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B. Metzler seel. Sohn & Co. Holding AG Takes $830,000 Position in Axsome Therapeutics, Inc. (NASDAQ:AXSM)Traders working on the floor of the New York Stock Exchange, in New York City, on Nov 22. NEW YORK - Wall Street closed higher on Nov 22, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world’s biggest economy. A measure of business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump’s administration in 2025. The domestically focused small-cap Russell 2000 index outperformed large-cap indexes and rose 1.8 per cent. The index advanced 4.3 per cent for the week, closing at its highest in more than a week. Meanwhile, Alphabet fell 1.7 per cent following Nov 21’s 4 per cent drop, as the US Department of Justice argued to a judge the company was monopolising online search. AI bellwether Nvidia also slipped 3.2 per cent in choppy trading following its quarterly forecast on Nov 20. An index tracking S&P 500 value stocks rose 0.78 per cent as investors rotated out of their growth peers. “I’ve been looking for this leadership change to go from technology to everything else. I think we may be in the midst of that shift. Small caps are acting much better, values are acting better,” said Mr Mark Hackett, chief of investment research at Nationwide. The Dow Jones Industrial Average rose 426.16 points, or 0.97 per cent, to 44,296.51, the S&P 500 gained 20.63 points, or 0.35 per cent, to 5,969.34 and the Nasdaq Composite gained 31.23 points, or 0.16 per cent, to 19,003.65. Industrial stocks led the S&P, rising 1.36 per cent, while consumer discretionary was the biggest sectoral decliner, falling 0.69 per cent. For the week, the S&P 500 gained 1.68 per cent, the Nasdaq rose 1.73 per cent, and the Dow climbed 1.96 per cent. Expectations on the Federal Reserve’s policy move in December have recently swayed between a pause and a cut, as investors weighed the likely impact of Trump’s plans on price pressures. There is a 59.6 per cent probability the central bank will lower borrowing costs by 25 basis points, as per the CME Group’s FedWatch Tool. Geopolitics were top of mind this week as investors monitored a missile exchange between Ukraine and Russia, after Moscow lowered its threshold for a nuclear retaliation. The markets are also awaiting Trump’s Treasury Secretary pick. “The fact that we’ve been calm on a nice, steady stair step pattern higher is very encouraging and reflective of the fact that investors aren’t acting with the emotion that they could be given the amount of uncertainties we’ve faced,” Mr Hackett said. In company news, Gap jumped 12.8 per cent after the Old Navy parent raised its annual sales forecast and said the holiday season was off to a “strong start”. Intuit fell 5.7 per cent after the TurboTax parent projected second-quarter revenue and profit below Wall Street estimates on Nov 21. Advancing issues outnumbered decliners by a 3.2-to-1 ratio on the NYSE where there were 532 new highs and 41 new lows. On the Nasdaq, 3,076 stocks rose and 1,271 fell as advancing issues outnumbered decliners by a 2.42-to-1 ratio. The S&P 500 posted 83 new 52-week highs and one new low while the Nasdaq Composite recorded 179 new highs and 85 new lows. Volume on US exchanges was 13.49 billion shares, compared with the 14.65 billion average for the full session over the last 20 trading days. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel nowSATURDAY'S BOWL GAMES
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When T.M. Krishna received a standing ovation from an overflowing audience at the Music Academy on a bright Christmas morning this year, it marked a momentous point in his musical journey and, indeed, in the history of Carnatic music and the cultural history of South India. Here was a venerable institution, established nearly a century ago to uphold values in Carnatic music, announcing its coveted award to the “enfant terrible” of that world with the cream of the Carnatic audience cheering and congratulating him at his concert leading up to the conferment of the award. Krishna has antagonised many in the Carnatic community by calling it out on its hypocrisies and its exclusive and elitist practices. Over the past few months, there have been embarrassingly shrill protests from a section of the community over the Music Academy’s Sangita Kalanidhi award being conferred on him and by the calls for a boycott of the Academy. But, the large turnout on that day showed that Krishna does not seem to have lost the support of a large section of the community for the sheer brilliance of his music and also showed, possibly, the capacity of this highly intelligent community to acknowledge the truth behind his often abrasive statements. It was not a crowd of liberal, left-wing ideologues but the usual, typical crowd of Carnatic rasikas of the December music season with a generous sprinkling of NRIs. A lady sitting a couple of seats away was the nightmare of every concertgoer. She excitedly identified the ragas for the benefit of everyone around; she sang along and impatiently completed phrases for Krishna whenever he sustained a swara