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Bruce Cassidy became the eighth active coach in the NHL to hit the 400-win mark on Thursday when his Pacific Division-leading Vegas Golden Knights held on for a 3-2 victory at Ottawa on Thursday. But the Ottawa native had little time to celebrate. The Golden Knights jumped on a train for Montreal shortly after the contest and will continue a season-long five-game road trip against the resurgent Canadiens on Saturday night. "It feels great," Cassidy said of hitting the 400-win milestone. "You never know where your numbers are going to end up but I'm going to tell you that in this business I'm just worried about No. 401 right now." The win over the Senators was the second game of a back-to-back that began with the team's first shutout loss since early January, 3-0, at Toronto on Wednesday. It was just the fourth road victory in 10 games (4-4-2) for Vegas, which improved 6-0-1 all-time at the Canadian Tire Centre. Ilya Samsonov made 38 saves, including 16 in the final period when the Senators outshot the Golden Knights, 18-5, and Pavel Dorofeyev scored his team-leading 10th goal midway through the third period for what proved to be the game-winner as Vegas snapped a two-game losing streak. "We managed to get it to the finish line," Cassidy said. "That's a good win for the team even though it got a little hectic there but you've got to find ways to win. There are no easy wins in this league, so good on the guys." Now the Golden Knights play a Montreal team that has won two straight and three of its last four games and is coming off an impressive 3-0 blanking of Connor McDavid and the Edmonton Oilers on Monday. Sam Montembeault made 30 saves for his second shutout of the season, Jake Evans had a goal and an assist and Brendan Gallagher and Kaiden Guhle also scored to lead the Canadiens. "I'm just really proud of the way we played tonight," Montembeault said after posting his third career shutout. "The last few games we took a really good step in the right direction defensively and now we've just got to be more consistent with it." Montembeault is 3-1-0 with a 0.93 goals-against average and .966 save percentage and a shutout in his last four games. Montreal outscored Columbus and Edmonton, 8-1, in the two wins but still has allowed an Atlantic Division-high 71 goals this season and is minus-17 in goal differential. "The win was great," Canadiens coach Martin St. Louis said. "Obviously the result. But to me it's how we won that galvanized the group. ... To me, it's how we did it, not so much the result. I feel, right now, we're in a good place to reinforce the stuff that's working." It will be the third game in four nights for the Golden Knights while Montreal is enjoying a rare four-day break. Montreal held team practices on three of those days. "We should come out with some good energy (Saturday)," St. Louis said. "I think our start is (going to be) very, very important." This article first appeared on Field Level Media and was syndicated with permission.
Photo: The Canadian Press FILE - The OpenAI logo is displayed on a cell phone in front of an image generated by ChatGPT's Dall-E text-to-image model, Dec. 8, 2023, in Boston. (AP Photo/Michael Dwyer, File) A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration.Northwest European gasoline refining profit margins rose by around 57 cents on Friday to $7.11 in the first trading session following the two-day Christmas break, as gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) hub fell from the highest in over a year. Around 6,000 tons of Eurobob E5 barges traded. Shell and Trafigura sold to Gunvor and Mabanaft. In the Platts window, Trafigura offered a Mediterranean gasoline cargo. No buyers emerged and no trades were concluded. Gasoline inventories independently held in ARA storage fell by 1% on the week to 1.36 million tons, though remaining at their highest level in over a year, data from Dutch consultancy Insights Global showed. Gasoline cargoes arrived in ARA from the Baltics, Scandinavia and the Mediterranean, while cargoes departed for the Americas and other European regions, according to Insights Global. Meanwhile, overall EU and UK gasoline exports were set to drop in December to 942,000 bpd from 1.13 million bpd in November, according to Kpler. Source: ReutersControversial billionaire Elon Musk hit out at The Sydney Morning Herald after technology editor David Swan published a scathing assessment of his future. In a piece titled ‘Elon Musk quits