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On the other hand, both Arsenal and Manchester City stumbled in their respective matches over the weekend, dropping crucial points in the title race. Arsenal, who have been enjoying a resurgence under manager Mikel Arteta, were held to a 1-1 draw by Southampton. While the Gunners have shown signs of improvement this season, their inconsistency has cost them valuable points in their pursuit of the title.1. Blue Ocean Bay ResidenceMiddle East latest: ICC issues warrant for Israel's Netanyahu as Gaza death toll soars past 44,000
Despite all the rumors and speculations surrounding his potential move, Neymar Jr. remains adamant about his desire to return to Barcelona. The Brazilian superstar, who currently plays for Paris Saint-Germain, has made it clear that he will not consider a transfer this summer unless he receives a guarantee of registration from the Catalan club.A'ja Wilson and Kate Martin: From rookie initiations to viral moments
'Highly regarded': Army soldier charged with murdering fellow soldier at California homeBeacon Healthcare Systems Expands Leadership Team with Addition of Ayman Mohamed as Chief Technology Officer
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Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina KhanAP Business SummaryBrief at 6:15 p.m. EST
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease. The U.S. Department of Justice announced the indictment on Thursday. Phillips is charged with two counts of negligently violating the Clean Water Act and four counts of knowingly violating the Clean Water Act. An arraignment date has not been set. A spokesperson for the company said it was cooperating with prosecutors. US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Regulators also want to ban Google from forging multibillion-dollar deals to lock in its dominant search engine as the default option on Apple’s iPhone and other devices. What you need to know about the proposed measures designed to curb Google's search monopoly U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly. The sweeping set of recommendations filed late Wednesday could radically alter Google’s business. Regulators want Google to sell off its industry-leading Chrome web browser. They outlined a range of behavioral measures such as prohibiting Google from using search results to favor its own services such as YouTube, and forcing it to license search index data to its rivals. They're not going as far as to demand Google spin off Android, but are leaving that door open if the remedies don't work. SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission has been aggressive in its oversight of cryptocurrencies and other regulatory issues. President-elect Donald Trump had promised during his campaign that he would remove Gensler, who has led the U.S. government’s crackdown on the crypto industry and repeatedly called for more oversight. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. US intelligence warns defense companies of Russian sabotage threat WASHINGTON (AP) — U.S. intelligence officials are warning American defense companies to increase their security after a wave of sabotage in Europe blamed on Russia. The National Counterintelligence and Security Center issued a public bulletin Thursday advising companies that work in the defense industry that Russia may seek to carry out acts of sabotage as part of its effort to undercut Ukraine's allies and their ability to support Ukraine in its defense against Russia. Western authorities say they believe Russian intelligence is behind several recent acts of sabotage targeting European defense companies. Russia has denied the allegations. Elon Musk's budget crusade could cause a constitutional clash in Trump's second term WASHINGTON (AP) — Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations. It's possible that their efforts will lead to a constitutional clash. This week, Musk and Ramaswamy said they would encourage the Republican president-elect to refuse to spend money allocated by Congress, which would conflict with a 1974 law that's intended to prevent presidents from blocking funds. If Trump takes such a step, it would quickly become one of the most closely watched legal battles of his second administration. Musk and Ramaswamy also aim to dramatically reduce the size of the federal workforce. Bitcoin is at the doorstep of $100,000 as post-election rally rolls on NEW YORK (AP) — Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. Cutting in line? American Airlines' new boarding tech might stop you at now over 100 airports NEW YORK (AP) — Sneaking a little ahead of line to get on that plane faster? American Airlines might stop you. In an apparent effort to reduce the headaches caused airport line cutting, American has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. As of Wednesday, the airline announced, this technology is now being used in more than 100 U.S. airports that American flies out of. The official expansion arrives after successful tests in three of these locations. Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000 NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up by less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields inched higher in the bond market. What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News? Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year. Comcast is cutting loose several of its cable companies into a separate company in order to improve its bottom line. It leaves several questions, particularly for MSNBC. Will the news network geared to liberal viewers continue to use NBC News personnel? Will it have to leave its offices and studios at the NBC News headquarters in New York's Rockefeller Center? Will they even keep the same names?
