Should the U.S. increase immigration levels for highly skilled workers?Prime Minister Justin Trudeau's annual Christmas message encourages Canadians to give thanks for "all that is good in the world" and check in on those who have not had an easy time this year. "As we reflect on the past year and look to the future, let us continue to show love and kindness — to ourselves and to those in need." Trudeau also gave thanks to the brave members of the Canadian Armed Forces, first responders, essential workers and volunteers. Questions loom over Trudeau's future The annual message comes amid a vulnerable time in his leadership, where he is believed to be reflecting on his political future. In the week since Chrystia Freeland's sudden resignation from Cabinet, calls for the prime minister to resign have echoed across the country. To date, 21 Liberal MPs have publicly called on Trudeau to go. Prime Minister Justin Trudeau looks on at the start of a cabinet swearing in ceremony for Dominic LeBlanc, not shown, as Finance Minister at Rideau Hall in Ottawa on Dec. 16. (Justin Tang/The Canadian Press) At a virtual meeting of the Ontario Liberal caucus on Saturday morning, more than 50 Liberal MPs came to a consensus that Trudeau needs to step down as party leader, multiple sources told CBC News. The prime minister so far has not addressed Canadians about the growing calls for him to step down, or spoken publicly about the resignation of Freeland. Analysis Trudeau shuffles the deck while the nation waits for him to make up his mind Ontario Liberal MPs want Justin Trudeau to step down: sources Most Liberals in caucus want Trudeau to go, says longtime loyalist Trudeau stopped briefly to speak to reporters following a cabinet meeting on Friday. Offering that it was an "excellent" meeting, "almost entirely focused on the Canada-U.S. dynamic," Trudeau did not answer any questions about the future of his leadership. "We have a lot of work to do and that's what we're focused on," Trudeau said. WATCH | PM addresses media for first time following Freeland resignation: Trudeau speaks to reporters for first time since Freeland left cabinet 4 days ago Duration 0:24 Prime Minister Justin Trudeau addressed reporters for the first time since his deputy Chrystia Freeland resigned Monday. Trudeau did not take any questions following a cabinet meeting Friday. CBC's Poll Tracker suggests a widening lead for the Conservatives, comfortably ahead of the Liberals by more than double the points. Read the prime minister's full Christmas statement below. Prime minister's Christmas message "Merry Christmas, everyone! This is such a special time of year. A time to gather with loved ones, to celebrate the spirit of the season, and to give thanks for all that is good in the world. "For Christians, it's a time to celebrate the birth of Jesus Christ and think about his story of kindness, forgiveness, and faith. The lessons of his life are universal, and they inspire and comfort people every time they're told — and retold. "For you, the holidays may be a time of big family gatherings and feasts, of gifts and celebrations. But maybe it's a very hard time. If you're grieving, worried, or alone, this can be the toughest time of the year. It can be the loneliest. So let's all check in on the people in our lives who have not had an easy time this year, and who may need us more than we know. "As we reflect on the past year and look to the future, let us continue to show love and kindness — to ourselves and to those in need. Let us also take a moment to thank those who give so much of themselves to make Canada the place we are proud to call home, including the brave members of our Canadian Armed Forces, the dedicated first responders and essential workers, and the countless volunteers. Thank you, to all of you. "I wish joy to everyone who is celebrating today, and comfort to those who are suffering. Wherever you are, I hope you find light and hope for the year ahead. Merry Christmas." This message is also available here .
