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2025-01-10   

AP News Summary at 3:32 p.m. ESTwhat pays the most in roulette 。

President-elect Donald Trump vowed to make immediate and sweeping changes after he takes office on Jan. 20, such as pardons for those convicted in the attack on the U.S. Capitol, and said he wants to find a legislative solution to keep Dreamers in the country legally. In an interview with Kristen Welker , moderator of NBC News’ “Meet the Press,” Trump also said he’ll work to extend the tax cuts passed in his first term. He said he will not seek to impose restrictions on abortion pills. He plans to deport millions of undocumented immigrants and try to end birthright citizenship. And he said the pardons for Jan. 6 rioters will happen on day one, arguing many have endured overly harsh treatment in prison. > Philadelphia news 24/7: Watch NBC10 free wherever you are “These people are living in hell,” he said. Trump’s first postelection network television interview took place Friday at Trump Tower in Manhattan, where he spoke for more than an hour about policy plans Americans can expect in his next term. Trump said he would fulfill a campaign promise to levy tariffs on imports from America’s biggest trading partners. In a noteworthy moment, he conceded uncertainty when Welker asked if he could “guarantee American families won’t pay more” as a result of his plan. “I can’t guarantee anything,” Trump said. “I can’t guarantee tomorrow.” Trump also said he will not raise the age for government programs like Social Security and Medicare and will not make cuts to them as part of spending reduction efforts led by Elon Musk and Vivek Ramaswamy. Asked if “raising ages or any of that stuff” was “off the table,” Trump agreed, saying, “I won’t do it.” Stories that affect your life across the U.S. and around the world. Trump spoke in a calm, measured tone and at times sparred with Welker when she fact-checked him. He seemed heartened by the scope of his victory on Nov. 5. After winning the popular vote and capturing all seven of the key battleground states, he said with pride, “I’m getting called by everybody.” He’s heard from Jeff Bezos, founder of Amazon and owner of The Washington Post: “We’re having dinner,” he said. “People like me now, you know?” he said, adding: “It’s different than the first — you know, when I won the first time, I wasn’t nearly as popular as this. And one thing that’s very important, in terms of the election, I love that I won the popular vote, and by a lot.” ‘Maybe he should’ Trump did segue into familiar grievances. He would not concede that he lost the 2020 election. Asked how, in his view, Democrats stole that election but not this one even though they control the White House, Trump said, “Because I think it was too big to rig.” He blamed President Joe Biden for the nation’s political divide and heaped insults on perceived foes. Adam Schiff, the incoming Democratic senator from California, is “a real lowlife,” he said. But he delivered something of a mixed message when it comes to political retribution. Trump made clear he believes he’s been wronged, but he also sounded a conciliatory note, saying he will not appoint a special prosecutor to investigate Biden. “I’m not looking to go back into the past,” he said. “Retribution will be through success.” A fear among Trump’s political opponents is that he’ll use the government’s fearsome investigative machinery to exact vengeance. He has chosen two allies for top law enforcement positions: Pam Bondi for attorney general and Kash Patel for FBI director. If confirmed, Trump suggested, they’d have autonomy in how they go about enforcing the law. Yet he also singled out people he believes crossed the line in investigating his actions, calling special counsel Jack Smith “very corrupt.” Members of the House committee that examined the Jan. 6 attack on the U.S. Capitol were “political thugs and, you know, creeps,” committing offenses in going about their work, he said. “For what they did, honestly, they should go to jail,” Trump said. Asked if he would direct the Justice Department and FBI to punish them, Trump said, “No, not at all. I think that they’ll have to look at that, but I’m not going to — I’m going to focus on drill, baby, drill” — a reference to tapping more oil supplies. If Biden wants to do it, he could pardon the committee members, Trump said, “and maybe he should.” Minimum wage, immigration and Obamacare The interview covered a range of topics — during which he continued to keep some space between himself and the conservative “Project 2025” that was intended to be a blueprint for his administration to implement new policies. But while he once disavowed the policy guidebook, he embraced it more closely and agreed some of the drafters are now part of his incoming administration. “Many of those things I happen to agree with,” Trump said. He said he would consider raising the federal minimum wage, which has been $7.25 an hour since 2009, but would like to consult with the nation’s governors. “I will agree, it’s a very low number,” he said. He said he’ll release his full medical records. Trump will be 82 by the time his term ends in 2029 — the same age Biden is now. He said he doesn’t plan to divest from Truth Social, the billion-dollar platform he launched after leaving office. “I don’t know what’s to divest,” he said. “All I do is I put out messages.” And he said he will