Christian vote, especially Catholics, critical to Trump's historic win
The success of TikTok's Black Friday campaign, which generated over a billion dollars in sales, underscores the platform's influence in driving consumer behavior and purchasing decisions. By creating a seamless shopping experience within the app, TikTok has effectively connected brands with their target audience, resulting in a surge in online sales and engagement. The viral nature of TikTok content, combined with its user-friendly interface, has made it an ideal platform for social commerce to thrive.According to Trump, the presence of millions of illegal immigrants in the United States has put a strain on the economy, job market, and social services. He has claimed that illegal immigrants are taking away jobs from American citizens, driving down wages, and burdening the country's healthcare and education systems. In his view, deporting these individuals is necessary to protect the interests of American citizens and ensure that the country's immigration laws are enforced.In conclusion, the fervent activity surrounding the accumulation of Treasury bills to secure long-duration bonds underscores the strategic acumen of traders in navigating the current low-interest-rate environment. The bond market's bullish momentum is expected to persist, driven by a combination of factors including central bank policies, economic uncertainties, and investor sentiment.
Finding and accessing capital investment continues to be a challenge for many small businesses in Manitoba. In an effort to address this issue, among other funding activities and policy initiatives, the Government of Manitoba can be credited with implementing the Small Business Venture Capital Tax Credit Program (the “Program”). This innovative program offers eligible investors a 45% tax credit on taxes payable in Manitoba for investments made in approved small businesses in the province. Under the Program, each investor making the maximum investment allowed of $500,000 per eligible small business is entitled to a $225,000 tax credit. As the Program is effective for generating capital investment for Manitoba small businesses, we’ve observed its use among our clients continue to expand. The Program has two notable limitations, however, that likely make it inaccessible to most Manitoban investors: First, the eligible investors must either qualify as an accredited investor under applicable securities laws (they meet a prescribed income or financial asset threshold that would allow them to sustain risky investments), or qualify for another exemption under applicable securities laws, such as being a close friend, family member and/or business associate of an officer, director or founder of the issuer company. Second, the minimum investment under the Program is $10,000. An individual is an accredited investor if they earned over $200,000 net income, or $300,000 including their spouse’s income, in the two recent calendar years with the expectation of earning the same for the current year. They are also viewed as such if they have financial assets with an aggregate realizable value of more than $1 million, before taxes but net of any related liabilities. Financial assets are cash and securities and therefore, exclude the value of an individual’s house, cottage and other assets. According to Statistics Canada’s census data, in 2021, only 2.3% of Manitobans of working age earned more than $150,000. We thereby assume that the percentage of Manitobans that individually earn over $200,000 a year, or who have a household income of more than $300,000, is substantially lower. While securities laws are, in part, designed to protect people from high-risk and/or speculative investments that could be unsuitable, the current rules create a situation where highly educated, experienced and sophisticated investors are prohibited from taking advantage of offerings qualified and approved under the Program. There are two practical solutions that are potentially available: Implementing the self-certified investor exemption in Manitoba and allowing the self-certified investor exemption to be used concurrently with the Program and lowering the minimum investment in the Program from $10,000 to $5,000. The exemption was implemented on a trial-run basis in Alberta and Saskatchewan in 2021 and in Ontario in 2022. All three provinces have since extended these exemptions. The exemption allows issuers to raise capital without a prospectus from investors who may not meet the test to qualify as an accredited investor, subject to a number of technical requirements. In order to use the exemption, in Ontario, the investor must sign prescribed certificates to the issuer certifying that they possess certain knowledge, skills or experience, and they acknowledge that they have read and understood a regulated list of risks that are associated with investing. The issuer cannot know or would reasonably be expected to know that the statements made by the investor in the certificates are false. In Ontario, the exemption may also only be used for a maximum of $30,000, in the aggregate, in any and all businesses in Ontario in any 12-month period. To that end, the subscription agreement between the investor and the company for the investment must include a contractual representation from the investor to the company that the aggregate acquisition cost of the securities of all companies acquired by that investor in the preceding 12 months as a self-certified investor does not exceed $30,000. In Ontario, to be considered qualified under the self-certified exemption, investors need to have at least one of the following: • A designation as a Chartered Financial Analyst (CFA), Chartered Investment Manager (CIM), Chartered Business Valuator (CBV), Chartered Professional Accountant (CPA), Certified International Wealth Manager (CIWM) from the Canadian Securities Institute, or Certified Financial Planner (CFP) from FP Canada; • A Master of Business Administration (MBA) degree focused on finance, a finance degree or a business and/or commerce degree focused on finance or investment from a Canadian university or accredited foreign university; • Admitted to practice law and actively practises with at least one-third of the practice in securities law or mergers and acquisitions; • Passed the Canadian Securities Course Exam administered by the Canadian Securities Institute; • Passed the Exempt Market