MANILA, Philippines – A magnitude 5.8 earthquake struck Bangui town in Ilocos Norte on Monday morning, December 30, the Philippine Institute of Volcanology and Seismology (Phivolcs) said in a bulletin. The earthquake, which was tectonic in origin, struck at a depth of 10 kilometers at around 10:56 am Phivolcs said no damage is expected following the tremor but there will be aftershocks. Some social media users commented on the Phivolcs X earthquake post that they felt the tremor strongly in parts of Ilocos Norte including Laoag. – Rappler.comThe presidency has refuted claims that some sections of the Tax Reform Bills are targeted at impoverishing the northern region of the country. President Bola Tinubu sent the bills to the National Assembly some weeks back but that has been greeted with controversy. Some sections of persons claim the bills are against the northern region and aimed at impoverishing it. However, presidential spokesman Bayo Onanuga says such claims are misleading. “The tax reform bills will not make Lagos or Rivers more affluent and other parts of the country, as recklessly canvassed, poorer,” Onanuga said in a Monday statement. “The bills will not destroy the economy of any section of the country. Instead, they aim to enhance the quality of life for Nigerians, especially the disadvantaged, who are trying to make a living.” According to him, contrary to speculations, no part of the bills is targeted at scrapping some agencies. “Contrary to the lies being peddled, the bills do not suggest that NASENI, TETFUND, and NITDA will cease to exist in 2029 after the passage of the bills. Government agencies, such as NASENI, TETFUND, and NITDA, are funded through budgetary provisions with company income tax and other taxes paid by the same businesses that are being overburdened with the special taxes,” he said. “One reason President Bola Tinubu embarked on the Tax and Fiscal Policy Reforms is the need to streamline tax administration in Nigeria and make the operating environment conducive for businesses. “For decades, businesses, investors, and private sector players in Nigeria have complained of being overburdened by a myriad of taxes and levies, including those earmarked to fund various government agencies and initiatives. “The multiple taxes complicate the economic environment, making Nigeria uncompetitive for investment and preventing many businesses from growing or continuing their operations. Some companies have had to make the rational decision to relocate to other countries. We can not continue on this path or wait for 20 years if this country is to deliver the prosperity we need for our people. “The proposal, as contained in section 59(3) of the Nigeria Tax Bill, only seeks to consolidate some of the earmarked taxes imposed on companies and replace them with a single tax to be shared with the key agencies as beneficiaries in a phased manner until 2030. “The time frame offers ample opportunity for the affected agencies to explore other funding sources in addition to budgetary allocations in line with the constitution and international best practices. “It is a misrepresentation of facts to conclude that changing an agency’s funding source amounts to scrapping it. None of the countries leading globally in education, science, engineering, or information technology have similar earmarked taxes.”Trump taps Rollins as agriculture chief, completing proposed slate of Cabinet secretaries
Playing twice per year for every year since 1961 — with the exception of the 1982 strike-shortened season, when they faced each other just once — the Vikings and Lions have met 126 times. Their 127th meeting will be the biggest one yet. The NFL has announced that, next Sunday night, the 2024 regular season will conclude with the 14-2 Vikings visiting the 14-2 or 13-3 Lions for all the NFC marbles. The winner will be the No. 1 seed. The loser will be the No. 5 seed. Earlier this year, Detroit won in Minnesota, 31-29. After the Vikings failed to convert a third-and-four that would have iced the game, the Lions drove for the game-winning field goal. Even if Detroit loses to the 49ers on Monday night, a victory over the Vikings will forge a 14-3 tie, with the Lions winning the tiebreaker via the head-to-head sweep. The Lions have opened as 2.5-point favorites. It will be the first time in NFL history that two teams with 13 or more wins have met in the regular season. The outcome will give the winner a bye, and home-field advantage if/when there’s a postseason rematch. If that happens, it’ll be the first time the Vikings and Lions have ever met in the postseason. It all gets started next Sunday night in Detroit, at 8:20 p.m. ET on NBC and Peacock.
Finnish police: Simon Ekpa’s offence not bailable
Albany (NY) 93, Tarzans 50
NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — Technology stocks are pulling Wall Street toward another record amid mixed trading on Monday. The S&P 500 rose 0.2% in afternoon trading after closing its best month of the year at an all-time high . The Dow Jones Industrial Average was down 86 points, or 0.2%, with a little more than an hour remaining in trading, while the Nasdaq composite was 0.9% higher. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 31.1% to lead the market. Following accusations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company's board. It also said it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 2.9% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 1.1% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street's frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 3.7% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.6%. Walmart , which gave a more optimistic forecast, rose 0.3%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.3%. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday's headliner report to show U.S. employers accelerated their hiring in November, coming off October's lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Intel CEO Pat Gelsinger posted cryptic Bible verse the day before he was ousted over failed company turnaround READ MORE: Condo owners outraged after being slapped with $21 MILLION fee By TILLY ARMSTRONG ASSISTANT CONSUMER EDITOR FOR DAILYMAIL.COM Published: 16:02 EST, 2 December 2024 | Updated: 17:09 EST, 2 December 2024 e-mail 1 View comments Ousted Intel CEO Pat Gelsinger posted a cryptic Bible verse on social media the day before it was announced he had resigned from the company. Intel announced Gelsinger, who held the top job at the tech giant for almost four years, was stepping down on Monday after a difficult stint at the firm. Posting on X on Sunday, Gelsinger wrote: '"I will give thanks with my whole heart; I will tell of all your wonderful deeds." Psalm 9:1.' Gelsinger, who is a Christian, took over as CEO of the chipmaker in February 2021, and had previously worked at the company for decades - including as chief technology officer. He was tasked with turning the tech company around as it struggled with unprecedented competition from rivals and production delays. As other firms, such as Nvidia, have taken advantage of the AI boom, Intel has fallen back from the cutting edge of semiconductor chip manufacturing. Intel's stock has dropped around 50 percent this year, and the company reported a $16.6 billion quarterly loss in October - the largest in its history. In August, Gelsinger announced the company would lay off 15 percent of its staff as part of an effort to slash $10 billion in costs. Gelsinger's resignation came after a contentious board meeting last week over his perceived failure to respond to Nvidia's competitive edge and a lack of confidence in his turnaround plans, CNBC reported. Intel announced Pat Gelsinger, who held the top job at the tech giant for almost four years, was stepping down on Monday after a difficult stint at the firm In a blog post on Monday morning, Intel announced Gelsinger had stepped down from the board of directors effective Sunday. Two senior executives, David Zinsner and Michelle Johnston Holthaus, were named as interim co-CEOs. In response to Gelsinger's cryptic post on Sunday, users responded with supportive messages. 'Very fitting for the news today... Thanks for your many years of service at Intel, Pat,' wrote one user. 'Why did this particular info come to you today Pat? thanks for sharing, very inspiring,' another commented. It is not the first time Gelsinger has posted Bible verses on his social media - nor during difficult times for the company. He often posts religious messages, but the former CEO received backlash in August when he posted a verse from Proverbs shortly after announcing the mass layoffs. '"Let your eyes look straight ahead; fix your gaze directly before you. Give careful thought to the paths for your feet and be steadfast in all your ways,"' he wrote on X. Some accused him of 'resorting to religion to save the company.' 'Have you even asked yourself how bad it really is?' one user asked. 'It's "Intel CEO is quoting the bible" levels of bad.' Ousted Intel CEO Pat Gelsinger posted a cryptic Bible verse on social media the day before it was announced he had resigned from the company Gelsinger was tasked with turning the tech company around as it struggled with unprecedented competition from rivals and production delays Read More World's largest retailer nixes DEI and LGBT-themed products Intel's blog post on Monday touted Gelsinger's years of service, but did not shy away from the problems the company is facing. Board member Frank Yeary said there was 'much more work to do' and that the company is 'committed to restoring investor confidence.' He added that execs are aiming for a 'leaner, simpler, more agile Intel.' Yeary was a key driver in the ousting of Gelsinger, a person familiar with the matter told CNBC. Intel's struggles have come despite billions of dollars in US government spending to support domestic chip manufacturing. However last week the company announced the $8.5 billion grant the company had been given by the Biden administration in March under the CHIPS Act had been slashed to $7.86 billion. This was due to Intel delaying its timeline for opening and investing in new plants. Intel, which was established in 1968, was once the leader in the world's computer chip market, with Intel chips inside Macs and PC computers. Consumer Finance Share or comment on this article: Intel CEO Pat Gelsinger posted cryptic Bible verse the day before he was ousted over failed company turnaround e-mail Add comment
Luke Kromenhoek throws 3 TD passes as Florida St. ends six-game skid vs. Charleston Southern
TOKYO , Dec. 15, 2024 /PRNewswire/ -- Representatives from China and Japan shared their insights on promoting artificial intelligence (AI) governance and data sharing at a sub-forum of the 20th Beijing-Tokyo Forum in Tokyo recently. The sub-forum contributed eastern wisdom to AI governance and digital social development, demonstrating the significance of international cooperation for the development of the digital economy, according to Gao Shaolin, advisor at Peking University's Legal Artificial Intelligence Research Center. AI governance framework The participants agreed that the next 10 years will be a critical period for the development of AI. Gao Wen, academician of the Chinese Academy of Engineering (CAE), said since China's State Council issued a guideline on developing AI in 2017, the nation has made significant progress in AI research and development and industrial layout, especially in computing power and 5G network construction. By the end of 2023, China had over half of the world's 1.57 billion 5G users, according to the World Internet Development Report 2024. It ranked second globally in AI and computing power scale, which has laid a solid foundation for the rapid development of AI. Tatsuo Yamazaki , project professor at the International University of Health and Welfare, said it was very meaningful for Japan and China to discuss strengthening AI governance rules. Fumihiko Kamio , research director of the Nomura Research Institute, echoed his view. He emphasized that the core goal of AI technology is to improve productivity and eliminate obstacles to social development, and called on Chinese and Japanese experts to work together to build an AI governance framework to cope with the global challenges. Deepening international cooperation China put forth the Global AI Governance Initiative in October last year. In July, the UN General Assembly adopted a China -sponsored resolution on enhancing international cooperation on AI capacity-building. The participants spoke highly of the Global Cross-Border Data Flow Cooperation Initiative recently proposed by China . They agreed that AI governance requires global collaboration, especially in the formulation of international standards and the construction of ethical frameworks, where China and Japan can play an active role. Ding Wenhua, academician of the CAE, said China and Japan have both similarities and differences in technology development and governance priorities, so deepening cooperation will bring unique value to global AI governance. " China and Japan should deepen AI technology cooperation between enterprises, work together in AI security research, talent exchange, and jointly explore more possibilities for the application of technology," Wang Zhongyuan , president of the Beijing Academy of Artificial Intelligence, said. Balancing development & risks AI governance refers to the guardrails established to ensure AI systems and tools remain safe and ethical and respect human rights. Xu Zhilong , editor-in-chief of Science and Technology Daily, stressed that AI, as a revolutionary technology, has far-reaching impacts on all areas of society and economy. However, its potential risks such as data leakage and the spread of false information should not be ignored. "Technological progress and security ethics should be developed in a balanced way to ensure that AI technology always serves the progress of human civilization," Xu said. AI governance should not only heed the current technological ethics issues, but also prevent possible long-term risks, such as AI going out of human control, according to Toshio Iwamoto , senior corporate advisor of NTT DATA. He said AI R&D and application should abide by the principles of fairness, transparency, safety and availability. Yuan Yue, chairman of Beijing Dataway Horizon, shared his view from the perspective of regulatory models. "Policy choices should be based on the current status and goals of national technological development," Yuan said, adding that China prefers to provide a more friendly development environment for enterprises while ensuring an effective response to risks. View original content to download multimedia: https://www.prnewswire.com/news-releases/science-and-technology-daily-promoting-ai-governance-jointly-302332050.html SOURCE Science and Technology DailyNEW YORK , Dec. 2, 2024 /PRNewswire/ -- Royce Global Trust, Inc. (NYSE-RGT) (the "Fund") has declared a year-end distribution of $0.47 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 23, 2024 to stockholders of record at the close of business on December 12, 2024 (ex-dividend on December 12 , 2024). The price of shares issued for reinvestment will be determined on December 19 , 2024. The Fund's estimated sources of the distribution to be paid on December 23, 2024 are as follows: Estimated Allocations as of November 30, 2024 FUND DISTRIBUTION PER SHARE NET INVESTMENT INCOME NET REALIZED SHORT-TERM GAINS NET REALIZED LONG-TERM GAINS RETURN OF CAPITAL RGT $0.47 $0.4289 (91 %) $0.0411 (9 %) $0.00 (0 %) $0.00 (0 %) You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. About Royce Global Trust, Inc. Royce Global Trust, Inc. is a closed-end diversified management investment company whose shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to $10 billion ). For further information on The Royce FundsSM, please visit our web site at: www.royceinvest.com . View original content: https://www.prnewswire.com/news-releases/royce-global-trust-inc-nyse-rgt-declares-year-end-common-stock-distribution-of-0-47-per-share-302320057.html SOURCE Royce Global Value Trust, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Published 5:39 pm Monday, December 2, 2024 By Data Skrive Here’s a peek at the injury report for the Houston Rockets (15-6), which currently has zero players listed, as the Rockets prepare for their matchup against the Sacramento Kings (9-12, three injured players) at Golden 1 Center on Tuesday, December 3 at 10:00 PM ET. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up for a free trial. Get the latest news sent to your inbox The Rockets came out on top in their most recent matchup 119-116 against the Thunder on Sunday. In the win, Fred VanVleet led the Rockets with 38 points. The Kings’ most recent outing was a 127-125 loss to the Spurs on Sunday. DeMar DeRozan scored a team-leading 28 points for the Kings in the loss. Sign up for NBA League Pass to get live and on-demand access to NBA games. Get tickets for any NBA game this season at StubHub. Catch NBA action all season long on Fubo. Bet on this or any NBA matchup at BetMGM. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .Silvia Pinal is dead. Per Variety , the star of Luis Buñuel’s Viridana and The Exterminating Angel , known as the Golden Age of Mexican Cinema’s “last diva,” died on November 28. She was 93. “Your absence will hurt me forever, but every memory of you will give me the strength to move forward, and as long as you live in my heart, I will always be able to feel that you are still with me,” Pinal’s official Instagram posted . “I will love you forever, mom.” Pinal is perhaps best known to American audiences through her collaborations with director Luis Buñuel. She starred in 1961’s Viridiana , 1962’s The Exterminating Angel , and the 1965 short Simon Of The Desert . The controversial Palm D’or winner, Viridiana sees Pinal plays an aspiring nun who is raped before her final vows and excommunicated from the convent. The film was banned in Spain and denounced by the Catholic Church, but it is now considered one of the best Spanish films ever made . Buñuel and Pinal reteamed for the class satire The Exterminating Angel , one of the director’s most enduring and influential films, with its presence felt in horror and reality TV. “A friend of mine made a clever point: Buñuel invented reality shows with The Exterminating Angel ,” Pinal told Criterion . “What is The Exterminating Angel if not a reality show about people who can’t leave the room?” Born on September 12, 1931, in Guaymas, Sonora, Silvia Pinal Hidalgo began studying acting at the Nacional de las Bellas Artes at 14. After making her debut as an extra in a production of A Midsummer Night’s Dream , she began acting in soaps on the Mexican radio station XEQ. In 1949, Pinal made her screen acting debut in El Pecado De Laura and appeared in three more movies that year, including Bamba and La Mujer Que Yo Perdí . By 1952, she had won an Ariel Award, the Mexican film industry’s Oscars, for Best Supporting Actress in A Place Closer To Heaven . Before the decade ended, she would win three more Ariels for Best Actress for Un Extraño En El Escalera , Locura Pasional , and La Dulce Enemiga . The Ariel Awards presented her with a Special Golden Ariel in 2008. Despite having over 100 screen credits, Pinal only appeared in Hollywood once, opposite Burt Reynolds in Samuel Fuller’s Shark . Aside from being considered a pioneer of musical theater in Mexico , she became a political figure as the wife of Governor Tulio Gómez, her fourth and final husband, serving as First Lady for much of the ’80s. In 1991, as a member of the Industrial Revolutionary Party, she was elected to the Chamber of Duties in Mexico City. Between 1997 and 2000, she served as a senator. Pinal is survived by her two daughters and her son. Her third daughter, Viridiana, died in a car accident in 1982.
James, Quigley and Hayes combine for 59 points as No. 20 NC State women beat Coastal Carolina 89-68