in a kaarvai . It is all about the music If Krishna’s political statements lack nuance and restraint, his music is a stark contrast. “He is completely immersed in his music. It is bhakti, surrender, without a god necessarily in the picture,” observed a friend who teaches at IIT Madras. Also Read | The Carnatic wars As befitted the momentous occasion, Krishna made two remarks about his journey. He had sung on that very same stage 30 years ago with the same accompanists—R.K. Shriram Kumar and Arun Prakash. Amidst all the controversy and anger about Krishna, these two men, especially RKS since he is “orthodox” and not expected to brook Krishna’s “ anti-Brahminical stance ”, have faced the ire for continuing to play with Krishna. In the second historical reference and homage, Krishna sang “ Pankaja Lochana ”, the Swathi Tirunal composition in ragam Kalyani, a song one associates with Semmangudi Srinivasa Iyer, Krishna’s guru. Without naming him, he remarked, “We have heard him sing this at this very venue— avar paadi kettirukkom .” Krishna has evolved as a musician like few others have, challenging the norms and expectations of a Carnatic concert. In an early departure from the norm, Krishna did away with “the list”. The list is just that—a list of songs that are to be included in a concert in a certain order. It is meant to give structure to the concert as a whole and help the audience to relate and anticipate better. And it incorporates “variety”—a range of composers, of talas and ragas. Musicians take great pains to craft a perfect list for every concert. Variety is a strange obsession with the Carnatic audience, and more curious is their taking pride in “the variety” that Carnatic concerts incorporate. Unable to reconcile expectations of offering variety with his artistic quest, Krishna abandoned the list. A fresh take The going was not easy since the list is beloved, but today we go to a Krishna concert without any expectations of what he will include in it and how he might present it. The exquisite “ Javali Jaanaro ” in Khamas was positioned early on in the concert preceded by a Ragamalika alapana ; he sang similar ragas like Mukhari and Manjhi, which does not serve the purpose of variety; he sang a Todi alapana and then switched to Kalyani —nothing surprises us anymore. He has managed to draw the Carnatic audience’s attention towards the quest for the raga rather than exhibitionism of any sort—of repertoire, of vocal prowess, or virtuosic skills. Thoughts, reminiscences, and musings swirled amidst the exhilaration of listening to a gripping concert. What is a raga? Wherein lies its identity? As president of the Academy’s conference this year, Krishna has had a strong role in curating it around the theme of raga, and the historical, technical, aesthetic, and philosophical issues around it were very much in the air. Somewhat adventurously, he sang the raga Poorna Shadjam after a sublime Mukhari. The list would not have permitted such a juxtaposition since the two ragas draw from the same basket of swaras. He entered Poorna Shadjam with tara sthayi avarohi phrases using the swaras Ga Ri, swaras that are common to both ragas. Here were questions of raga aesthetics and identity that are central to this music. Tonal material is inevitably shared between multiple ragas since we only have a very limited number of swaras. Phrases, too, are shared as in this case; Ga Ri Ri is common to both ragas. Should they always be rendered in such a manner—the accent, the srutis, the gamakas —that there is no mistaking which ragam is being sung? In this case, dare I say that Mukhari’s Ga Ri Ri is generally launched from a starting point of an elongated Ri? So that it is always Ri...Ga Ri Ri? And the final Ri is launched from the Sa, while in Poorna Shadjam the final Ri is rendered as a janta prayogam ? Once the raga is established, can one take liberties with this? Unless one does so, expansive alapanas are probably difficult. Or are they? What is the value of an expansive, long alapana ? The audience at the vocal concert of Sangita Kalanidhi T.M. Krishna at the Music Academy on December 25, 2024. | Photo Credit: SRINATH M And why is it important to identify the raga? Why was the lady sitting next to me so invested in figuring out the raga and announcing it excitedly? Consumption of Carnatic music and how listeners engage with it at multiple levels is another large question that teased the mind. As musicologist Dard Neuman has pointed out, listening to this music for some is like reading: an important dimension of listening for one kind of listener of Carnatic music is that we translate into swaras that we hear, and when there is a mismatch anywhere, the experience is thwarted. What implication does this have for this “oral/aural” tradition? Krishna rendered Dikshitar’s “ Jambupathe ”, a wondrous creation, in the majestic version of Sangita Sampradaya Pradarshini, with a sensitive accompaniment by RKS that moved me to tears. I was reminded of the description of the rasika gayaka, a type of singer in Sarangadeva’s Sangita Ratnakara and Sangita Samaya Sara , the 12th century treatise by the Jain scholar