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WASHINGTON (AP) — The chair of the Democratic National Committee informed party leaders on Monday that the DNC will choose his successor in February, an election that will speak volumes about how the party wants to present itself during four more years of Donald Trump in the White House. Jaime Harrison, in a letter to members of the party’s powerful Rules & Bylaws Committee, outlined the process of how the party will elect its new chair. Harrison said in the letter that the committee will host four candidate forums — some in person and some virtually — in January, with the final election on Feb. 1 during the party’s winter meeting in National Harbor, Maryland. The race to become the next chair of the Democratic National Committee, while an insular party affair, will come days after Trump is inaugurated for a second term. Democrats' selection of a leader after Vice President Kamala Harris’ 2024 loss will be a key starting point as the party starts to move forward, including addressing any structural problems and determining how to oppose Trump. Members of the Rules & Bylaws Committee will meet on Dec. 12 to establish the rules for these elections, which beyond the chair position will include top party roles like vice chairs, treasurer, secretary and national finance chair. The committee will also use that meeting to decide the requirements for gaining access to the ballot for those top party roles. In 2021, candidates were required to submit a nominating statement that included signatures from 40 DNC members and that will likely be the same standard for the 2025 campaigns. “The DNC is committed to running a transparent, equitable, and impartial election for the next generation of leadership to guide the party forward,” Harrison said in a statement. “Electing the Chair and DNC officers is one of the most important responsibilities of the DNC Membership, and our staff will run an inclusive and transparent process that gives members the opportunity to get to know the candidates as they prepare to cast their votes.” Two Democrats have announced campaigns for chair: Ken Martin, chair of the Minnesota Democratic-Farmer-Labor Party and a vice chair of the national party, and Martin O’Malley, the former Maryland governor and current commissioner of the Social Security Administration. Other top Democrats are either considering a run to succeed Harrison or are being pushed by party insiders, including former Texas Rep. Beto O’Rourke; Michael Blake, a former vice chair of the party; Ben Wikler, chair of the Democratic Party of Wisconsin; Rahm Emanuel, the U.S. ambassador to Japan and a former Chicago mayor; Sen. Mallory McMorrow, majority whip of the Michigan Senate, and Chuck Rocha, a longtime Democratic strategist. The next chair of the committee will be tasked with rebuilding a party demoralized by a second Trump victory. They will also oversee the party’s 2028 nominating process, a complex and contentious exercise that will make the chair central to the next presidential election. Harrison, of South Carolina, made clear in his letter to the rules committee that the four forums hosted by the party would be live streamed and the party would give grassroots Democrats across the country the ability to engage with the process through those events. He also said he intends to remain neutral during the chair election. This story has been corrected to show that McMorrow is a senator, not a representative.
Casey concedes U.S. Senate race in Pennsylvania
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Tesco F&F release chic fur coat ideal for the winterFIUGGI, Italy (AP) — Foreign ministers from the world’s leading industrialized nations expressed cautious optimism Monday about possible progress on a ceasefire between Israel and Hezbollah. The top diplomats met for the final time before a new U.S. administration takes office with wars raging in the Mideast and Ukraine. “Knock on wood,” Italian Foreign Minister Antonio Tajani said as he opened the Group of Seven meeting outside Rome. “We are perhaps close to a ceasefire in Lebanon," he said. "Let's hope it's true and that there's no backing down at the last-minute.” A ceasefire in Gaza and Lebanon was foremost on the agenda of the G7 meeting in Fiuggi, outside Rome, that gathered ministers from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, in the last G7 encounter of the Biden administration. For the first time, the G7 ministers were joined by their counterparts from Saudi Arabia, Egypt, Jordan, the United Arab Emirates and Qatar, the so-called “Arab Quintet,” as well as the Secretary General of the Arab League. “Everyone favors a ceasefire in both scenarios,” Tajani told reporters, adding that Italy had offered to take on an even greater peacekeeping role in Lebanon to oversee any ceasefire deal. As the ministers arrived in Italy, Israel’s ambassador to the U.S., Mike Herzog, told Israeli Army Radio on Monday a ceasefire deal to end fighting between Israel and the Lebanon-based Hezbollah could be reached “within days.” Several Arab ministers reiterated calls for a ceasefire in both Lebanon and Gaza during a G7-affiliated conference in Rome. “We need a ceasefire, a permanent ceasefire. That will stop