Tesla, flying cars take off: The predictions for 2025’, Mr Swan described Musk’s leadership of multiple tech companies as “unsustainable”, adding that something would have to give now that he has taken on an active role in the Trump administration. It comes as Trump supporters were this week divided over Musk’s stance on skilled migration – a development Swan cited as one of the “constant controversies and distractions” that would force Musk to step back from Tesla. “It will all come to a head in 2025, and Musk will be forced to hand over the reins at Tesla, a company many mistakenly think he founded.”, Mr Swan wrote. Within hours, Mr Musk fired back on his social media platform X. In a reply to another user’s commentary on the piece, Mr Musk told his 209.7 million followers he predicts “that the Sydney Morning Herald will continue to lose readership in 2025 for relentlessly lying to their audience and boring them to death”. Taking Musk’s Barb on the chin, Mr Swan quoted Musk’s post with a simple two-word reply. “Damn, roasted”, the post read. He later shared a screenshot of the exchange on his LinkedIn account, quipping: “Couldn’t disagree more with Elon on this one.” The Sydney Morning Herald has been approached for comment.
Eli Lilly invests $3B to expand Wisconsin factory to help meet demand for Mounjaro, ZepboundFinkAvenue Intel ( NASDAQ: INTC ) ( NEOE: INTC:CA ) stock's wild ride continued this week as the company said on Monday that CEO Pat Gelsinger was retiring. Shares ended more than 5% higher on the day, but gave up those gains and then some in Tuesday Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The expansion of the Philippines’ total debt from foreign creditors continued outpacing the growth of its total foreign assets during the third quarter of 2024, according to the central bank. Data on the country’s net international investment position (IIP) revealed that the net liability clocked in to $74.2 billion by the end of September, mainly due to a 10.1 percent increase in external financial liabilities, exceeding the 4.8 percent growth in external financial assets. The Bangko Sentral ng Pilipinas (BSP) reported that as of end-September, the country’s foreign debts totaled $328.9 billion, while external financial assets reached $254.7 billion. As per the BSP, foreign portfolio investments (FPI), also known as “hot money”—which can quickly exit an economy during times of uncertainty—was the main driver to the external debt hike. Net hot money expanded by 18.7 percent to $104.4 billion, driven by a 14 percent increase in government debt investments and a 26 percent rise in local company stocks. “The high demand for the newly issued government securities at competitive pricing reflected continued investor confidence in the country’s economic resilience, despite global challenges,” the BSP said in a statement released on Friday, Dec. 27. Meanwhile, nonresidents’ investments in equity securities increased, driven by higher valuations and inflows, reflecting the rise in the Philippine Stock Exchange Index (PSEi). Investor confidence grew due to the country’s strong economic outlook, supported by interest rate cuts, a strong consumer sector, and healthy external payments. Foreign direct investment (FDI) also increased by 6.8 percent to $132.1 billion as foreign investors put more money into local businesses and bonds. At the same time, other investments grew by 6.1 percent to $92.1 billion, as locals took out more foreign loans. The country’s external financial assets grew by 4.8 percent to $254.7 billion, driven by a 7.1 percent increase in reserve assets to $112.7 billion. Additional growth came from higher investments in foreign debt papers, direct debt instruments, and equity capital of foreign affiliates. Despite a 9.5 percent rise in external financial assets, the country’s net external liability position grew by 60.1 percent year-on-year to $74.2 billion due to a 17.9 percent increase in external financial liabilities. As of September, the BSP held the largest share of external financial assets at $117.8 billion, driven by a 7.1 percent increase in gross international reserves (GIR). Other sectors held 39.7 percent of the assets, while the banking sector accounted for 14.1 percent. As for the external financial liabilities, Other Sectors held the largest share at $193.0 billion, driven by increased foreign investments. The government’s liabilities grew to $88.6 billion, while the banking sector and BSP held smaller shares.AP News Summary at 4:15 p.m. EST