Deva. Rasika gayaka is he who is himself suffused with rasa and moves the listeners to tears, the treatise says, and lists several other kinds of singers. Where did all this vocabulary go? Why do not we have something similar or even dissimilar to talk about Carnatic music? Paying tribute As an artist, Krishna not only pushes the boundaries to render compositions of Perumal Murugan and Narayana Guru, but also reclaims legacies such as the courtesan repertoire and the recensions of compositions in the landmark treatise Sangita Sampradaya Pradarshini . This latter task, which RKS too is engaged in, throws into sharp focus the downside of the oral tradition, which is not always successful in the preservation of compositions. These reconstructed compositions glow with austerity and simplicity, which have been lost, no doubt, to the demands of exhibitionism at concerts. “ Varugalaamo iyaa ”—May I come in to have just a glimpse of you? Krishna sang this song almost as if he were singing it to himself. Held together by a quiet rhythm of melancholy and not the tight one of the Misra Chapu, it flowed gently, with Arun Prakash anticipating every phrase with masterly command. It was quite remarkable that the team rendered the composition without the structure of a tala. Why does tala dominate Carnatic concerts so much—that is another big question. Also Read | Can Carnatic music concerts stand alone without the violin? The Carnatic community redeemed itself that December morning by its show of support for Krishna. But it is sobering that those who came to listen to him and support him exultantly were predominantly from the same community he has repeatedly ruffled with “complicated questions and conversations”. It is an interesting community, to say the least. And it is also interesting that Krishna’s efforts are yet to yield newer audiences. A more open stage When Krishna accepted the award, many of his admirers struggled to make sense of his return to the fold. About a decade ago, Krishna had announced his withdrawal from the December season in Chennai for having become excessively commodified and exclusivist. The Sangita Kalanidhi is the highlight of the season and when Krishna accepted it this year, there was a clear contradiction in his stance, to say the very least. Has he been drawn back into the fold, thus nullifying his politics? I would disagree. Not only can we expect Krishna to continue with his work towards greater inclusivity, but the conference at the Academy this year had a distinctly unusual complexion. It included, for instance, a “lecdem” (a portmanteau of lecture and demonstration) on oppari (grief performance) on the hallowed stage of the Music Academy, which would have been deeply repugnant to Brahmanical sensibility. In levelling the field and discussing the music of oppari, gana , and koothu along with ragas as handled by Thyagaraja and Dikshitar, Krishna appears to have stood his ground. Lakshmi Sreeram is a musician and faculty at Ahmedabad University. CONTRIBUTE YOUR COMMENTS SHARE THIS STORY Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp RedditPeering Into Permian Basin Royalty's Recent Short Interest
4 signs you aren't investing enough money as the stock market soarsRIYADH, Saudi Arabia — Under the patronage of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi are organizing the 28th annual World Investment Conference (WIC) from November 25 to 27, in Riyadh. This prestigious event will gather global leaders in investment, government, and international organizations to address the theme, ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’. His Excellency Khalid Al-Falih, Minister of Investment of Saudi Arabia, commented: “Under the wise leadership of the Custodian of the Two Holy Mosques; King Salaman bin AbdulAziz Al Saud and His Royal Highness Crown Prince and Prime Minister, Mohammed bin Salman bin AbdulAziz Al Saud, the Kingdom, driven by its ambitious “Vision 2030”, has become a premier world investment destination and is experiencing unprecedented growth in overall investment amounts and diversity.” “This year’s World Investment Conference in Riyadh will be a platform for sharing our nation’s strategic vision with our partners, and an invaluable opportunity to highlight our status as a trusted partner for sustainable economic growth. We look forward to welcoming investment leaders from around the world to forge partnerships that will benefit both the Kingdom and global economies.” Al-Falih added. Saudi Arabia has become a prime destination for international investors, thanks to reforms under Vision 2030. These reforms, including allowing 100% foreign ownership in specific sectors and streamlining business and visa procedures for rapid approvals, have significantly boosted investor confidence. This investor friendly climate, especially in sectors like renewable energy, logistics and AI, reflects the Kingdom’s dedication to creating an attractive and efficient business environment, and helps to build a resilient economy for Saudi Arabia that stands at the forefront of global innovation and development. Ismail Ersahin, Executive Director and CEO of