not try to replace Federal Reserve Chair Jerome Powell, whom he has criticized in the past. He said his children won’t join him as White House aides, a departure from his last term, when daughter Ivanka Trump and son-in-law Jared Kushner both served as senior advisers with West Wing offices. “I’ll miss them,” he said. He didn’t address a question about what role his wife, Melania Trump, will play in the new term, though he described the future first lady as both “very elegant” and “very popular.” Immigration was the centerpiece of Trump’s campaign, and he didn’t flinch in saying he will carry out mass deportation of those who are living in the country illegally. First will be convicted criminals, he said. Pressed on whether the targets would go beyond that group, Trump added: “Well, I think you have to do it, and it’s a hard — it’s a very tough thing to do. It’s — but you have to have, you know, you have rules, regulations, laws. They came in illegally.” It’s also possible that American citizens will be caught up in the sweep and deported with family members who are here illegally, or could choose to go. Asked about families with mixed immigration status, where some are in the U.S. legally and some illegally, Trump said, “I don’t want to be breaking up families, so the only way you don’t break up the family is you keep them together and you have to send them all back.” The expense and logistical complexities of deporting millions of people haven’t deterred him, he said. “You have no choice,” he said. “First of all, they’re costing us a fortune. But we’re starting with the criminals, and we’ve got to do it. And then we’re starting with the others, and we’re going to see how it goes.” An exception might be the “Dreamers” — people who were brought to the U.S. illegally as children and have lived here for years. He voiced openness toward a legislative solution that would allow them to remain in the country. “I will work with the Democrats on a plan,” he said, praising “Dreamers” who’ve gotten good jobs, started businesses and become successful residents. “We’re going to have to do something with them,” he said. He also said he intends to eliminate birthright citizenship, the protection enshrined in the 14th Amendment that guarantees citizenship to anyone born on U.S. soil regardless of their parents. Asked about the likelihood that doing so unilaterally would face legal opposition, Trump said he would consider amending the Constitution. “We’ll maybe have to go back to the people,” Trump said. “But we have to end it.” During Trump’s one debate with Vice President Kamala Harris, he was criticized for saying he had “concepts of a plan” to replace the Affordable Care Act, the health care law signed by President Barack Obama. It’s not clear Trump’s ideas have evolved further. “Obamacare stinks,” he said. “If we come up with a better answer, I would present that answer to Democrats and to everybody else and I’d do something about it.” When will he have a developed plan? “Well, I don’t know that you’ll see it at all,” Trump said, adding that health care experts are studying possible alternatives. Foreign policy Later Friday after the interview, Trump flew to Paris for a ceremony marking the reopening of the Notre Dame Cathedral, which had been devastated by a fire. After arriving, he met privately with French President Emmanuel Macron and Ukrainian President Volodymyr Zelenskyy, who posted on social media that the trio talked about reaching “a just peace” in his country’s war with Russia. Zelenskyy joined for roughly the last 10 minutes of the meeting, a Trump transition official said. In the interview with “Meet the Press,” Trump said he is actively trying to end the war, “if I can,” adding that Ukraine can “possibly” expect it won’t get as much military aid from the U.S. when he’s back in office. He would not commit to keeping the U.S. in NATO, the European military alliance that has been a bulwark against Russia since World War II. “If they pay their bills, absolutely,” he would preserve America’s role in the alliance, he said. On another foreign policy front, Trump expressed doubt that Syrian President Bashar al-Assad will be able to remain in power. “It’s amazing, because he stayed for years under you would think much more adverse conditions, and all of the sudden, just rebels are going and they’re taking over large pieces of territory,” Trump said. “People have bet against him for a long time, and so far that hasn’t worked. But this seems to be different.” ‘No American carnage’ One phrase that leapt out of Trump’s first inaugural address in 2017: “American carnage.” It evoked a nation ravaged by crime and saddled with rusting factories. This time, Trump said the takeaway from his inaugural speech will be different. “We’re going to have a message,” he said. “It will make you happy: unity. It’s going to be a message of unity.” “And no American carnage?” Welker asked. “No American carnage, no,” the 45th and soon-to-be 47th president said. Asked for his message to the Americans who didn’t vote for him, Trump compared them to his most strident supporters — a shift from his campaign rhetoric. “I’m going to treat you,” he said, “every bit as well as I have treated the greatest MAGA supporters.” This article first appeared on NBCNews.com . Read more from NBC News here:

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Details of the per unit distribution amounts are as follows: Final Annual Distributions of Income ETF Series unitholders of record at the close of business on December 31, 2024 will receive the 2024 annual income distributions on January 7, 2025. The ex-distribution date for the 2024 annual income distributions will be December 31, 2024. Purpose expects to announce the final year-end notional distribution of income for Purpose Specialty Lending Trust on or about January 24, 2025, if necessary. Final Annual Capital Gains – Notional Distributions The annual capital gains distributions for the funds listed in table above will be paid as notional distributions. With a notional distribution, the units issued from the distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution. Purpose confirms that the notional capital gain distributions will be applied to ETF holders of record as at the close of business on December 23, 2024 . The ex-distribution date for the notional capital gain distributions will be December 23, 2024. Final Annual Capital Gains – Cash Distributions The respective unitholders of record on December 31, 2024 for the funds listed in the table above will receive the 2024 annual cash distributions on January 7, 2025. The ex-dividend date for the 2024 annual distributions for these ETFs (Purpose Active Balanced Fund – ETF Units, Purpose Active Growth Fund – ETF Units, and Purpose Active Conservative Fund – ETF Units) will be December 31, 2024. The actual breakdown of taxable amounts of reinvested and cash distributions for 2024 tax year, including tax factor allocations, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2025. As an update to the press release issued on November 27, 2024, Purpose confirms that Apple (AAPL) Yield Shares Purpose ETF, Amazon (AMZN) Yield Shares Purpose ETF, NVIDIA (NVDA) Yield Shares Purpose ETF, and Microsoft (MSFT) Yield Shares Purpose ETF will not declare a special annual distribution in 2024. Purpose expects to announce the final year-end distributions for Purpose High Interest Savings Fund – ETF Units, Purpose US Cash Fund – ETF Units, Purpose Cash Management Fund – ETF Units, and Purpose USD Cash Management Fund – ETF Units on or about December 31, 2024, if necessary. Purpose expects to announce the final annual capital gain distributions for Purpose Fund Corp. and Big Banc Split Corp. on or about January 24, 2025, if necessary. Shareholders of record on January 30, 2025 will receive the annual capital gains distributions on February 5, 2025, and such capital gains will be applicable for the 2025 tax year. The final year-end capital gains distributions for these funds will be paid in cash. Purpose confirms that Purpose Mutual Funds Limited funds will not declare annual capital gain distributions for the 2024 tax year. About Purpose Investments Purpose Investments is an asset management company with more than $21 billion under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact: Keera Hart ... 905-580-1257 Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to US news wire services. MENAFN20122024004107003653ID1109018330 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS LocationsBy Sheila Dang and Krystal Hu (Reuters) – U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok’s business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters. McCourt, who formerly owned the Los Angeles Dodgers baseball team, said he has received verbal funding commitments totaling $20 billion from a consortium of investors to rescue the app from legal purgatory as it awaits a Supreme Court decision to determine if it will be forced to sell its U.S. operations. His vision for TikTok includes revamping the company’s advertising model so that users will have control over the ads and type of content they want to see. Over time, TikTok could earn revenue through ecommerce and licensing data for artificial intelligence training models – with users’ consent – which will diminish the business’ reliance on ads. “When you give permission for your data to be used and you receive compensation, it’s flipping this 180 degrees and giving the user the power,” McCourt said this week. The plan faces several hurdles, including TikTok’s repeated assertions that it cannot be divested from its owner, Chinese tech firm ByteDance. McCourt said the bid for TikTok would exclude the algorithm that determines the content that users see, in order to reduce complications for ByteDance. The Chinese government in 2020 added content recommendation algorithms to its export-control list, requiring a divestiture or sale of TikTok’s algorithm to go through its administrative licensing procedures. TikTok’s appeal to the Supreme Court is a last-ditch effort to overturn a law signed by U.S. President Joe Biden that seeks to force a sale over national security concerns, or else the app will be banned on Jan. 19. McCourt said he believes the Supreme Court will uphold the law, after which ByteDance could be open to negotiations. Until then, he is focused on smoothing the path to an acquisition. McCourt said he and his team have had “preliminary conversations” with members of President-elect Donald Trump’s incoming administration. Trump tried to ban TikTok in 2020 but has since reversed his view, saying on Dec. 16 that he has “a warm spot in my heart for TikTok.” A spokesperson for Trump did not respond to a request for comment. The team is also speaking with potential CEO candidates for the new TikTok, McCourt