A former Gering teacher has been accused of allegedly sending inappropriate text messages to a 10-year-old girl and buying her an expensive necklace and other gifts in an attempt to groom her. Robert DeMaranville, 45, of Gering has been charged with committing felony child abuse by intent, causing no injury. He waived an arraignment hearing and his case was bound over to Scotts Bluff County District Court. According to search warrants filed in connection with the case, an investigation began in April after the Northfield Elementary principal contacted the school resources officer to report a teacher had been texting one of the students. The mother of the student had reported discovering text messages from DeMaranville to the girl on her phone. In those messages DeMaranville called the girl beautiful, told her he loved her and talked about being in a relationship with her, according to court records. People are also reading... The mother reported she checked the girl's text messages after she had come home with an expensive heart necklace. Authorities said other gifts had also been given to the girl. In an interview, the girl said she and DeMaranville had been texting two or three years, beginning when she had been his student. She disclosed DeMaranville had tried to kiss her on one occasion and he had given her hugs. DeMaranville had been teaching at Northfield Elementary since August 2019. His employment with the district ended last spring as a result of the investigation. No disciplinary actions are cited on his teaching certificate according to the Nebraska Department of Education website. Top Journal Star photos for December 2024 Norris' Evan Greenfield (22) scores a layup as Wahoo's Jase Kaminski (13) goes up to defend the basket in the second half on Tuesday, Dec. 10, 2024, at Wahoo High School. Ruby Augustine blows out the candles on her birthday cake during her 105th birthday party on Saturday, Dec. 7, 2024, at the Legacy Retirement Community. Cicely Wardyn of Lincoln adjusts an outdoor heater next to a Nativity scene during the Hometown Christmas event Sunday at the Governor's Mansion. Eddie Walters, dressed as the Grinch, leads the pack of runners along the Billy Wolff trail during the Santa Fun Run on Saturday, Dec. 7, 2024. Nebraska plays against Florida A&M in an NCAA tournament game on Friday, Dec. 6, 2024, at the Bob Devaney Sports Center. Fourth grade student Lulu Kulwick carries her review worksheet to meet with her teacher during computer science class. Each student was asked to analyze how fun, challenging and easy to understand each game was, and discuss what they thought was a good aspect to the game, and what could use some work. Ben Heppner is illuminated by morning light as he waits for the start of the Santa Fun Run on Saturday, Dec. 7, 2024, inside the Fleet Feet store. Nebraska head coach Amy Williams (left) and Callin Hake (14) cheer for their team after a defensive stop during the third quarter of the game against Minnesota on Sunday, Dec. 8, 2024, at Pinnacle Bank Arena. Members of the Lincoln Journal Star's 2024 Super State volleyball team compete in Dance Dance Revolution and air hockey while at a photo shoot on Wednesday, Dec. 4, 2024, at Round 1 Arcade. Lincoln North Star's J'Shawn Afun (10) and Mekhi Wayne-Browne (11) battle Lincoln Southeast's Jaydee Dongrin (21) for a rebound in the first half on Friday, Dec. 6, 2024, at Lincoln Southeast High School. Miami's Flormarie Heredia Colon (left) and Ashley Carr celebrate a point against South Dakota State during an NCAA first-round match, Friday, Dec. 6, 2024, at the Devaney Sports Center. Workers pull up the Capitol Christmas tree on Monday at the Capitol. The 22-foot Colorado spruce from Walton was selected by the Office of the Capitol Commission to be this year’s annual Christmas tree. Jenni Watson helps to arrange chairs for New Covenant Community Church's first service in their repaired main auditorium on Thursday, Dec. 5, 2024, at New Covenant Community Church. New Covenant Community Church is nearing completion of six months of reconstruction project after a fire in May damages the church. While the building was not fully consumed by fire, there was significant water damage to the main auditorium and the first floor south wing. Jack, the dog, lifts his leg on the Christmas tree that his owners David and Karen Petersen of Hickman chose as Max Novak helps them on Saturday at Prairie Woods tree farm in Hallam. Iowa's Drew Stevens (18) kicks a game-winning field goal through the arms