Products Exam administered by the IFSE Institute; • Passed the Canadian Investment Funds Course Exam administered by the IFSE Institute; • Passed the Investment Funds in Canada Course Exam administered by the Canadian Securities Institute; • Passed the Series 7 Exam administered by the Financial Industry Regulatory Authority in the United States; • Holds a financial planner or financial advisor credential from a credentialling body approved by the Financial Services Regulatory Authority of Ontario; or • Has management, policy-making, engineering, product or other relevant operational experience at a business that operates in the same industry or sector as the company that the investor wishes to invest in. As a result of this experience, the individual is able to adequately assess and understand the risk of investment in that company. There are some notable differences between the exemptions in Alberta and Saskatchewan and Ontario. We note that in Alberta and Saskatchewan: • The list of potential qualified investors in Saskatchewan and Alberta is smaller than Ontario; • There is a limitation on the exemption of $10,000 per year in any one single company in a year, provided that the $30,000 aggregate limitation and the $10,000 single company limitation does not apply if the company is listed on a Canadian stock exchange and that investor receives advice regarding suitability of the investment from a qualified advisor. • A distribution to anyone that is using the self-certified exemption must occur concurrently with a distribution to an accredited investor and the self-certified investor must have access to the same information about the distributed securities as any accredited investor. • In addition to the prescribed certificates certifying the investor’s eligibility and that the investor has read and understood the risks of investing, as in is the case in Ontario, in Alberta and Saskatchewan, investors must also provide to the issuer a statutory declaration in a prescribed form. The statutory declaration cannot be older than 36 months from the date of distribution and the issuer must hold a copy of that acknowledgement and statutory declaration for a period of 8 years after the distribution. • Special purpose vehicles may be considered self-certified investors if certain technical conditions are met. The self-certified investor exemption is designed to strike an appropriate balance between lowering the high barrier of entry for investors to participate in private placement offerings, while ensuring that those investors have the requisite knowledge, experience and skill to do so. If the Government of Manitoba and The Manitoba Securities Commission consider and deem the self-certified exemption to be appropriate for Manitoba, they could adopt either of the existing models or take a customized approach. Implementing the exemption and allowing it to be used concurrently with the Program would effectively unlock a whole new pool of prospective investors for Manitoba small businesses to access and allow more Manitobans to use and take advantage of the Program. — Kyle Mirecki is private equity and securities lawyer in the Winnipeg office at MLT Aikins LLP. This article is of a general nature only and is not exhaustive of all possible legal rights or remedies. In addition, laws may change over time and should be interpreted only in the context of particular circumstances such that these materials are not intended to be relied upon or taken as legal advice or opinion. Readers should consult a legal professional for specific advice in any particular situation.By CHRISTOPHER RUGABER WASHINGTON (AP) — President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission . He will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior . Ferguson is already one of the FTC’s five commissioners, which is currently made up of three Democrats and two Republicans. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Related Articles National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television National Politics | What will happen to Social Security under Trump’s tax plan? National Politics | Republican-led states are rolling out plans that could aid Trump’s mass deportation effort The replacement of Khan likely means that the FTC will operate with a lighter touch when it comes to antitrust enforcement. The new chair is expected to appoint new directors of the FTC’s antitrust and consumer protection divisions. “These changes likely will make the FTC more favorable to business than it has been in recent years, though the extent to which is to be determined,” wrote Anthony DiResta, a consumer protection attorney at Holland & Knight, in a recent analysis . Deals that were blocked by the Biden administration could find new life with Trump in command. For example, the new leadership could be more open to a proposed merger between the country’s two biggest supermarket chains, Kroger and Albertsons, which forged a $24.6 billion deal to combine in 2022. Two judges halted the merger Tuesday night. The FTC had filed a lawsuit in federal court earlier this year to block the merger, claiming the deal would eliminate competition, leading to higher prices and lower wages for workers. The two companies say a merger would help them lower prices and compete against bigger rivals like Walmart. One of the judges said the FTC had shown it was likely to prevail in the administrative hearing. Yet given the widespread public concern over high grocery prices, the Trump administration may not fully abandon the FTC’s efforts to block the deal, some experts have said. And the FTC may continue to scrutinize Big Tech firms for any anticompetitive behavior. Many Republican politicians have accused firms such as Meta of censoring conservative views, and some officials in Trump’s orbit, most notably Vice President-elect JD Vance, have previously expressed support for Khan’s scrutiny of Big Tech firms. In addition to Fergson, Trump also announced Tuesday that he had selected Jacob Helberg as the next undersecretary of state for economic growth, energy and the environment.The Nikkei Sustainable Development Comprehensive Survey is a prestigious assessment that evaluates the environmental, social, and governance (ESG) performance of companies across various industries. Ricoh's consistent recognition in this survey highlights its ongoing efforts to integrate sustainability into all aspects of its operations.
