QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown. Girard painted a positive picture of the province's finances despite a projected $11-billion deficit that remains unchanged from March's budget. "Quebec is progressing," he told reporters. "The return of inflation to a low and predictable level, combined with the reduction in interest rates, favours economic recovery in Quebec in 2024 and 2025." He said real GDP growth is expected to be 1.2 per cent in 2024, compared with the 0.6 per cent that was expected. However, spending is also up, with Girard pointing to expenses related to record-breaking flooding this summer and increased health and social services costs. The new spending he announced includes more than $250 million for the forestry sector and $1.2 billion for community development, including $880 million for public transit. The government is also setting aside $250 million to assist flood victims and rebuild infrastructure following post-Tropical Storm Debby, and $208 million to promote access to housing. Girard told reporters the government is still reviewing its spending as it moves toward its goal of balancing the budget by the 2029-30 fiscal year, with more details to be provided in next year's budget. As part of the review, the government decided that Quebecers between the ages of 60 and 64 will no longer be eligible for a tax credit that was introduced in 2012 to encourage older workers to stay in the workforce. Girard said Thursday the average age of retirement in Quebec has risen to 64.7 years in 2023 from just over 61 years in 2011. "For people between the ages of 60 and 64 years old, the historic gap that existed with Ontario has practically disappeared," he said. Nearly 200,000 60- to 64-year-olds are expected to lose out on an average of about $1,000 per year due to the changing eligibility. The government is also clawing back the amount of the credit for higher earners who are 65 and over, beginning at $56,500 in net revenue. Those who make over $81,500 will get no tax credit. These changes are expected to save the government about $200 million per year, said Girard, adding that "people expect us to review measures and eliminate those that are no longer justified." This report by The Canadian Press was first published Nov. 21, 2024. — With files from Morgan Lowrie in Montreal Caroline Plante, The Canadian PressDarius Tahir | (TNS) KFF Health News President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. Related Articles National Politics | Special counsel moves to dismiss election interference and classified documents cases against Trump National Politics | Donald Trump Jr. emerges as a political force of his own as he helps his father launch a second term National Politics | The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation National Politics | What to know about Brooke Rollins, Trump’s pick for agriculture secretary National Politics | After Trump’s Project 2025 denials, he is tapping its authors and influencers for key roles Oz may gain or lose financially from other Trump administration proposals. For example, as of 2022, Oz held investments worth as much as $6 million in fertility treatment providers. To counter fears that politicians who oppose abortion would ban in vitro fertilization, Trump floated during his campaign making in vitro fertilization treatment free. It’s unclear whether the government would pay for the services. In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.
New Delhi: Congress MP Priyanka Gandhi Vadra on Saturday questioned why ‘Adani’ was expunged from her speech and asked if it is an unparliamentary word. In her maiden speech in the Lok Sabha on Friday, Priyanka Gandhi had said it seems Prime Minister Narendra Modi has not understood that it is “Bharat ka Samvidhan” and not “Sangh ka Vidhan”. Asked about BJP’s criticism of Leader of Opposition in Lok Sabha Rahul Gandhi’s speech, she told reporters on Saturday, “This is the job of the BJP. They don’t want to talk on real issues. The speech that I have given, only Adani has been expunged from it.” “Is Adani unparliamentary word? They can take anyone’s name, we can’t take Adani’s name?” she said. The newly elected Wayanad MP claimed during a debate on the Constitution in the Lok Sabha that had it not been for the Lok Sabha poll results, the ruling party would have started changing the Constitution.BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Nov 25, 2024-- TriMas (NASDAQ: TRS) today announced the launch of its new, state-of-the-art, 225,000 square foot facility for its TriMas Packaging group in Haining, China. This milestone follows last year’s decision to rationalize two