WAIPA said: “WAIPA is excited to bring the 28th WIC to Riyadh, a city that perfectly embodies the future of investment. The conference will provide a crucial platform for Investment Promotion Agencies and investors to discuss emerging opportunities in a rapidly evolving global landscape. We deeply appreciate Saudi Arabia’s vision and leadership, which will ensure that this edition of WIC is an impactful gathering for all participants.” Key highlights of WIC 2024 will include a range of conference tracks, such as high-level government dialogues, insightful sessions on technology, sustainability, and economic cooperation, as well as practical masterclasses for investment professionals. A dedicated entrepreneurship track will emphasize the transformative role of startups and innovators, while exclusive matchmaking sessions will facilitate strategic partnerships between investors, SMEs, and potential collaborators. Participants will also have the opportunity to celebrate the achievements of Investment Promotion Agencies through the Awards Track, honoring innovation and excellence in investment facilitation. This year’s WIC promises to be a pivotal forum aligned with global investment drivers: the disruptive influence of technology and artificial intelligence (AI), global supply chain resilience, energy transition towards sustainability, and the transformative role of entrepreneurs and startups in reshaping investment landscapes traditionally led by multinational corporations. Leaders and stakeholders will discuss and explore how these factors are redefining economies and driving forward-looking investment models worldwide. With its focus on scaling investment opportunities, WIC 2024 is designed to empower attendees with the tools, knowledge, and connections necessary to drive meaningful economic impact. *Source: AETOSWire :
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In a lost season, there are plenty of "what ifs" to go around. The Chicago Bears have found interesting and outright baffling ways to lose a handful of football games this year. How different would the season be if all those close games went the other way? Kford Ratings released a graphic showing the updated standings if every NFL team's one-score games were flipped. Bears fans, look away if you are easily disturbed by graphic images... I want to jump off a bridge pic.twitter.com/pWM0h8j4Be The Chicago Bears would currently hold the number two seed in the NFC and be well-positioned for the postseason. The margin for error in the NFL is razor-thin. Teams that are well-coached and well-prepared rise to the occasion during close games, while ones that are poorly coached and lack focus frequently lose out. On Sunday, the defending Super Bowl Champion Kansas City Chiefs won their record 15th one-score game in a row with their win over the Los Angeles Chargers. Meanwhile, the Chicago Bears were an NFL worst 5-17 in one-score games during Matt Eberflus ' tenure. The good news for the Bears, at least, is that they didn't add to that terrible stat during their recent game against the San Francisco 49ers. This article first appeared on On Tap Sports Net and was syndicated with permission.
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Kidoz Inc. Announces Results of 2024 AGMLions rush for 3 scores and use stingy defense to beat Colts 24-6 for 9th straight winMARICOPA COUNTY, Ariz. — A recount of Maricopa County's election results shows one candidate in the Town of Fountain Hills won their race by only a handful of votes. The contest between Peggy McMahon and Mathew Corrigan for the Fountain Hills Town Council was close enough after Election Day on Nov. 5 to trigger an automatic recount under Arizona law. On Monday, the county's recount results were unsealed and showed McMahon earned 6,592 votes and McMahon received 6,585, affirming McMahon's reelection victory with only a seven-vote lead. No variances in results were identified in the recount for the council race. McMahon and Rick Watts are now expected to be sworn in as the town's council members during a special meeting on Dec. 10. RELATED: Winner revealed in close sheriff's race after election recount in Arizona RELATED: State officials certify Arizona's election results Watch 12News for free You can now watch 12News content anytime, anywhere thanks to the 12+ app! The free 12+ app from 12News lets users stream live events — including daily newscasts like "Today in AZ" and "12 News" and our daily lifestyle program, "Arizona Midday"—on Roku, Apple TV and Amazon Fire TV . 12+ showcases live video throughout the day for breaking news, local news, weather and even an occasional moment of Zen showcasing breathtaking sights from across Arizona. Users can also watch on-demand videos of top stories, local politics, I-Team investigations, Arizona-specific features and vintage videos from the 12News archives. Roku : Add the channel from the Roku store or by searching for "12 News KPNX." Amazon Fire TV : Search for "12 News KPNX" to find the free 12+ app to add to your account , or have the 12+ app delivered directly to your Amazon Fire TV through Amazon.com or the Amazon app.