WACO, Texas (AP) — Georgia’s Dasha Vidmanova and Columbia’s Michael Zheng won NCAA singles tennis titles on Sunday. Vidmanova, a 21-year-old senior from the Czech Republic, beat DJ Bennett of Auburn 6-3, 6-3 for the Bulldogs’ first women’s singles championship since 2010. Zheng, a 20-year-old junior from Montville, New Jersey, beat Ozan Baris of Michigan State 6-2, 4-6, 6-2 to become the first Ivy League player to collect an NCAA men’s singles crown since 1922. The final between Zheng and Baris was the first men’s NCAA tennis singles final between two Americans since 2017. ___ More AP tennis:EAST RUTHERFORD, N.J. (AP) — Drew Lock is likely going to start at quarterback for the New York Giants against the Indianapolis Colts on Sunday when they try to end a franchise-record 10-game losing streak. Lock started against Atlanta last weekend and his status became an issue after the 34-7 loss when coach Brian Daboll said the 28-year-old was having an issue with his right shoulder. An MRI was done Monday and Daboll announced Tuesday that Lock would be his starter if he stayed healthy. “It came back good so rocking and rolling,” Lock said, noting he was hurt on a third down pass to Daniel Bellinger in the first quarter when Falcons linebacker Matthew Judon pulled his arm on the play. He finished the game. There were questions whether Daboll would switch back to Tommy DeVito after Lock threw two pick-6s and lost a fumble on a strip-sack against the Falcons. Lock has had three interceptions returned for scores in three starts this season, including two on tipped passes. Daboll said it was important to give Lock a couple of starts in which he was able to get all the reps in practice. “Knowing what we did the week before, take the things we need to get better at into this week and actually be able to go out there and do it is something I’m looking forward to,” Lock said. “Similar cadences with the guys, being in the huddle together. I think it can only be a positive for such a roller coaster out of that spot.” The one thing that might change this week is the Giants center. John Michael Schmitz has an ankle injury and he did not practice Tuesday. He left the locker room with a boot on his right foot. New York has moved veteran guard Greg Van Roten to center when Schmitz was hurt and Lock also worked with guard Austin Schlottmann as his center while playing in Denver. “I’m pretty familiar with all the guys that are rotating in there,” Lock said. The Giants have the NFL's worst scoring offense, averaging 14.3 points. They benched Daniel Jones coming out of their bye week and days later released him after he requested it. DeVito has started two games and Lock three since Jones was released. New York has scored 59 points in those games, with 20 coming against Dallas in a seven-point loss on Thanksgiving. Running back Tyrone Tracy (ankle), wide receiver Malik Nabers (knee-foot), cornerback Greg Stroman (shoulder-shin), defensive tackle Cory Durden (shoulder), inside linebacker Micah McFadden (neck) and cornerback Dru Phillips (shoulder) also did not practice on Tuesday, which is usually a day off. The team will have off on Christmas Day and return to practice on Thursday. The Giants opened practice on Tuesday with the song “It’s the Most Wonderful Time of the Year” blaring on the loudspeakers in their indoor practice facility. Jones, who is on the Minnesota Vikings practice squad, sent the Giants offensive linemen Christmas gifts. “DJ comes in, saves me and Tommy once again, and then takes care of the guys,” Lock said. “I expected nothing less from the guy. That’s just who he is, and cares about these guys still.” AP NFL: https://apnews.com/hub/nfl
Matt Gaetz Asks Supporters for 'Help' After Ethics Committee Report Release
JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources. Canoo said, “We regret having to furlough our employees, especially during the holidays, but we have no choice at this point. We are hopeful that we will be able to bring them back to work soon.” About Canoo Founded in 2017, Canoo Inc. (NASDAQ: GOEV) is an automotive tech company that manufactures electric cargo vehicles, built to deliver, for large commercial, government and fleet customers globally. The company has developed design-forward innovative electric vehicles with steer-by-wire technology on its common modular platform with end-to-end software plus power solutions. Canoo’s platform is purpose-built to maximize the vehicle interior space and is customizable to support a wide range of business and government applications. Headquartered in Justin, Texas, Canoo has teams located in California, Michigan and Oklahoma with world-class vehicle and battery facilities in Oklahoma City. For more information please visit www.canoo.com and investors.canoo.com . Forward-Looking Statements The information in this press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward- looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements about our plans, expectations and objectives with respect to the results and timing of the reverse stock split and the effect the reverse stock split will have on the Company’s ability to regain compliance with the Nasdaq Listing standards. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Canoo's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Canoo. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; Canoo's ability to access future capital, via debt or equity markets, or other sources; the rollout of Canoo's business and the timing of expected business milestones and commercial launch; future market adoption of Canoo's offerings; risks related to Canoo's go-to-market strategy and manufacturing strategy; the effects of competition on Canoo's future business, and those factors discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Canoo's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the "SEC") on April 1, 2024, as well as its past and future Quarterly Reports on Form 10-Q and other filings with the SEC, copies of which may be obtained by visiting Canoo's Investors Relations website at investors.canoo.com or the SEC's website at www.sec.gov. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Canoo does not presently know or that Canoo currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Canoo's expectations, plans or forecasts of future events and views as of the date of this press release. Canoo anticipates that subsequent events and developments will cause Canoo's assessments to change. However, while Canoo may elect to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Canoo's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Media Contact press@canoo.com Investor Relations Contact IR@canoo.comIs the Semiconductor Boom Over? Chip Stocks Take a Hit
AZEK ( NYSE:AZEK – Free Report ) had its price target raised by Truist Financial from $52.00 to $57.00 in a report issued on Wednesday, Benzinga reports. They currently have a buy rating on the stock. A number of other equities research analysts have also issued reports on the company. Royal Bank of Canada lifted their target price on AZEK from $46.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday. Loop Capital lowered shares of AZEK from a “buy” rating to a “hold” rating and set a $47.00 price objective on the stock. in a research report on Friday, October 4th. Robert W. Baird raised their target price on shares of AZEK from $52.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday. BMO Capital Markets boosted their price target on shares of AZEK from $49.00 to $51.00 and gave the stock a “market perform” rating in a research report on Wednesday. Finally, Benchmark restated a “buy” rating and issued a $55.00 price objective on shares of AZEK in a report on Friday, August 9th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, AZEK has a consensus rating of “Moderate Buy” and a consensus price target of $49.24. Get Our Latest Report on AZEK AZEK Stock Up 2.3 % Hedge Funds Weigh In On AZEK Hedge funds have recently added to or reduced their stakes in the stock. Equitable Trust Co. grew its holdings in shares of AZEK by 2.2% during the 3rd quarter. Equitable Trust Co. now owns 10,346 shares of the company’s stock worth $484,000 after purchasing an additional 226 shares in the last quarter. Tidal Investments LLC lifted its position in AZEK by 3.7% during the first quarter. Tidal Investments LLC now owns 7,060 shares of the company’s stock worth $355,000 after purchasing an additional 251 shares during the period. Creative Planning grew its stake in AZEK by 6.6% during the third quarter. Creative Planning now owns 6,987 shares of the company’s stock worth $327,000 after buying an additional 430 shares in the last quarter. Covestor Ltd increased its holdings in AZEK by 18.8% in the 3rd quarter. Covestor Ltd now owns 2,758 shares of the company’s stock valued at $129,000 after buying an additional 436 shares during the period. Finally, Blue Trust Inc. raised its position in shares of AZEK by 106.4% in the 3rd quarter. Blue Trust Inc. now owns 931 shares of the company’s stock valued at $44,000 after buying an additional 480 shares in the last quarter. Institutional investors own 97.44% of the company’s stock. About AZEK ( Get Free Report ) The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands. Recommended Stories Five stocks we like better than AZEK Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? Vertiv’s Cool Tech Makes Its Stock Red-Hot What Investors Need to Know About Upcoming IPOs MarketBeat Week in Review – 11/18 – 11/22 The How And Why of Investing in Oil Stocks 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for AZEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AZEK and related companies with MarketBeat.com's FREE daily email newsletter .
Janet Yellen tells Congress US could hit debt limit in mid-January