If U.S. president-elect Donald Trump lives up to his word and imposes a 25 per cent tariff on all imports from Canada, it would have a catastrophic impact on both sides of the border, throw an already-sputtering Canadian economy into a recession, and put the long-term future of the auto industry in this country into question, economists and trade experts say. The two countries’ economies are so intertwined — particularly in the manufacturing and energy sectors — that hitting Canada would also have a heavy impact on the U.S., argued Pedro Antunes, chief economist at the Conference Board of Canada. “This will be devastating for the Canadian economy, and devastating for the U.S. economy as well,” said Antunes. While manufacturers aren’t likely to shut down Canadian production or shift plants to the U.S. immediately, in the longer-term, they’ll likely be taking a hard look at whether they want to risk access to American consumers. “We’re going to see a deterioration of our attractiveness as an investment destination, because a lot of it is based on our access to the American economy,” said Antunes. “I think this could shut down the automotive industry in Canada.” The first impact American consumers would be likely to face is increased prices at the gas pump — particularly in the Midwest, where Canadian crude oil keeps refineries going at full-tilt, said Antunes. “There’d be an almost immediate impact on gasoline prices in the U.S., because they import a lot of Canadian crude. And we know how sensitive consumers in Canada and U.S. are to gasoline prices,” said Antunes. If the tariffs are 25 per cent across the board on all Canadian imports, the Canadian economy would shrink by 2.6 per cent, University of Calgary economist Trevor Tombe estimated. “And that’s just the straight impact of the tariffs, without any of the knock-on effects, or uncertainty, so it’s almost surely an underestimate,” said Tombe. “That’s basically a recession. The typical retraction is about three per cent in a recession.” Earlier this year, Tombe had prepared a tariff impact paper for the Canadian Chamber of Commerce, based on 10 per cent tariffs. After updating the numbers hastily following Trump’s Monday evening announcement on his Truth Social site, he found the potential impact to be even more grim. That 2.6 per cent drop in economic output translates into an annual loss of $78 billion for the Canadian economy, Tombe estimated. Tombe added that the tariffs would cause significant job losses, particularly in the hardest-hit sectors. “No question, there will be job losses. The tariff will result in reduced output in these heavily affected sectors, and with less production, they’re naturally going to lay off workers,” said Tombe. The U.S. market accounted for roughly 75 per cent of Canadian exports, a BMO report from economist Robert Kavcic found, making up about a quarter of Canada’s GDP. Canada sent $173 billion to the U.S. in energy exports alone last year, Kavcic’s report found, and tariffs would mean an immediate impact of higher oil and consumer gas prices in the U.S. The higher prices on goods from Canada flowing into the U.S. could depress demand for them, which could drag down an already shaky Canadian economy, Kavcic added. For the manufacturing sector, the impact of a full 25 per cent tariff would be devastating, warned Dennis Darby, CEO of Canadian Manufacturers and Exporters. While it might not happen in exactly the form Trump has threatened, Darby said Canada can’t afford to take the sabre-rattling lightly. “When the incoming president says he’s going to do that on Day 1, you have to take that as credible,” said Darby. In the auto sector, supply chains are so intertwined across the border that it’s hard to believe Trump would implement tariffs across the board, argued Flavio Volpe, CEO of the Automotive Parts Manufacturers’ Association. “It would be like taking a sledgehammer to his own foot,” said Volpe, who estimated that roughly half of the parts going into Canadian-made cars are sourced from U.S. producers. “We’re so integrated in the automotive industry. So there’s no way to separate the American interests from the Canadian interests here,” said Volpe. While acknowledging that Trump isn’t immune from cutting off his nose to spite his face, his first term in office shows at least some glimmer of hope for rational economic action — at least eventually, Volpe added. “He did put a national security tariff on aluminum from Quebec that U.S. defence interests need. So for a while, he taxed his own military to make a point. But I’ll remind everybody that that was also a short-term point. And that we have leverage,” said Volpe. That leverage, says Volpe, comes from