One of Donald Trump’s biggest legal cases is set to the dropped after a major ruling from the US Justice Department. Special Counsel Jack Smith has moved to drop the US President-elect’s interference case after he allegedly attempt to overturn the results of the 2020 election. In a court motion filed on Monday local time, Mr Smith asked US District Judge Tanya Chutkan to throw out the case ahead of Mr Trump’s inauguration in January. Special counsel Jack Smith filed the court motion on Monday local time. Picture: AFP Donald Trump attends his criminal trial in New York in May. Picture: AFP MORE: Ivanka reveals ‘hurtful toll’ behind Trump snub He said the move would echo the department’s long-standing position not to prosecute a sitting president. “The Government’s position on the merits of the defendant’s prosecution has not changed,” Mr Smith said in the filing with Justice Chutkan. “But the circumstances have. It has long been the position of the Department of Justice that the United States Constitution forbids the federal indictment and subsequent criminal prosecution of a sitting President. “As a result this prosecution must be dismissed before the defendant is inaugurated.” In a post to social media platform Truth Social, Mr Trump responded to the court filing, saying he had “persevered against all odds”. “These cases, like all of the other cases I have been forced to go through, are empty and lawless and should never have been brought,” he wrote. “It was a political hijacking and a low point in the history of our vountry that such a thing could have happened.” The case could be reopened when Mr Trump leaves the White House in four years time, however, his presidential transition team has hailed the move as a “major victory”. MORE: High roller Trump kids’ multimillion dollar digs Mr Trump’s communications director Steven Cheung labelled the move a “major victory for the rule of law.” “The American People and President Trump want an immediate end to the political weaponisation of our justice system and we look forward to uniting our country,” Mr Cheung said in a statement. Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center on November 6. Picture: AFP Special counsel Jack Smith has called for the case to be wrapped up ... for now. Picture: AFP Other Trump cases Mr Trump is also accused of seeking to disenfranchise US voters with his false claims that he won the 2020 election. Mr Smith charged Mr Trump with mishandling top secret documents after leaving the White House, but that case was tossed out by a federal judge in Florida, a Trump appointee, on the grounds that Mr Smith was unlawfully appointed. Donald Trump attends his hush money trial in New York City in May. Picture: AFP Mr Smith had appealed that dismissal but is now expected to drop the appeal. The US Presidental elect has previously labelled both cases by Mr Smith as politically motivated, vowing to fire him after his inauguration. Mr Trump also faces two state cases — in New York and Georgia. He was convicted in New York in May of 34 counts of falsifying business records to cover up a hush money payment to porn star Stormy Daniels on the eve of the 2016 election to stop her from revealing an alleged 2006 sexual encounter. Stormy Daniels leaves Manhattan Criminal Court after testifying at former US President Donald Trump's trial in May. Picture: AFP Judge Juan Merchan has postponed sentencing while he considers a request from Mr Trump’s lawyers that the conviction be thrown out in light of the Supreme Court ruling in July that an ex-president has broad immunity from prosecution. In Georgia, Mr Trump faces racketeering charges over his efforts to subvert the 2020 election results in the southern state, but that case will likely be frozen while he is in office under the policy of not prosecuting a sitting president. All steam ahead Mr Trump has powering through with his cabinet picks this week ahead of his inauguration on January 20. On Saturday local time, Mr Trump announced conservative lawyer Brooke Rollins, his former White House domestic policy adviser, would run the Agriculture Department, with hedge fund manager Scott Bessent picked as Treasury secretary on Friday. However, three important jobs are yet to be decided. All eyes are now on Mr Trump’s selections for US trade representative, as well as the heads of the Council of Economic Advisers and the Small Business Administration - which are set to be selected in the coming days. More Coverage Ironic twist in Trump interest rates fiasco Tarric Brooker ‘Toxic’: Trump lashed over latest pick Matthew Sedacca and Jon Levine, The New York Post Originally published as ‘Major victory’: Trump’s massive new win Read related topics: Donald Trump World Don't miss out on the headlines from World. Followed categories will be added to My News. More related stories Entertainment ‘Here with his mates’: Geldof’s emotional tribute to Liam Payne Sir Bob Geldof has unveiled one of the last recordings made by Liam Payne, in Band Aid’s Do They Know It’s Christmas? charity track. Read more Entertainment Naomi Watts shares devastating family news Australian actress Naomi Watts has opened up about some family news, the second event this year that has left her heartbroken. Read moreXtract One Technologies Inc. ( OTCQX:XTRAF ) Q1 2025 Earnings Conference Call December 6, 2024 10:00 AM ET Company Participants Chris Witty - Investor Relations Peter Evans - Director and Chief Executive Officer Karen Hersh - Chief Financial Officer Conference Call Participants Adhir Kadve - Eight Capital Scott Buck - HC Wainwright Operator Good day, and welcome to the Xtract One Technologies Fiscal 2025 First Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Chris Witty, Investor Relations Adviser. Please go ahead. Chris Witty Good morning, everyone and welcome to Xtract One's Fiscal First Quarter Conference Call. Joining me today is the company's CEO and Director, Peter Evans; and CFO, Karen Hersh. Today's earnings call will include a discussion about the state of the business, quarterly financial results and some of Xtract One's recent milestones, followed by a Q&A session. This call is being recorded and will be available on the company's website for replay purposes. Please see the presentation online that accompanies today's discussion. Before we begin, I would like to note that all dollars are Canadian unless otherwise specified and provide a brief disclaimer statement, as shown on Slide 2. Today's call contains supplementary financial measures. These measures do not have any standardized meanings prescribed under IFRS and therefore may not be comparable to similar measures presented by other reporting issuers. These supplementary financial measures are defined within the company's filed management's discussion and analysis. Today's call may also include forward-looking statements that are subject to risks and uncertainties, which may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the company. No assurance can be given
Nicola Sfondrini - Partner Digital and Cloud Strategy at PWC . Tech professionals are more important to businesses every year, and not just in IT. Departments like marketing, HR and other traditionally nontechnical areas depend on employees who have experience using ever more complex tools. Demand for these skills far outpaces supply; 86% of CIOs recently reported that competition for qualified tech candidates has become more intense, and 73% are concerned about potential attrition in their IT workforce. That’s why it’s critical for companies to retain skilled tech talent. The knowledge gap between seasoned internal talent and new hires can be significant. Current employees have a deep familiarity with a company’s specific technology stack as well as its goals, culture and standards. Even when new hires are available, they still have to be brought on board and trained. What can companies do to ensure that their tech teams not only stay but thrive within their organizations? The answer combines compensation, growth opportunities and continuous learning, as well as creating an environment where people feel valued and trusted. Beyond The Paycheck Offering competitive salaries is essential, of course. Specialized tech roles often command significantly higher salaries than their nontechnical counterparts. The median total compensation for a software engineer in the tech industry is over $500,000 , especially in high-demand areas like AI and data analytics. Salaries at top companies like OpenAI and Google can soar far higher. But not every business can match the million-dollar packages offered by tech giants. Smaller companies can still attract and retain talented tech professionals by focusing on three core areas: career growth, skill development and autonomy. The Fed’s ‘Biggest Nightmare’ Is Suddenly Coming True As Bitcoin Price Surges Elon Musk Xmail Teaser Poses New Threat For Billions Of Gmail Users Mystery Drones Saga: President Biden Calls Sightings ‘Nothing Nefarious, Apparently’ (Updated) Customized Career Paths One of the most effective ways to retain tech talent is by offering flexible, tailored career paths. Many tech professionals don’t follow traditional career trajectories. Instead, they want to broaden their skill sets. Companies that support these goals can create an environment where tech professionals feel they have room to grow both vertically, by deepening expertise in their chosen field, and horizontally, by developing a wider range of complementary skills. This “T-shaped” approach to career development blends deep expertise in one area with broader skills across multiple fields. An AI engineer, for instance, might build on their expertise in AI by learning negotiation or business strategy. A comprehensive development plan lets tech talent contribute meaningfully across multiple teams, which can help keep them interested and engaged. In industries where technology evolves by the hour, continuous learning is essential. Investing in learning and development programs can help retain tech talent by boosting their productivity and effectiveness within the company. Structured learning opportunities like sponsored certifications, specialized courses and on-the-job training build both skills and loyalty. Rethinking Noncompete Agreements Companies have traditionally used noncompete agreements (NCAs) to prevent employees from taking jobs with competitors, believing it would reduce attrition and IP transfer. But NCAs can be frustrating and counterproductive, leading to resentment and, ironically, decreased loyalty. In the tech sector, where skills and knowledge are highly transferable, NCAs can discourage employees from signing on in the first place or from fully engaging even after they’re hired. That’s a large part of the reason the U.S. Federal Trade Commission recently announced a rule banning most NCAs for nonexecutives, recognizing that job mobility can spur innovation and economic growth. Instead of using legal leverage, companies should focus on building an environment where tech talent feels trusted and valued. Protecting IP is still essential, but this can be achieved with solid confidentiality agreements and a culture of loyalty and respect. Moving away from NCAs can also improve a company’s reputation as a fair and supportive workplace, which helps attract new talent. Understanding and addressing the unique needs of tech professionals helps reduce turnover, and also helps safeguard a company’s future. Organizations that prioritize meaningful work, continuous learning and flexible career paths will encourage their best tech talent to stay right where they want them. Fostering A Culture Of Innovation And Experimentation Providing technology talent the freedom to try things out and make something new is a crucial component of a productive work environment. Autonomy allows tech employees to experiment, challenge the status quo and make their mark on the company’s vision. This freedom not only leads to increased job satisfaction but also keeps employees in place, because they feel known and able to make an impact. Creating a fun environment in which tech teams can innovate and challenge one another without fear of failing empowers tech engineers to become more responsible for their work, as well as accelerate both personal and company development. By fostering an environment of innovation, meaningful work, ongoing learning and career mobility, enterprises can create a more engaged, loyal tech workforce ready to tackle new industry issues and stay invested in the company’s long-term viability. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?What to watch for as the 49ers look to save their season with victory over the Rams in Week 15
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