of Nebraska's Ty Robinson (9) and Nash Hutmacher (0) on Friday at Kinnick Stadium in Iowa City. Lincoln Northwest senior Kynzee McFadden (top right) works with her teammates as they compete in an identifying game on the Anatomage Table on Tuesday at Lincoln Northwest High School. An Anatomage Table is a digital platform that allows students to perform virtual experiments on a life-size touchscreen. The table is a tool that provides an interactive view of the human body, allowing students to virtually work with different body parts. Dahlia Brandon of Lincoln tickles her 15-month-old daughter, Gema, with a stuffed animal while shopping at HobbyTown on Saturday. The toy and game store nearly doubled its sales on Black Friday from last year. Nebraska's Berke Büyüktuncel (left) and South Dakota's Max Burchill (3) reach for the ball during the first half of the game on Wednesday, Nov. 27, 2024, at Pinnacle Bank Arena. Sign up for our Crime & Courts newsletter Get the latest in local public safety news with this weekly email. {{description}} Email notifications are only sent once a day, and only if there are new matching items.By Clarissa-Jan Lim One day after withdrawing his name from consideration for U.S. attorney general , former Congressman Matt Gaetz has launched a new side hustle making personalized videos for a fee on the website Cameo. Gaetz joined the platform Friday, the same day he announced he would not be sworn in to Congress in January despite his re-election. His fee was initially set at $250 per video, according to Semafor , which first broke the news. By Saturday afternoon, he was charging $525 per video. A Cameo spokesperson told the Pensacola News Journal that Gaetz joined the website on Friday. Gaetz is also promoting his Cameo account in his bio on X . Gaetz’s new gig comes on the heels of a tumultuous few days in his political career . Last week, after President-elect Donald Trump announced Gaetz as his pick for attorney general, the Florida Republican promptly resigned from Congress , upending a House Ethics Committee investigation into allegations of sexual misconduct and illicit drug use against him. (The Justice Department ended a sex trafficking probe against Gaetz last year without bringing any charges.) Gaetz has denied any wrongdoing. The release of the committee’s report then became the subject of intense debate among lawmakers. Gaetz’s allies pressured the committee not to make its findings public, though multiple Republican senators said they were interested in seeing the report prior to his confirmation hearing. With Gaetz no longer in contention for AG, it could relieve the pressure on the panel to release its report. Gaetz follows another high-profile Republican congressman who went to Cameo to capitalize on his notoriety. Late last year, former Rep. George Santos, R-N.Y., began making personalized videos on the platform when he was expelled from the House after an ethics investigation found he had misused campaign cash for personal expenses. Santos has since pleaded guilty to federal fraud charges. While it’s still too early to gauge Gaetz’s success on the platform, Santos proved to be wildly popular . Cameo CEO Steven Galanis told Yahoo News that Santos surpassed his $174,000 annual congressional salary in his first week after joining the website. Clarissa-Jan Lim is a breaking/trending news blogger for MSNBC Digital. She was previously a senior reporter and editor at BuzzFeed News.
North Carolina interviews Bill Belichick for head coaching job, AP sources say North Carolina has interviewed former New England Patriots coach and six-time Super Bowl champion Bill Belichick for its head coaching position. That's according to two people who spoke to The Associated Press on condition of anonymity because the school isn’t commenting publicly on its search. Belichick's interview was first reported by Inside Carolina. It comes a week after the school fired its winningest all-time coach in 73-year-old Mack Brown. The 72-year-old Belichick completed a 24-season run with the Patriots after last season and has been linked to NFL jobs. Blackhawks fire coach Luke Richardson in his 3rd season after league-worst start CHICAGO (AP) — The Chicago Blackhawks have fired coach Luke Richardson, signaling their frustration with the state of the franchise’s rebuilding project. Chicago has dropped four in a row to fall to an NHL-worst 8-16-2 on the season. It was outscored 41-27 while going 3-9-1 in its last 13 games. Anders Sorensen was elevated to interim