Published 5:39 pm Tuesday, December 10, 2024 By Data Skrive The injury report for the Houston Rockets (16-8) ahead of their matchup with the Golden State Warriors (14-9) currently includes two players. The Warriors also have two injured players listed on the report. The matchup is slated for 9:30 PM ET on Wednesday, December 11. Watch the NBA, other live sports and more on Max. Use our link to sign up today. Get the latest news sent to your inbox The Rockets took care of business in their most recent outing 117-106 against the Clippers on Sunday. Jalen Green recorded 31 points, four rebounds and one assist for the Rockets. In their most recent game on Sunday, the Warriors earned a 114-106 win against the Timberwolves. In the Warriors’ win, Stephen Curry led the way with 30 points (adding four rebounds and eight assists). 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 .In a groundbreaking development, a significant breakthrough has been reported in the field of domestic brain-computer interfaces (BCI) in China. This momentous achievement marks a crucial step forward as Chinese-made BCI devices advance towards clinical trials. With the potential to revolutionize the way we interact with technology and improve the lives of individuals with disabilities, this innovation holds immense promise.
Those who have been fortunate enough to experience the benefits of Sleepgate report feeling more energized, focused, and emotionally balanced. They speak of improved mental clarity, reduced stress levels, and a greater sense of overall well-being. By embracing the principles of Sleepgate, individuals are able to enhance their quality of life and unlock their full potential.Village Committee Responds to Cai Guoqiang's Drone Crash into Sea Due to Signal InterferenceSeibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys
On the other hand, both Arsenal and Manchester City stumbled in their respective matches over the weekend, dropping crucial points in the title race. Arsenal, who have been enjoying a resurgence under manager Mikel Arteta, were held to a 1-1 draw by Southampton. While the Gunners have shown signs of improvement this season, their inconsistency has cost them valuable points in their pursuit of the title.1. Blue Ocean Bay ResidenceMiddle East latest: ICC issues warrant for Israel's Netanyahu as Gaza death toll soars past 44,000
Despite all the rumors and speculations surrounding his potential move, Neymar Jr. remains adamant about his desire to return to Barcelona. The Brazilian superstar, who currently plays for Paris Saint-Germain, has made it clear that he will not consider a transfer this summer unless he receives a guarantee of registration from the Catalan club.A'ja Wilson and Kate Martin: From rookie initiations to viral moments
'Highly regarded': Army soldier charged with murdering fellow soldier at California homeBeacon Healthcare Systems Expands Leadership Team with Addition of Ayman Mohamed as Chief Technology Officer
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Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina KhanAP Business SummaryBrief at 6:15 p.m. EST
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease. The U.S. Department of Justice announced the indictment on Thursday. Phillips is charged with two counts of negligently violating the Clean Water Act and four counts of knowingly violating the Clean Water Act. An arraignment date has not been set. A spokesperson for the company said it was cooperating with prosecutors. US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Regulators also want to ban Google from forging multibillion-dollar deals to lock in its dominant search engine as the default option on Apple’s iPhone and other devices. What you need to know about the proposed measures designed to curb Google's search monopoly U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly. The sweeping set of recommendations filed late Wednesday could radically alter Google’s business. Regulators want Google to sell off its industry-leading Chrome web browser. They outlined a range of behavioral measures such as prohibiting Google from using search results to favor its own services such as YouTube, and forcing it to license search index data to its rivals. They're not going as far as to demand Google spin off Android, but are leaving that door open if the remedies don't work. SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission has been aggressive in its oversight of cryptocurrencies and other regulatory issues. President-elect Donald Trump had promised during his campaign that he would remove Gensler, who has led the U.S. government’s crackdown on the crypto industry and repeatedly called for more oversight. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. US intelligence warns defense companies of Russian sabotage threat WASHINGTON (AP) — U.S. intelligence officials are warning American defense companies to increase their security after a wave of sabotage in Europe blamed on Russia. The National Counterintelligence and Security Center issued a public bulletin Thursday advising companies that work in the defense industry that Russia may seek to carry out acts of sabotage as part of its effort to undercut Ukraine's allies and their ability to support Ukraine in its defense against Russia. Western authorities say they believe Russian intelligence is behind several recent acts of sabotage targeting European defense companies. Russia has denied the allegations. Elon Musk's budget crusade could cause a constitutional clash in Trump's second term WASHINGTON (AP) — Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations. It's possible that their efforts will lead to a constitutional clash. This week, Musk and Ramaswamy said they would encourage the Republican president-elect to refuse to spend money allocated by Congress, which would conflict with a 1974 law that's intended to prevent presidents from blocking funds. If Trump takes such a step, it would quickly become one of the most closely watched legal battles of his second administration. Musk and Ramaswamy also aim to dramatically reduce the size of the federal workforce. Bitcoin is at the doorstep of $100,000 as post-election rally rolls on NEW YORK (AP) — Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. Cutting in line? American Airlines' new boarding tech might stop you at now over 100 airports NEW YORK (AP) — Sneaking a little ahead of line to get on that plane faster? American Airlines might stop you. In an apparent effort to reduce the headaches caused airport line cutting, American has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group. This new software won’t accept a boarding pass before the group it’s assigned to is called, so customers who get to the gate prematurely will be asked to go back and wait their turn. As of Wednesday, the airline announced, this technology is now being used in more than 100 U.S. airports that American flies out of. The official expansion arrives after successful tests in three of these locations. Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000 NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up by less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields inched higher in the bond market. What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News? Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year. Comcast is cutting loose several of its cable companies into a separate company in order to improve its bottom line. It leaves several questions, particularly for MSNBC. Will the news network geared to liberal viewers continue to use NBC News personnel? Will it have to leave its offices and studios at the NBC News headquarters in New York's Rockefeller Center? Will they even keep the same names?
Christian vote, especially Catholics, critical to Trump's historic win
The success of TikTok's Black Friday campaign, which generated over a billion dollars in sales, underscores the platform's influence in driving consumer behavior and purchasing decisions. By creating a seamless shopping experience within the app, TikTok has effectively connected brands with their target audience, resulting in a surge in online sales and engagement. The viral nature of TikTok content, combined with its user-friendly interface, has made it an ideal platform for social commerce to thrive.According to Trump, the presence of millions of illegal immigrants in the United States has put a strain on the economy, job market, and social services. He has claimed that illegal immigrants are taking away jobs from American citizens, driving down wages, and burdening the country's healthcare and education systems. In his view, deporting these individuals is necessary to protect the interests of American citizens and ensure that the country's immigration laws are enforced.In conclusion, the fervent activity surrounding the accumulation of Treasury bills to secure long-duration bonds underscores the strategic acumen of traders in navigating the current low-interest-rate environment. The bond market's bullish momentum is expected to persist, driven by a combination of factors including central bank policies, economic uncertainties, and investor sentiment.