manufacturing facilities into one new facility. TriMas exited both its Hangzhou, China, and older Haining, China facilities, consolidating them into a single, new facility in Haining with advanced capabilities to better serve customers across China and the wider Asian markets. The highly automated facility is equipped with advanced injection molding and assembly capabilities, autonomous robots including Automated Guided Vehicles (AGVs), robotic auto palletizing and a specialized Warehouse Management System (WMS). These innovations streamline material handling processes, reduce labor expenses, minimize safety risks and support the Company’s sustainability goals through energy-efficient systems and waste reduction practices. Additionally, the facility features a cutting-edge quality lab, a 100,000-level clean room and QS certification, ensuring compliance with stringent food safety standards in China. “We are excited to introduce our new state-of-the-art facility in Haining, which reflects our commitment to operational excellence, innovation, sustainability and delivering high-quality packaging solutions for our customers,” said Thomas Amato, TriMas President and Chief Executive Officer. “With this addition, we are proud to now have advanced flagship locations in the United States, Mexico, and China, strategically positioning us for continued growth across these key regions. We extend our thanks to our TriMas Packaging team who contributed to the successful launch of this cutting-edge facility in Haining.” The Haining facility manufactures dispensing and airless lotion pumps, foaming pumps, caps and closures, primarily for the beauty and personal care markets. It also produces e-commerce lotion pumps to meet the growing demand in the online retail sector. View the video to see the new Haining facility : TriMas Packaging: Haining, China Facility About TriMas Packaging TriMas Packaging serves its global customers with its market-leading brands, consisting of Rieke ®, Affaba & FerrariTM, Rapak ®, TaplastTM, Plastic Srl and Aarts Packaging. TriMas Packaging designs and manufactures a comprehensive array of dispensing, closure and flexible packaging solutions for a broad range of end markets including the beauty and personal care, food and beverage, home care, pharmaceutical and nutraceutical, and industrial and agricultural markets. With approximately 2,200 dedicated employees and 26 locations worldwide, TriMas Packaging’s innovative solutions and services are designed to enhance customers’ ability to dispense, transport and store their products safely and securely in an ever-changing marketplace. For more information, please visit www.trimaspackaging.com . About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,400 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241125337341/en/ CONTACT: Sherry Lauderback VP, Investor Relations & Communications (248) 631-5506 sherry.lauderback@trimas.com KEYWORD: MICHIGAN CHINA UNITED STATES NORTH AMERICA ASIA PACIFIC INDUSTRY KEYWORD: MACHINERY PACKAGING ROBOTICS TECHNOLOGY ONLINE RETAIL COSMETICS MANUFACTURING RETAIL SOURCE: TriMas Copyright Business Wire 2024. PUB: 11/25/2024 01:00 PM/DISC: 11/25/2024 01:00 PM http://www.businesswire.com/news/home/20241125337341/enUnder fire: Dramatic evacuation of injured soldier from battlefield
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Portfolio Change: One Stock To Buy, November 25Citigroup Inc. increased its stake in Newell Brands Inc. ( NASDAQ:NWL – Free Report ) by 7.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,233,918 shares of the company’s stock after purchasing an additional 88,164 shares during the period. Citigroup Inc. owned 0.30% of Newell Brands worth $9,476,000 as of its most recent filing with the Securities & Exchange Commission. Several other large investors also recently bought and sold shares of NWL. Massachusetts Financial Services Co. MA lifted its holdings in shares of Newell Brands by 18.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 16,618,316 shares of the company’s stock worth $127,629,000 after purchasing an additional 2,634,114 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Newell Brands during the 3rd quarter valued at approximately $3,316,000. Primecap Management Co. CA raised its holdings in shares of Newell Brands by 4.8% during the third quarter. Primecap Management Co. CA now owns 14,723,079 shares of the company’s stock worth $113,073,000 after purchasing an additional 674,015 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of Newell Brands during the third quarter worth $1,506,000. Finally, Moors & Cabot Inc. boosted its holdings in Newell Brands by 85.6% in the third quarter. Moors & Cabot Inc. now owns 49,370 shares of the company’s stock valued at $379,000 after purchasing an additional 22,768 shares during the last quarter. Hedge funds and other institutional investors own 92.50% of the company’s stock. Analyst Upgrades and Downgrades A number of equities analysts have weighed in on the company. Citigroup lowered Newell Brands from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 13th. Wells Fargo & Company boosted their price target on Newell Brands from $8.00 to $9.