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Wall Street stocks were little changed on Thursday while Asian equities rose in thin Boxing Day trade, extending their "Santa Claus Rally" with several bourses still shut for the holiday. Japan's Nikkei index closed up 1.1 percent, boosted by comments from the Bank of Japan governor and share price gains for top-selling automaker Toyota. China's plans for massive bond issuances in 2025 also bolstered investor sentiment. "Even though many in the region are still shaking off a bit of a holiday hangover, with several markets closed for Boxing Day, Asian stocks opened higher, riding a favorable wave from China's financial bond juggernaut," said Stephen Innes from SPI Asset Management. In New York, major indices veered in and out of positive territory in a sleepy post-Christmas session. The broad-based S&P 500 finished down less than 0.1 percent. Large technology companies that have led the market in much of 2024 mostly took a breather. These included Netflix, Tesla and Amazon, all of which declined. "What's interesting today is that we're seeing small stocks bounce back a little bit," said Steve Sosnick of Interactive Brokers, noting that the Russell 2000 index put on 0.9 percent. Holiday consumer data showed a 3.8-percent increase in US retail spending from November 1 to December 24, according to a Mastercard SpendingPulse review of a key period for retailers. London Stockton, an analyst at Ned Davis Research, noted that the "Santa Claus rally could still be alive, with strong seasonality into the end of the year." Stock markets have traditionally fared well in the last five trading days of the year and the first two in the new year, a trend known as the "Santa Claus rally." Among a number of possible reasons advanced by experts include the festive holiday mood and purchasing ahead of the end of the tax year. Innes said remarks from Bank of Japan governor Kazuo Ueda in which he refrained from signaling a potential interest rate hike next month also "influenced bullish regional sentiments." Japanese market heavyweight Toyota ended nearly six percent higher after reports in the Nikkei business daily said it aimed to double its return on equity -- a key measure of a company's financial performance. New York - Dow: UP 0.1 percent at 43,325.80 (close) New York - S&P 500: DOWN less than 0.1 percent at 6,037.59 (close) New York - Nasdaq: DOWN 0.1 percent at 20,020.36 (close) Tokyo - Nikkei 225: UP 1.1 percent at 39,568.06 points (close) Hang Seng: UP 1.1 percent at 20,098.29 points (Tuesday close) Shanghai - Composite: UP 0.1 percent at 3,398.08 points (close) Euro/dollar: UP at $1.0424 from $1.0414 on Tuesday Pound/dollar: DOWN at $1.2526 from $1.2538 Dollar/yen: UP at 158.00 yen from 157.06 yen Euro/pound: UP at 83.19 pence from 83.05 pence West Texas Intermediate: DOWN 0.7 percent at $69.62 per barrel Brent North Sea Crude: DOWN 0.4 percent at $73.26 per barrel bur-jmb/ahaJack Smith's team preparing now for Trump retribution extending even to spouses: report
DENVER — Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-year-old girl that they are not pursuing. JonBenet Ramsey, who competed in beauty pageants, was found dead in the basement of her family’s home in the college town of Boulder the day after Christmas in 1996. Her body was found several hours after her mother called 911 to say her daughter was missing and a ransom note had been left behind. The details of the crime and video footage of JonBenet competing in pageants propelled the case into one of the highest-profile mysteries in the United States. The police comments came as part of their annual update on the investigation, a month before the 28th anniversary of JonBenet’s killing. Police said they released it a little earlier due to the increased attention on the case, apparently referring to the three-part Netflix series “Cold Case: Who Killed JonBenet Ramsey.” In a video statement, Boulder Police Chief Steve Redfearn said the department welcomes news coverage and documentaries about the killing of JonBenet, who would have been 34 this year, as a way to generate possible new leads. He said the department is committed to solving the case but needs to be careful about what it shares about the investigation to protect a possible future prosecution. “What I can tell you though, is we have thoroughly investigated multiple people as suspects throughout the years and we continue to be open-minded about what occurred as we investigate the tips that come into detectives," he said. The Netflix documentary focuses on the mistakes made by police and the “media circus” surrounding the case. JonBenet was bludgeoned and strangled. Her death was ruled a homicide, but nobody was ever prosecuted. Police were widely criticized for mishandling the early investigation into her death amid speculation that her family was responsible. However, a prosecutor cleared her parents, John and Patsy Ramsey, and brother Burke in 2008 based on new DNA evidence from JonBenet's clothing that pointed to the involvement of an “unexplained third party” in her slaying. The announcement by former district attorney Mary Lacy came two years after Patsy