the killings and stop the destruction and restore a sense of normalcy to life,” Jordanian Foreign Minister Ayman Safadi told the conference. Egyptian Foreign Minister Badr Abdelatty, for his part, reaffirmed that Cairo would host a minister-level conference next Monday on mobilizing international aid for Gaza. The so-called “Quintet” has been working with the U.S. to finalize a “day after” plan for Gaza. There is some urgency to make progress before the Trump administration takes over in January. President-elect Donald Trump is expected to pursue a policy that strongly favors Israel over the aspirations of the Palestinians. Tajani added another item to the G7 agenda last week after the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas’ military chief. Italy is a founding member of the court and hosted the 1998 Rome conference that gave birth to it. But Italy’s right-wing government has been a strong supporter of Israel after the Oct. 7 Hamas attacks, while also providing humanitarian aid for Palestinians in Gaza. The Italian government has taken a cautious line, reaffirming its support and respect for the court but expressing concern that the warrants were politically motivated. The United States, Israel's closest ally, has called the warrants “outrageous.” Tajani acknowledged consensus hadn't been reached among the G7 members but hoped for agreement to have a unified position. He noted that all sides need Netanyahu to make any deal. “We can also not agree with how his government has led the reaction after the massacre of Oct. 7, but now we have to deal with Netanyahu to arrive at peace in Lebanon, peace in Palestine,” Tajani said. Nathalie Tocci, director of the Rome-based Institute for International Affairs think tank, warned that inserting the ICC warrant into the G7 agenda was risky, since the U.S. is the lone member that is not a signatory to the court and yet tends to dictate the G7 line. “If Italy and the other (five G7) signatories of the ICC are unable to maintain the line on international law, they will not only erode it anyway but will be acting against our interests,” Tocci wrote in La Stampa daily this weekend, recalling Italy’s recourse to international law in demanding protection for Italian U.N. peacekeepers who have come under fire in southern Lebanon. The other major talking point of the G7 meeting is Ukraine , and tensions have only heightened since Russia attacked Ukraine last week with an experimental, hypersonic ballistic missile that escalated the nearly 33-month-old war. Russian President Vladimir Putin said the strike was retaliation for Kyiv’s use of U.S. and British longer-range missiles capable of striking deeper into Russian territory. The G7 has been at the forefront of providing military and economic support for Ukraine since Russia’s invasion in February 2022 and G7 members are particularly concerned about how a Trump administration will change the U.S. approach. Trump has criticized the billions of dollars that the Biden administration has poured into Ukraine and has said he could end the war in 24 hours, comments that appear to suggest he would press Ukraine to surrender territory that Russia now occupies. “It’s hugely important that this G7, that all colleagues across the G7 continue to stand with Ukraine for as long as it lasts,” British Foreign Secretary David Lammy said as he arrived. He announced new sanctions on vessels of Russia's “shadow fleet” of ships that are evading sanctions to export Russian oil. “And we are confident that Ukraine can have the funds and the military equipment and kit to get through 2025,” Lammy said. The G7 foreign ministers’ meeting, the second of the Italian presidency after ministers gathered in Capri in April , is being held in the medieval town of Fiuggi southeast of Rome, best known for its thermal spas. On Monday, which coincides with the International Day for the Elimination of Violence against Women, ministers were attending the inauguration of a red bench meant to symbolize Italy’s focus on fighting gender-based violence. Over the weekend, tens of thousands of people marched in Rome to protest gender-based violence , which in Italy so far this year has claimed the lives of 99 women, according to a report last week by the Eures think tank.Military Spokesman: We will not allow any threat to the state’s sovereignty or stability
IIT Bombay Honors Alumni On 'Alumni Day'; Class Of '99 Pledges ₹21.2 Crore For Legacy Projects
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the "Corporation” or "DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of December 1, 2024 to December 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on December 31, 2024 to shareholders of record as of the close of business on December 13, 2024. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV's objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada's largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada's leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada. DIV's objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows. Forward Looking Statements Certain statements contained in this news release may constitute "forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words "anticipate”, "continue”, "estimate”, "expect”, "intend”, "may”, "will”, ”project”, "should”, "believe”, "confident”, "plan” and "intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the December 2024 dividend to be paid to DIV's shareholders; DIV's objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV's corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV's business and the businesses of its royalty partners can be found in the "Risk Factors” section of its Annual Information Form dated March 21, 2024 and in its most recent Management's Discussion and Analysis, copies of each of which are available under DIV's profile on SEDAR+ at www.sedarplus.com . In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect. All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law. THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE. Additional Information Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com . Contact: Sean Morrison, President and Chief Executive Officer Diversified Royalty Corp. (236) 521-8470 Greg Gutmanis, Chief Financial Officer and VP Acquisitions Diversified Royalty Corp. (236) 521-8471President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp. , and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker. Trump had vowed early in the presidential campaign that he would “instantaneously” block the deal, and he reiterated that sentiment in a post on his Truth Social platform on Monday night. “I am totally against the once great and powerful U.S. Steel being bought by a foreign company” and will use tax incentives and tariffs to make U.S. Steel “Strong and Great Again, and it will happen FAST!” he wrote. “As President,” he continued, “I will block this deal from happening. Buyer Beware!!!” | President Joe Biden , like Trump, also opposes Nippon Steel’s purchase of Pittsburgh-based U.S. Steel. Biden’s White House in September said that it had yet to see a report from the secretive Committee on Foreign Investment in the United States, which was reviewing the transaction for national security concerns. The committee, which is chaired by the treasury secretary and includes other Cabinet members, can recommend that the president block a transaction, and federal law gives the president that power. Ahead of the November election , the proposed merger carried political importance in Pennsylvania, a critical swing state that Trump eventually won. Biden publicly sided with the United Steelworkers, the labor union, in seeking to reject the deal. When he announced his opposition in a March statement , Biden said: “U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated.” Nippon Steel has said it is the only company that can make the necessary investment in U.S. Steel’s factories and strengthen the American steel industry. Both Nippon Steel and U.S. Steel on Tuesday released statements in support of the acquisition. “This transaction should be approved on its merits. The benefits are overwhelmingly clear. Our communities, customers, investors, and employees strongly support this transaction, and we will continue to advocate for them and adherence to the rule of law,” U.S. Steel said. The deal follows a long stretch of protectionist U.S. tariffs that analysts say has helped reinvigorate domestic steel, including U.S. Steel. U.S. Steel’s shareholders have approved the deal, but the United Steelworkers oppose it. In a statement Tuesday, the union said the deal carries “serious long-term implications for U.S. economic and national security.” “It’s clear that President Trump understands the vital role a strong domestic steel industry plays in our national security, as well as the importance of the jobs and communities the industry supports,” the union said. The deal has drawn bipartisan opposition in the U.S. Senate, including from the incoming vice president, Republican Sen. JD Vanc e of Ohio, although the federal government’s objections to the deal have drawn criticism that the opposition is political. Some U.S. Steel workers would prefer Nippon Steel acquire the company, given that it appears to have a better financial balance sheet than another potential buyer, Cleveland-Cliffs. U.S. Steel “provided a very, very good life for our families for a lot of years,” said Jack Maskil, a vice president at the Steelworkers local branch in West Mifflin, Pennsylvania. “And we feel that with the Nippon deal that a lot more families for futures to come will be able to share the same.” West Mifflin Mayor Chris Kelly said he met with Nippon Steel executives and found himself satisfied by their commitments. Located southeast of Pittsburgh, West Mifflin is home to U.S. Steel’s Mon Valley Works–Irvin Plant. “There’s no question in my mind that it’s the best deal moving forward,” Kelly said at a panel hosted on Tuesday by the conservative think tank Hudson Institute, where Maskil was also speaking. Trump’s statement came two weeks after Nippon Steel’s vice chairman, Takahiro Mori, visited Pittsburgh and Washington to meet with lawmakers, local officials and workers in an ongoing persuasion campaign. That campaign has included Nippon Steel’s promises to boost its capital commitments beyond the original deal and, more recently, a pledge that it won’t import steel slabs that would compete with U.S. Steel’s blast furnaces. As part