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Canaccord Genuity Group raised their price objective on shares of Newell Brands from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. cut their target price on shares of Newell Brands from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Friday, October 11th. Finally, Barclays raised shares of Newell Brands from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $8.00 to $10.00 in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Newell Brands presently has an average rating of “Hold” and a consensus price target of $9.10. Newell Brands Stock Performance NWL opened at $9.59 on Friday. The firm’s fifty day simple moving average is $8.31 and its two-hundred day simple moving average is $7.60. Newell Brands Inc. has a 52-week low of $5.39 and a 52-week high of $9.72. The company has a market cap of $3.99 billion, a price-to-earnings ratio of -15.98, a PEG ratio of 0.88 and a beta of 0.89. The company has a quick ratio of 0.50, a current ratio of 0.99 and a debt-to-equity ratio of 1.43. Newell Brands ( NASDAQ:NWL – Get Free Report ) last issued its quarterly earnings results on Friday, October 25th. The company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. Newell Brands had a negative net margin of 3.22% and a positive return on equity of 10.22%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the company posted $0.39 EPS. Newell Brands’s quarterly revenue was down 2.6% compared to the same quarter last year. Equities analysts anticipate that Newell Brands Inc. will post 0.66 earnings per share for the current fiscal year. Newell Brands Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Friday, November 29th. Newell Brands’s dividend payout ratio is currently -46.67%. Insider Buying and Selling at Newell Brands In other news, insider Bradford R. Turner sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $8.96, for a total transaction of $179,200.00. Following the transaction, the insider now directly owns 230,254 shares in the company, valued at $2,063,075.84. The trade was a 7.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . 0.58% of the stock is currently owned by insiders. Newell Brands Company Profile ( Free Report ) Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr. See Also Receive News & Ratings for Newell Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newell Brands and related companies with MarketBeat.com's FREE daily email newsletter .TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to lead
Double Olympic medallist PV Sindhu got engaged to Hyderabad-based Venkata Datta Sai, an Executive Director at Posidex Technologies. The badminton star on Saturday shared the picture from the ceremony that is going viral on social media. In the surfaced photo, Sindhu and Venkata could be seen having a ring on their hands and sharing a laugh together. Notably, the couple is set to tie the knot on December 22 in Udaipur. The wedding festivities will begin on December 20, and there will be a reception in Hyderabad. Afterward, Sindhu will resume her training for an important upcoming season. A post shared by PV Sindhu (@pvsindhu1) According to Sindhu's father, the two families are well acquainted with each other, but the wedding plans came together within a month. The couple chose this date since Sindhu will be busy with training and competitions starting next year. Sindhu is the first and only Indian to win the gold medal at the BWF World Championships in 2019. She is only the second Indian individual athlete to win two consecutive Olympic medals: In 2016 Rio Olympics, she won silver medal, becoming the first Indian badminton player to reach an Olympic final. In the 2020 Tokyo Olympics, she won Bronze medal. In badminton world championships, Sindhu have five medals to her name, making her one of only two women (alongside China's Zhang Ning) to achieve this feat in singles. Her fiance, Venkata Datta Sai has a Diploma in Liberal Arts and Sciences/Liberal Studies from Foundation of Liberal and Management Education. He completed his BBA Accounting and Finance from Flame University Bachelor of Business Administration