These large-cap stocks were the worst performers in the last week. Are they in your portfolio? Target Corporation TGT tumbled 17.83% after the company reported the third-quarter earnings miss, and analysts slashed the price target on the stock . Temu parent PDD Holdings Inc. PDD plummeted 12.22% after the company reported worse-than-expected financial results . Analysts cut the price forecast on the stock . ZTO Express ZTO stock fell 8.50% after the company reported third-quarter results and cut its FY24 guidance for parcel volume . Tenet Healthcare Corporation THC stock dipped 7.54% after Raymond James downgraded the stock from Strong Buy to Outperform . Ulta Beauty, Inc. ULTA fell 7.34% after Berkshire Hathaway cut its position in the stock. Intuit Inc. INTU declined 6.94% after the company reported second-quarter results . Several analysts revised the price forecasts on the stock . Nokia Corporation NYSE: NOK) stock decreased 6.28%. The company secured a multi-year, multi-billion USD contract extension with Bharti Airtel in India . Alibaba Group Holding Limited BABA shares were down 6.16%. The company plans to issue U.S. dollars and Chinese yuan bonds to raise capital, repay existing debt, and support an ongoing stock buyback initiative . Banco Santander SAN stock dipped 5.60%. Incyte Corporation INCY stock declined 5.47% after the company announced that data from its Phase 2 study evaluating MRGPRX4 (INCB000547) in cholestatic does not support further development . Photo via Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.The Left have a new boogeyman to target: Elon Musk. It's fine when guys like George Soros sink millions into DA and AG races in states where he doesn't live, and fine when Soros buys up radio stations and media outlets. That's (D)ifferent, naturally. But now that Elon Musk is doing it -- but in a way that the Left doesn't like -- it's a problem. Musk is 'disseminating disinformation' and allowing 'hate' to foment online. In reality, under Musk's leadership, X now better reflects the political make up of America. That also ticks off the Left, because they don't want Americans to know there's different, non-Leftist viewpoints out there. To that end, the fascists in the U.K. -- where they jail grandmas for Facebook memes -- are going to call Musk to Britain ti 'testify' about misinformation: UK MPs are expected to summon Elon Musk to testify on X's part in disseminating misinformation during an inquiry into the riots and the spread of misleading AI content. This is a trap. They’ll detain him at the border, demand to see the contents of his phone, and charge him... pic.twitter.com/wdHQfySwRJ Yeah, that's a trap. More from The Guardian : Elon Musk has said UK MPs “will be summoned to the United States of America to explain their censorship and threats to American citizens” in a fresh escalation of tensions between the world’s richest man and Labour. Musk, who has been a fixture at the side of Donald Trump since his reelection as US president, was responding to a Guardian report on Wednesday that the Commons’ science and technology select committee would call him to give evidence in the new year in its inquiry into the spread of harmful content on social media after the August riots. The committee’s chair, Chi Onwurah, a Labour MP, said she wanted to see how Musk, who owns the X social media platform, “reconciles his promotion of freedom of expression with his promotion of pure disinformation”. When they say 'disinformation', they mean 'things we don't like. It’s all part of a bloody coverup anyway. They’re seeking to scapegoat X for the riot so they don’t have to answer questions about the Southport stabber or how they knew he was an indoctrinated jihadist for months before it was revealed, and instead chose to imprison thousands of... Yep. Turns out the guy was a jihadist after the press spread actual misinformation that he wasn't. They will be summoned to the United States of America to explain their censorship and threats to American citizens BOOM. I have prepared Elon’s statement: pic.twitter.com/2C4qtd6laJ That's it. I’m pretty sure they gave up the right to summon American citizens when we kicked them out of our country 200+ yrs ago. The summer riots are a direct result of them ruining the lives of their own citizens Yup. We owe them nothing. I’m sure Elon understands this is a trap. It’s mind-boggling how they continue to say X is spreading disinformation. I believe X spreading the MISSING information. Perfectly stated. Elon should not leave U.S. soil until he leaves for Mars. https://t.co/frmyWzuVTI Solid advice. British MP’s can’t ‘summon’ anyone, let alone someone abroad, it’s not in their remit. The wording is cringeworthy, these people are so embarrassing to our country. Hope @elonmusk tells them to go f**k themselves. https://t.co/nKAaJdGeur Oh, he will. They can suck it. America beat the crown once and we'll do it again https://t.co/xDIh2VzOPh We will. People keep saying America should buy Greenland... Hear me out, what if we colonize the UK and give them the gift of the Constitution? https://t.co/o2Rehsf1gq We like this idea. It totally is. But Elon is a pretty smart dude, I don't think he'd fall for this... https://t.co/mYwxHcWTts He won't.
WASHINGTON (AP) — Donald Trump’s personnel choices for his new Cabinet and White House reflect his signature positions on immigration and trade but also a range of viewpoints and backgrounds that raise questions about what ideological anchors might guide his Oval Office encore. With a rapid assembly of his second administration — faster than his effort eight years ago — the former and incoming president has combined television personalities , former Democrats, a wrestling executive and traditional elected Republicans into a mix that makes clear his intentions to impose tariffs on imported goods and crack down on illegal immigration but leaves open a range of possibilities on other policy pursuits. “The president has his two big priorities and doesn’t feel as strongly about anything else — so it’s going to be a real jump ball and zigzag,” predicted Marc Short, chief of staff to Vice President Mike Pence during Trump’s 2017-21 term. “In the first administration, he surrounded himself with more conservative thinkers, and the results showed we were mostly rowing in the same direction. This is more eclectic.” Indeed, Secretary of State-designee Marco Rubio , the Florida senator who has pilloried authoritarian regimes around the world, is in line to serve as top diplomat to a president who praises autocratic leaders like Russia’s Vladimir Putin and Hungary’s Viktor Orban. Republican Rep. Lori Chavez-DeRemer of Oregon has been tapped to sit at the Cabinet table as a pro-union labor secretary alongside multiple billionaires, former governors and others who oppose making it easier for workers to organize themselves. The prospective treasury secretary, Scott Bessent , wants to cut deficits for a president who promised more tax cuts, better veterans services and no rollbacks of the largest federal outlays: Social Security, Medicare and national defense. Abortion-rights supporter Robert F. Kennedy Jr. is Trump's choice to lead the Health and Human Services Department, which Trump’s conservative Christian base has long targeted as an agency where the anti-abortion movement must wield more influence. Former Republican House Speaker Newt Gingrich allowed that members of Trump’s slate will not always agree with the president and certainly not with one another. But he minimized the potential for irreconcilable differences: “A strong Cabinet, by definition, means you’re going to have people with different opinions and different skills.” That kind of unpredictability is at the core of Trump’s political identity. He is the erstwhile reality TV star who already upended Washington once and is returning to power with sweeping, sometimes contradictory promises that convinced voters, especially those in the working class, that he will do it all again. “What Donald Trump has done is reorient political leadership and activism to a more entrepreneurial spirit,” Gingrich said. There's also plenty of room for conflict, given the breadth of Trump's 2024 campaign promises and his pattern of cycling through Cabinet members and national security personnel during his first term. This time, Trump has pledged to impose tariffs on foreign goods, end illegal immigration and launch a mass deportation force, goose U.S. energy production and exact retribution on people who opposed — and prosecuted — him. He's added promises to cut taxes, raise wages, end wars in Israel and Ukraine , streamline government, protect Social Security and Medicare, help veterans and squelch cultural progressivism. Trump alluded to some of those promises in recent weeks as he completed his proposed roster of federal department heads and named top White House staff members. But his announcements skimmed over any policy paradoxes or potential complications. Bessent has crusaded as a deficit hawk, warning that the ballooning national debt , paired with higher interest rates, drives consumer inflation. But he also supports extending Trump’s 2017 tax cuts that added to the overall debt and annual debt service payments to investors who buy Treasury notes. A hedge-fund billionaire, Bessent built his wealth in world markets. Yet, generally speaking, he’s endorsed Trump's tariffs. He rejects the idea that they feed inflation and instead frames tariffs as one-time price adjustments and leverage to achieve U.S. foreign policy and domestic economic aims. Trump, for his part, declared that Bessent would “help me usher in a new Golden Age for the United States.” Chavez-DeRemer, Trump promised, “will achieve historic cooperation between Business and Labor that will restore the American Dream for Working Families.” Trump did not address the Oregon congresswoman’s staunch support for the PRO-Act, a Democratic-backed measure that would make it easier for workers to unionize, among other provisions. That proposal passed the House when Democrats held a majority. But it’s never had measurable Republican support in either chamber on Capitol Hill, and Trump has never made it part of his agenda. When Trump named Kennedy as his pick for health secretary, he did not mention the former Democrat’s support for abortion rights. Instead, Trump put the focus on Kennedy’s intention to take on the U.S. agriculture, food processing and drug manufacturing sectors. The vagaries of Trump’s foreign policy stand out, as well. Trump's choice for national security adviser , Florida Rep. Mike Waltz, offered mixed messages Sunday when discussing the Russia-Ukraine war, which Trump claims never would have started had he been president, because he would have prevailed on Putin not to invade his neighboring country. Speaking on “Fox News Sunday,” Waltz repeated Trump’s concerns over recent escalations, which include President Joe Biden approving sending antipersonnel mines to Ukrainian forces. “We need to restore deterrence, restore peace and get ahead of this escalation ladder, rather than responding to it,” Waltz said. But in the same interview, Waltz declared the mines necessary to help Ukraine “stop Russian gains” and said he’s working “hand in glove” with Biden’s team during the transition. Meanwhile, Tulsi Gabbard, Trump’s pick for director of national intelligence , the top intelligence post in government, is an outspoken defender of Putin and Syrian President Bashar al Assad, a close ally of Russia and Iran. Perhaps the biggest wildcards of Trump’s governing constellation are budget-and-spending advisers Russell Vought, Elon Musk and Vivek Ramaswamy. Vought led Trump’s Office of Management and Budget in his first term and is in line for the same post again. Musk, the world’s wealthiest man, and Ramaswamy, a mega-millionaire venture capitalist, are leading an outside advisory panel known as the “Department of Government Efficiency.” The latter effort is a quasi-official exercise to identify waste. It carries no statutory authority, but Trump can route Musk’s and Ramaswamy’s recommendations to official government pathways, including via Vought. A leading author of Project 2025 , the conservative movement’s blueprint for a hard-right turn in U.S. government and society, Vought envisions OMB not just as an influential office to shape Trump’s budget proposals for Congress but a power center of the executive branch, “powerful enough to override implementing agencies’ bureaucracies.” As for how Trump might navigate differences across his administration, Gingrich pointed to Chavez-DeRemer. “He might not agree with her on union issues, but he might not stop her from pushing it herself,” Gingrich said of the PRO-Act. “And he will listen to anybody. If you convince him, he absolutely will spend presidential capital.” Short said other factors are more likely to influence Trump: personalities and, of course, loyalty . Vought “brought him potential spending cuts” in the first administration, Short said, “that Trump wouldn’t go along with.” This time, Short continued, “maybe Elon and Vivek provide backup,” giving Vought the imprimatur of two wealthy businessmen. “He will always calculate who has been good to him,” Short said. “You already see that: The unions got the labor secretary they wanted, and Putin and Assad got the DNI (intelligence chief) they wanted. ... This is not so much a team-of-rivals situation. I think it’s going to look a lot like a reality TV show.” Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Get local news delivered to your inbox!Trump’s attorney general should fire all DOJ employees who investigated former prez, Sen. Schmitt argues
(The Center Square) - California Gov. Gavin Newsom said if President-elect Donald Trump ends the $7,500 electric vehicle rebate program, he’ll get Californians to pay for new credits. However, the credits would not include Tesla, which is the most popular EV company and the only EV manufacturer in the state. This comes weeks after Newsom and his administration passed new refinery and carbon credit regulations that will add up to $1.15 per gallon of gasoline and require Californians with gasoline-powered cars to earn up to another $1,000 per year in pretax income to afford. “We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California,” said Newsom in a statement. Tesla CEO Elon Musk, whose rocket launches were recently blocked by a California regulatory board that cited his personal politics, shared his disapproval on his social media platform, X, after Newsom staff told Bloomberg that Tesla models would not qualify for California rebates. “Even though Tesla is the only company who manufactures their EVs in California,” said Musk. “This is insane.” Musk recently moved SpaceX and X out of California, citing a new law signed by Newsom banning parental notification for gender change requests from K-12 students. The credits would be paid for through California’s cap-and-trade program, which requires carbon emitters to purchase credits from the state — costs which are generally passed on to consumers in the form of more expensive gasoline, energy, and even concrete. Emitters buy a few billion dollars worth of credits from California each year, with the state’s $135 billion high speed rail project getting the lion’s share of the revenue. The California Resources Board — all but two of whose voting members are appointed by the governor — recently approved $105 billion in EV charging credits and $8 billion in hydrogen charging credits to be largely paid for by drivers of gas cars and diesel trucks. An investigation by The Center Square found the change was pushed by EV makers and the builders of EV charging systems. Buyers of EV chargers, who pay for the energy and own the charger, sign installation contracts that permanently give away their rights to government or other EV charging credits generated from fueling a vehicle with electrons instead of gasoline. These chargers are often bundled with the purchase of an EV, or covered entirely by utility or government rebates, meaning they are permanent, zero-or-low-cost revenue streams for the company collecting the credits.The Atlanta Hawks are looking to snap out of their funk as they host the Dallas Mavericks at State Farm Arena on Monday night. Tip-off is set for 7:30 p.m. ET on NBA TV and streaming on fuboTV. How to Watch Dallas Mavericks vs. Atlanta Hawks: Dallas enters this matchup fresh off a 123-118 loss to the Miami Heat on Sunday, which snapped their four-game winning streak. Kyrie Irving did his part, dropping 27 points in the loss, but the Mavericks couldn't close the gap late. With Luka Doncic and Kyrie leading the charge, Dallas will aim to rekindle the magic of their recent win streak and start this road trip on a high note. Meanwhile, the Hawks have had a bumpy ride lately, losing three of their last four games, including a 136-122 defeat to the Chicago Bulls on Friday. Despite Trae Young's 25-point, 13-assist performance, Atlanta couldn't get the stops they needed to secure a win. Playing at home might give them a much-needed boost, but they'll need a sharper defensive effort to avoid letting the Mavericks' potent offense run wild. WATCH: Mavericks vs. Heat live on fuboTV for free If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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NEW ORLEANS (AP) — A scruffy little fugitive is on the lam again in New Orleans, gaining fame as he outwits a tenacious band of citizens armed with night-vision binoculars, nets and a tranquilizer rifle. Scrim, a 17-pound mutt that's mostly terrier, has become a folk hero, inspiring tattoos, t-shirts and even a ballad as he eludes capture from the posse of volunteers. And like any antihero, Scrim has a backstory: Rescued from semi-feral life at a trailer park and adopted from a shelter, the dog broke loose in April and scurried around the city until he was cornered in October and brought to a new home. Weeks later, he'd had enough. Scrim leaped out of a second-story window, a desperate act recorded in a now-viral video. Since then, despite a stream of daily sightings, he's roamed free. The dog’s fans include Myra and Steve Foster, who wrote “Ode to Scrim” to the tune of Ricky Nelson’s 1961 hit, “I’m a Travelin’ Man.” Leading the recapture effort is Michelle Cheramie, a 55-year-old former information technology professional. She lost everything — home, car, possessions — in Hurricane Katrina in 2005, and in the aftermath, found her calling rescuing pets. “I was like, ‘This is what I should be doing,’” Cheramie said. “I was born to rescue.” She launched Zeus’ Rescues, a nonprofit shelter that now averages 600 cat and dog adoptions a year and offers free pet food to anyone who needs it. She helped Scrim find the home he first escaped from. It was Cheramie's window Scrim leaped from in November. She's resumed her relentless mission since then, posting flyers on telephone poles and logging social media updates on his reported whereabouts. She's invested thousands of dollars on wildlife cameras, thermal sensors and other gear. She took a course offered by the San Diego Zoo on the finer points of tranquilizing animals. And she's developed a network of volunteers — the kind of neighbors who are willing to grid-search a city at 3 a.m. People like writer David W. Brown, who manages a crowd-sourced Google Map of all known Scrim sightings. He says the search has galvanized residents from all walks of life to come together. As they search for Scrim, they hand out supplies to people in need. "Being a member of the community is seeing problems and doing what you can to make life a little better for the people around here and the animals around you," Brown said. And neighbors like Tammy Murray, who had to close her furniture store and lost her father to Parkinson's Disease. This search, she says, got her mojo back. “Literally, for months, I’ve done nothing but hunt this dog,” said Murray, 53. “I feel like Wile E. Coyote on a daily basis with him.” Murray drives the Zeus' Rescues' van towards reported Scrim sightings. She also handles a tactical net launcher, which looks like an oversized flashlight and once misfired, shattering the van's window as Scrim sped away. After realizing Scrim had come to recognize the sound of the van's diesel engine, Murray switched to a Vespa scooter, for stealth. Near-misses have been tantalizing. The search party spotted Scrim napping beneath an elevated house, and wrapped construction netting around the perimeter, but an over-eager volunteer broke ranks and dashed forward, leaving an opening Scrim slipped through. Scrim's repeated escapades have prompted near-daily local media coverage and a devoted online following. Cheramie can relate. “We’re all running from something or to something. He's doing that too,” she said. Cheramie's team dreams of placing the pooch in a safe and loving environment. But a social media chorus growing under the hashtag #FreeScrim has other ideas — they say the runaway should be allowed a life of self-determination. The animal rescue volunteers consider that misguided. “The streets of New Orleans are not the place for a dog to be free,” Cheramie said. “It’s too dangerous.” Scrim was a mess when Cheramie briefly recaptured him in October, with matted fur, missing teeth and a tattered ear. His trembling body was scraped and bruised, and punctured by multiple projectiles. A vet removed one, but decided against operating to take out a possible bullet. The dog initially appeared content indoors, sitting in Cheramie's lap or napping beside her bed. Then while she was out one day, Scrim chewed through a mesh screen, dropped 13 feet to the ground and squeezed through a gap in the fence, trotting away. Murray said Cheramie's four cats probably spooked him. “I wholeheartedly believe the gangster-ass cats were messing with him,” Murray said. Cheramie thinks they may have gotten territorial. Devastated but undeterred, the pair is reassessing where Scrim might fit best — maybe a secure animal sanctuary with big outdoor spaces where other dogs can keep him company. Somewhere, Murray says, “where he can just breathe and be." Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96Tracking health data? Here's what could happenHoliday gift ideas for the movie lover, from bios and books to a status tote
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Prime Minister Keir Starmer to meet John Swinney and other leaders in ScotlandNone
Newsom wants CA consumers to pay to replace $7,500 federal EV credit, Tesla excluded
Keir Starmer may not be the best storyteller but he will be ultimately judged on his government's delivery