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2025-01-09

Following , details Apple’s efforts to release the ultra-thin . According to the journalist, Cupertino will remove several features to make this innovative iPhone that thin. Ma reports that iPhone 17 Air prototypes are between 5 and 6 millimeters thick, which could possibly make it thinner than the iPhone 6, released a decade ago. While the iPhone 16 is 7.8mm thick, this could make the iPhone 17 Air as thin as the new . Unfortunately, not everything is good news. Apple will have to sacrifice several crucial features to achieve this ultra-thin design. For example, says Apple engineers are “finding it hard to fit the battery and thermal materials into the device,” which means Cupertino will likely have to add a smaller battery to this iPhone. Besides, a major compromise on the iPhone 17 Air might be a single earpiece speaker. According to Ma, “the iPhone will only have a single speaker in its earpiece because there’s no room for a second speaker at the bottom, which is standard in other models.” Sign up for the most interesting tech & entertainment news out there. By signing up, I agree to the and have reviewed the The journalist also confirms another rumored change: the iPhone 17 Air will have a “large, centered camera bump.” That said, , the optical zoom. While A , the chip doesn’t perform as well as Qualcomm’s. The report says it’s more efficient, but it won’t be as fast, and it will lack a feature some US users benefit a lot, the mmWave 5G technology, which Apple’s future processor won’t have. Finally, Apple engineers couldn’t figure out how to add a physical SIM tray to the iPhone 17 Air. While iPhone users in the US are used to that, Apple will have issues, at least in China, which requires phones to be sold with a SIM card. Without this market, sales of this upcoming iPhone might not be as enticing as they could. Wrap up Considering all that, I wonder if these trade-offs are worth it for an all-new iPhone design. I still think Pro users will keep buying Pro phones, while regular iPhone users won’t be enticed to pay extra for this new design. So, who might be this new iPhone for?Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition. Public companies are under a lot more scrutiny and if private, Nordstrom might have more leeway in reviving a department store chain that has been attempting to reinvigorate sales for years. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, or about $4 billion in all, representing a 42% premium on the company’s stock as of March 18, when a potential transaction was reported by the media. The acquiring group will also pick up more than $2 billion in Nordstrom debt. The traditional department stores have suffered in the face of withering competition from giants like Walmart and Target, as well as a host of fast-fashion brands and Amazon.com . Nordstrom rivals Macy’s and Kohl’s have been pressured by major investors to make huge changes in order to return more profit to shareholders. Sales at Nordstrom have essentially flatlined over the past decade or so and it announced last year that it was closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country. Nordstrom first announced plans to expand to Canada in 2012 and opened its first store in Calgary at CF Chinook Centre in September 2014. The offer announced Monday tops the previous $23-per-share bid that the Nordstrom family and Mexican retail group, El Puerto de Liverpool, made in September. The board also plans to authorize a special dividend of up to 25 cents per share, based on Nordstrom’s cash on hand immediately prior to and contingent on the close of the transaction. The deal is expected to close in the first half of 2025, at which time the company’s shares will no longer trade publicly. “While a change in ownership does not automatically remedy all of the problems with the department store operation, it will allow the family and their backers to take a long-term view of the business and make necessary investments and changes away from the short-term scrutiny of public markets,” wrote Neil Saunders, Managing Director of GlobalData, in a note to clients. Nordstrom’s board of directors unanimously approved the proposed transaction, with members Erik and Pete Nordstrom, part of the Nordstrom family taking over the company — recusing themselves from that vote. Following the close of the transaction, the Nordstrom family will have a majority ownership stake in the company. Erik and Pete Nordstrom are the fourth-generation leadership at the Seattle retailer, which was founded in 1901 as a shoe store. Erik is the company’s chief executive and Peter is president. After opening 23 new stores so far this year, the company now operates a combined 381 Nordstrom and Nordstrom Rack stores in the U.S. Nordstrom shares fell about 1.5% Monday, but they are up 34% this year on rumors of a family takeover. The company’s stock is still down considerably from post-pandemic highs above $40 per share. In May of this year, Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, died at age 90. He was one of several Nordstrom family members who in 2017 made a push to take the company private, proposing to buy out the 70% of the department store’s stock they didn’t already own. Those talks failed in 2018 but earlier this year, his sons started another series of buyout negotiations, leading to Monday’s announcement.