Ramsey died of cancer. Lacy called the Ramseys “victims of this crime.” John Ramsey has continued to speak out for the case to be solved. In 2022, he supported an online petition asking Colorado’s governor to intervene in the investigation by putting an outside agency in charge of DNA testing in the case. In the Netflix documentary, he said he has been advocating for several items that have not been prepared for DNA testing to be tested and for other items to be retested. He said the results should be put through a genealogy database. In recent years, investigators have identified suspects in unsolved cases by comparing DNA profiles from crime scenes and to DNA testing results shared online by people researching their family trees. In 2021, police said in their annual update that DNA hadn’t been ruled out to help solve the case, and in 2022 noted that some evidence could be “consumed” if DNA testing is done on it. Last year, police said they convened a panel of outside experts to review the investigation to give recommendations and determine if updated technologies or forensic testing might produce new leads. In the latest update, Redfearn said that review had ended but that police continue to work through and evaluate a “lengthy list of recommendations” from the panel.Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death
How CU, CSU football ticket prices compare for Senior Day | Sports Business Insider
Palantir Technologies Inc PLTR can thank Elon Musk for its 275% year-to-date gain, according to Jim Cramer . What To Know: Palantir, which rallied nearly 50% over just the past month, maybe the only stock outshining Nvidia Corp NVDA this year, Cramer said Tuesday on CNBC’s “Squawk On The Street.” While both companies have recorded significant gains in 2024 driven by their positioning in the AI space, Cramer credits Musk for driving the recent momentum in Palantir shares. “Palantir is up a lot because I believe Musk is going to turn to them and say, ‘The Defense Department, it’s yours ... get rid of all those people,'” Cramer said. President-elect Donald Trump recently announced plans to nominate Musk and Vivek Ramaswamy to a new Department of Government Efficiency (DOGE) in an effort to curtail government spending. Cramer suggested that DOGE could turn to Palantir for help cutting defense budget spending. He noted that most people don’t realize that some government departments could be cut back substantially. The Tesla CEO could look to Palantir to modernize the Defense Department and reduce reliance on outdated methods of warfare. Palantir is adamant about creating systems that don’t put people in harm’s way, but the Defense Department is stuck in its ways, Cramer said. See Also: Musk, Ramaswamy Should Target TransDigm In Budget Cuts, Short Report Says: ‘Target #1’ For D.O.G.E. Why It Matters : Cramer’s take underscores how influential Musk is expected to be under the incoming Trump administration. It’s worth noting that DOGE wouldn’t actually be able to cut federal spending since it isn’t a real government department, and would need to be created with congressional approval. And Congress authorizes all federal spending, including to the Defense Department. “They like big things. Big expensive programs. Alex [Karp] is not like that,” Cramer said, referring to Palantir’s CEO. “Palantir has the next generation of how we’re going to do cyber warfare and the idea of just hardware, hardware, hardware that is constantly over budget is the kind of thing that I think Musk is really after.” Palantir shares ripped higher at the beginning of November after the company reported strong quarterly results driven by “unrelenting” AI demand. Revenue jumped 30% year-over-year and customer count climbed 39% on continued strength in the U.S. “The growth of our business is accelerating, and our financial performance is exceeding expectations as we meet an unwavering demand for the most advanced artificial intelligence technologies from our U.S. government and commercial customers," Karp said earlier this month. Price Action: Palantir shares were up 0.31% at $64.85 at the time of publication, according to Benzinga Pro . Read Next: Jim Cramer’s Apple Endorsement Sparks ‘Inverse Cramer’ Backlash As Social Media Users Mock His ‘Own It’ Advice Photo: Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Customers Bank Named to Inc.’s 2024 Best in Business List in Financial Services Category
Things to watch this week in the Big 12 Conference: No. 14 BYU (9-1, 6-1 Big 12, No. 14 CFP) at No. 21 Arizona State (8-2, 5-2, No. 21), Saturday, 3:30 p.m. ET (ESPN) League newcomer Arizona State has a three-game winning streak and BYU is coming off its first loss. The Cougars, after losing at home to Kansas, still control their own destiny in making the Big 12 championship game. They can clinch a spot in that Dec. 7 game as early as Saturday, if they win and instate rival Utah wins at home against No. 22 Iowa State. Arizona State was picked at the bottom of the 16-team league in the preseason media poll, but already has a five-win improvement in coach Kenny Dillingham's second season. No. 16 Colorado (8-2, 6-1, No. 16 CFP) at Kansas (4-6, 3-4), Saturday, 3:30 p.m. ET (Fox) Coach Deion Sanders and the Buffaloes are in prime position to make the Big 12 title game in their return to the league after 13 seasons in the Pac-12. If BYU and Utah win, Colorado would be able to claim the other title game spot with a win over Kansas. The Buffs have a four-game winning streak. The Jayhawks need another November win over a ranked Big 12 contender while trying to get bowl eligible for the third season in a row. Kansas has won consecutive games over Top 25 teams for the first time in school history, knocking off Iowa State before BYU. Iowa State quarterback Rocco Becht has thrown a touchdown in a school-record 14 consecutive games, while receivers Jayden Higgins and Jaylin Noel both have more than 800 yards receiving. San Jose State is the only other FBS team with a pair of 800-yard receivers. Becht has 2,628 yards and 17 touchdowns passing for the Cyclones (8-2, 5-2), who are still in Big 12 contention. Oklahoma State goes into its home finale against Texas Tech with a seven-game losing streak, its longest since a nine-game skid from 1977-78. The only longer winless streak since was an 0-10-1 season in 1991. This is Mike Gundy's 20th season as head coach, and his longest losing streak before now was five in a row in 2005, his first season and the last time the Cowboys didn't make a bowl game. ... Baylor plays at Houston for the first time since 1995, the final Southwest Conference season. The Cougars won last year in the only meeting since to even the series 14-14-1. ... Eight Big 12 teams are bowl eligible. As many as six more teams could reach six wins. The Big 12 already has four 1,000-yard rushers, including three who did it last season. UCF's RJ Harvey is the league's top rusher (1,328 yards) and top scorer with 21 touchdowns (19 rushing/two receiving). The others with consecutive 1,000-yard seasons are Texas Tech career rushing leader Tahj Brooks (1,184 yards) and Kansas State's DJ Giddens (1,128 yards). Cam Skattebo with league newcomer Arizona State has 1,074 yards. Devin Neal, the career rushing leader at his hometown university, is 74 yards shy of being the first Kansas player with three 1,000-yard seasons. Cincinnati's Corey Kiner needs 97 yards to reach 1,000 again. Get local news delivered to your inbox!A Nov. 14 Instagram post ( , ) uses a meme with an image of former President Jimmy Carter to claim U.S. educational achievement has plummeted. “In 1979 I created the Department of Education,” reads on-screen text in the image. “Since then America went from 1st to 24th in education.” X owner Elon Musk made the same claim in a on X, formerly Twitter, that was reposted 98,000 times. The claim also circulated widely on . How we pick and research claims | | There is no evidence to support the claim. While multiple studies have compared U.S. students to their peers in other countries, none show they ranked first in 1979, nor do any say they ranked 24th in 2024. There isn’t a definitive way to rank a country’s education quality, but multiple studies show results contrary to the trend claimed in the post. , a professor at Stanford’s Graduate School of Education, told USA TODAY that the claim is “completely inaccurate.” “These are very rough comparisons, but it can be said that U.S. middle school and secondary students have always done poorly on international tests of mathematics compared to students in other developed countries and have done better in science and reading,” Carnoy said. Many U.S. adults believe the country is either average or below average at teaching students science, technology, engineering and math, according to a released in April. : But the measuring students' reading, math and science skills from countries show more of a mixed bag. In 2022, the test – called the – found five education systems with higher average reading scores than the U.S., 25 with higher math scores and nine with higher science scores. The test has , when 32 countries participated. That year, eight countries had higher math scores than the U.S. and seven countries had higher science scores. U.S. students performed “about as well on average” in reading compared to students in other participating countries. U.S. News & World Report ranked the U.S. as the in 2024 as part of its , which are based on an international survey of nearly 17,000 people who were asked “whether a country has a well-developed public education system, whether respondents would consider attending university there and if that country has a reputation for top-quality universities.” The news outlet has only ranked countries in that way for . There is no evidence of any widespread decline in student achievement in the U.S. since 1979, Carnoy said. U.S. math scores have been below many other countries for decades. In the mid-1960s, U.S. 13-year-olds were outperformed in math by students in all but one of the 11 other countries that participated in the First International Mathematics Study, while U.S. students in their last year of high school were ranked last, according to a published in 1992. A similar study of math skills conducted in the early 1980s broke the results down by category, and found the U.S. was near the bottom in most of them. A different published by the National Center for Education Statistics in 1993 analyzed two decades of results. It says “overall trends in science, mathematics and reading suggest few changes in levels of educational achievement.” National Center for Education Statistics charts of reading and math scores for and in the U.S. don’t show significant declines since 1979. Rather, math scores are up since then while reading is at about the same level, according to the latest test results from 2022 and 2023. The rate in the U.S. for the 1979-80 school year was 71.5%, far below the 87% reported for the . The college enrollment rate for those who completed high school has risen from to , according to the Bureau of Labor Statistics. It is important to recognize the U.S. doesn’t have only one education system – instead, each state has its own, Carnoy said. “Student performance in some states has increased greatly in the past 30 years, and not so much in other states,” he said. Carter that created the Department of Education on Oct. 17, 1979, the federal government had “for too long failed to play its own supporting role in education as effectively as it could.” It wasn’t the first time that the U.S. had a Department of Education, though. In 1867, President Andrew Johnson signed a bill that created the country’s first Department of Education, but it was in the Department of the Interior about a year later “due to concern that the department would exercise over local schools,” according to the current Education Department website. President-elect Donald Trump has eliminating the Department of Education, calling it a “bloated and radical bureaucracy.” USA TODAY reached out to the social media user who shared the post for comment but did not immediately receive a response. also debunked the claim. , Nov. 19, Email exchange with USA TODAY Pew Research Center, April 24, National Center for Education Statistics, accessed Nov. 20, National Center for Education Statistics, accessed Nov. 20, National Center for Education Statistics, accessed Nov. 20, National Center for Education Statistics, accessed Nov. 20, National Center for Education Statistics, accessed Nov. 20, National Center for Education Statistics, accessed Nov. 21, National Assessment of Educational Progress, accessed Nov. 21, U.S. News & World Report, accessed Nov. 20, Bureau of Labor Statistics, April 23, Bureau of Labor Statistics, accessed Nov. 21,
Neal had five rebounds for the Hornets (2-4). Julian Vaughns shot 5 for 8, including 2 for 4 from beyond the arc to add 12 points. Jacob Holt had 10 points and shot 3 of 5 from the field and 4 of 4 from the free-throw line. The Falcons (2-5) were led by Jeffrey Mills, who posted 19 points. Ethan Taylor added 11 points, eight rebounds, five assists and two steals for Air Force. Vaughns scored eight points in the first half and Sacramento State went into halftime trailing 33-22. Sacramento State used a 12-0 second-half run to take the lead at 34-33. Lachlan Brewer scored 10 second-half points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .SEOUL, South Korea — South Korean President Yoon Suk Yeol declared emergency martial law late Tuesday before backing down, placing the military in control of all government and judicial functions in a power grab that came after months of political stalemate. The hours of crisis and chaos have thrown the future of his presidency into doubt. As the military and police sought to contain protesters who had poured into the streets around the National Assembly, the president announced he would lift the order as soon as he could convene his Cabinet, heeding a defiant vote from the opposition-led legislature. The Cabinet met before dawn Wednesday local time, according to South Korea’s Yonhap news agency, as protesters chanted for Yoon’s impeachment. It remained unclear what immediately precipitated Yoon’s decree — the first time martial law has been declared in South Korea since 1980, when a military junta ruled the country. In a televised address to the nation announcing his declaration of martial law, Yoon called the legislature a “den of criminals” engaged in “legislative tyranny” and “anti-state activities.” “Honorable citizens, as president, I appeal to you with a feeling of spitting blood,” he said. Accusing his opponents of being “shameless pro-North Korean anti-state forces that are plundering the freedom and happiness of our people,” Yoon lambasted lawmakers for rejecting his government budget proposal and moving to impeach several public officials. His presidency has been plagued by scandal since soon after he took office in 2022, with relentless accusations that he and his wife had abused their positions for personal and political gain. Yoon’s approval ratings have plummeted in recent months amid growing calls for his impeachment. South Korean television broadcasted Yoon’s address over and over again. One news anchor noted in grave disbelief that “we are now reporting a situation to you that we had only seen in movies.” Army Chief of Staff Gen. Park An-su, whom Yoon had named martial law commander, banned all political activity and proclaimed that the media was under military control. Outside the National Assembly, around a thousand protesters tussled with police guarding the gates as military helicopters hovered overhead. Bundled in thick winter jackets, they waved banners and umbrellas, chanting “lift the martial law!” Reporters, legislative staff and lawmakers had barricaded themselves inside the building as soldiers stormed the entrance, shattering a window and setting off what appeared to be either a smoke grenade or tear gas canister in an attempt to force their way in. Early Wednesday — less than three hours after Yoon declared martial law — the legislature voted to overturn his decree. By law, the president is required to lift his order immediately. Yoon soon announced he would comply. Upon learning of the vote, the protesters broke out in cheers, which quickly turned into another increasingly familiar refrain: “Impeach Yoon Suk Yeol!” In the minds of most South Koreans, martial law is strongly associated with the country’s pre-democratic military dictatorships, which used it as a tool to crush political dissent, oftentimes with violence. Under a state of martial law, the military can restrict citizens’ basic rights, including detaining or searching them without a warrant. Crimes can be prosecuted in military courts. The last leader to declare emergency martial law was military general Chun Doo-hwan, who rose to power in a coup in 1979. Chun later declared martial law over the entire country in 1980, during which his military opened fire on pro-democracy protestors in the city of Gwangju, killing at least 165. This is not the first time that democratically elected presidents have toyed with martial law. Under former president Park Geun-hye, a conservative whose corruption scandal led to her impeachment in 2017, military officials had secretly prepared their own plans of declaring martial law in the event that the courts upheld her impeachment. But Park would ultimately be ousted and jailed without those plans ever being set into motion. In September, opposition politicians raised the alarm that Yoon himself was preparing to declare martial law, citing the fact that Kim Yong-hyun, the defense minister, had held an uncustomary meeting with the three military commanders who would likely play key roles in a martial law regime. At the time, the presidential office denied the allegations, which it dismissed as political incitement akin to that of Stalin or Nazi Germany. Yoon , a former prosecutor, rose to political prominence as a straight-shooting investigator who handled high-profile corruption cases. But since being elected president May 2022, he has been a divisive leader, inviting controversy by engaging in misogynistic rhetoric and cracking down on critical media outlets . Yoon has been accused of interfering in a military investigation into the death of a young marine who drowned during a search and rescue operation last year, while his wife has been under fire for accepting a luxury handbag from a Korean American pastor in what critics have characterized as a clear case of graft. The opposition party has also moved to impeach Yoon’s interior minister, who it holds responsible for a crowd crush that killed over 150 people on Halloween in 2022. In addition, liberal party legislators have tried to remove several prosecutors who investigated Lee Jae-myung, their leader and presidential hopeful. In April, Yoon’s conservative party suffered a crushing defeat in the parliamentary general elections, which many saw as a referendum on his presidency. Legislators of all stripes quickly denounced Yoon’s decree of martial law. “There is no reason to declare martial law. We cannot let the military rule this country,” opposition leader Lee Jae-myung said in a video he recorded in a car on his way to the National Assembly. “President Yoon Suk Yeol has betrayed the people. President Yoon’s illegal declaration of emergency martial law is null and void. From this moment on, Mr. Yoon is no longer the president of South Korea.” Even Han Dong-hoon, the leader of Yoon’s own conservative party, had condemned Yoon’s actions as unconstitutional. “With the National Assembly’s vote to lift it, the state of emergency martial law has now been rendered invalid,” he said. ©2024 Los Angeles Times. Visit at latimes.com . Distributed by Tribune Content Agency, LLC.Soccer: Falcons outlast Mustangs in big road win
Here comes the heat: Parts of NZ to hit 30C this week
US stocks take a breather, Asian bourses rise in post-Christmas trade
Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors . “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti . Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.” Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Michael Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA. The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." ___ AP auto racing: https://apnews.com/hub/auto-racingNeymar will have another baby! Bruna Biancardi is expecting second child with soccer star
There’ll be no complimentary champagne, red carpets or luxury suites as the Ducks welcome visitors from Las Vegas on Wednesday, when they’ll joust with the Golden Knights in search of their first victory in the season series. Vegas captured two prior meetings by 3-1 and 3-2 counts in 2024-25, after their title defense last season was weighed down by losses in three of four matchups with the fledgling Ducks. Frank Vatrano had four goals and six points in those games to pace the Ducks. After pounding the bottom of the ketchup bottle – he has 16 more shots on goal than any other Duck – the sauce is starting to flow for Vatrano, with four goals in his past four games following just one goal against a goalie in his other 18 outings. Last year, when he catapulted over his previous career high of 24 goals to find the twine 37 times, Vatrano wedged a goal between droughts of nine and seven contests before finishing the campaign with seven goals in four games. “Frankie was going to score eventually. He’s a scorer, and those guys go through dry spells,” Ducks coach Greg Cronin said. “It doesn’t matter how many games you don’t score in.” All four of Vatrano’s goals featured assists by Troy Terry, who has seven helpers over that same four-game span. Terry has created a more commanding presence and assumed an even stronger leadership role this season, one in which the 27-year-old said the Ducks’ young group sometimes made him feel old. Yet Vatrano said he saw “the same player.” “As you get older, you know where you’re going to score your goals from and where you’re going to get your opportunities,” Vatrano, 30, said. “You kind of outsmart guys, knowing where you need to be, knowing where you need to break down the defense and hold onto the puck to make plays. I think it’s just him maturing, playing a lot more games and becoming a veteran in this league.” Yet Terry underwent something of a stylistic transformation offensively last season, which paid dividends as it progressed. He has continued to refine his game, balancing his ability to carry the puck confidently with trust that he’ll be able to recover dumps, chips and other conservative plays that can enable him to continue attacking. Cronin, who described the line of Vatrano, Terry and Ryan Strome as a trio that played like “a fourth line with skill,” credited the relationship Terry has with assistant coach Tim Army for some of his advances. “He’s getting a steady diet and a healthy diet of when to move (the puck) forward and when not to move it forward, to recognize when there’s an opportunity to use your creativity at the offensive blue line and when not to,” Cronin said. The scoring spree of Vatrano and Terry has been timely since Leo Carlsson sustained an upper-body injury four games ago against Seattle. He should be considered doubtful against Vegas. Defenseman Cam Fowler, who had five points against Vegas last season, is again a possibility to skate but hasn’t played since Nov. 5. Vegas will be without a pair of rearguards, Zach Whitecloud and former Duck Ben Hutton, as well as Mark Stone, the Golden Knights’ captain and top scorer on a per-game basis. They’re led in overall points by Jack Eichel and in defensive scoring by former Duck Shea Theodore. Like the Ottawa Senators were in the Ducks’ 4-3 shootout win on Sunday, Vegas will be in the back half of games on consecutive nights after hosting the Edmonton Oilers on Tuesday. Vegas at Ducks When: 7 p.m. Where: Honda Center How to watch: Victory+, KCOP (Ch. 13)Israel, Hezbollah agree to ceasefire to end nearly 14 months of fightingASHLAND — The town will celebrate Christmas Night downtown, from 4 to 7 p.m., on Friday, Dec. 6. Notable exceptions include a craft fair at the American Legion Hall, 37 Main St., featuring a dozen crafters, running from 1 to 7 p.m. and a Teen Night in the evening. This year’s theme is Candy Cane Christmas. Santa Claus will arrive by fire truck at 4 p.m. and will be in Memorial Park visiting with children and others until 7 p.m. Pick up a passport at Memorial Park to be stamped around town and returned to Memorial Park for the free raffle of prizes donated by local businesses and organizations. The Cookie Walk will be held in Colleen's Kitchen, at 25 Main St., will offer homemade cookies. Chowder and chili will be served from 11 a.m. to 6:30 p.m. in the Legion Hall. Ashland musicians Paul Hubert and Kathy Sheer will perform in the Hall. The Ashland Town Library, 41 Main St., will give out take and make activity kits to children. Free food and snacks will be available at the Ashland Community Church, 55 Main St., as well as a Photo Booth, family photo, games and crafts. Letters to Santa Claus can be mailed in a special mailbox at Roundabout New England Vintage and Thrift Shop, 62 Main St., every day until Christmas. The Ashland Historical Society will display photographs of past Christmas celebrations in the parish hall of Emmanuel Episcopal Church, 18 Highland St., where hot cider will be served. The Meredith Village Savings Bank, at the corner of Riverside Drive and Highland Street, will give away Christmas ornament kits. Carolers will sing throughout downtown during the evening, starting at 6:45 p.m. in Memorial Park. Lighting of the town Christmas tree by Santa will take place followed by the raffle. Teen night, for those 13-19 years old, will run 7:30-9 p.m. at the mill with games and food provided.
From hidden gnomes to a paw print walk, there are plenty of fun family things to do in and around Mansfield, Victoria, once the stomping ground of notorious bushranger Ned Kelly and his gang. Tucked away in the shadows of Mount Buller and Mount Stirling and near Lake Eildon and Lake Nillahcootie, it’s a 2.5-hour drive from Melbourne and a great holiday destination. Here are nine fun things to do. Mansfield Zoo Hands-on animal care... Mansfield Zoo. Credit: Tourism North East Watch cute meerkats scamper around and you can help feed friendly deer and kangaroos at the Mansfield Zoo, which was opened by Bronwen Wilson and David Murphy, in 2000. Spread over 12 hectares with views of the pretty Delatite Valley, it is home to more than 200 exotic and native animals. Two white lions, brothers Djuma and Matimba, rule here and in school holidays and weekends feeding time is 1.30pm daily. Picnic or barbecue in the grounds and roll out your swag or tent from September to May and sleep under the stars, serenaded by animal choruses. See mansfieldzoo.com.au Mansfield Maze Planted in 2016, today the maze is thriving. Hidden gnomes, intriguing pixie faces and fairy crossings feature at the Mansfield High Country Gallery, Gardens and Maze. Planted in 2006 in a bare paddock, the thriving maze survived six tough years of drought and now has hedging reaching more than two metres – it’s the perfect place to get lost in. Present owners Nicky Goudberg and Tony Pridham – an awarded wildlife and bird artist and nephew of the famous artist Sidney Nolan, have opened an art gallery and cafe with grazing platters and sweet treats. You can also bring your own picnic and enjoy in a shaded lawn area. See highcountrymaze.com.au Mansfield Botanic Park Fancy a game of hide and seek in the gardens or maybe jump on the dual flying fox at the new kids’ park, where native and introduced trees flourish. Fords Creek meanders by and there’s a water park for those hot days. Skateboarders of all ages will love the nearby Mansfield Skatepark with its roll-ins, quarter pipes, ledges, a metal non -vert half pipe and curved and straight rails plus a climbing wall – some of which is in the shade. Rail Trail Mullum Wetlands at Mansfield Rail Trail. Cyclists of all ages are well catered for with many trails – the Great Victorian Rail Trail stretches 134 kilometres from Tallarook to Mansfield, taking in some beautiful high country. You can tackle a small section of the trail and e-bikes can be hired in Mansfield. The trail passes through the Trawool Valley and the towns of Yea, Alexandra, Yarck and Bonnie Doon. Highlights include the Cheviot Tunnel and Bonnie Doon Bridge spanning Lake Eildon. Watch out for beautiful birdlife, pretty farmland and stands of ancient red gums. See greatvictorianrailtrail.com.au Jamieson Paw Walk The tiny town of Jamieson, a former gold mining haven, about 30 minutes from Mansfield has a 2.8-kilometre Paw Prints Walk. Follow the cute paw prints for a fun and educational treasure hunt through the beautiful town beside the Jamieson and Goulburn Rivers. Pick up a map and questionnaire at the Jamieson Caravan Park reception and follow the blue paw prints along the river and up into the bush while learning about local wildlife. It takes between 45 minutes and two hours, depending on age, walking speed and snack breaks. Suitable for families with children aged five years and over. Picnic Pick up a hamper laden with local goodies from The Produce Store in Mansfield – the store dates back to 1895 and has been a furniture auction room and a greengrocer, now it showcases the best and freshest locally made produce and is great for a meal or treat. Great picnic spots include Bracks Bridge, about 20 minutes from Mansfield, which has shallow water and rock pools. There are picnic tables and lots of shade. Mirimbah Park is another favourite spot with shallow waters of the Delatite River and there’s a barbecue and playground. BullerRoo Lush vistas at BullerRoo Luxury Chalet. Help feed the cutest miniature pygmy goats called Misty, Tassie and Mr Tipples, plus some friendly alpacas at BullerRoo that offers a slick two-bedroom chalet style retreat with stunning vistas of Mount Buller, The Paps, the rolling Barwite Valley and the Broken River. Located 15 minutes from Mansfield, it’s set on nine hectares and there’s also the cute colonial-style Stone Cottage House that sleeps six, set in established gardens. Spy on birds, kangaroos, wombats and deer and you can throw in a line in the nearby river where trout hide. See bullerroo.com.au Gnomes Roam and House Credit: Tourism North East Catch a glimpse of those cute gnomes on the Mount Buller Road where there’s a Gnomes Crossing sign then continue to the Mount Buller Gnome House. Kids can even leave a letter for the gnomes in a special letterbox. Pick up a self-guided tour of the Mount Buller gnomes’ life on the mountain and learn about their favourite places to play and all about gnome life. Gnome stickers are available at the Alpine Centre. In the footsteps of bushrangers Ned Kelly and his gang roamed the Mansfield area – three policemen killed at Stringybark Creek are buried in Mansfield Cemetery. There is also an impressive marble monument to them in the main street which was funded by public donation. The proclamation resulting in the Gang members being declared outlaws was made from the steps of the Mansfield Courthouse on 15 November 1878. And there’s more Test your putting skills at Mansfield mini-golf. Mansfield also has mini golf, a movie theatre, bike tracks and art galleries. The Mansfield Lantern Festival, celebrating the longest night of the year, is held each June (June 21 in 2025), with a light parade, stalls and entertainment. See mansfieldlanternfestival.com.au The writer was a guest of Victoria’s High Country.
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The oil market is notoriously volatile and influenced by a myriad of factors, including geopolitical tensions, supply and demand dynamics, and economic trends. Over the past few months, the world has witnessed significant shifts in the oil market that are likely to have a ripple effect on prices. The ongoing geopolitical tensions in major oil-producing regions, such as the Middle East, can disrupt supply chains and lead to price spikes. Additionally, the global economic recovery post-pandemic has resulted in an increase in oil demand, putting further pressure on prices.The ( ) has been one of the best-performing funds in 2024. But I don't think this will be the end of the long-term gains. As we can see on the chart above, the FANG ETF has climbed a hefty 41% this year. In comparison, the (ASX: XJO) has climbed by 10% — not a bad result, but a significant underperformance to the FANG ETF. Past performance is not a reliable indicator of future performance, of course, and I'm certainly not expecting the FANG ETF to rise another 40% in the next year. But I do believe that this fund, which provides access to leading US technology companies, can beat the ASX 200 again over the next five years. Here's why. While not guaranteed to occur, incoming United States president Donald Trump has indicated he wants to reduce business taxes to 15%, down from 21%. yet. I'm sure more details will come in due course. But I wouldn't be surprised if the businesses inside the FANG ETF see their taxes reduced to some degree, which would boost their . Investors typically value a business on how much profit they're making and could make in the future. A taxation boost to EPS should theoretically boost the share price. The FANG ETF is not known for strong . It has only 10 positions that are designed to be equally weighted. But I think these companies have been and can continue to be wonderful investments. Currently, the FANG portfolio holds these 10 giant technology businesses: These companies are among the best in the world at what they do, whether that's smartphones, device software, social media (such as Instagram), online video, online search, cybersecurity, e-commerce, cloud computing, AI and more. They also typically have strong profit margins, excellent and effective management. Considering the world is becoming increasingly technological, and that these companies are some of the entities driving that change, this area of the global share market is where I'd want at least some of my money, whether that's through the FANG ETF or a different investment. I often say that, in the business world, winners keep winning. Companies like Microsoft, Apple and Alphabet are so far ahead of the competition that it may be almost impossible for others to catch up starting from scratch. With their high , it makes sense for these winners to retain and reinvest profits in improving their products or services and developing new offerings. In my opinion, these companies' rising profits are likely to lead to ongoing capital growth, even if they start with relatively high . The FANG ETF has returned an average of 20% per annum over the past three years. While the next three years aren't guaranteed to be as good, I think the FANG ETF has plenty of capability to outperform the ASX 200.
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