in 2018 and then did his Master's degree in Data Science and Machine Learning from International Institute of Information Technology, Bangalore. He started working with JSW both as a summer intern as well as an In-House Consultant. Since 2019, he has been working as Managing Director for Sour Apple Asset Management while also serving as the Executive Director in Posidex. "The loan that you get in 12 seconds or the credit card that you have thanks to the instant credit score matching? Just some of the most complex problems I solve using a proprietary entity resolution search engine. My solutions and products are deployed for critical operations at some of the biggest banks from HDFC to ICICI," he wrote on his LinkedIn profile. (With PTI Inputs)NFT Use Cases Beyond Art: Real Estate, Tickets, and MoreHome | Hyderabad | Iip Hyderabad Organises First Convocation Ceremony IIP Hyderabad organises first convocation ceremony Congratulating the graduating students, TGCHE Chairman and JNTU-H Vice Chancellor, Prof. V Balakrishna Reddy told them that five factors - globalisation, liberalisation, digitalisation, privatisation and covidisation - would influence individuals or any business. By Telangana Today Published Date - 14 December 2024, 08:44 PM Hyderabad: The Indian Institute of Packaging (IIP) Hyderabad, organised its first convocation ceremony for the first and second batches of Master of Science in Packaging Technology here on Saturday. Congratulating the graduating students, TGCHE Chairman and JNTU-H Vice Chancellor, Prof. V Balakrishna Reddy told them that five factors – globalisation, liberalisation, digitalisation, privatisation and covidisation – would influence individuals or any business. He asked students to innovate to help global society. Plenty of opportunities exist, but you must cater to those opportunities, he told students. IIP Mumbai Director RK Mishra said being an educational capital and industrial city, Hyderabad needs IIP. “The packaging industry is growing double-digit. And it is going to grow. It is a golden era for packaging professionals now,” he said. Mishra asked students not to forget their mother and institution. “Your mother has given you birth and your institution has given you intellect,” he told students. The certificates were awarded to 30 students and Aparna of the first batch was presented a gold medal for standing subject topper. N Nataraj, Deputy Director, Assistant Professor & Regional Officer – IIP – Hyderabad, Shanker Patel, Chairman IIP Hyderabad, Prof. K Venkateswara Rao, Registrar JNTUH, among other faculty, staff, students and parents participated in the event. Follow Us : Tags Hyderabad Hyderabad News JNTU-H TGCHE Related News Hyderabad: Man dies by suicide after he jumps from PVNR Expressway at Attapur ‘Dhandoraa’ launched with puja ceremony under Loukya Entertainments banner Anwar-ul-uloom dominates Osmania University Wrestling Championships, claims victory with 20 points ‘The Rage of Daaku’ song from Balakrishna’s upcoming film ‘Daaku Maharaaj’ out now
NoneShares of LTIMindtree Ltd. traded 0.93 per cent in Thursday's session at 10:20AM (IST). The stock opened at Rs 6250.00 and has touched an intraday high and low of Rs 6353.80 and Rs 6249.95, respectively, during the session so far. The stock quoted a 52-week high of Rs 6575.00 and a 52-week low of 4518.35. About 2,154 shares changed hands on the counter so far. Benchmark Nifty50 was 84.25 points at 24383.2, while the BSE Sensex traded 207.27 points at 80749.06 at the time of writing of this report. In the Nifty pack, 8 stocks traded the day in the green, while 42 were in the red. Stock Trading Technical Trading Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Stock Markets Made Easy By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Options Trading Course For Beginners By - Chetan Panchamia, Options Trader View Program Stock Trading Candlesticks Made Easy: Candlestick Pattern Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Complete Guide to Stock Market Trading: From Basics to Advanced By - Harneet Singh Kharbanda, Full Time Trader View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Point & Figure Chart Mastery: A Comprehensive Trading Guide By - Mukta Dhamankar, Full Time Trader, 15 Years Experience, Instructor View Program Stock Trading Options Trading Made Easy: Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Stock Valuation Made Easy By - Rounak Gouti, Investment commentary writer, Experience in equity research View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Mastering Options Selling: Advanced Strategies for Success By - CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader View Program Key Financials For the quarter ended 30-Sep-2024, the company reported consolidated sales of Rs 9731.8000 crore, 3.86 per cent from the previous quarter's Rs 9369.7000 crore and 7.55 per cent from the year-ago quarter. The company reported net of Rs 1251.0 crore for the latest quarter. Promoter Holdings Promoters held 68.6 per cent stake in the company as of 30-Sep-2024, while FIIs held 7.39 per cent and MFs 5.38 per cent. Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 5494.46 on December 05, while the 50-DMA was at Rs 6087.82. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way. (You can now subscribe to our ETMarkets WhatsApp channel )