desperately needed Canadian critical minerals and energy resources such as oil and gas. Both of those, said Volpe, would help the U.S. loosen its trade ties with China. “You need independence from the Chinese sphere. And that comes from the resources we have in this country,” said Volpe. “We’ll be inside the tent by the time it’s all said and done, if we put in our best efforts to demonstrate that their best interests extend to this side of the border.” Laura Dawson, executive director of the Future Borders Coalition, doesn’t expect the tariffs to hit across the board. “I feel pretty confident that Canada can negotiate its way out of many of these tariffs because, for example, the U.S. imposing a tariff on Canadian oil and gas will have an immediate effect on U.S. consumers,” Dawson said. “What we know from Trump 1.0 is he does what he says. If he has a plan, he usually acts on it, but he doesn’t act on it with the magnitude that he could.” The worst case could see tit-for-tat retaliatory tariffs, a stalemate and the same politics that led to the Great Depression, Dawson warned. With files from Tonda MacCharles80jili 80 。

Asmara, 24 November 2024 – Mr. Yusuf Saiq, Head of Organizational Affairs of the PFDJ, conducted a seminar for participants of the 13th annual festival of the Eritrean community in Qatar. During the seminar held in Doha on 23 November, Mr. Yusuf Saiq provided an extensive briefing on the current situation in the homeland and the implementation of national programs aimed at ensuring social justice. He also discussed regional developments and their implications. Mr. Yusuf highlighted the Government of Eritrea’s substantial investments in establishing social service institutions, including those focused on education, health, potable water projects, and energy. He noted the commendable achievements made in these areas and elaborated on future projects targeting remote areas of the country. Emphasizing the importance of strengthening Eritrean communities abroad, Mr. Yusuf stated that doing so reinforces their bond with their homeland. He urged nationals to enhance their organizational capacity, unity, and active participation in national affairs. The participants expressed their commitment to increasing their involvement in the implementation of national development programs.Pixalate Releases Q3 2024 North America Invalid Traffic (IVT) & Ad Fraud Benchmarks: United States Most At Risk to Ad Fraud on CTV (22% IVT Rate) & Mobile Apps (22%); Canada Has 17% Web IVT Rate

WASHINGTON (AP) — Former Rep. Matt Gaetz said Friday that he will not be returning to Congress after withdrawing his name from consideration to be attorney general under President-elect Donald Trump amid growing allegations of sexual misconduct. “I’m still going to be in the fight, but it’s going to be from a new perch. I do not intend to join the 119th Congress,” Gaetz told conservative commentator Charlie Kirk, adding that he has “some other goals in life that I’m eager to pursue with my wife and my family.” The announcement comes a day after Gaetz, a Florida Republican, stepped aside from the Cabinet nomination process amid growing fallout from federal and House Ethics investigations that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. The 42-year-old has vehemently denied the allegations against him. Gaetz's nomination as attorney general had stunned many career lawyers inside the Justice Department, but reflected Trump's desire to place a loyalist in a department he has marked for retribution following the criminal cases against him. Hours after Gaetz withdrew, Trump nominated Pam Bondi, the former Florida attorney general, who would come to the job with years of legal work under her belt and that other trait Trump prizes above all: loyalty. It's unclear what's next for Gaetz, who is no longer a member of the House. He surprised colleagues by resigning from Congress the same day that Trump nominated him for attorney general. Some speculated he could still be sworn into office for another two-year term on Jan. 3, given that he had just won reelection earlier this month. But Gaetz, who has been in state and national politics for 14 years, said he's done with Congress. “I think that eight years is probably enough time in the United States Congress," he said. Farnoush Amiri, The Associated PressHow do you cut through government red tape? It’s not easy, as several Fort Worth startups can attest. Fort Worth-area entrepreneurs looking to do business or partner with the federal government made presentations to U.S. Rep. Marc Veasey, D-Fort Worth, on Nov. 25 at TechFW. They discussed the challenges they faced in working with and selling to the federal government. “I think it’s more important now that we talked with our entrepreneurs than ever before,” he said. “With Dickies leaving, I think it’s pretty clear that Fort Worth is going to be a town that is going to be very dependent on small businesses and entrepreneurs. We need to provide all the help we can to the people in that space to help power our economy and make sure we have a robust business culture here.” Jay Dixson, co-founder and CEO of RaidoHub, a startup that has developed a predictive software tool for airport managers to provide better customer service to travelers, has been working to connect with the Transportation Security Administration to help reduce passenger wait times at security checkpoints. RaidoHub has some contracts with airports such as JFK International Airport in New York and the Corpus Christi International Airport, but Dixson would like to work with the TSA to see how their technology could be used to improve a customer’s experience through security checkpoints. “That would be a great opportunity for us,” said Dixson. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. Galaxy Unmanned Systems LLC, which provides unmanned air services for sports broadcasting and other applications, has had to pivot to military applications because of more restrictive regulations regarding unmanned systems. Jason White, co-founder and managing partner at Galaxy, said the company would like the government to do a better job of providing guidance for companies such as his as to what the rules are. The company has a big contract overseas where the rules are clearer for unmanned aircraft like Galaxy’s, White said. Veasey said he and representatives in Washington, D.C., can offer some help to Fort Worth entrepreneurs. “Sometimes we can point people in the right direction,” he said. “But sometimes, even for us, it can be difficult. We can help cut through some of the red tape and at least help get answers, even if they’re not favorable answers that people want.” Veasey encourages small businesses and entrepreneurs to stay in touch with members of Congress. “We all have case workers and legislative teams to help work on these types of issues,” he said. Don’t get discouraged if you don’t get an immediate answer, he said. “Stay in touch. Build a relationship.” Other companies who gave presentations were: Articulate Labs, which provides technology that turns everyday movement into physical rehabilitation through movement-synchronous electrical muscle stimulation. Tremedics Medical Devices, a company that has developed stent technology to improve congenital heart disease in children. Ampcare, a company that provides treatment for swallowing disorders using electrical stimulation. Also making presentations to Veasey was Cowtown Angels, a group of approximately 45 area investors interested in early-stage companies, and the Space Alliance Technology Outreach Program. The state-funded program offers free engineering and technology to small businesses and houses its North Texas site at TechFW, located off West Rosedale Street. Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Your support makes TWICE the impact today. As November draws to a close , time is running out to double your impact. Thanks to the generosity of the Nicholas Martin Jr. Family Foundation, every dollar you give will be matched—up to $15,000. Will you give today to help trusted, local reporting thrive in Fort Worth and Tarrant County? Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Bob Francis, Fort Worth Report November 26, 2024Nearly 3 in 4 Americans worried they may not get promised Social Security payments

Wall Street experienced a positive close on Friday, with all three major indexes recording weekly gains. The uptick comes as investors were reassured by strong data pointing to vibrant economic activity in the U.S., the world's largest economy. The Russell 2000 index, focused on small-cap stocks, outperformed its larger counterparts, reaching a one-week high as the market showed optimism over anticipated pro-business policies from the incoming Trump administration. Meanwhile, Alphabet's stock decline persisted amid legal challenges, and Nvidia saw fluctuating trading following its recent forecast. The S&P 500 rose by 19.55 points to finish at 5,968.26, the Nasdaq Composite increased by 26.45 points to 18,998.87, and the Dow Jones surged by 423.28 points to 44,293.63. Market expectations on Federal Reserve policy shifts remained cautious, with a potential interest rate cut in December under scrutiny. Investors also focused on geopolitical tensions and Trump's Treasury Secretary choice. (With inputs from agencies.)La Libertad Avanza’s ‘armed wing’: fascist cosplay or conviction?

NAPLES, Fla. (AP) — Down by two shots with two holes to play, Jeeno Thitikul knew exactly what was needed to capture the biggest prize in women's golf history. And another eagle-birdie finish — for the second straight day — made it happen. Thitikul claimed the record-setting $4 million first-place check by winning the CME Group Tour Championship on Sunday. It's the biggest money prize in women’s golf history, bigger than even the winner’s shares in three of the four men’s major championships this year. “Today, standing here with the trophy, it's more than I can ask for,” Thitikul said. Thitikul shot a 7-under 65 on Sunday and finished the week at 22 under, one shot ahead of Angel Yin (66). Yin had a two-shot lead walking to the 17th tee, only to wind up settling for the $1 million runner-up check. Yin — who missed the start of the season after breaking her leg over the winter — hardly sounded defeated after finishing second and more than doubling her 2024 earnings in four days. “I’m pretty awesome. ... I’ve learned that I just need to believe my myself and that’s what I did," Yin said. Brooke Henderson (66) of Smiths Falls, Ont., tied for eighth at 13-under overall. The win and the massive check came down to the 18th hole, Thitikul and Yin tied at 21 under after a back-and-forth day atop the leaderboard — both knowing a mistake would likely come at a $3 million cost. Both hit the fairway on 18. Thitikul’s approach was nearly perfect, stopping about 5 feet from the cup. Yin’s response stopped maybe 15 feet away, giving Thitikul the edge as they walked up the fairway. She was smiling broadly as she approached the green, almost as if she knew what was about to happen. Yin’s birdie putt just missed. Thitikul’s was dead center. And history was hers. Her plans for all that cash? “Definitely spend it,” Thitikul said. “That’s an honest answer, for sure. Definitely going to spend it for a little while.” She already had clinched a $1 million bonus this week through the Aon Risk-Reward Challenge, a competition based on how players score on a designated hole each week. In the end, it wound up as a whopping $5 million week for the 21-year-old from Thailand — and going 8 under on the Nos. 17 and 18 over the four days at Tiburon Golf Club made the difference. “All the hard work paid off,” said Thitikul, whose eagle-birdie close to Saturday's round pulled her into a tie for the lead with Yin going into Sunday at 15 under. It didn’t take long on Sunday for Thitikul to jump in front, with birdies on two of the first three holes to grab a two-shot edge. Her lead vanished with a two-shot swing on the par-4 fourth; Yin made birdie, Thitikul bogey. It seemed like Yin grabbed control on the par-3 16th. Her birdie putt from across the green — about 25 feet — rolled in for a two-shot lead with two holes to play. But her second shot at the par-5 17th missed the green right, and the door was opened for Thitikul. The eagle-birdie finish Saturday gave her hope. The eagle-birdie finish Sunday gave her so much more — even though, it turns out, the second shot on the par 5 wasn't one that she caught flush. It worked out anyway. “Just lucky enough,” Thitikul said. Olympic gold medalist Lydia Ko (63) finished third at 17 under, her nine birdies coming in a 13-hole span. “I’m excited to be able to work hard this offseason and have another great 2025,” Ko said. Ruoning Yin (68) was alone in fourth at 16 under, and LPGA player of the year Nelly Korda (66) finished at 15 under along with Narin An (68). Ayaka Furue finished at 13 under, good enough to give her the Vare Trophy as the LPGA’s season-long scoring champion over Haeran Ryu. “I feel very happy to have this trophy in my hands,” said Furue, the first Japanese player to win the Vare. Lexi Thompson — a 15-time winner as a pro who plans to step away from full-time golf — finished at 2 under. It’s not clear how often Thompson plans to play in 2025 and beyond; that said, she returns to Tiburon the week of Dec. 9 for the Grant Thornton Invitational, where she’ll team with Rickie Fowler in the event featuring PGA Tour and LPGA Tour players. “I’m not going anywhere, guys.” Thompson said. “I’ll be back in two weeks.” There were two players who said they were retiring after Sunday’s round: Marina Alex, who shot 66 to finish at 12 under, and Ally Ewing, who closed with a 68 to wrap up the week at 11 under. “I’m happy to have ended on my best,” said Alex, a bottle of sparkling wine in her right hand, a bouquet of flowers in the other. Added Ewing: “I’ve been at peace with my decision. It’s just so nice to be able to share the walk with my family this week.” But in the end, the week belonged to Thitikul. And as the sun was setting over Tiburon on Sunday, she was ready for her offseason to begin with a well-deserved celebration. “Anybody hungry?” she asked. “I am.” With Sunday's check in her pocket, she can dine anywhere she wants for a while. ___ AP golf: https://apnews.com/hub/golf Tim Reynolds, The Associated Press

At least three people were killed and dozens, including security personnel, injured after protesters opposing a court-ordered survey of a mosque clashed with police in the Sambhal city of Uttar Pradesh on Sunday, officials aware of the matter said. Tension was brewing in the area since Tuesday after a civil court directed the advocate commissioner to conduct a survey of the Mughal-era Shahi Jama Masjid. The court order came on a petition filed by advocate Vishnu Shankar Jain and six others, claiming that the mosque was built after razing a Hindu temple in 1529. An “initial survey” of the mosque was held the same day. Accompanied by police personnel, the survey team comprising court-appointed advocate commissioner Ramesh Raghav, district magistrate Rajendra Pensiya and superintendent of police Krishna Kumar Vishnoiand others, reached the disputed site on Sunday morning to conduct a second inspection of the mosque. As the team began the survey, a crowd gathered outside the mosque and started raising slogans, Moradabad divisional commissioner Aunjaneya Kumar Singh said. He added that the mob pelted police with stones, prompting the personnel to use “mild force” to disperse the crowd. The situation worsened after that as the protesters resorted to arson and firing, Singh said. “The survey was proceeding peacefully until a group of people gathered near the mosque and began raising slogans. When the police attempted to clear the area, a group of miscreants in the crowd started pelting stones, and the police dispersed them. Then, a larger mob of 2,000-3,000 people gathered and started stone-pelting again after the survey was completed. Another group started setting vehicles on fire and also began firing,” Singh said. Three men—Naeem, Bilal, and Nauman —died of gunshot wounds as the violence spread. Their full names and ages were not immediately available. “Shots were fired by the miscreants. A bullet hit the PRO of the superintendent of police in the leg. Three people, identified as Naeem, Bilal, and Nauman, were killed in the firing. We are investigating where the shots were fired from,” Singh said, adding that the bodies of the deceased were sent for post-mortem examination. Zafar Ali, the chief of the Shahi Mosque Committee, said a crowd started gathering near the mosque, adding that the police also fired in the air during the clash with protesters. “The survey went on peacefully for about two hours. Meanwhile, a rumour began spreading, after which a crowd gathered there and started throwing stones. A few vehicles were set on fire. Police and protesters then clashed, and security personnel resorted to lathi charge, firing of tear gas shells and also bullets in the air,” he said. Jamiat-Ulama-e-Hind (Mahmood Madani) city president Hafiz Shahid blamed the police for the casualties. “The situation worsened after police baton-charged the crowd, and they reacted with stone-pelting. Police then fired bullets,” he said. Singh, however, denied that the police opened fire and said that the personnel only fired rubber bullets. “If someone has evidence of it (police firing), then they should provide it to the officials,” he said. Located in the heart of the city in the Kotgarvi locality, the Shahi Jama Masjid is an important religious and historical site for the Muslim community. It is believed to have been constructed around the 16th century by Mir Hindu Beg, a Mughal general. The mosque is a protected monument notified on December 22, 1920 under section 3, subsection (3) of the Ancient Monuments Preservation Act, 1904. It figures on ASI’s website (Moradabad division) in the list of centrally protected monuments. The Sambhal court’s survey order opened the latest in a litany of controversies surrounding Muslim places of worship that some right-wing activists say were built after demolishing temples during the Mughal era. Jain is also a petitioner in the Gynavapi case, and it was on his plea that a Varanasi court on April 8, 2022) ordered a survey of the mosque complex abutting the Kashi Vishwanath Temple. To be sure, The Places of Worship (special provisions) Act 1991 prohibits conversion of any place of worship and provides for the maintenance of the religious character of any place of worship as it existed on August 15, 1947. Officials said that a second inspection of the mosque was required as the “initial survey”, which was held on Tuesday evening in the presence of DM Pensiya and district police chief Krishan Kumar, could not be completed. “The survey was not completed on November 19 due to dim light. Therefore, the team arrived again on Sunday morning to complete the survey,” Sambhal district magistrate Rajendra Pensia said. Singh said that around “15 to 20 security personnel” were also injured in Sunday’s violence. Uttar Pradesh police chief Prashant Kumar said the situation was now under control. “We have taken 20 people into custody. The survey was conducted as per court orders, with adequate police deployment at the site. Some individuals made children stand in front and started pelting stones at the police,” Deputy Inspector General (DIG) of the Moradabad Range, Muniraj G, said. Additional troops have been deployed in the area andmobileinternet services were suspended for 24 hours along with a closure of schools and colleges. “Strict action will be initiated against those found spreading rumours and inciting people. Rioters are being identified through videos and the perpetrators of violence will be booked under National Security act (NSA),” SP superintendent of police Krishna Kumar Vishnoi said. A political tussle also broke out over the violence, with Samajwadi Party (SP) chief Akhilesh Yadav accusing the state government and district administration of orchestrating the clashes in order to divert attention from the “malpractices” during the recently held bypolls. “A survey team was deliberately sent in the morning to disrupt discussions about the elections. The intention was to create chaos so that no debate on election issues could happen. What happened in Sambhal was orchestrated by the BJP, the government and the administration to divert attention from electoral malpractices,” he said in a press conference in Lucknow. On Saturday, the NDA won seven of the nine assembly seats where bypolls were held. Congress leader Pawan Khera said Adityanath’s administration has “once again shown a blatant disregard for communal harmony”. “In this entire matter, the BJP neither wanted the survey to proceed nor to stop it; its sole objective was to destroy harmony,” he said. The BJP rejected the charge and said people have to abide by the order of a court. “It is reprehensible to disobey the order given by the court. Failure to follow the court’s order is a big crime... Under Yogi Adityanath’s rule, everyone has to live according to law and order, despite their class or status in society,” UP minister Yogendra Upadhyay said.

By DAVID McHUGH The Associated Press FRANKFURT, Germany (AP) — Germany’s technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe , and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis , created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27% in its most recent quarter that ended this fall. Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27% over the first nine months of this year. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany. “The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers.” In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030. The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way. While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers Some 230,000 people work for Bosch’s mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.

( MENAFN - GetNews) Millimeter wave (mmWave) innovation and a small float spark investor excitement as Peraso Inc. (NASDAQ: PRSO) captures attention in the drone tech space. Peraso Inc. (NASDAQ: PRSO) , a leader in millimeter wave (mmWave) technology, is making headlines with its cutting-edge innovations in wireless connectivity, specifically for surveillance drones. Leveraging high-speed, low-latency links, Peraso's technology is ideal for drones that require real-time data transfer, making it a game-changer in sectors like security, logistics, and remote monitoring. With a remarkably low float of just 3.9 million shares , Peraso Inc. (NASDAQ: PRSO) has become a high-potential stock to watch. To put this in perspective, the float is nearly 20 times smaller than that of Ondas Holdings Inc. (NASDAQ: ONDS) , which recently experienced a massive rally, climbing from $0.80 to $1.50 in a matter of weeks. This kind of volatility could signal a similar breakout opportunity for Peraso. The global drone market continues to expand at an unprecedented pace, driven by demand for advanced applications in both civilian and military sectors. Peraso's mmWave technology is uniquely positioned to serve this booming market, as it provides the ultra-fast data speeds and minimal latency essential for drones used in real-time surveillance, precision delivery, and beyond. Investors are Taking Note The combination of a small float, advanced technology, and growing market demand has led to increased interest from retail and institutional investors alike. Stocks with a limited float like Peraso Inc. (NASDAQ: PRSO) often see significant price movements when demand spikes, offering the potential for sharp gains in a short timeframe. Analysts Are Watching the Drone Boom The adoption of mmWave technology is becoming a cornerstone of the next generation of drone communication systems. With industries increasingly turning to autonomous solutions, companies like Peraso Inc. (NASDAQ: PRSO) are set to ride the wave of this transformation. As Peraso Inc. (NASDAQ: PRSO) continues to innovate and expand its influence in the drone tech sector, all eyes are on Peraso Inc. (NASDAQ: PRSO) as a potential breakout stock. With its affordable price point , compelling technology, and bullish market indicators, this is one ticker investors won't want to miss tuned for updates as the drone mystery unfolds and Peraso Inc. (NASDAQ: PRSO makes its mark in the world of advanced mmWave technology stocks in the drone sector, including Peraso Inc. (NASDAQ: PRSO), Joby Aviation Inc. (NYSE: JOBY), Archer Aviation Inc. (NYSE: ACHR), Unusual Machines Inc. (NYSE: UMAC), Mobilicom Limited (NASDAQ: MOB), and Ondas Holdings Inc. (NASDAQ: ONDS) , have demonstrated notable momentum and deserve a spot on every investor's radar. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. 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Mumbai: Tight races and unexpected outcomes marked the polls in the city, with several incumbent MLAs securing narrower victories compared to their 2019 performance. Five sitting MLAs faced particularly challenging contests before emerging victorious. Of the 32 sitting MLAs who sought re-election in Mumbai (which has 36 assembly constituencies), 25 retained their seats. IPL 2025 mega auction IPL Auction 2025: Who got whom IPL 2025 Auction: Updated Full Team Squads While nine improved their victory margins, others witnessed reductions (see graphic). Shiv Sena's Mangesh Kudalkar from Kurla experienced an 80% reduction in his winning margin, dropping from 21,013 in 2019 to 4,187. The constituency's demographic mix of 38% Marathi-speaking and 32% Muslim voters, coupled with Sena (UBT) fielding former corporator Pravina Morajkar, created a competitive environment. In Worli, Sena UBT leader Aaditya Thackeray's victory margin decreased substantially from 67,427 in 2019 to 8,801 against Shiv Sena's Milind Deora, a former Union minister and Rajya Sabha MP backed by CM Eknath Shinde. Vikhroli, considered to be a bastion of Sena UBT for two terms, once again elected Sunil Raut as their MLA. But the going was not as smooth as last time for him; Raut faced a political fight from former party colleague and grassroots worker Suvarna Karanje, who had switched allegiance to Shiv Sena and was pitted against him. His margin plunged 44%. In Dindoshi, Sunil Prabhu, suffered a loss in margin from 44,511 in 2019 to 6,182 against Sena's Sanjay Nirupam. An analyst said Nirupam gave a "tough fight" despite BJP not campaigning for him. Sena UBT's Ajay Choudhari in Sewri saw his margin decrease from 40,000 to 7,140 against MNS's Bala Nandgaonkar. Similarly, Malad MLA Aslam Shaikh's margin dropped from 10,383 to 6,227. Conversely, some MLAs improved their performance. Chandivli's Dilip Lande increased his margin from 409 to 20,625 votes, attributed to grassroots engagement and successful implementation of the Ladki Bahin scheme. BJP's Rahul Narwekar in Colaba tripled his margin to 48,581 votes. At 45, he became India's youngest state legislature Speaker and was tasked by SC to address Shiv Sena's disqualification petitions in May 2023. For BJP's Mihir Kotecha, voters from Mulund's high-rises boosted the victory margin: he won by over 90,000 votes. Then, in Mumbadevi, MLA Amin Patel said he worked relentlessly in his constituency, especially improving education and health needs of voters, which helped him gain a better margin this time than in 2019.