Finding and accessing capital investment continues to be a challenge for many small businesses in Manitoba. In an effort to address this issue, among other funding activities and policy initiatives, the Government of Manitoba can be credited with implementing the Small Business Venture Capital Tax Credit Program (the “Program”). This innovative program offers eligible investors a 45% tax credit on taxes payable in Manitoba for investments made in approved small businesses in the province. Under the Program, each investor making the maximum investment allowed of $500,000 per eligible small business is entitled to a $225,000 tax credit. As the Program is effective for generating capital investment for Manitoba small businesses, we’ve observed its use among our clients continue to expand. The Program has two notable limitations, however, that likely make it inaccessible to most Manitoban investors: First, the eligible investors must either qualify as an accredited investor under applicable securities laws (they meet a prescribed income or financial asset threshold that would allow them to sustain risky investments), or qualify for another exemption under applicable securities laws, such as being a close friend, family member and/or business associate of an officer, director or founder of the issuer company. Second, the minimum investment under the Program is $10,000. An individual is an accredited investor if they earned over $200,000 net income, or $300,000 including their spouse’s income, in the two recent calendar years with the expectation of earning the same for the current year. They are also viewed as such if they have financial assets with an aggregate realizable value of more than $1 million, before taxes but net of any related liabilities. Financial assets are cash and securities and therefore, exclude the value of an individual’s house, cottage and other assets. According to Statistics Canada’s census data, in 2021, only 2.3% of Manitobans of working age earned more than $150,000. We thereby assume that the percentage of Manitobans that individually earn over $200,000 a year, or who have a household income of more than $300,000, is substantially lower. While securities laws are, in part, designed to protect people from high-risk and/or speculative investments that could be unsuitable, the current rules create a situation where highly educated, experienced and sophisticated investors are prohibited from taking advantage of offerings qualified and approved under the Program. There are two practical solutions that are potentially available: Implementing the self-certified investor exemption in Manitoba and allowing the self-certified investor exemption to be used concurrently with the Program and lowering the minimum investment in the Program from $10,000 to $5,000. The exemption was implemented on a trial-run basis in Alberta and Saskatchewan in 2021 and in Ontario in 2022. All three provinces have since extended these exemptions. The exemption allows issuers to raise capital without a prospectus from investors who may not meet the test to qualify as an accredited investor, subject to a number of technical requirements. In order to use the exemption, in Ontario, the investor must sign prescribed certificates to the issuer certifying that they possess certain knowledge, skills or experience, and they acknowledge that they have read and understood a regulated list of risks that are associated with investing. The issuer cannot know or would reasonably be expected to know that the statements made by the investor in the certificates are false. In Ontario, the exemption may also only be used for a maximum of $30,000, in the aggregate, in any and all businesses in Ontario in any 12-month period. To that end, the subscription agreement between the investor and the company for the investment must include a contractual representation from the investor to the company that the aggregate acquisition cost of the securities of all companies acquired by that investor in the preceding 12 months as a self-certified investor does not exceed $30,000. In Ontario, to be considered qualified under the self-certified exemption, investors need to have at least one of the following: • A designation as a Chartered Financial Analyst (CFA), Chartered Investment Manager (CIM), Chartered Business Valuator (CBV), Chartered Professional Accountant (CPA), Certified International Wealth Manager (CIWM) from the Canadian Securities Institute, or Certified Financial Planner (CFP) from FP Canada; • A Master of Business Administration (MBA) degree focused on finance, a finance degree or a business and/or commerce degree focused on finance or investment from a Canadian university or accredited foreign university; • Admitted to practice law and actively practises with at least one-third of the practice in securities law or mergers and acquisitions; • Passed the Canadian Securities Course Exam administered by the Canadian Securities Institute; • Passed the Exempt Market Products Exam administered by the IFSE Institute; • Passed the Canadian Investment Funds Course Exam administered by the IFSE Institute; • Passed the Investment Funds in Canada Course Exam administered by the Canadian Securities Institute; • Passed the Series 7 Exam administered by the Financial Industry Regulatory Authority in the United States; • Holds a financial planner or financial advisor credential from a credentialling body approved by the Financial Services Regulatory Authority of Ontario; or • Has management, policy-making, engineering, product or other relevant operational experience at a business that operates in the same industry or sector as the company that the investor wishes to invest in. As a result of this experience, the individual is able to adequately assess and understand the risk of investment in that company. There are some notable differences between the exemptions in Alberta and Saskatchewan and Ontario. We note that in Alberta and Saskatchewan: • The list of potential qualified investors in Saskatchewan and Alberta is smaller than Ontario; • There is a limitation on the exemption of $10,000 per year in any one single company in a year, provided that the $30,000 aggregate limitation and the $10,000 single company limitation does not apply if the company is listed on a Canadian stock exchange and that investor receives advice regarding suitability of the investment from a qualified advisor. • A distribution to anyone that is using the self-certified exemption must occur concurrently with a distribution to an accredited investor and the self-certified investor must have access to the same information