of its proposed $14.9 billion purchase of U.S. Steel, Nippon Steel also pledged to invest at least $1.4 billion in USW-represented facilities, not to conduct layoffs or plant closings during the term of the basic labor agreement, and to protect the best interests of U.S. Steel in trade matters. —Marc Levy and Josh Boak, Associated Press The application deadline for Fast Company’s World Changing Ideas Awards is this Friday, December 6, at 11:59 p.m. PT. Apply today.OMAHA, Neb. (AP) — Creighton point guard Steven Ashworth likely won't play Tuesday in the No. 21 Bluejays' game against San Diego State in the Players Era Festival in Las Vegas. Ashworth sprained his right ankle late in a loss to Nebraska on Friday, and coach Greg McDermott said he didn't know how long he would be out. “He stepped on a guy's foot on a 3-point shot and you're defenseless in that situation," McDermott said after the game. "He torqued it pretty good.” An athletic department spokesman said Monday that Ashworth's status was doubtful for the game against the Aztecs. Ashworth is Creighton's second-leading scorer with 16 points per game and leads the team with 6.4 assists per game. He also is 23 of 23 on free throws. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP collegebasketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024 , PG&E Corporation (NYSE: PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on January 15, 2025 , to shareholders of record as of December 31, 2024 . In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending January 31, 2025 , to be payable on February 15, 2025 , to shareholders of record as of January 31, 2025 . PG&E will pay dividends on its eight series of preferred stock as follows: First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid Per Share Redeemable 5.00 % $0.31250 5.00% Series A $0.31250 4.80 % $0.30000 4.50 % $0.28125 4.36 % $0.27250 Non-Redeemable 6.00 % $0.37500 5.50 % $0.34375 5.00 % $0.31250 About PG&E Corporation PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland, California . It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California . For more information, visit http://www.pgecorp.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/dates-set-for-pge-quarterly-stock-dividends-302319353.html SOURCE PG&E Corporation
WASHINGTON: As a former and potentially future president, Donald Trump hailed what would become Project 2025 as a road map for “exactly what our movement will do” with another crack at the White House. As the blueprint for a hard-right turn in America became a liability during the 2024 campaign, Trump pulled an about-face. He denied knowing anything about the “ridiculous and abysmal” plans written in part by his first-term aides and allies. Now, after being elected the 47th president on Nov. 5, Trump is stocking his second administration with key players in the detailed effort he temporarily shunned. Most notably, Trump has tapped Russell Vought for an encore as director of the Office of Management and Budget; Tom Homan, his former immigration chief, as “border czar;” and immigration hard-liner Stephen Miller as deputy chief of policy. Those moves have accelerated criticisms from Democrats who warn that Trump’s election hands government reins to movement conservatives who spent years envisioning how to concentrate power in the West Wing and impose a starkly rightward shift across the US government and society. Trump and his aides maintain that he won a mandate to overhaul Washington. But they maintain the specifics are his alone. “President Trump never had anything to do with Project 2025,” said Trump spokeswoman Karoline Leavitt in a statement. “All of President Trumps’ Cabinet nominees and appointments are whole-heartedly committed to President Trump’s agenda, not the agenda of outside groups.” Here is a look at what some of Trump’s choices portend for his second presidency. The Office of Management and Budget director, a role Vought held under Trump previously and requires Senate confirmation, prepares a president’s proposed budget and is generally responsible for implementing the administration’s agenda across agencies. The job is influential but Vought made clear as author of a Project 2025 chapter on presidential authority that he wants the post to wield more direct power. “The Director must view his job as the best, most comprehensive approximation of the President’s mind,” Vought wrote. The OMB, he wrote, “is a President’s air-traffic control system” and should be “involved in all aspects of the White House policy process,” becoming “powerful enough to override implementing agencies’ bureaucracies.” Trump did not go into such details when naming Vought but implicitly endorsed aggressive action. Vought, the president-elect said, “knows exactly how to dismantle the Deep State” — Trump’s catch-all for federal bureaucracy — and would help “restore fiscal sanity.” In June, speaking on former Trump aide Steve Bannon’s “War Room” podcast, Vought relished the potential tension: “We’re not going to save our country without a little confrontation.” Vought could help Musk and Trump remake government’s role and scope The strategy of further concentrating federal authority in the presidency permeates Project 2025’s and Trump’s campaign