said. One source familiar with the matter said the team approached V. Pappas, TikTok’s former chief operating officer. Pappas did not respond to a request for comment. McCourt declined to name who he is speaking with for the CEO role. The plan for TikTok will also include migrating its technology onto an open-source protocol developed by Project Liberty, an organization founded by McCourt. The protocol would allow users to control their data and easily move it elsewhere on the internet. The plan is influencing the search for a CEO. “This is both a big project to scale the technology that we’ve built, but it is also a vision for a better internet. We’re talking to people who share that vision and have the capacity and skills to do both,” McCourt said. (Reporting by Sheila Dang in Austin and Krystal Hu in Toronto, additional reporting by Katie Paul in New York; editing by Kenneth Li and Richard Chang) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );

Aliens Among Us? What We Know About The Mysterious Drones Buzzing Over New JerseyCathie Wood has stood firm in her commitment to artificial intelligence (AI) long before it was the buzzword of the decade. Her Ark Innovation ETF consistently highlights AI as a prime disruptor poised for extensive growth. This year, AI has significantly boosted Wood’s investment returns, especially with three standout stocks. Palantir Technologies leads the charge for Ark Invest in 2024. Although it ranks fifth in the Ark Innovation ETF holdings, its stock price surged an astounding 380% this year alone. The company has consistently showcased impressive revenue growth each quarter. This momentum was further fueled by its inclusion in prominent indices like the S&P 500 and Nasdaq-100. Moreover, political dynamics also played a role in its rapid rise, aligning well with governmental priorities under the new administration. Nvidia remains a strategic hold for Ark Invest despite some earlier divestments. With its stock rising over 180%, Nvidia’s GPUs have become essential in the AI boom, particularly for training and deploying large language models. CEO Jensen Huang emphasizes a broader industry shift towards accelerated computing, driven not only by AI but also by technical advancements. Tesla , synonymous with Cathie Wood’s investment style, also enjoyed significant gains, climbing over 80% by the year’s end. The political climate bolstered Tesla’s prospects as Elon Musk’s connection with the new administration positioned the company advantageously. As 2025 approaches, opinions vary on the future trajectory of these stocks. While some are cautious about Palantir and Tesla’s valuations, optimism around Nvidia continues to grow. Wall Street analysts predict that Nvidia’s innovations could lead another successful year. AI Investment Trends: Cathie Wood’s Picks and Market Insights As the world dives deeper into the AI revolution, Cathie Wood, CEO of Ark Invest, continues to lead the charge with strategic investments in companies poised for transformative growth. In the ever-evolving landscape of technology and finance, her focus on artificial intelligence has proven to yield substantial returns, reflected in her top picks: Palantir Technologies, Nvidia, and Tesla. Let’s delve into the insights, trends, and future projections for these AI-driven market leaders. Palantir Technologies: A Flagship in AI Disruption Pros and Cons : – Pros : Palantir’s groundbreaking software solutions in data analytics and government contracts solidify its position as a leader in AI. Its stock witnessed a meteoric rise of 380% this year, underpinned by consistent revenue growth and strategic index inclusions. – Cons : Critics point to its high valuation and dependence on government contracts as potential vulnerabilities. Features & Use Cases : – Palantir’s platforms, like Foundry and Gotham, are pivotal in data-driven decision-making across industries, extending from military applications to commercial ventures. Nvidia: Powering the AI Engine Innovations & Technology : – Nvidia’s GPUs are the backbone for AI frameworks, enabling advanced computing tasks crucial for AI model training and deployment. The company’s focus on accelerated computing is set to redefine industries. Market Analysis : – The demand for Nvidia’s offerings continues to rise, with analysts forecasting further growth as AI integrations span sectors like autonomous vehicles, robotics, and cloud computing. Tesla: Electrifying the Future with AI Strategic Insights : – Tesla’s advancements in self-driving technology and energy solutions leverage AI to enhance vehicle performance and sustainability. The company’s stock rose by nearly 80% this year, boosted by Elon Musk’s strategic connections. Limitations & Opportunities : – Tesla faces challenges with regulatory approvals and production targets but continues to push the boundaries with innovations in EVs and renewable energy offerings. Predictions and Market Trends As 2025 approaches, the anticipation surrounding the AI sphere grows. Predictions suggest that companies like Nvidia will capitalize on their technological advancements, driving significant industry shifts. Similarly, Palantir and Tesla are expected to evolve with strategic innovations catering to digital transformation and sustainable energy solutions. Wall Street analysts remain optimistic about these companies, with Nvidia leading the projections for another successful year. In contrast, debates on valuation metrics pose a cautious outlook for Palantir and Tesla, underscoring the dynamic nature of tech investments. For more information or to explore Cathie Wood’s investment strategies, visit the Ark Invest website . In conclusion, Cathie Wood’s commitment to AI investments exemplifies the potential of technological advancements to disrupt and redefine industries. As AI continues to shape the future, her investment choices highlight key opportunities for growth and innovation in the tech market.Saudi Minister of Commerce and National Competitiveness Center (NCC) Chairman of the Board of Directors Majid Al-Kassabi participated in the high-level workshop, "Emerging Trends in Digital Trade Law," in Vienna. The event was organized by the NCC in cooperation with the United Nations Commission on International Trade Law (UNCITRAL). Al-Kassabi headed a delegation of 32 officials representing 20 government entities who participated in the workshop sessions held on Thursday and Friday. The workshop was also attended by Saudi ambassador to Austria Dr. Abdullah bin Khalid Tawlah and UNCITRAL Secretary-General Anna Joubin-Bret. During the opening session, Al-Kassabi said the growing global adoption of digitization has transformed trade, making it more efficient, reliable, and transparent. He emphasized that leveraging advanced and emerging technologies has reshaped local and international trade as well as consumer behavior, noting that Saudi Arabia is keeping pace with the trend through economic reforms. Joubin-Bret noted that digital trade plays a pivotal role in shaping the international trade landscape, explaining that UNCITRAL and its partners, including Saudi Arabia, are working to establish international trade laws that support digital trade. She also the need for member states to collaborate on laws that bolster the digital economy. In the first working session, Global Alliance for Trade Facilitation Deputy Director José Raúl Perale discussed the latest developments in global digital trade law and comprehensive trade digitization. The participants in the workshop included the Ministries of Commerce, Justice, Finance, Economy and Planning, Industry and Mineral Resources, Energy, Foreign Affairs, and Education; the General Authority for Foreign Trade; the Zakat, Tax, and Customs Authority; the Capital Market Authority; the Small and Medium Enterprises General Authority; the Saudi Authority for Data and Artificial Intelligence; the Bureau of Experts at the Council of Ministers; the Saudi Central Bank (SAMA); the Board of Grievances; the National Competitiveness Center; and the Bankruptcy Commission.

Deion Sanders Confirms If Travis Hunter, Shedeur Sanders Will Play in Bowl Game

Abbotsford's Conair Group Inc. has achieved an impressive milestone – the conversion completion of its 20th Dash 8-400 aircraft into aerial firefighters to fight wildfires. Fifteen of those 20 aircrafts have been converted in the last four years alone. According to Conair, demand for the aircraft is strong, with all Dash 8-400AT and Dash 8-400MRE, the multi role variant, being purchased or placed on long term contract by government agencies as the aircraft is completed. "We have been building the airtanker for nearly 20 years,” stated Michael Benson the director of business development at Conair. “We began production in 2005 delivering the first multi role airtanker to the French Government. Since then, year over year we have steadily built and deployed these modern airtankers, in both the multi role and airtanker-only capacity, building our customers’ response ability and modernizing aging firefighting fleets, ensuring the emergency aircraft is ready to respond when needed and not grounded due to repair, lack of parts or obsolescence. In the last four years, we have seen demand surge, driven by increasing numbers of wildfires and fires that are more extreme." France owns and operates eight Dash 8-400MRE, the world’s first multi role large airtanker, heading into its 20th year of operation. Capable of transporting passengers, cargo and critically ill patients, the fleet deploys to fight wildfires plus responds to crises, shipping critical supplies and teams during periods of war or natural disaster. Saskatchewan ordered two Dash 8-400MRE in 2024, along with two Dash 8-400AT, the first of which will be delivered for the 2025 fire season. Australia, Alaska, Washington, British Columbia, and Alberta have all added Dash 8-400AT to their response capability. “In 2025 we plan to deliver three additional Dash 8 airtankers for the fire season," stated Bertrand Lamaison, Conair's director of engineering and customer support. “It takes a long time to engineer, build, certify and deliver a new airtanker type. We have gone through that period of development and have streamlined our processes to maximize our production efficiency. The Dash offers decades of proven operational capability, plus advanced technologies that improve safety and effectiveness.” Conair also owns and operates their own diverse fleet of aerial firefighting aircraft, the largest fixed-wing fleet in the world,including CL415 water scoopers, Fire Boss water scoopers, Dash 8-400AT airtankers, RJ85 airtankers, and AT802 airtankers, plus command and control bird dog lead planes. For more information on Conair, visitHow Poland became one of Europe’s biggest success stories

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