coach. Sorensen had been coaching the team’s top minor league affiliate in Rockford. Messi and Inter Miami to open Club World Cup against Egyptian club Al Ahly MIAMI (AP) — Lionel Messi and Inter Miami will open the Club World Cup against Egyptian club Al Ahly, with Palmeiras and Porto also part of that group for the tournament that will take place in the U.S. next year. The draw was held Thursday in Miami, with the 32 teams finally finding out their first three opponents in the newly expanded event. The tournament will be held in the U.S. from June 15 to July 13, using 12 stadiums in 11 different cities. The final will be at MetLife Stadium in East Rutherford, New Jersey, the same stadium that will play host to the 2026 World Cup final. The draw for FIFA’s revamped Club World Cup is coming up. Here’s what to know GENEVA (AP) — Soccer’s biggest ever global club tournament comes to the United States next year and the 32-team group stage is drawn Thursday. FIFA relaunched the Club World Cup to be played every four years. A new generation of stars plays in the 11 U.S. cities from June 15 to July 13. One year later they plan to return for the 2026 World Cup. Real Madrid has Kylian Mbappé, Vinícius Júnior and Jude Bellingham. Manchester City has Erling Haaland. Missing out are superstars Cristiano Ronaldo and Robert Lewandowski because Al-Nassr and Barcelona failed to qualify. FIFA ensured an entry for Lionel Messi's Inter Miami. Scottie Scheffler has new putting grip and trails Cameron Young by 3 in Bahamas NASSAU, Bahamas (AP) — Scottie Scheffler has a new putting grip, and it helped him shoot a 5-under 67 in the first round of the Hero World Challenge. He trails Cameron Young by three shots in the 20-man invitational hosted by Tiger Woods. Young was playing for the first time since the BMW Championship more than three months ago and found great success on and around the greens of Albany Golf Club in the Bahamas. He made four birdie putts from 15 feet or longer for his 64. Justin Thomas was two shots back. Thomas and his wife welcomed a daughter a few weeks ago. Pride, bragging rights and more than $115M at stake when final college playoff rankings come out INDIANAPOLIS (AP) — There’s more than just school pride and bragging rights to all that bellyaching over who might be in and who might be out of college football’s first 12-team playoff. Try the more than $115 million that will be spread across the conferences at the end of the season, all depending on who gets in and which teams go the farthest. When it's all said and done, the teams that make the title game will bring $20 million to their conferences, all of which distribute that money, along with billions in TV revenue and other sources, in different ways. George Russell accuses Max Verstappen of bullying and threatening behavior as F1 feud deepens ABU DHABI, United Arab Emirates (AP) — Mercedes driver George Russell has accused Formula 1 champion Max Verstappen of bullying and threatening behavior as a dispute between the two at last week’s race in Qatar deepened. Russell says that “someone needs to stand up to a bully like this” in comments broadcast by Sky Sports. Verstappen said Sunday he had “lost all respect” for Russell over an incident in qualifying for last week's Qatar Grand Prix that saw the Red Bull driver dropped behind Russell on the grid. Luis Severino and Athletics agree to $67 million, 3-year contract, AP sources say Two people familiar with the negotiations tell The Associated Press that right-hander Luis Severino and the Athletics have agreed to a $67 million, three-year contract. Severino can opt out and become a free agent after the 2026 season. Severino’s deal is the largest for the low-budget franchise, topping a $66 million contract for third baseman Eric Chavez covering 2005-10. Severino, who turns 31 on Feb. 20, was a free agent for the second straight offseason after going 11-7 with a 3.91 ERA in his only season with the New York Mets. Olympics leader Bach talks up working with President-elect Trump toward 2028 Los Angeles Games GENEVA (AP) — IOC president Thomas Bach says Olympic leaders are “very confident and relaxed” about working with the incoming Trump administration ahead of the 2028 Los Angeles Summer Games. U.S. President-elect Donald Trump has talked up his own role helping get the games for LA in 2017 but a White House meeting during that campaign with an Olympic delegation including Bach was not a success. The two men could meet again Saturday in the 2024 Olympics host city