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Hezbollah fires more than 180 rockets and other projectiles into Israel, wounding at least 7 BEIRUT (AP) — Hezbollah has fired at least 185 rockets and other projectiles into Israel, wounding seven people in the militant group's heaviest barrage in several days. Sunday's attacks in northern and central Israel came in response to deadly Israeli strikes in central Beirut on Saturday. Israel struck southern Beirut on Sunday. Meanwhile, negotiators press on with cease-fire efforts to halt the all-out war. And Lebanon's military says an Israeli strike on a Lebanese army center in the southwest killed one soldier and wounded 18 others. Israel's military has expressed regret and said its operations are directed solely against the militants. Israel cracks down on Palestinian citizens who speak out against the war in Gaza UMM AL-FAHM, Israel (AP) — In the year since the war in Gaza broke out, Israel's government has been cracking down on dissent among its Palestinian citizens. Authorities have charged Palestinians with “supporting terrorism” because of posts online or for demonstrating against the war. Activists and rights watchdogs say Palestinians have also lost jobs, been suspended from schools and faced police interrogations. Palestinians make up about 20% of Israel's population. Many feel forced to self-censor out of fear of being jailed and further marginalized in society. Others still find ways to dissent, but carefully. Israel's National Security Ministry counters that, “Freedom of speech is not the freedom to incite.” Israel says rabbi who went missing in the UAE was killed TEL AVIV, Israel (AP) — Israel says the body of an Israeli-Moldovan rabbi who went missing in the United Arab Emirates has been found, citing Emirati authorities. The statement from Prime Minister Benjamin Netanyahu’s office on Sunday said Zvi Kogan was killed, calling it a “heinous antisemitic terror incident.” It said: “The state of Israel will act with all means to seek justice with the criminals responsible for his death." Kogan went missing on Thursday, and there were suspicions he had been kidnapped. His disappearance comes as Iran has been threatening to retaliate against Israel after the two countries traded fire in October. The rising price of paying the national debt is a risk for Trump's promises on growth and inflation WASHINGTON (AP) — Donald Trump has big plans for the economy. He also has big debt problem that'll be a hurdle to delivering on those plan. Trump has bold ambitions on tax cuts, tariffs and other programs. But high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. The federal debt stands at roughly $36 trillion, and the spike in inflation after the pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security. Moscow offers debt forgiveness to new recruits and AP sees wreckage of a new Russian missile KYIV, Ukraine (AP) — Russian President Vladimir Putin has signed a law granting debt forgiveness to new army recruits who enlist to fight in Ukraine. The measure, whose final version appeared on a government website Saturday, underscores Russia’s needs for military personnel in the nearly 3-year-old war, even as it fired last week a new intermediate-range ballistic missile. Russia has ramped up military recruitment by offering increasing financial incentives to those willing to fight in Ukraine. Ukraine’s Security Service on Sunday showed The Associated Press wreckage of the new intermediate-range ballistic missile that struck a factory in the central Ukrainian city of Dnipro on Thursday. Forecasts warn of possible winter storms across US during Thanksgiving week WINDSOR, Calif. (AP) — Forecasters in the U.S. have warned of another round of winter weather that could complicate travel leading up to Thanksgiving. California is bracing for more snow and rain while still grappling with some flooding and small landslides from a previous storm. The National Weather Service has issued a winter storm warning for California's Sierra Nevada through Tuesday, with heavy snow expected at high elevations. Thousands remained without power in the Seattle area on Sunday after a “bomb cyclone” storm system hit the West Coast last week, killing two people. After Trump's win, Black women are rethinking their role as America's reliable political organizers ATLANTA (AP) — Donald Trump's victory has dismayed many politically engaged Black women, and they're reassessing their enthusiasm for politics and organizing. Black women often carry much of the work of getting out the vote, and they had vigorously supported the historic candidacy of Kamala Harris. AP VoteCast, a survey of more than 120,000 voters, found that 6 in 10 Black women said the future of democracy was the single most important factor for their vote this year, a higher share than for other demographic groups. But now, some Black women are renewing calls to emphasize rest, focus on mental health and become more selective about what fight they lend their organizing power to. Pakistani police arrest thousands of Imran Khan supporters ahead of rally in the capital ISLAMABAD (AP) — A Pakistani security officer says police have arrested thousands of Imran Khan supporters ahead of a rally in Islamabad to demand the ex-premier’s release from prison. Khan has been behind bars for more than a year. But he remains popular and his party says the cases against him are politically motivated. Police Sunday arrested more than 4,000 Khan supporters in eastern Punjab province, a Khan stronghold. They include five parliamentarians. Pakistan has sealed off the capital with shipping containers. It also suspended mobile and internet services “in areas with security concerns.” Uruguay's once-dull election has become a dead heat in the presidential runoff MONTEVIDEO, Uruguay (AP) — Uruguayans are heading to the polls to choose their next president. In Sunday's election, the candidates of the conservative governing party and the left-leaning coalition are locked in a close runoff after failing to win an outright majority in last month’s vote. It's a hard-fought race between Álvaro Delgado, the incumbent party’s candidate, and Yamandú Orsi from the Broad Front, a coalition of leftist and center-left parties that governed for 15 years until the 2019 victory of center-right President Luis Lacalle Pou — overseeing the legalization of abortion, same-sex marriage and the sale of marijuana in the small South American nation. Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83 NEW YORK (AP) — Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, has died. He was 83. Mark Young, Woolery’s podcast co-host and friend, said in an email early Sunday that Woolery died at his home in Texas with his wife, Kristen, present. Woolery, with his matinee idol looks, coiffed hair and ease with witty banter, was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978. He teamed up with Young for the podcast “Blunt Force Truth” and became a full supporter Donald Trump.