Can Rolls-Royce shares keep on soaring in 2025?T.M. Krishna’s Music Academy concert: A return to the fold on his own termsPolitical parties, academicians pay tributes to Dr. Manmohan Singh in VizagA real-life "Succession" battle for Rupert Murdoch's media empire has ended with a Nevada court commissioner denying the billionaire's bid to change a family trust and give control to his eldest son. The case pitted the 93-year-old against three of his children over who would gain the power to control News Corp and Fox News when he dies. It has been reported that Mr Murdoch wanted to amend a family trust created in 1999 to allow his son Lachlan could take control without "interference" from his siblings Prudence, Elisabeth and James. A Nevada commissioner ruled Mr Murdoch and Lachlan had acted in "bad faith" and called the efforts a "carefully crafted charade", . In a statement, a spokesperson for Prudence, Elisabeth and James, said: "We welcome Commissioner Gorman's decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members." Adam Streisand, a lawyer for Mr Murdoch, told the New York Times they were disappointed and planned to appeal. The BBC has contacted Mr Streisand for comment. The famous family was one of the inspirations behind the hugely popular TV series Succession - something the Murdochs have always refused to comment on. But, according to the New York Times report, which is based on a copy of the sealed court ruling, the billionaire's children had started discussing their father's death and how they would handle it after an episode of the HBO series where "the patriarch of the family dies, leaving his family and business in chaos". The episode led to Elisabeth's representative to the trust writing a "'Succession' memo" that sought to prevent this from happening in real life, said reports. Mr Murdoch, who has been married five times, also has two younger children, Grace and Chloe, who do not have any voting rights under the trust agreement. The case was launched after Mr Murdoch decided to change the trust over worries about a "lack of consensus" among the children, the Times reported. Lachan is thought to be more conservative than his siblings and would preserve the legacy of his media brands. From the 1960s, Mr Murdoch built up his media empire into a globe-spanning media giant with major political and public influence. His two companies are News Corporation, which owns newspapers including the Times and the Sun in the UK and the Wall Street Journal in the US, and Fox, which broadcasts Fox News. Mr Murdoch had been preparing his two sons to follow in his footsteps, beginning when they were teens, journalist Andrew Neil told the 2020 BBC documentary The Rise of the Murdoch Dynasty. "Family has always been very important to Rupert Murdoch, particularly from the point of view of forming a dynasty," the former Sunday Times editor said. In 1999, the Murdoch Family Trust, which owns the media companies, was supposed to largely settle the succession plans. It led to Mr Murdoch giving his eldest children various jobs within his companies. The trust gives the family eight votes, which it can use to have a say on the board of News Corp and Fox News. Mr Murdoch currently controls four of those votes, with his eldest children being in charge of one each. The trust agreement said that once Mr Murdoch died, his votes would be passed on to his four eldest children equally. However, differences in opinions and political views were said to lead to a family rift. The battle over changes to the trust were not about money, but rather power and control over the future of the Murdoch empire. The commissioner's ruling is not final, the Times reports. The court filing acts as a recommended resolution but a district judge will still weigh in and could choose to rule differently.
The most important thing President Joe Biden did this week had nothing to do with his son Hunter. It was his trip to Angola, which sought to put the United States back on the map in a region where much of the world’s future will be shaped. This will be, increasingly, an African century. The continent’s population has grown from 283 million in 1960 to more than 1.5 billion this year, and by 2050 that number will soar to 2.5 billion, according to United Nations projections. At that point, one of every four human beings on the planet will be African. And the fact that populations in other regions are aging — and leveling off or even declining — means that Africa will be home to an increasing share of the world’s working-age adults.
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Two residents were rushed to a hospital after a house fire in Bay Shore on Saturday morning destroyed part of a home, according to authorities. The fire, which was reported around 8:11 a.m. on Santam Court, took about half an hour to extinguish, according to Kyle Voges, second assistant chief at the Bay Shore Fire Department. "It was an extensive fire on the side of the house when we arrived on scene, and we put three hose lines in operation and made an aggressive interior attack to put out the fire," Voges said. The two people were transported to South Shore University Hospital in Bay Shore for smoke inhalation, according to the Suffolk County Police Department. The two residents taken to the hospital were not rescued from the building, according to Voges. Because of the extensive damage to the house, it is probably not habitable, he said. The biggest news, politics and crime stories in Suffolk County, in your inbox every Friday at noon. By clicking Sign up, you agree to our privacy policy . Bay Shore, Islip, West Islip and Islip fire departments all responded to the fire, he said. The Suffolk County Fire Marshall's office and Suffolk police are investigating the cause of the fire, according to the police department.
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