Paris. They should attend the reopening of Notre Dame Cathedral. U.S. federal support is needed for securing the LA Olympics and issuing visas. Tottenham joins list of top Premier League teams to lose at Bournemouth as fans jeer Postecoglou Manchester City, Arsenal and now Tottenham. The list of top Premier League teams beaten at Bournemouth this season is growing. Dean Huijsen took advantage of Tottenham’s weakness at set pieces to head home a 17th-minute winner in Bournemouth’s 1-0 victory. Some Spurs fans appeared to vent their frustration at manager Ange Postecoglou when he went over to them after his team’s insipid display. Bournemouth climbed into ninth, a point and a place above Tottenham. Title contenders Man City and Arsenal both slipped to their first losses of the campaign at Bournemouth's Vitality Stadium. Alex Iwobi scored goals early and late to lead Fulham to a 3-1 win over Brighton in the other game. Fulham climbed to sixth place.Stocks to Buy Today: IIFL Securities initiated a Buy rating on NIIT Ltd, Escorts Kubota, Glenmark Pharmaceuticals, Balkrishna Industries Ltd, and Usha Martin. New Delhi: IIFL Securities on December 30, 2024 (Monday) recommended buying shares of Balkrishna Industries Ltd, Usha Martin, NIIT Ltd, Escorts Kubota, and Glenmark Pharmaceuticals. The brokerage suggested share price target and Stop Loss for the particular stocks. Usha Mart share price target Giving a Buy rating on Usha Martin shares, IIFL Securities said the stock can be purchased at Rs 384 per equity share with a target price of Rs 400 and Rs 410. The Stop Loss should be maintained at Rs 368. Buy: 384 Target 1: 400 Target 2: 410 Stop Loss: 368 NIIT share price target The brokerage advised the share market investors to buy NIIT shares at Rs 193 apiece. It predicted the counter to rise to the levels of Rs 200-205. It advised the shareholders to position the Stop Loss at Rs 368 Buy: 193 Target 1: 200 Target 2: 205 Stop Loss: 186 Escorts Kubota share price IIFL Securities initiated a Buy rating on Escorts Kubota and advised the investors to pump in money to purchase the stock at Rs 3259 per equity share. The target price should be set at Rs 3356-3420. The sharehodlers are advised to place the Stop Loss at Rs 3160 Buy: 3258 Target 1: 3356 Target 2: 3420 Stop Loss: 3160 Glenmark share price target Glenmark Pharmaceuticals shares are expected to gain and reach the levels of Rs 1640 and Rs 1675. The brokerage advised the investors to buy the counter at Rs 1586 and safeguard the scrip by positioning the Stop Loss at Rs 1533. Buy: 1586 Target 1: 1640 Target 2: 1675 Stop Loss: 1533 Balkrishna Industries share price target IIFL Securities gave a Buy call on Balkrishna Industries, advising the investors to get the stock into their kitty at Rs 2864 per equity share. The brokerage said the stock has the potential to rise to the levels of Rs 2973 and 3050. The Stop Loss needs to be set at Rs 2755, it added. Buy: 2864 Target 1: 2973 Target 2: 3050 Stop Loss: 2755 ( Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds .) Click for more latest Markets news . Also get top headlines and latest news from India and around the world at News9. Biplob Ghosal is Online News Editor (Business) at TV9’s digital arm - News9live.com. Leading the english business editorial team, he writes on various issues related to stock markets, economy and companies. Having over a decade of experience in financial and political journalism, Biplob has been previously associated with Timesnownews.com, Zeenews. He is an alumnus of Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya. Follow him at @Biplob_ghosal.
Elections will come and go, and our great democracy will run on, but at the social level — and not unrelated to politics and economics — some issues need to be tackled head on. One of them is: Are we a nation of hypocrites? Or, to put it more gently, are we as a people, more accepting of the gulf between public posturing and private morality? Do we profess something, and even make it public policy, while in private know that it is all a sham? And, worse, have we forgotten the difference between the two, what we say we believe in, and what we practice in real life? During the freedom movement, under the towering influence of Mahatma Gandhi, there was genuine acceptance of the need for simplicity in public life. Gandhiji popularised Khadi, and that became the livery of public leaders. But soon thereafter, while the livery, complete with Gandhi cap, remained for public consumption, private lifestyles, fuelled by shameless corruption, were marked by wealth, conspicuous consumption, and ostentatious living. Secure in their façade of Khadi, our political role models lived the good life — big bungalows, an army of minions, and every conceivable luxury. The tragedy is that they did, and continue to do so, oblivious to the deceit involved. The Central and state governments run Khadi production corporations, without serious thought to value addition and commercialisation of a genuinely fine product. In the shabby government outlets for Khadi, political workers are the first buyers. Article 47 of the Directive Principles of State Policy of our Constitution recommends that the government should “prohibit the consumption of alcoholic drinks that are harmful to health”. Pursuantly, Gujarat adopted prohibition, Haryana and some other states experimented with it, and Bihar has most recently imposed it in 2016. Discouraging excessive alcohol consumption is a laudable objective. But both our leaders and the public know that prohibition is an unworkable solution. It increases rampant alcohol smuggling, creates powerful liquor mafias, coopts the administration in corruption, encourages the sale of lethal illicit spirits, and deprives the state of much needed resources. Yet, lip service continues to be paid to such a policy. I know so many politicians who drink in public and expensive Scotch in private, Coca Cola laced with unseen rum. In Bihar, alcohol is available everywhere, and the enforcement authorities are complicit in enabling it. The result of this hypocrisy is that even needed policy measures against alcohol abuse are not seriously implemented. The policy of not allowing casinos is motivated by high ethical principles against gambling. But in our country, millions gamble in private, and some even consider it auspicious on Diwali, as an invitation to Lakshmi, the goddess of wealth and prosperity. Billions are spent by common people in betting on , cricket matches, and the results of elections. The networks for unauthorized gambling, are massive, pervasive and organised, functioning without any legal regulatory framework, and with the connivance of enforcement agencies. Indians flock to Kathmandu, London, Macao, Las Vegas — and world over — to casinos, to add to the tourist revenues of those countries, whose ethical standards — incidentally — are often superior to ours. Casinos are legal in Sikkim, Diu and Daman and Goa. In Goa, our hypocrisy is such that they can run only on luxury boats anchored in the Mandovi river, not onshore, lest our high morality is not further diluted. Few people know or remember, that in 2002, the Haryana Assembly passed a law, the Haryana Casino (Licensing and Control) Bill, whose objective was to foster infrastructure growth, attract global investment, increase tourism and create new job opportunities. The Bill never received Central government clearance. In my view, that was an opportunity lost. What our country needs is alternative avenues of employment. Industry is an option, but with automation and Artificial Intelligence, and the need to cut costs, most of these are not labour intensive. The graduates and semi-trained army of the young we produce from sub-standard educational institutions — with a few exceptions — are largely unemployable in high-tech or exacting managerial sectors. In this situation, tourism has a very high potential for job creation. It does not require highly skilled or educated personnel. It is widely dispersed, not over-centralised in just a few states or clusters, provides employment opportunities at lower levels of the educational curve, and has ripple economic effects on a variety of other sectors. Currently, tourism in our country is operating far below its potential and, in comparison with some other nations, including China, operating far below its actual potential. This is particularly unfortunate since there is almost nothing our country lacks in terms of tourist attraction. Our policy on casinos, based on duplicitous moral grounds, needs a rethink for these reasons, as the Haryana government courageously tried once, and not because I am in any way advocating the encouragement of gambling in general. Vegetarianism is becoming another of our ‘moral’ fads, although reliable surveys show that even among Hindus, 52 to 56 per cent are non-vegetarians. Food habits are a matter of individual choice. Beef is not universally banned in India, but keeping the sentiments of Hindus in mind, cow slaughter is rightfully banned in many