Commerce Bank Sells 792 Shares of Dell Technologies Inc. (NYSE:DELL)
Even while we are all eager for some holiday pleasure, we must remember that Santa Claus’s presence will not exonerate us from some of our financial responsibilities. The Social Security Administration’s (SSA) continued payments throughout December may qualify as a gift. Likewise, the administration will not forget its responsibilities and will continue to ensure that all payments reach their destination on time, just like Santa, even if they make some adjustments and close offices so that employees can spend some time with their families and loved ones. This month’s payment schedule will come with some important changes due to all the upcoming holidays. The SSA will close all offices and not process claims starting tomorrow Those who require service on the major Christmas dates, such as December 25 and January 1, will not be able to get in-person or individual phone service because the SSA offices will be closed on those days. All tasks must be transferred to the website, which will remain accessible throughout these periods. Also, keep in mind that you should contact your local office as soon as possible to schedule a face-to-face meeting, as the SSA has instituted an appointment system that will begin on January 6, 2025. Although walk-ins are still welcome, wait times will increase because those with appointments will be given precedence. SSA’s main financial and insurance programs in the US Most American beneficiaries may already know that the SSA has different financial and insurance programs that provide monthly benefits to retired workers, survivors, disabled people, and SSI recipients . Here are the main important things you need to know about the four programs from Social Security: According to the Social Security payment schedule for this year, all Old-Age, Survivors, and Disability Insurance (OASDI) beneficiaries born between the 21st and 31st of each month, and recipients after May 1997, receive the remaining payment on December 24, a non-holiday day. Even though the 25th is Christmas Day and is a federal holiday, the payment is scheduled to be made on that day. This indicates that to protect beneficiaries from possible delays, the payment will be made early. Moreover, beneficiaries should understand that weekends and national holidays can occasionally cause these payments to be delayed, as they will be in December. For this reason, payments will be adjusted to ensure timely delivery. Recipients will still receive their payments on time, as the change will move them to the day before when banks are open and the U.S. Postal Service is operating. In light of this, at the end of the month, we will observe an extra payment as January 1st falls on a holiday, and thus, the SSA will distribute this payment on December 31st. Besides receiving an early payment, beneficiaries from the Supplemental Security Income (SSI) program will be the first Americans to receive their increased benefits from the cost of living adjustment (COLA) for 2025.
Sony is reportedly in the early stages of developing a new PlayStation handheld device which would likely play PS4 and PS5 games natively. The report arrives courtesy of the ever-reliable , which posited a portable console, while years away, was being discussed privately, as a means to expand Sony’s reach into a new market. The PlayStation Portal, a cloud-based streaming handheld, is reportedly being used as a building block for Sony’s future plans. In fact, was told the device was originally meant to function as a standalone gaming handheld, much like the Steam Deck, before plans were changed. Sony is seemingly looking to revisit this intent in a new handheld device, with the aim for this to be “more accessible and appealing to a wider audience.” notes Sony has been aiming to expand PlayStation’s appeal for several years now, as it aims to make its games more widely accessible, beyond the PS5 ecosystem. Should Sony release a new PlayStation handheld device, it will likely be in contention with Microsoft – the company is – as well as Nintendo, which will announce a Nintendo Switch successor within the next six months, and Valve’s Steam Deck PC handheld. The handheld gaming market is heating up In the last few years, the race to create new gaming handhelds that allow a freedom for users has heated up significantly. What’s worth noting is Sony was formerly an expert in the gaming handheld market. The PlayStation Portable (PSP) was a very early experiment with the technology, and proved to be wildly popular in its era, thanks to robust developer support. It’s estimated the console sold around 80 million units in its ten-year life cycle, making it the 12th best-selling console of all time. Sadly, Sony’s followup device, the PlayStation Vita, fared much worse, selling an estimated 10-15 million units in its life cycle. While many factors influenced this lack of popularity, it’s commonly put down to a lack of developer support, with few major titles releasing on the console. Following this release, Sony largely abandoned its handheld gaming ambitions, instead focussing on launching home consoles for the next decade. Now, it appears the ambition and desire for dedicated handheld gaming devices may have returned – and Sony may once again dip its toes into the market. While believes a potential new PlayStation handheld device isn’t a sure thing, and Sony may choose to leave the idea behind should the market prove volatile, we’ll certainly be keeping an eye out for more updates.UnitedHealth Group: Preparing For December Investor Day, Buy Reiterated
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SEC Announces Punishment For Oklahoma's Field Storming On Saturday
As Guyana aligns itself to become a bilingual nation, Mexican ambassador to Guyana, Mauricio Vizcaíno Crespo explained that this move will not only enhance global trade and competitiveness but also strengthen its ties with the Latin American community. The ambassador made this comment during a recent edition of the Energy Perspectives podcast where he highlighted Mexico’s contribution to Guyana’s Development in terms of education. He noted that currently, several international countries are currently eyeing Guyana as an investment hub due to its growing economy. However, he noted that the lack of a skilled workforce is an obstacle that the country is currently facing. “There are many companies that are willing, that are starting already, already started coming into Guyana and seeing again, the potential of having a very young population and eager population to see what’s in for them in this economic boom so they want to contribute, but they need the tools.” In this regard, He added that with over 1500 tertiary institutions in Mexico, the country could significantly contribute to the enhancement of the local education sector. “And that’s where international partners, such as Mexico, can come into the equation. We have more than 1,500 universities in Mexico, and that includes public universities, private universities, specialisation schools. So, we’re trying to build, again, bridges and connections, networks between the academia in Mexico and here in Guyana.” On, this point the ambassador highlighted that it is also important for the Government to work closely with the private sector. This he noted will ensure that educational institutions are in line with the labour demands within the country. “We have learned a big lesson in Mexico, and that’s that, you have to work hand in hand with the private sector. To know, and I’m talking about the academia, the universities, they have to know what the private sector is, where they are going, what they need, so you stop graduating people that may not find opportunities in the future.” He added, “So that you prepare them from college, university, schools, even technical schools, because that’s some side of education that’s been growing all over the world, and Mexico is no exception. Sometimes the answer is not creating more PhDs and MBAs. Some of the answers rely on the technical side of it, and these are very valuable positions within the labour market.” Moreover, ambassador Crespo highlighted that Mexico could also play an important role in helping Guyana transition into a bilingual nation. “And of course, in helping Guyana embrace this neighbourhood sense, in which most of your neighbours speak a different language. So, also that’s another aspect to how Mexico could help create the objective that you’ve set for yourselves to be a bilingual nation, with either English plus Spanish plus Portuguese plus French and any other of the languages from the neighbours.” Meanwhile, in a move intended to ensure the future generation of the country is not left behind in a rapidly changing economy. President Dr Irfaan Ali had announced last year that Spanish would be a mandatory subject from as early as primary school, he explained that Cabinet members would also be mandated to learn the language. Spanish is the official language of 20 countries and is rated as the world’s second-most spoken native language after Mandarin Chinese, and the world’s fourth-most spoken language overall
From Miles Davis to Carmen McRae, Gerry Mulligan, Thad Jones/Mel Lewis Orchestra and Phineas Newborn Jr. When it comes to music – or indeed any of the arts, we, each one of us has our own lot of favorites. We seek out these recordings whenever we pause to listen. A bit like reaching out to comfort food, our . When we get a bit adventurous and wish to explore sounds beyond our usual orbit, we might seek a list of what is considered the best in class for the genre. In jazz, though there is an ocean of music, a huge mountain of choices available and even the most erudite of compilers of “Jazz greats” will only skim off the top for the most popular of recordings. That leaves us with a large selection of brilliant recordings that haven’t made most lists or rankings. There are so many brilliant artists and inspired recording sessions that may have gone beneath the radar but in fact, are just as thrilling and exciting as those ranked as supreme. For example, when Miles Davis’ top acoustic albums are evaluated, and perhaps are considered for top ranking for most “best of” lists. His album , which is equally exciting, may not even make the shortlist. We decided to delve into some of these sub-radar masterpieces and to try and compile a list from our experience. Again, we choose from a huge stock of delicious recordings! This exercise cannot be completed with just one list. So we have decided to do it in installments. Here goes the first lot, in no particular order: The brilliant jazz pianist, Phineas Newborn Jr. has