The future of animation work in the AI era is beginning to take shape. Following a high-stakes negotiation that stalled due to a fierce battle over the burgeoning technology, has reached a tentative deal with studios and streamers over a new three-year contract for members in the L.A. area. The deal was reached on Friday, according to the union. The result of three months of on-and-off negotiations, the provisional pact includes AI language with “notification and consultation provisions,” according to the union, which did not provide any other specifics on this key part of the agreement. The deal also provides a 7 percent general wage increase in the first year of the contract, a 4 percent increase in the second year and 3.5 percent bump in the third and language that allows for remote work. New funding for union members’ health and pension plans will forestall any additional costs or reduced benefits and Juneteenth will be added as a holiday. The union also stated that the the agreement includes changes for specific crafts, such as “a framework for staffing minimums” for animation writers, and “improvements” to the union’s new media sideletter. Said Steve Kaplan, the union’s business representative and chief negotiator in the talks, “Our Table and Support Team members were stalwart in their resolve to achieve all that we could during these discussions.” He added, ” As always, this new agreement gives us a solid foundation to work with as we work to keep our industry strong over the next three years.” has reached out to the Alliance of Motion Picture and Television Producers for comment. Guild negotiators have been clear that, from their point of view, these contract negotiations were primarily a fight over AI. In a that was released in January, an economic consulting firm commissioned by the Animation Guild found that 29 percent of animation jobs could potentially be disrupted by AI within the next three years alone. In a separate report, released days before the union resumed contract negotiations, entry-level positions will be most at risk of displacement in the next few years even as AI applications and programs “can target most of the job categories of TAG members.” The union, which represents more than 5,000 animation workers in collective bargaining, entered negotiations with the Alliance of Motion Picture and Television Producers on August 12. Besides the top issue for the union for the union — instituting guardrails on generative AI — the group also sought to fight the outsourcing of work originating at L.A.-area studios to other countries. In a on August 10, union leaders argued that this round of negotiations will set the tone for animation for years to come. “This really, for us, feels like a do-or-die negotiation cycle,” negotiating committee member and writer Joey Clift said. Added writer Julie Prescott, “The American animation industry is at stake and the drawing kid from your childhood is not going down without a fight.” In recent weeks, the labor group has taken the fight to the doorsteps of major companies, demonstrating at the offices of Netflix, and Warner Bros. Animation. While there, workers delivered a petition citing recent financial struggles for animation workers and calling for a “fair deal” with “livable wages and job security.” Now, animation workers will begin to receive more information about the deal as the union prepares to put the agreement to a ratification vote. The union has not yet disclosed the date of that vote. THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood ReporterVeteran Catcher a Viable Option for Many TeamsA hybrid-car comeback is in the making — and it could be great news for your wallet
Darius Tahir | (TNS) KFF Health News President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. 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It’s unclear whether the government would pay for the services. In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.How climate change became a pretext for fascism
Drivers know that Honda makes some of the most reliable cars on the road , but it deserves to be recognized for its leadership in safety technology, too. Honda's safety features are part of its commitment to creating what it calls a collision-free future. Their engineers design cars, trucks, minivans, and SUVs that not only protect their occupants during accidents, but also help drivers to avoid crashes altogether. Since truly autonomous self-driving cars still lie at some point in the future, Honda hopes to accomplish the second-best thing by giving drivers a smart copilot. From computer-designed impact-absorbing frames to advanced driver-assist technology, Honda aims to be a world leader in safety. The carmaker's ratings from the Insurance Institute for Highway Safety (IIHS) reflect their success in achieving this goal, year in and year out. For instance, in the IIHS 2024 ratings , nearly every Honda model received either a Top Safety Pick or Top Safety Pick+ award. The Civic hatchback, CR-V, and Odyssey were noted as Top Safety Picks, while the Civic sedan, Accord, HR-V, and Pilot all got the nod as Top Safety Pick+ winners. Both ratings are very similar, with the plus sign indicating good performance in an updated moderate overlap frontal collision test. Honda divides its safety systems into two broad groups — active safety systems and passive safety systems. Many active systems are part of the suite of Honda Sensing features, which several car models are equipped with across Honda's product range. These safety tools intervene to help the driver and make crashes less likely. By contrast, passive safety systems protect vehicle occupants in the unfortunate event that an accident does occur. This system intervenes to apply the brakes when it detects an imminent collision with either a vehicle or a pedestrian. It uses radar and a windshield-mounted camera to detect obstacles. According to Honda's video about the CMBS (see below), it kicks in between 3 mph and 62 mph if it detects a possible frontal impact. It also works at 18 mph or less if it detects a potential collision during left turns. The system gives audio alerts about potential crashes and shuts itself off if the driver uses the brakes and steering to avoid the impact. If the driver fails to respond and the threat of a collision increases, the CMBS begins to apply the brakes. If the situation worsens and the system determines that a crash is inevitable, it applies heavy braking to lessen the impact. Drivers can adjust the sensitivity of the alerts to tailor them to their comfort levels, or even turn them off. From the Home screen on the touch-screen on the dashboard, select Vehicle Settings, then select Driver Assist System Setup. From this screen, choose the options to select the collision warning distance or turn off the audio warning. The Road Departure Mitigation System uses your Honda's camera to monitor lane markings, the edge of the roadway, and oncoming vehicles. It works between 45 and 90 mph and shuts off when the turn signal is used. If it senses that the Honda is drifting toward the edge of its lane or an oncoming car, it flashes a warning on the dashboard and vibrates the steering wheel. If necessary, it will engage the electric power steering to guide the vehicle back into the center of its lane. Like the CMBS, this feature is customizable. From the Home screen on the center console menu, choose Settings. Choose the Road Departure Mitigation System from the settings menu, and then decide how sensitive you want the system to be — Narrow for minimal tolerance of lane drift, Normal for a middle level of sensitivity, or Wide for maximum tolerance. There's also a warning-only setting that disengages the system from steering. Designed for regular driving conditions, this system keeps the Honda centered in its lane, allowing the driver to focus on surrounding traffic. Unlike the Road Departure Mitigation tool, the LKAS is intended for normal, non-emergency situations like highway cruising. It uses its camera and the power steering to keep the vehicle in the middle of its lane. The driver can always steer to override the system and must always keep at least one hand on the steering wheel or the system will give a warning and disengage. The system is activated with a button on the steering wheel and works at speeds up to 90 mph as long as it can detect lane markings. When the LKAS is engaged, lines representing lane markers appear on the instrument panel. The lines turn green if the camera sees the lanes on the road. If the lane markers disappear or become obscured by dust or snow, the lines turn gray, and the system disengages. Honda's Adaptive Cruise Control with Low-Speed Follow (ACC) is a great tool to help you keep a safe following distance in traffic, as this system follows the vehicle ahead at a distance chosen by the driver. In stop-and-go traffic, the system can even bring the Honda to a complete stop and then resume following the car in front when it starts moving again. Controls for activating the ACC system and choosing a following distance are on the steering wheel, with indicators on the instrument panel displaying the set speed and following interval. Different models have different switches to activate and adjust this feature, so check the owner's manual for the controls for your Honda. The system disengages when the driver steps on the brake pedal and can be reactivated with the Resume button on the steering wheel. Another helpful tool included in your car's suite of Honda Sensing safety features is Traffic Sign Recognition (TSR). This system uses the vehicle's windshield-mounted camera to read speed limit signs and display them on the instrument panel as an icon that looks like a speed limit sign. As you reach or exceed the speed limit detected by the TSR, the icon blinks. When you make a signaled turn onto another road, the icon disappears until a speed limit sign on the new road is detected. TSR is customizable to the driver's preferences. The procedure varies slightly depending on which size center console screen the Honda is equipped with. On either display screen, navigate to the Settings screen, then to the Driver Assist Setup screen, and from there to the Traffic Sign Recognition screen. From here the system can be turned off completely, or the over-speed warning system can be turned off or adjusted to a higher threshold above the speed limit. In Hondas equipped with a multi-angle rearview camera, the Cross Traffic Monitor sounds an alert if a vehicle is approaching from either side. It also highlights the approaching hazard on the system's rearview monitor. It functions at speeds of 3 mph or less when the Honda is in reverse. It detects cross-traffic moving between 6 and 16 mph, so it's intended to warn of hazards moving at parking lot speeds rather than road traffic. In the event that something is detected by the Cross Traffic Monitor system, a beeper will alert the driver and an arrow on the backup camera touchscreen will indicate which direction the object is approaching from. It also doesn't detect traffic driving toward the vehicle from directly behind. Therefore, it won't detect if the car in the space across the row begins backing out of its space. The system serves mainly to aid in backing out of spaces with a limited view to either side, which means that the driver must remain alert to other hazards. The Auto High-Beam Headlights system monitors your forward surroundings at night using the windshield-mounted camera and automatically dims the high beams when it detects traffic ahead. To activate the system, the driver sets the headlight switch to the Auto position. To disengage it, all that you need to do is select the regular On position and then manually choose low beams or high beams. This also disengages the automatic on and off function for your headlights. If the driver does not want to switch off the auto high beams at the beginning of every night drive, it is possible to disable the feature completely. This is done by turning the car's power mode to On, putting the light switch in the Auto position, and then pulling the light switch lever back toward the driver for 40 seconds. The system will now be off by default. Repeating the procedure for 30 seconds will default back to the original setting. Three systems round out the list of active safety systems. The first is the Anti-Lock Braking System, or ABS, which is one of the automotive acronyms you should know . It's also one of the earliest modern safety systems, as Mercedes-Benz was the first to implement ABS way back in 1978. However, Honda continues to innovate and improve the technology. In an ABS-equipped model, sensors at each wheel electronically monitor wheel rotation, and if they detect lockup during braking, brake force is reduced until the wheel spins again. The system can pulse up to 100 times per second, providing more control so the driver can steer under braking to avoid obstacles. The second feature is Vehicle Stability Assist (VSA) with Traction Control, which uses sensors to detect driving conditions and prevent loss of traction. The VSA system can brake each wheel individually while reducing the throttle until traction is restored. It also redirects power to the wheel that has traction during acceleration. A dashboard warning