proposals. Vought’s vision is especially striking when paired with Trump’s proposals to dramatically expand the president’s control over federal workers and government purse strings — ideas intertwined with the president-elect tapping mega-billionaire Elon Musk and venture capitalist Vivek Ramaswamy to lead a “Department of Government Efficiency.” Trump in his first term sought to remake the federal civil service by reclassifying tens of thousands of federal civil service workers — who have job protection through changes in administration — as political appointees, making them easier to fire and replace with loyalists. Currently, only about 4,000 of the federal government’s roughly 2 million workers are political appointees. President Joe Biden rescinded Trump’s changes. Trump can now reinstate them. Meanwhile, Musk’s and Ramaswamy’s sweeping “efficiency” mandates from Trump could turn on an old, defunct constitutional theory that the president — not Congress — is the real gatekeeper of federal spending. In his “Agenda 47,” Trump endorsed so-called “impoundment,” which holds that when lawmakers pass appropriations bills, they simply set a spending ceiling, but not a floor. The president, the theory holds, can simply decide not to spend money on anything he deems unnecessary. Vought did not venture into impoundment in his Project 2025 chapter. But, he wrote, “The President should use every possible tool to propose and impose fiscal discipline on the federal government. Anything short of that would constitute abject failure.” Trump’s choice immediately sparked backlash. “Russ Vought is a far-right ideologue who has tried to break the law to give President Trump unilateral authority he does not possess to override the spending decisions of Congress (and) who has and will again fight to give Trump the ability to summarily fire tens of thousands of civil servants,” said Sen. Patty Murray of Washington, a Democrat and outgoing Senate Appropriations chairwoman. Reps. Jamie Raskin of Maryland and Melanie Stansbury of New Mexico, leading Democrats on the House Committee on Oversight and Accountability, said Vought wants to “dismantle the expert federal workforce” to the detriment of Americans who depend on everything from veterans’ health care to Social Security benefits. “Pain itself is the agenda,” they said. Trump’s protests about Project 2025 always glossed over overlaps in the two agendas. Both want to reimpose Trump-era immigration limits. Project 2025 includes a litany of detailed proposals for various US immigration statutes, executive branch rules and agreements with other countries — reducing the number of refugees, work visa recipients and asylum seekers, for example. Miller is one of Trump’s longest-serving advisers and architect of his immigration ideas, including his promise of the largest deportation force in US history. As deputy policy chief, which is not subject to Senate confirmation, Miller would remain in Trump’s West Wing inner circle. “America is for Americans and Americans only,” Miller said at Trump’s Madison Square Garden rally on Oct. 27. “America First Legal,” Miller’s organization founded as an ideological counter to the American Civil Liberties Union, was listed as an advisory group to Project 2025 until Miller asked that the name be removed because of negative attention. Homan, a Project 2025 named contributor, was an acting US Immigration and Customs Enforcement director during Trump’s first presidency, playing a key role in what became known as Trump’s “family separation policy.” Previewing Trump 2.0 earlier this year, Homan said: “No one’s off the table. If you’re here illegally, you better be looking over your shoulder.” Project 2025 contributors slated for CIA and Federal Communications chiefs John Ratcliffe, Trump’s pick to lead the CIA, was previously one of Trump’s directors of national intelligence. He is a Project 2025 contributor. The document’s chapter on US intelligence was written by Dustin Carmack, Ratcliffe’s chief of staff in the first Trump administration. Reflecting Ratcliffe’s and Trump’s approach, Carmack declared the intelligence establishment too cautious. Ratcliffe, like the chapter attributed to Carmack, is hawkish toward China. Throughout the Project 2025 document, Beijing is framed as a US adversary that cannot be trusted. Brendan Carr, the senior Republican on the Federal Communications Commission, wrote Project 2025’s FCC chapter and is now Trump’s pick to chair the panel. Carr wrote that the FCC chairman “is empowered with significant authority that is not shared” with other FCC members. He called for the FCC to address “threats to individual liberty posed by corporations that are abusing dominant positions in the market,” specifically “Big Tech and its attempts to drive diverse political viewpoints from the digital town square.” He called for more stringent transparency rules for social media platforms like Facebook and YouTube and “empower consumers to choose their own content filters and fact checkers, if any.” Carr and Ratcliffe would require Senate confirmation for their posts.Fury as UK’s oldest Xmas market axed by ‘Grinch’ council because it’s TOO popular – & replaced with ‘letdown’ ice trail
The Ensign Group, Inc. ( NASDAQ:ENSG – Get Free Report ) declared a quarterly dividend on Friday, December 13th, Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.0625 per share on Friday, January 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group has increased its dividend payment by an average of 4.7% annually over the last three years and has raised its dividend every year for the last 18 years. The Ensign Group has a payout ratio of 4.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect The Ensign Group to earn $5.58 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 4.5%. The Ensign Group Price Performance Shares of NASDAQ ENSG opened at $133.98 on Friday. The Ensign Group has a 52 week low of $110.71 and a 52 week high of $158.45. The business’s 50 day moving average price is $145.21 and its 200 day moving average price is $141.83. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.68 billion, a P/E ratio of 32.44, a P/E/G ratio of 1.90 and a beta of 0.92. Insider Transactions at The Ensign Group In other news, CEO Barry Port sold 2,000 shares of The Ensign Group stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $155.00, for a total value of $310,000.00. Following the sale, the chief executive officer now owns 53,716 shares in the company, valued at $8,325,980. This trade represents a 3.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Corporate insiders own 3.90% of the company’s stock. Analysts Set New Price Targets ENSG has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price objective on The Ensign Group from $167.00 to $172.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. Truist Financial boosted their price target on The Ensign Group from $160.00 to $170.00 and gave the company a “hold” rating in a report on Monday, October 28th. Stephens raised their price objective on shares of The Ensign Group from $163.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, October 28th. Oppenheimer boosted their target price on shares of The Ensign Group from $165.00 to $168.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, UBS Group began coverage on shares of The Ensign Group in a research report on Thursday, November 21st. They set a “buy” rating and a $175.00 price target on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and an average target price of $164.33. Get Our Latest Analysis on ENSG About The Ensign Group ( Get Free Report ) The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services. Further Reading Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter .GREENWICH, Conn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced that Malcolm Wilson, chief executive officer, has informed the board of directors that he plans to retire in 2025. He will continue to lead the company during the executive search process for his successor. Brad Jacobs, chairman of the GXO Board of Directors, said, "Malcolm's countless contributions to GXO and its legacy parent XPO span nearly a decade. Under his leadership, GXO has added more than $3 billion of revenue and received global recognitions each year for innovation and workplace culture. Our incoming CEO will inherit a best-in-class management team and strong industry positioning, while Malcolm will embark on a well-deserved retirement. I fully support this decision and wish him all the best.” Since being named CEO in August 2021, Mr. Wilson has led GXO's growth to 130,000 employees and more than 200 million square feet of facility space in the Americas, Europe and Asia Pacific. During his tenure, GXO has acquired Clipper Logistics and Wincanton among others; increased revenue from $7.9 billion in 2021 to $11 billion in the twelve months ended September 30, 2024; increased adjusted EBITDA from $633 million in 2021 to $757 million in the twelve months ended September 30, 2024; and achieved a return on invested capital of more than 30% per year. Malcolm Wilson said, "My time at GXO has been the highlight of my three decades in logistics. We have an outstanding organization that embraces new technologies, keeping us at the forefront of the industry. I'm grateful to the team and our customers for their support - and I look forward to working with the Board to ensure the company is in excellent hands.” About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is capitalizing on the rapid growth of ecommerce and automation. GXO is committed to providing a world-class, diverse workplace for more than 130,000 team members in more than 970 facilities totaling approximately 200 million square feet. The company partners with the world's leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions. GXO is headquartered in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn , X , Facebook , Instagram and YouTube . Forward-Looking Statements This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as "plans,” "continue,” "will,” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. Unknown or unpredictable factors could cause actual events to differ materially from the forward-looking statements expressed herein. Contacts Investors Chris Jordan [email protected] Media Matthew Schmidt [email protected]
Trump says he plans to enact new tariffs on Canada, China and Mexico on his first day in his office
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