about the distributed securities as any accredited investor. • In addition to the prescribed certificates certifying the investor’s eligibility and that the investor has read and understood the risks of investing, as in is the case in Ontario, in Alberta and Saskatchewan, investors must also provide to the issuer a statutory declaration in a prescribed form. The statutory declaration cannot be older than 36 months from the date of distribution and the issuer must hold a copy of that acknowledgement and statutory declaration for a period of 8 years after the distribution. • Special purpose vehicles may be considered self-certified investors if certain technical conditions are met. The self-certified investor exemption is designed to strike an appropriate balance between lowering the high barrier of entry for investors to participate in private placement offerings, while ensuring that those investors have the requisite knowledge, experience and skill to do so. If the Government of Manitoba and The Manitoba Securities Commission consider and deem the self-certified exemption to be appropriate for Manitoba, they could adopt either of the existing models or take a customized approach. Implementing the exemption and allowing it to be used concurrently with the Program would effectively unlock a whole new pool of prospective investors for Manitoba small businesses to access and allow more Manitobans to use and take advantage of the Program. — Kyle Mirecki is private equity and securities lawyer in the Winnipeg office at MLT Aikins LLP. This article is of a general nature only and is not exhaustive of all possible legal rights or remedies. In addition, laws may change over time and should be interpreted only in the context of particular circumstances such that these materials are not intended to be relied upon or taken as legal advice or opinion. Readers should consult a legal professional for specific advice in any particular situation.By CHRISTOPHER RUGABER WASHINGTON (AP) — President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission . He will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior . Ferguson is already one of the FTC’s five commissioners, which is currently made up of three Democrats and two Republicans. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Related Articles National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television National Politics | What will happen to Social Security under Trump’s tax plan? National Politics | Republican-led states are rolling out plans that could aid Trump’s mass deportation effort The replacement of Khan likely means that the FTC will operate with a lighter touch when it comes to antitrust enforcement. The new chair is expected to appoint new directors of the FTC’s antitrust and consumer protection divisions. “These changes likely will make the FTC more favorable to business than it has been in recent years, though the extent to which is to be determined,” wrote Anthony DiResta, a consumer protection attorney at Holland & Knight, in a recent analysis . Deals that were blocked by the Biden administration could find new life with Trump in command. For example, the new leadership could be more open to a proposed merger between the country’s two biggest supermarket chains, Kroger and Albertsons, which forged a $24.6 billion deal to combine in 2022. Two judges halted the merger Tuesday night. The FTC had filed a lawsuit in federal court earlier this year to block the merger, claiming the deal would eliminate competition, leading to higher prices and lower wages for workers. The two companies say a merger would help them lower prices and compete against bigger rivals like Walmart. One of the judges said the FTC had shown it was likely to prevail in the administrative hearing. Yet given the widespread public concern over high grocery prices, the Trump administration may not fully abandon the FTC’s efforts to block the deal, some experts have said. And the FTC may continue to scrutinize Big Tech firms for any anticompetitive behavior. Many Republican politicians have accused firms such as Meta of censoring conservative views, and some officials in Trump’s orbit, most notably Vice President-elect JD Vance, have previously expressed support for Khan’s scrutiny of Big Tech firms. In addition to Fergson, Trump also announced Tuesday that he had selected Jacob Helberg as the next undersecretary of state for economic growth, energy and the environment.The Nikkei Sustainable Development Comprehensive Survey is a prestigious assessment that evaluates the environmental, social, and governance (ESG) performance of companies across various industries. Ricoh's consistent recognition in this survey highlights its ongoing efforts to integrate sustainability into all aspects of its operations.
Published 5:39 pm Tuesday, December 10, 2024 By Data Skrive The injury report for the Houston Rockets (16-8) ahead of their matchup with the Golden State Warriors (14-9) currently includes two players. The Warriors also have two injured players listed on the report. The matchup is slated for 9:30 PM ET on Wednesday, December 11. Watch the NBA, other live sports and more on Max. Use our link to sign up today. Get the latest news sent to your inbox The Rockets took care of business in their most recent outing 117-106 against the Clippers on Sunday. Jalen Green recorded 31 points, four rebounds and one assist for the Rockets. In their most recent game on Sunday, the Warriors earned a 114-106 win against the Timberwolves. In the Warriors’ win, Stephen Curry led the way with 30 points (adding four rebounds and eight assists). 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 .In a groundbreaking development, a significant breakthrough has been reported in the field of domestic brain-computer interfaces (BCI) in China. This momentous achievement marks a crucial step forward as Chinese-made BCI devices advance towards clinical trials. With the potential to revolutionize the way we interact with technology and improve the lives of individuals with disabilities, this innovation holds immense promise.
Those who have been fortunate enough to experience the benefits of Sleepgate report feeling more energized, focused, and emotionally balanced. They speak of improved mental clarity, reduced stress levels, and a greater sense of overall well-being. By embracing the principles of Sleepgate, individuals are able to enhance their quality of life and unlock their full potential.Village Committee Responds to Cai Guoqiang's Drone Crash into Sea Due to Signal InterferenceSeibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys