NEW YORK (AP) — Top-ranked chess player Magnus Carlsen is headed back to the World Blitz Championship on Monday after its governing body agreed to loosen a dress code that got him fined and denied a late-round game in another tournament for refusing to change out of jeans . Lamenting the contretemps, International Chess Federation President Arkady Dvorkovich said in a statement Sunday that he'd let World Blitz Championship tournament officials consider allowing “appropriate jeans” with a jacket, and other “elegant minor deviations” from the dress code. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Gains by retailers and health care stocks helped temper the losses. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. ___ AP Business Writers Elaine Kurtenbach and Matt Ott contributed. Alex Veiga, The Associated Press
Julián Álvarez picking up the scoring pace with Atletico Madrid
Alabama flips RB Jace Clarizio from Michigan StateBank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary SharesBank of America Announces Full Redemption of Its Series MM Preferred Stock and Related Depositary Shares
Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’Mary Ann Peters’s Obscured Memorials to Buried Histories
On Wednesday afternoon in Rio Grande City, Texas, cement trucks, construction workers and semi-trucks loaded with pieces of border wall could be seen entering a plot of land on FM 1430. What was once a family farm is quickly becoming a main cog in Texas’ immigration fight. The 1,402.4-acre piece of land was acquired by the Texas General Land Office and Texas Land Commissioner Dawn Buckingham on Oct. 24 from Sheerin Real Properties LLC. At the time, the General Land Office put out a press release, saying, “Texas General Land Office (GLO) has acquired a 1,402-acre ranch along the Rio Grande at Starr County’s border with Mexico. This property’s frontage on the Rio Grande makes it a crucial location for enhanced border security and placement of a border wall.” “For too long, the federal government has abdicated its job to secure our southern border,” Buckingham said in the release from late October. “This is why I am stepping up and acquiring this 1,402-acre property in the heart of the border crisis. (O)ur agency will take matters into our own hands and partner with the State of Texas to secure this section of Starr County by building a fortified 1.5-acre mile wall.” According to the General Land Office, this large piece of land along the river was being used for farming row crops such as onions, canola, sunflowers, sorghum, corn, cotton and soybeans. Originally, the plan from the General Land Office was to continue the farming operations, with the proceeds benefitting the schoolchildren of Texas through the Permanent School Fund, which funds primary and secondary public schools. Now, that plan seems cloudy. On Tuesday, the General Land Office offered the expensive plot of land to the incoming Trump administration to aid in its efforts to accomplish the largest mass deportation operation in the history of the country. Buckingham wrote a letter to President-Elect Donald Trump and his team on Tuesday, saying she is “fully prepared” to assist federal agencies and “to allow a facility to be built for the processing, detention, and coordination of the largest deportation of violent criminals in the nation’s history.” Gov. Greg Abbott went on Fox News on Tuesday evening and expressed his support for this plan, saying it is the next step in securing the border. As of Wednesday, some things are still unclear. For starters, who owned the land is still in question. The General Land Office purchased it from Sheerin, but other documents indicate the land could have belonged to a local family. In Buckingham’s letter to Trump, she said, “The previous owner had refused to allow the wall to be built and actively blocked law enforcement from accessing the property.” One thing is for sure at this point — the race to secure the southern border seems to have already started before the President-Elect is sworn into office.
SANTA CLARA, Calif. , Nov. 26, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced it has granted equity awards under its 2023 Inducement Equity Incentive Plan to new employees who joined Couchbase. On November 21, 2024 , Couchbase granted 9 non-executive employees equity awards in the form of service-based restricted stock units ("RSU Awards"), representing the right to receive up to 19,905 shares of Couchbase, Inc. common stock in the aggregate, with fifty percent (50%) of the shares subject to such RSU Awards vesting on the first quarterly vesting date following the one (1) year anniversary of the vesting commencement date, and twelve and one-half percent (12.5%) of the shares subject to such RSU Awards vesting on each quarterly vesting date thereafter conditioned upon each employee's continued employment on the vesting date(s). The inducement grants were approved by Couchbase's Compensation Committee of the Board of Directors, as required by Nasdaq Rule 5635(c)(4), and were granted as a material inducement to employment in accordance with Nasdaq Rule 5635(c)(4). About Couchbase Modern customer experiences need a flexible database platform that can power applications spanning from cloud to edge and everything in between. Couchbase's mission is to simplify how developers and architects develop, deploy and run modern applications wherever they are. We have reimagined the database with our fast, flexible and affordable cloud database platform Capella, allowing organizations to quickly build applications that deliver premium experiences to their customers– all with best-in-class price performance. More than 30% of the Fortune 100 trust Couchbase to power their modern applications. For more information, visit www.couchbase.com and follow us on X (formerly Twitter) @couchbase . Couchbase ® , the Couchbase logo and the names and marks associated with Couchbase's products are trademarks of Couchbase, Inc. All other trademarks are the property of their respective owners. View original content to download multimedia: https://www.prnewswire.com/news-releases/couchbase-announces-new-employee-inducement-grants-302316431.html SOURCE Couchbase, Inc.World Leaders Pay Tribute To Former US President Jimmy Carter
Running back Jace Clarizio flipped his commitment from his local team, Michigan State, to Alabama. The decision, announced by Clarizio on social media Tuesday, comes after the East Lansing (Mich.) High standout visited head coach Kalen DeBoer's Crimson Tide on Nov. 16. "Great program," Clarizio told On3. "Playing on the biggest level. ... All the people and coaches I met and interacted with were all great people. The atmosphere was crazy." The 5-foot-11, 195-pounder is ranked as the No. 33 running back by On3 and tabbed No. 35 in their industry ranking. In May, he had verbally committed to the Spartans, where his father, Craig Johnson, was a running back and defensive back who was a member of the 1987 Rose Bowl-winning squad under coach George Perles. --Field Level MediaKovitz Core Equity ETF (NYSEARCA:EQTY) Sees Unusually-High Trading Volume – Time to Buy?