himself been relatively unknown and under the radar. His playing is superb – he is equally good on ballads and bebop – and we are featuring his 1962 album here. The trio has been competed by Paul Chambers (bass) and Philly Joe Jones (drums) on four tracks and by Sam Jones (bass) and Louis Hayes (drums) on the other two. We rate this album highly. Our favorite piece on this album is “Manteca.” This is a 1970 album re-released in 2002. This is one of the finest-ever jazz orchestras helmed by Thad Jones (trumpet) and Mel Lewis (drums). This band was famous for its Monday Night live performances at New York’s jazz club The Village Vanguard for several years. This album was nominated for a Grammy in 1970 for the best jazz performance by a large group. Our favorite track on this album is “A Child is Born” by Thad Jones. This is one of the most cool and sophisticated ever jazz albums and it does not seem to age at all. First released in 1963, has a star-studded lineup with the leader Gerry Mulligan playing baritone saxophone, Art Farmer on trumpet, Bob Brookmeyer on valve trombone and Jim Hall on guitar. Our personal favorite track here is “Morning of the Carnival.” A live album from 1972, this is easily one of the most listenable vocal jazz albums ever. Carmen McRae has a most compelling voice and style of delivery which are especially highlighted in her live recordings. In this album, McRae is backed by a quartet which includes Joe Pass on acoustic guitar and Jimmy Rowles on piano. A most enjoyable listen – even for listeners not into jazz. Our favorite track here is “Satin Doll.” Having mentioned this twin album earlier in this piece, we were not going to relegate it from this list! These are two separate sessions recorded live on a Friday and a Saturday performance by the Miles Davis Quintet at the jazz club Blackhawk in San Francisco. Miles’ band had just concluded its association with the legendary saxophonists John Coltrane and Julian ‘Cannonball’ Adderley and this band had a couple of new faces. On this live recording are heard Hank Mobley on tenor saxophone and Wynton Kelly on piano, both in scintillating form. From an array of fine performances, we pick “On Green Dolphin Street” as our favorite. As we said at the outset, there is an ocean of unexplored great jazz recordings out there. We shall continue the quest again for more unheralded great albums the next time.
Tesla and SpaceX CEO Elon Musk and Amazon and Blue Origin founder Jeff Bezos are publicly known not to be on great terms. The two have often made subtle jibes at each other. In latest dig, Musk said that the Amazon founder had urged people to sell their Tesla, SpaceX shares because Donald Trump would lose. A claim that Jeff Bezos has strictly denied in a rare post on X, formerly Twitter. In a Twitter post, Musk wrote, "Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock 🤭". Musk did not add as to who was present during the conversation or any other additional context. To this, Bezos replied back: "Nope. 100% not true". Musk then responded to Bezos, “Well, then, I stand corrected,” adding a laughter emoji. Elon Musk vs Jeff Bezos: The richest and second-richest men on planet Incidentally, the two are currently ranked in the top 5 richest men in the world. According to Bloomberg Billionaires Index , Musk ranks at No. 1 with a net worth of $331 billion; Bezos is at No. 2 on the list, with a net worth of $226 billion. The duo have often exchanged positions. For those wondering the open jibes, this is not the first time that the two richest men on the planet have sparred publicly. Musk owns SpaceX, which holds a dominant position in the rocket launch industry and operates the Starlink satellite internet service. Bezos, on the other hand, founded Blue Origin, a space tourism and exploration company, and is heavily invested in Amazon's Project Kuiper, a rival satellite network. Amazon is also the biggest shareholder in Tesla rival Rivian Automotive Inc. The latest public exchange comes as Musk, who spent more than $130 million on Donald Trump's campaign, enjoys a prominent role in US President elect's inner circle, with some calling him First Buddy. Tesla’s shares have jumped more than 30% since November. 5 election, helping Musk’s net worth balloon to more than $340 billion, according to the Bloomberg Billionaires Index. When Bezos-owned Washington Post decided not to endorse Kamala Harris for president In late October, the Bezos-owned Washington Post, which was publicly known to endorse vice president Kamala Harris for President — controversially broke from tradition by deciding that its opinion editors would not support a candidate. The Amazon founder defended the decision as a "principled" one. However, critics slammed the move as "cowardice" terming it an effort to avoid antagonising Trump should he get elected. Several prominent journalists at the paper also reportedly quit due to this. Bezos' support for Trump's victory Bezos congratulated Trump on his "decisive victory" in the US elections. In a post on X on November 6, Bezos wrote, "Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory. No nation has bigger opportunities. Wishing @realDonaldTrump all success in leading and uniting the America we all love".VPG Announces Investor Conference Schedule for December 2024
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