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26 Nov 2024 What is Labour’s new ‘Back to Work’ plan? Paul McNamara Senior Political Correspondent The Government has unveiled its £240 million plan to tackle economic inactivity – promising to build a country “where those who can work, will work”. The plans include substantial reforms to job centres and more capacity within the NHS to clear waiting lists – with hopes that people on sick leave will get back into the workforce. The Conservatives said Labour wasn’t willing to take the kind of tough decisions needed to reduce welfare spending. Share on Facebook Share Share on Twitter Tweet Share on WhatsApp Send Share on WhatsApp Send Share on WhatsApp Email Load more share options
Passive home project in north Minneapolis aims to provide buyers affordable, environmentally friendly livingBritain's leader Keir Starmer makes his first trip to the Gulf as prime minister from Sunday, seeking to attract investment from the region's oil-rich states, Downing Street announced. Starmer will first visit the United Arab Emirates and then travel to Saudi Arabia, before stopping off in Cyprus on his way back to London on Tuesday in a bid "to build closer ties and drive long term UK growth". The trip to Abu Dhabi and Riyadh comes as his Labour government pursues a free-trade deal with the Gulf Cooperation Council's six nations: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE. "There is huge untapped potential in this region, which is why, while here, I will be making the case to accelerate progress on the Gulf Cooperation Council Free Trade Agreement," Starmer said in a statement released Saturday. The meetings will also aim to "deepen our research and development collaboration" and partner on projects in areas including defence and artificial intelligence, Starmer added. The British leader will land in the UAE on Sunday evening, ahead of Monday morning talks with its president Sheikh Mohamed bin Zayed Al Nahyan. Later Monday, Starmer will fly to Saudi Arabia to meet Riyadh's de facto leader Crown Prince Mohammed bin Salman, who last week hosted French President Emmanuel Macron. A Downing Street press release called the UAE and Saudi "some of the UK's most vital modern-day partners". The regional tour will end on Tuesday with Starmer meeting President Nikos Christodoulides in Nicosia, the first bilateral talks between the leaders of Britain and Cyprus in over five decades. Starmer is also due to address British troops stationed in Cyprus. Labour has staked its credibility on a promise to get Britain's sluggish economy firing again. It says a GCC agreement could boost bilateral trade, currently accounting for £55 billion ($70 bn) of UK trade, by 16 percent, "potentially adding an extra £8.6 billion a year in the long run". It hopes a deal would see Gulf sovereign wealth funds invest in a range of sectors, including energy and infrastructure, while also opening up lucrative markets to British firms. Starmer's trip comes after Britain last week rolled out the diplomatic red carpet for Qatar's emir Sheikh Tamim bin Hamad Al-Thani who enjoyed a state visit to the UK. Starmer discussed trade with the royal during talks in Downing Street that coincided with Qatar announcing it will invest £1 billion ($1.3 billion) in British climate technologies. Discussing regional conflicts is expected to be "high up the agenda", including the Israel-Hamas war in Gaza, the fragile ceasefire in Lebanon and renewed unrest in Syria. Starmer will also be looking to repair relations between the UK and UAE that soured under the previous Conservative government after an Abu Dhabi-backed bid to buy the Telegraph newspaper failed. The Gulf visit will be Starmer's 15th international trip since he entered Number 10 on July 5. Opponents have criticised the amount of time he has spent out of the country but allies insist the trips have been vital to get to know other world leaders. Starmer, 61, has been insisting in capitals that "Britain is back on the world stage" following rancour over its departure from the European Union. pdh/aks/jj
When the , its earliest . This didn’t stop from spending up to to get their hands on one, and resale values have shown the folly of that approach: Cybertruck values are dropping far and dropping fast. since the model’s launch, and the first few auctions drew big numbers: A that didn’t meet reserve, , the at $146,500. Later auctions, though, have fallen from those heights. Auctions that end in the six-figure range seem to be the exception rather than the rule. Bring A Trailer has hosted fewer Cybertrucks, but the site’s is damning. It shows a neat downward line for truck values — a line so neat, in fact, that it can be graphed alongside the Cars And Bids values: The trendline isn’t perfect, with an R-squared of only 0.608, but there’s a very clear downward trend — and a steep one at that. Splitting the sales from the high bids that didn’t meet reserve shows us a bit of extra info: Despite the lowered prices on auctions, more of those auctions are selling. When setting reserve prices, Cybertruck owners are expecting less and less value for their vehicles. Interestingly, some of Tesla’s moves can be seen on this graph. Sales slowed as August approached, then paused entirely for nearly the entire month — just as . When sales resumed, they started slightly elevated from the prior trendline. Without a base model to compete with, sold trucks seemed to hold their value better. Cybertruck owners, for their part, are very concerned about depreciation. The forums are aghast that these trucks might have , which might lead one to wonder if they’ve ever purchased a new vehicle before. Or a used one. Or dealt with money at all. If you’re considering a Cybertruck as an investment, maybe stick to playing stocks. For the latest news, , and .Trump's Tariff Tango: Markets React
Warning: This article contains disturbing details of alleged animal abuse. People on social media are calling for a boycott of Butterball brand turkeys ahead of Thanksgiving after People for Ethical Treatment of Animals resurfaced an old video, causing confusion and disturbance. The video, posted to PETA’s Instagram account last week, highlighted disturbing allegations from an investigation at a Butterball plant that reportedly took place nearly 20 years ago. According to PETA’s website, the 2006 “undercover investigation” that allegedly took place at a Butterball slaughterhouse in Ozark, Arkansas, found workers physically and sexually abusing live turkeys. However, Butterball said these allegations took place before the company became privatized and certified by American Humane. The resurfaced video zeroes in on the alleged sexual abuse of the live turkeys. The caption on the video states, “Do you know what happened to your Butterball turkey before they were killed?” However, PETA did not specify that the content was from 18 years ago. Still, a majority of the comments encourage people to boycott Butterball ahead of the Thanksgiving holiday. Videos of other people on social media discussing PETA’s post have sparked confusion that there is a recall associated with it, but there are currently no active recalls for Butterball turkeys. Scripps News reached out to Butterball and its spokesperson provided the following statement: "We are aware of a video from nearly 20 years ago, which is being re-shared across social media. This video is not current and was taken prior to Butterball becoming a private company and prior to our engagement and certification through American Humane. Animal care and well-being is central to who we are as a company, and we are committed to the ethical and responsible care of our flocks. Eleven years ago, Butterball was the first, and remains the only, turkey company to be American Humane certified. That means we have yearly audits conducted by a third party to ensure compliance with our 200+ science-based standards of best practice for care of turkeys, well exceeding industry best practices. We are proud of this designation that no other turkey company can claim and have a zero-tolerance policy for animal mistreatment."Donald Trump’s election interference and classified documents cases dismissed
The New England Patriots have missed some key players on defense for a chunk of the season, but they're getting closer to having one of them back. On Monday, the NFL reinstated safety Jabrill Peppers from the league's commissioner's exempt list. Peppers was arrested and charged with "assault and battery, assault and battery with a dangerous weapon, strangulation, and possession of a Class B substance believed to be cocaine" on October 7 following an alleged altercation in Braintree, Massachusetts. The 29-year-old, who received an extension during training camp , has a jury trial set for Jan. 22 following a pretrial hearing in Quincy, Massachusetts this past Friday. At this point, Peppers is allowed to return to practice and attend games with his removal from the commissioner's exempt list from a league perspective, but the investigation is still ongoing. “In accordance with the Personal Conduct Policy, the league initiated a preliminary investigation into an incident from early October. That review will remain ongoing and is not affected by this change in Peppers’ roster status.” New England released their own comment after the news. "The league has removed Jabrill Peppers from the commissioner’s exempt list. After missing the past seven games, he will now return to the active roster. We understand that the league’s investigation into the matter will continue, as will the legal process. We will await the outcome of both before making any further comment." It's unclear, at this point, if and when he'll return to the team. MORE PATRIOTS NEWS Winners and losers from Patriots’ Week 12 matchup vs. Dolphins Takeaways from New England’s loss to Miami Where Patriots sit in 2025 NFL draft order after Week 12 Patriots should consider coaching/front office changes
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Nvidia ( NVDA ) is assuaging Wall Street’s concerns about any potential slowdowns in the production of its next-generation Blackwell chip, telling investors during the company’s earnings call on Wednesday that it’s on pace to exceed its previous revenue estimates for the current quarter. “Blackwell production is in full steam,” CEO Jensen Huang said during the call. “I think we're in great shape with respect to the Blackwell ramp at this point.” Prior to the earnings call, The Information reported on Nov. 17 that Nvidia was contending with overheating issues related to its Blackwell-based servers leading suppliers to adjust the design of the racks that house the servers. Nvidia responded at the time saying that design iterations are normal and expected. The report followed a separate Blackwell design issue that Nvidia addressed over the summer, which gave Wall Street pause about whether the chip would land on customers' doorsteps on time. Now Nvidia is saying that the chips aren’t just shipping, they’re in the hands of all of the company’s major partners as well. In Q3, Nvidia reported that cloud service providers, companies like Microsoft ( MSFT ), Amazon ( AMZN ), and Google ( GOOG , GOOGL ), made up 50% of the chipmaker’s data center revenue . Ensuring they’re getting Blackwell chips sooner than later is paramount for Nvidia’s continued growth. And the company appears to be doing just that. Read more: Nvidia nearly triples in value over 11 months: Is it time to invest? “With any product ramp, there's always a great deal of complexity, and Blackwell is no different,” Dan Flax, senior research analyst and managing director at Neuberger Berman, told Yahoo Finance. “And I think what's notable is that Nvidia and its partners are executing well. I think supply will improve over the next couple of months as they really scale Blackwell.” But there’s one problem that continues to bedevil Nvidia: supply constraints. The sheer number of companies jockeying for position to grab the AI behemoth’s chips makes it difficult to meet demand. “It is the case that demand exceeds supply,” Huang told analysts. “And that’s expected as we’re in the beginning of this generative AI revolution.” For some perspective, Meta CEO Mark Zuckerberg told investors during the company’s most recent earnings call that the social media giant is training its Llama 4 AI models on a server cluster made up of more than 100,000 Nvidia H100 chips . The H100 is Nvidia’s prior-generation Hopper AI accelerator. With Blackwell promising far better performance than Hopper, it only makes sense that massive AI companies like Meta ( META ) are angling to get as many of those chips as possible. As Blackwell production continues to ramp, though, the company should be able to ensure its most important customers get the chips they need. “Nvidia's supply chain and all the data center power capacity is increasing at a very rapid pace,” New Street Research technology infrastructure analyst Antoine Chkaiban told Yahoo Finance in a video interview. “And so here the conclusion is that there is no bottleneck preventing Nvidia from ... meeting consensus expectations next year.” In its Wednesday earnings announcement, Nvidia reported better-than-anticipated results on the top and bottom lines, beating Wall Street’s estimates and modestly topping the outlook for its current quarter. Revenue jumped 94% year over year, while Data Center sales climbed 112%. Despite that, shares fell in early trading Thursday. This isn’t the first time the market has turned on Nvidia after it posted huge revenue growth. Investors pulled back after the company’s last earnings report as well before rallying behind the stock in the following weeks and making Nvidia the largest publicly traded company in the world ahead of Apple earlier this month. Email Daniel Howley at dhowley@yahoofinance.com. Follow him on Twitter at @DanielHowley . For the latest earnings reports and analysis, earnings whispers and expectations, and company earnings news, click here Read the latest financial and business news from Yahoo Fin ance.No. 21 Creighton's Steven Ashworth doubtful for Players Era Festival opener against Aztecs
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Mumbai : In a major crackdown on illegal smuggling of gold, the customs officers in Mumbai arrested a passenger coming from Sharjah, United Arab Emirates (UAE) for allegedly smuggling 24 carats of gold dust in wax worth Rs 2.89 crore. The accused was intercepted during a rummaging of a flight after his arrival at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) on Tuesday, November 26. “On 26 Nov 2024, on rummaging of a flight which arrived from Sharjah, the officers at CSMI Airport,Mumbai, seized gold dust (in wax form) with net weight of 4.050 Kg, provisionally valued at Rs 2.89 crore,” the statement issued by the Mumbai Customs said. The passenger has been arrested as per the provisions of the Customs Act, 1962 and further investigations are underway. On 26 Nov 2024, on rummaging of a flight which arrived from Sharjah, the officers at CSMI Airport,Mumbai, seized gold dust (in wax form) with net weight of 4.050 Kg, provisionally valued at ₹ 2.89 Crore. pic.twitter.com/QqFyPcz8yD In another significant seizure, the customs officers at CSMIA seized three gold bars, each weighing one kilograms from a passenger arriving from Dubai . These 24 carat bars were valued at Rs 2.27 crore. On 11th Nov, 2024, the officers at CSMI Airport, Mumbai, recovered 03 Gold Bars (each weighing 1 kg) with total net wt. 03 kgs v/a Rs. 2.27 Cr from a pax arriving from Dubai. These 24 KT Gold Bars were concealed in pocket of the trousers worn by the pax. The pax has been arrested pic.twitter.com/vwfdxs0Je4