light will let you know the system is engaged. The third feature is the Blind Spot Information System (BSI). Under normal driving with the turn signals not in use, this system detects a passing vehicle in the driver's blind spot on either side and displays a lighted icon on the mirror on that side. When either turn signal is activated and there is a vehicle in the blind spot on that side, the mirror icon flashes, and an audible alert sounds from the dashboard. The driver can disable the audible alert in the Driver Assist Setup screen. Hondas also feature three main passive safety systems. The first is built right into each vehicle, as every Honda uses Advanced Compatibility Engineering (ACE) to build body structures that dissipate the energy of a collision. Sophisticated computers and multi-directional crash tests help Honda design vehicles that can absorb the energy of crashes from any angle. Plus, Honda's 3DXCITE Real Impact software allows ultra-realistic modeling of crash results, saving time and enabling engineers to zero in on the most critical improvements. The next passive safety system consists of front seat belt pre-tensioners. When a Honda with this technology senses an impending front impact collision, it automatically tightens the seatbelts to protect the car's front seat occupants. The system also features load-limiting technology, which reduces the tension if it senses that the pressure on the seatbelt is enough to injure the wearer. This occurs in milliseconds, boosting safety in less than the blink of an eye. Finally, all Hondas come with front airbags and many also feature additional side airbags. Some models are equipped with award-winning three-chamber airbags designed to reduce brain injuries. In 2023, the U.S. Department of Transportation bestowed its highest safety engineering award on Honda Engineer Eric Heitkamp for developing this unique system. Honda's website compares it to a catcher's mitt, cradling the occupant's head and preventing the rotation and violent deceleration that can cause traumatic injuries. This represents the kind of cutting-edge technology that keeps Honda in the lead in the realm of safety.Four pairs of New Balance trainers you can get for 40% off right now
(All times Eastern) Schedule subject to change and/or blackouts Sunday, Dec. 15 COLLEGE BASKETBALL (MEN’S) 1 p.m. CBSSN — Omaha at Iowa St. 2 p.m. BTN — New Orleans at Iowa 4 p.m. BTN — Georgia Tech vs. Northwestern, Milwaukee 6 p.m. BTN — Stephen F. Austin at Oregon 8 p.m. BTN — Montana St. at Southern Cal COLLEGE BASKETBALL (WOMEN’S) Noon ACCN — Miami at Pittsburgh BTN — Iowa at Michigan St. SECN — Longwood at Florida 1 p.m. ABC — NC State at Louisville 2 p.m. ACCN — Georgia Tech at North Carolina ESPN2 — West Virginia at Temple SECN — South Florida at South Carolina 3 p.m. ESPNU — Penn St. at Kansas 4 p.m. ACCN — Clemson at Wake Forest SECN — Lipscomb at Missouri COLLEGE VOLLEYBALL (WOMEN’S) 3 p.m. ABC — NCAA Tournament: Wisconsin at Nebraska, Regional Final 8:30 p.m. ESPN — NCAA Tournament: Creighton at Penn St., Regional Final GOLF 4:30 a.m. GOLF — DP World Tour: The Alfred Dunhill Championship, Final Round, Leopard Creek Country Club, Malelane, South Africa 1 p.m. GOLF — LPGA/PGA Tour: The Grant Thornton Invitational, Final Round, Tiburon Golf Club and The Ritz-Carlton Naples, Naples, Fla. 2 p.m. GOLF — Korn Ferry/PGA Tour: The Q-School, Final Round, Sawgrass Country Club, Ponte Vedra Beach, Fla. NBC — LPGA/PGA Tour: The Grant Thornton Invitational, Final Round, Tiburon Golf Club and The Ritz-Carlton Naples, Naples, Fla. HORSE RACING 2:30 p.m. FS1 — NYRA: America’s Day at the Races NBA G-LEAGUE BASKETBALL 3 p.m. NBATV — Greensboro at Westchester NFL FOOTBALL 1 p.m. CBS — Regional Coverage: Kansas City at Cleveland, Baltimore at N.Y. Giants, Miami at Houston FOX — Regional Coverage: Cincinnati at Tennessee, Washington at New Orleans, Dallas at Carolina, N.Y. Jets at Jacksonville 4:25 p.m. CBS — Regional Coverage: Indianapolis at Denver, Buffalo at Detroit, New England at Arizona FOX — Regional Coverage: Pittsburgh at Philadelphia, Tampa Bay at L.A. Chargers 8:20 p.m. NBC — Green Bay at Seattle PEACOCK — Green Bay at Seattle NHL HOCKEY 3 p.m. NHLN — N.Y. Islanders at Chicago 6 p.m. NHLN — Vegas at Minnesota SKIING 4 p.m. NBC — FIS: Alpine World Cup, Beaver Creek, Colo. (Taped) SOCCER (MEN’S) 9 a.m. USA — Premier League: Crystal Palace at Brighton & Hove Albion 11:30 a.m. USA — Premier League: Manchester United at Manchester City 2 p.m. USA — Premier League: Brentford at Chelsea SOCCER (WOMEN’S) 7 p.m. CBSSN — Serie A: Sassuolo at Inter Milan (Taped) The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .