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CEO Shooting ‘Person of Interest’ Ripped Insurance Industry in Manifesto: ReportsNovember sees high box office turnout as people are returning to cinemasFARMERS once accused me of being a dirty socialist hellbent on crushing their way of life. It was 2002 and a 300,000-strong Tweed Army had hit the capital in their tax-deductible Range Rovers for a Liberty and Livelihood march to scream persecution over Labour’s plans to outlaw hunting. Three Prince Harry clones cornered me and demanded to know which newspaper I was from. And when they learnt it was the Mirror, they called me a Berkeley Hunt and accused me of being part of a class war against their noble stock. I told them I didn’t see anything classy about ripping apart foxes for fun and got orf their land sharpish. They were back in London this week, once again playing the class war card after Labour decided the richest farmers must do what the rest of us do, and be liable for inheritance tax . But this isn’t a war, just a much-needed battle to rebuild a country whose public services have been firebombed by a party which only ever looks after its own class. Which is why it was nauseating to see the Tory shadow cabinet take centre stage at this week’s protest, playing the role of the farmers’ friend – despite their Brexit (which the majority of farmers voted for) slashing subsidies and leading to zero-tariff trade deals which will allow foreign meat to flood our markets. It was almost as nauseating as arch-Brexiter Nigel Farage in full country squire gear, attacking the “elites”, and his fellow multi-millionaire Jeremy Clarkson , who bought up farmland to “shoot” and “so the government does not get any of my money when I die” moulding himself as modern-day peasants’ revolt leader Wat Tyler. Isn’t it funny that when train drivers protest, right-wingers label them militant scum, but when farmers do the same, they are victims. Isn’t it strange that when French farmers block roads hampering Brits heading to their summer gites, they are blackmailing thugs – but when British ones block central London streets, they are heroes? Well, here’s a few more questions for those heroic victims, a small number of whom might have to cough up half the tax the rest of us do (with a decade to pay it) if they leave an estate that is worth more than £3million. How can you claim that the main beneficiaries of the current system aren’t a rich cabal, when between 2018 and 2020, nearly £600million in inheritance tax relief went to 200 estates with an average value of £6million? Aren’t the 100,000 pensioners forced into poverty by the removal of the winter fuel allowance even bigger victims in the battle to rebuild our shattered public services? What about the hundreds of thousands of taxpayers advised to bung extra cash into pensions, as they were inheritance tax free, and are now liable to lose 40% of it? How about people who run care homes or pubs hit with burdensome employee NI rises? Or parents paying VAT on private schools? Or young people with mental health issues forced to take up work or training or lose benefits? The thing about tax is that it’s human nature to think someone else should pay it. But this country has been left in such a state by the party most of the wealthiest farmers support, that we’ve all got to cough up. Surely if any group can understand that we reap what we sow, it’s farmers.
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Mozambique's highest court confirmed Monday the ruling party's victory in a disputed October vote after allegations of rigging triggered weeks of deadly street clashes. Fears are high in the country and abroad that more violence could break out in the southern African nation after the opposition threatened to call an uprising following the decision. The United States called for calm after the Constitutional Court said the ruling Frelimo party presidential candidate Daniel Chapo secured 65 percent of the vote, revising down provisional results from the electoral commission which said he got nearly 71 percent. Chapo's main challenger, exiled opposition leader Venancio Mondlane, received an upward revision to 24.2 percent of the vote. The final results extend Frelimo's half-century grip on power and lines up Chapo to take over from President Filipe Nyusi whose second term ends on January 15. Mondlane has said that the election was rigged in favour of Frelimo and that a separate count shows he won enough votes to take office, which he intends to do. Several international observer missions have also said there were irregularities. In Washington, US State Department spokesman Matthew Miller said there was "a lack of transparency" about the results and urged all parties to "refrain from violence and engage in meaningful collaboration to restore peace and foster unity". In his first speech after being declared winner, Chapo struck a conciliatory tone, promising to reach out to Mondlane, who has been in a self-imposed exile. "For our development we will continue to talk to everyone," said Chapo, a former provincial governor with no experience in national government. Mondlane has been in exile since the assassination of his lawyer on October 19, a killing he blames on security forces, and it was unclear if he intended to return. In address on social media after the court announced the result, the 50-year-old said that he would continue his fight for the "electoral truth". "The Mozambican people demand that we remain firm, that we don't stop our struggle and that we remain united and strong," said Mondlane, who appeals to disenchanted younger voters in a country of 33 million people marked by poverty despite its abundant resources. Before the announcement, he vowed to bring the country to a "new popular uprising at a level never seen before", should the council endorse Frelimo as winner. Maputo was tense ahead of the announcement, with main roads deserted and the metal curtains of stores lowered. Protesters set fire to tyres early in the evening but dispersed after a heavy rainfall. Mozambique has been rocked by unrest since the election commission said that the October 9 vote was won by Chapo. At least 130 people have been killed in two months of violence, most of them opposition demonstrators shot by security forces, according to local NGOs. Cities, mines, borders and ports have been affected by protest action and operations at the main border with South Africa halted, causing its neighbour major losses in exports. The US government on Thursday raised its warning level against travel to Mozambique before the council's announcement. Pope Francis called Sunday for dialogue and goodwill to "prevail over mistrust and discord" in Mozambique. The protests have been the "most dangerous" ever seen in Mozambique, said analyst Borges Nhamirre, continuing despite deaths and arrests, and intensifying with police stations and Frelimo offices torched. "I'm convinced that if Monday the Constitutional Council declares the election as free and fair, which I am 100 percent convinced it will, then the blood is going to flow," Maputo-based political and security risk analyst Johann Smith told AFP. "The whole game changes on Monday," said Smith. "It will be a lot more intense and bloody." Mondlane had awakened resentment against Frelimo, he said, similar to discontent that this year led to the party that governed Botswana since independence being voted out and threatening to do the same in Namibia. "It's almost like the Southern African Spring," Smith said, in a reference to the Arab anti-government protests in North Africa in the early 2010s. bur-ho/br/phzDeWayne Carter jumped right back into the defensive line rotation for the Buffalo Bills on Sunday. The rookie third-round draft choice played 24 snaps during the team’s 44-42 loss to the Los Angeles Rams at SoFi Stadium. That was 31% of the defensive total. Carter made his return to the lineup after missing five games with a wrist injury suffered in Week 7 against Tennessee. Position grades: Bills' defense sinks in third-down ranking after loss to Rams He did not register any statistics in his return to the lineup. Here are four more takeaways from the Bills’ snap counts in their Week 14 loss. 1. Lewis Cine played special teams in his Bills debut. Called up from the practice squad Saturday, Cine played 16 snaps on special teams against the Rams, which was 48% of the team total. 2. Dawson Knox was busy. Down Dalton Kincaid and Quintin Morris at the position, Knox played 49 snaps, which was 82% of the team total. That was the highest amount for any player on offense, with the exception of quarterback Josh Allen and the starting offensive line. Knox had one catch for 5 yards. Bills linebacker Matt Milano attempts to make a tackle on Rams receiver Puka Nacua during Sunday's game. 3. Matt Milano played a healthy amount again. In his second game back from injury, Milano played 65 defensive snaps, which was 84% of the team total. Milano finished with three tackles, including one for a loss. Upon Further Review: With 14 targets against the Rams, it's clear Amari Cooper has Josh Allen's trust “I thought there were some flashes from Matt,” head coach Sean McDermott said. “He’s getting his legs back underneath him.” 4. Ray Davis never touched the ball. The rookie running back played 13 offensive snaps (22%), but did not receive a carry and was not targeted in the passing game. Obviously. The Bills’ quarterback became the first player in NFL history to ever record three rushing and three passing touchdowns in the same regular-season game. It’s hard to believe that perhaps the best two games Allen has ever played – the “13 seconds” postseason game against the Chiefs and this one – both resulted in losses. He deserved so much better Sunday. Three questions: Run defense looms as recurring worry for Bills “I hate losing. If you lose by two, you lose by 100, it doesn't matter, you're still losing. Offensively, we've got to find ways to score before the half and score after the half, so didn't do our part, either. Just trying to go out there and execute the play call to the best of our ability, and we didn't do that well enough tonight. I don't know the stats. I don't know how well we were on third down or completion percentage. I don't know any of that. I just know it wasn't good enough to win a football game.” – Allen, who shouldered way more blame for the loss than he needed to, which is what a true leader does. The record of teams to score at least six touchdowns and not turn the ball over in the Super Bowl era (dating back to 1970) before the Bills became the first team to lose such a game. Get local news delivered to your inbox!
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Guideline Announces Vincent Mifsud as CEOCinemas are making a major comeback. Recent box office numbers in North America show several new films with strong attendance numbers. This speaks to a bigger trend: that more and more people are getting out of the house and going to the movie theatre. “We just saw Moana, so we thought, why not experience Moana 2 on the big screen. It’s the holidays for us, so we’re actually visiting from Toronto. We thought it would be a cool thing to do today,” the Nestor family told CityNews Winnipeg. According to late box office numbers, it appears many other families like the Nestors are following suit. In North America, Gladiator 2 grossed over $111 million since premiering on Nov. 22, only to be outdone by Wicked, which grossed over $263 million in the same span. Then, there’s Moana 2, which grossed a whopping $225 million in just its first weekend. “When the content is there, we really see an influx of our guests coming into the movie theatres,” said Ellis Jacob, CEO of Cineplex. “And even when I personally went to see Wicked, I ended up with a bunch of lousy seats because the theatre was sold out. But I was happy to do that and see all of the guests enjoying the movie experience.” This return to the cinemas is a trend that’s been on the upswing for years. After pandemic shutdowns, according to IMDB, the yearly box office numbers were just over $4.4 billion in North America in 2021. That number in 2024 is over $7.6 billion, so far. For Ryan Lawrence and his four-year-old daughter, it’s the entire movie theatre experience that’s getting them back out to the cinema. “The sound, the games, the food, the popcorn smell that you get when you walk in the door. And yeah, she was born right during COVID, so it’s a new experience for her at four years old, and she loves it. My kids all talk about coming to the movie theatres all the time. So, popcorn is the biggest one I think,” said Lawrence.
( ) stock soared over 13% after quarterly earnings were announced after the close Monday. But ? Sales grew 29% to $94.3 million while the company reported a loss of 6 cents per share. Analysts expected $91 million in sales with a loss of 16 cents per share vs. a year-ago loss of 13 cents. Shares of C3.ai got a lift early November after election results triggered the Trump rally. The stock climbed to the 33.11 of a cup pattern and is now extended from a that went as high as 34.77. AI stock rose 2% Wednesday after earnings reports from software titan ( ) late Tuesday showed that the Dow Jones member , called Agentforce. Microsoft Partnership On Nov. 19, the announced that ( ) will extend its partnership and provide cloud computing services through Azure to the artificial intelligence company. AI stock soared 24.2%, it best day since May 30, 2023, when it rocketed 33.4%, according to Dow Jones Market Data. Microsoft and C3.ai entered into a partnership in 2018 to provide enterprise AI services to several companies. The enterprise software company has not been idle on the technology front, either. In late October, C3.ai won a patent for its AI Agent technology. Compared to copilots that assist and answer queries, AI agents can act and perform tasks on their own. July-quarter sales grew 21% to $87.2 million, above analyst estimates for $86.9 million, and well ahead of the company's own forecast for $82.5 million at the midpoint. C3.ai reported a loss of 5 cents per share, better than views for a 13-cent loss. Shares undercut the in July and fell further after fiscal first quarter results were announced Sept. 4. A rally in October helped the stock clear its and . However, shows that stock has not been able to sustain its rallies and has undercut several bases since February 2023. Relative Strength Improves For C3.ai Stock C3.ai has a of 93, a sharp increase from 49 four weeks ago. November's rally helped the stock outperform the S&P 500. The stock soared 51%, well above the S&P 500's 6% gain. Shift In Pricing Model Industry trends have worked in C3.ai's favor as well. The stock skyrocketed Feb. 1, when users successfully tapped OpenAI's ChatGPT artificial intelligence app to generate answers, texts, emails and even write books. The ChatGPT app reached 100 million monthly active users in two months, beating popular apps like TikTok and Instagram. OpenAI's app uses natural language to help users write emails, write code and find answers to daily questions. There are other considerations. In December 2022, C3.ai changed its pricing model from subscription to consumption-based pricing. The move brought the company in line with industry standards for software-as-a-service providers. The practice is common across 's ( ) Amazon Web Services, 's ( ) Google Cloud and Microsoft's Azure, as well as smaller players. Consumption pricing works like a utility bill. That is, the higher the consumption, the pricier the service. Since AI customers will benefit from having access to an AI enterprise platform with unlimited use and developer licenses, the switch to consumption pricing could drive revenue growth, but not immediately. C3.ai CEO Thomas Siebel has indicated the consumption-pricing model will also lower barriers to entry because companies do not have to be tied to long contracts. Is C3.ai Stock A Buy Now? Redwood City, Calif.-based C3.ai makes software applications equipped with artificial intelligence that can be configured for different purposes. The software can make networks more reliable by detecting fraud, balancing inventory and demand, solving supply-chain issues and increasing energy efficiency. It can also help defend against money laundering. The enterprise software stock popped on its first day of trading, Dec. 9, 2020. Shares leaped from their initial public offering price of 42 to finish at 92.49 that day. The stock is prone to drastic swings. On Nov. 20, 2023, C3.ai stock jumped more than 5% but reversed lower to close with a 4.3% loss when Sam Altman was ousted as chief executive from another artificial intelligence specialist, OpenAI. Altman quickly returned to OpenAI, but the news apparently triggered speculative trading as the market continued to search for leaders in the space. he lags at 40 due to the company's losses. Because shares are extended from the latest entry, the stock is not a buy now. To find the best stocks, check out and
Shares of Navitas Semiconductor Corporation ( NVTS 21.77% ) rocketed as much as 24.6% on Monday before settling into a 20.4% gain as of 2 p.m. EST. There wasn't any company-specific news out of Navitas today, but there was news on the geopolitical front relating to semiconductors. Apparently, Navitas investors took the developments positively. The Biden administration takes steps to protect American chip companies On Monday, the Biden administration launched an investigation into the practices of Chinese semiconductor companies in critical industries. The chips in question are mostly trailing-edge chips based on silicon carbide (SiC) and gallium nitride (GaN) materials. While these are "less advanced" than, say, AI chips, these types of semiconductors are increasingly going into critical systems in auto, industrial, medical devices, telecommunications, defense, and other critical applications. These trailing-edge chips based on SiC or GaN materials are exactly the kinds of chips that Navitas produces. So Navitas rallied along with other semiconductor stocks in the trailing-edge space on the news. However, most chips companies in the space didn't rally nearly as hard as Navitas. This is likely because Navitas is a smaller company with higher risks than the larger players in the space and is down much more on the year. The stock has been hammered, down over 50% in 2024, as industrial and auto semiconductor markets have been mired in a severe downturn. The short interest in Navitas was also a very high 18.8% at the end of November, perhaps fueling a bit of a short squeeze today. Should you bet on a turnaround? Despite the gains today, Navitas remains a risky bet. The company has never been profitable, and it will probably remain subject to big swings based on elements like interest rates and geopolitics that are not within its control. In addition, Navitas sells products to Chinese device makers, so it could actually be hurt if China were to retaliate against U.S. chip companies. While Navitas stock could very well rip higher with a definitive turnaround in the industrial, auto, and mobile chip sectors, there are several less risky ways to play that scenario .For the first time since the Taliban takeover in 2021, a delegation from Afghanistan has been invited to the United Nations signature climate conference: the 29th Conference of Parties (COP). Following U.N. protocol, this year's host nation — Azerbaijan — issued the invite. It's not a full-blown invitation. Because the U.N. does not recognize the Taliban as the official government of Afghanistan due to its repressive policies, the Afghan delegates — members of the National Environmental Protection Agency (NEPA — cannot participate in decision-making events. Nonetheless, the Taliban has said it is eager to participate. "The Afghan delegation will discuss strengthening international cooperation in the field of environmental protection and climate change," stated a Taliban press release prior to the U.N. event. Afghan climate scientists and activists, even those critical of the Taliban, welcome this development. "I consider it a very important move because it paves the path to the negotiation with climate change funds, which halted their [Afghan] projects in the past three years," says Assem Mayar, a water resources expert and former lecturer at Kabul Polytechnic University. "Afghanistan is not officially in the agenda, but having NEPA delegates as observers makes a difference," says Abdulhadi Achakzai, a climate activist with a Kabul-based environmental nonprofit who participated in the summit as an observer. "Their participation initiates a trust-building effort between international stakeholders," he says, which is imperative if the world "is committed to combating the climate crisis." A hard-hit country Afghanistan is among the countries worst impacted by climate change, according to the U.N .; droughts and extreme temperatures have displaced hundreds of thousands of people in recent years. In 2019, Afghanistan was ranked sixth among countries most affected by climate impacts on the Global Climate Risk Index . And it is among the least prepared to cope with the crisis according to the Notre Dame Global Adaptation Index. And funding from international groups has been largely halted — part of the sanctions levied to protest Taliban policies that restrict human rights and women's rights. Since the Taliban takeover, Mayar said climate adaptation projects worth $826 million have been suspended, reducing the capacity of Afghans to respond to increasing climate disasters, including irrigation projects and renewable energy. Meanwhile, climate shocks have continued to batter Afghans. The country is currently experiencing its third consecutive drought in three years, punctuated by periods of deadly flash floods . According to U.N. data, about 120,000 people were affected by flash flooding and mudslides across the country so far this year. More specifically, extreme weather — including droughts, extreme temperature, floods, landslides, avalanches and storms— displaced at least 38,000 people in the first half of this year. Save The Children reports about half of those were children. "Mass migration is, in fact, one major concern and consequence of climate shocks," says Najibullah Sadid, an Afghan climate researcher from the University of Stuttgart. "People will abandon their land and even the country in search of livelihood." The poppy problem Severe droughts can also disrupt agriculture, which is the primary occupation in Afghanistan, driving farmers to turn to drought-resistant poppy cultivation instead of food crops. Poppy crops fetch higher prices, and so despite the Taliban's ban, Afghanistan has been among the leading producers. Sadid says he worries if more fields are dedicated to growing poppies instead of food crops, the food shortage will only worsen. The majority of the country already lives in poverty. And as climate change is expected to bring increasingly frequent and severe disasters, many Afghans face serious risk. Achakzai hopes to communicate the urgency of the crisis to stakeholders at the COP summit, which ends on Friday. Climate activists from Afghanistan organized a side event on Wednesday, where Afghan scientists and civilians spoke about the climate stresses facing Afghans. Various international agencies attended, says Achakzai, who observed some positive changes in international stakeholders' attitudes towards Afghanistan. "We hope the participants were [persuaded into] thinking that they can work with the Taliban to fight against the climate change crisis," he says. Running out of water Extreme drought has exacerbated the challenge of finding drinking water in many communities, Achakza says. "Underground water tables, which most Afghans rely on, are drying faster than they can be replenished." In a survey in Kabul conducted by Achakzai's organization, Environmental Protection, Training and Development Organization, researchers found that many communities were digging deeper wells to access groundwater — the primary source of water in the Afghan capital. Additionally, the study found that many people had migrated to Kabul, abandoning their land and agriculture due to lack of water. But in the city, they find that water isn't exactly plentiful. An October 2022 feasibility report from the Afghan Ministry of Water and Energy confirmed that the current underground water levels only meet about 40% of the city's expanding needs. As a result, families, especially children, spend considerable time and effort to procure water, "often having to walk for miles everyday, only to find water in contaminated sources or buy them from private tankers," Achakzai says. The next year is predicted to be drier than average, Mayar says, "and will result in more droughts in the country." A USAID-funded global network called the Famine Early Warning Systems confirmed this prediction with below average precipitation expected in coming months. What next for Afghanistan? With these predictions of prolonged droughts, Achakzai says it's imperative that the international community work to engage the current Afghan government to mitigate the impact of climate change. Mayar agrees it's critical for the world to find a way to work with or around the Taliban because the loss of international aid has been devastating. The U.S., for instance, reduced its financial support to humanitarian projects in the country from from $1.26 billion in 2022 to $377 million in 2023. What's more, many countries limit aid that can be sent to Afghanistan to only humanitarian needs and won't fund development projects. Mayar says developing a decentralized system that doesn't require Taliban involvement or approval to deliver aid could help support much-needed projects in the country. " I propose the accreditation of [Afghan] national NGOs [by international climate fund donors] to receive and implement projects within communities," he says. "In a scenario where the government isn't recognized, such a mechanism could be very helpful in ensuring climate finances reach those affected." The alternative — isolating Afghanistan from climate action — is grim, says these Mayar. "If we fail to facilitate a mechanism to help these communities, not only will the Afghan civilians bear the heaviest cost of climate change, but the impact of it will be felt across its borders." Sadid agrees. "If the world is sincere with Afghans, they will find a way to deliver climate funds to Afghanistan, as they found ways to deliver emergency aid in the last three years," he said, adding that "ignoring Afghanistan's climate crisis could prove expensive to the world." Ruchi Kumar is a journalist who reports on conflict, politics, development and culture in India and Afghanistan. She tweets at @RuchiKumarRuchi Kumar is a journalist who reports on conflict, politics, development and culture in India and Afghanistan. She tweets at @RuchiKumar