states. However, we have no qualms in benefiting from the exports of buffalo or ‘carabeef’, of which we are the world’s second largest exporter. Governments have the solemn duty to encourage morality and prevent vice. Ideally, people should only be honest, wear Khadi, abstain from drink, shun gambling and eat sattvik food. But even if this was possible, any attempt to achieve it is deeply vitiated by our hypocrisy. Our national motto is: It is an inspiring clarion call, reflective of the loftiness and courage of our philosophical heritage. Let us honour it in real life, not by encouraging immorality, but by pragmatically recognising our own double standards where morality is concerned, especially where this hypocrisy is hurting the real needs of the people. Only if we get off from our make-belief moral pedestal, can we credibly, effectively and actually rectify such a situation.SEOUL, South Korea — North Korean leader Kim Jong Un vowed to implement the “toughest” anti-U.S. policy, state media reported Sunday, less than a month before Donald Trump takes office as U.S. president. Trump’s return to the White House raises prospects for high-profile diplomacy with North Korea. During his first term, Trump met Kim three times for talks on the North's nuclear program. Many experts however say a quick resumption of Kim-Trump summitry is unlikely as Trump would first focus on conflicts in Ukraine and the Middle East. North Korea's support for Russia's war against Ukraine also poses a challenge to efforts to revive diplomacy, experts say. During a five-day plenary meeting of the ruling Workers’ Party that ended Friday, Kim called the U.S. “the most reactionary state that regards anti-communism as its invariable state policy.” Kim said that the U.S.-South Korea-Japan security partnership is expanding into “a nuclear military bloc for aggression." “This reality clearly shows to which direction we should advance and what we should do and how,” Kim said, according to the official Korean Central News Agency. It said Kim's speech “clarified the strategy for the toughest anti-U.S. counteraction to be launched aggressively” by North Korea for its long-term national interests and security. KCNA didn't elaborate on the anti-U.S. strategy. But it said Kim set forth tasks to bolster military capability through defense technology advancements and stressed the need to improve the mental toughness of North Korean soldiers. The previous meetings between Trump and Kim had not only put an end to their exchanges of fiery rhetoric and threats of destruction, but they developed personal connections. Trump once famously said he and Kim “fell in love.” But their talks eventually collapsed in 2019, as they wrangled over U.S.-led sanctions on the North. North Korea has since sharply increased the pace of its weapons testing activities to build more reliable nuclear missiles targeting the U.S. and its allies. The U.S. and South Korea have responded by expanding their military bilateral drills and also trilateral ones involving Japan, drawing strong rebukes from the North, which views such U.S.-led exercises as invasion rehearsals. Further complicating efforts to convince North Korea to abandon its nuclear weapons in return for economic and political benefits is its deepening military cooperation with Russia. According to U.S., Ukrainian and South Korean assessments, North Korea has sent more than 10,000 troops and conventional weapons systems to support Moscow's war against Ukraine. There are concerns that Russia could give North Korea advanced weapons technology in return, including help to build more powerful nuclear missiles. Ukrainian President Volodymyr Zelenskyy said last week that 3,000 North Korean troops have been killed and wounded in the fighting in Russia's Kursk region. It was the first significant estimate by Ukraine of North Korean casualties since the North Korean troop deployment to Russia began in October. Russia and China, locked in separate disputes with the U.S., have repeatedly blocked U.S.-led pushes to levy more U.N. sanctions on North Korea despite its repeated missile tests in defiance of U.N. Security Council resolutions. Last month, Kim said that his past negotiations with the United States only confirmed Washington’s “unchangeable” hostility toward his country and described his nuclear buildup as the only way to counter external threats.Dwarfed by China in shipbuilding, US looks to build its defense base to fend off war
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