Romanian president tasks incumbent PM with forming new government
The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has hit an all-time high this year after climbing in 11 of the last 12 days . The Dow Jones Industrial Average rose 308 points, or 0.7%, while the Nasdaq composite added 1.3% to its own record. Salesforce helped pull the market higher after delivering stronger revenue for the latest quarter than analysts expected, though its profit fell just short. CEO Mark Benioff highlighted the company’s artificial-intelligence offering for customers, saying “the rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.” The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%. CEO Matt Murphy said the semiconductor supplier is seeing strong demand from AI and gave a forecast for profit in the upcoming quarter that topped analysts’ expectations. All the optimistic talk helped Nvidia , the company whose chips are powering much of the move into AI, rally 3.5%. It was the strongest force pushing upward on the S&P 500 by far. They helped offset an 8.9% drop for Foot Locker, which reported profit and revenue that fell short of analysts’ expectations. CEO Mary Dillon said the company is taking a more cautious view, and it cut its forecasts for sales and profit this year. Dillon pointed to how keen customers are for discounts and how soft demand has been outside of Thanksgiving week and other key selling periods. Retailers overall have offered mixed signals about how resilient U.S. shoppers can remain. Their spending has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable after the Federal Reserve hiked interest rates to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A narrower report released Wednesday morning suggested employers in the private sector increased their payrolls by less last month than economists expected. Hiring in manufacturing was the weakest since the spring, according to Nela Richardson, chief economist at ADP. The report strengthened traders’ expectations that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. The central bank had appeared set to continue cutting rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat. Trump’s preference for higher tariffs and other policies could lead to higher inflation , which could alter the Fed’s plans . Fed Chair Jerome Powell said Wednesday that the central bank can afford to cut rates cautiously because inflation has slowed from its peak two years ago and the economy remains sturdy. A separate report on Wednesday said health care, finance and other businesses in the U.S. services sector are continuing to grow, but not by as much as before and not by as much as economists expected. One respondent from the construction industry told the survey from the Institute for Supply Management that the Fed’s rate cuts haven't pulled down mortgage rates as much as hoped. Plus, “the unknown effect of tariffs clouds the future.” In the bond market, the yield on the 10-year Treasury fell to 4.18% from 4.23% late Tuesday. On Wall Street, Campbell’s sank 6.2% for one of the S&P 500’s sharper losses despite increasing its dividend and reporting a stronger profit than analysts expected. Its revenue fell short of Wall Street’s expectations, and the National Football League’s Washington Commanders hired Campbell’s CEO Mark Clouse as its team president. Gains for airline stocks helped offset that drop after JetBlue Airways said it saw stronger bookings for travel in November and December following the presidential election. It also said it’s benefiting from lower fuel prices, as well as lower costs due to improved on-time performance. JetBlue jumped 8.3%, while Southwest Airlines climbed 3.5%. All told, the S&P 500 rose 36.61 points to 6,086.49. The Dow climbed 308.51 to 45,014.04, and the Nasdaq composite rallied 254.21 to 19,735.12. In stock markets abroad, South Korea’s Kospi sank 1.4% following a night full of drama in Seoul. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night, prompting troops to surround the parliament. He revoked the martial law declaration six hours later. In the crypto market , bitcoin climbed near $99,000 after Trump said he would nominate Paul Atkins , a cryptocurrency advocate, to chair the Securities and Exchange Commission. AP Writers Matt Ott and Zimo Zhong contributed.
Nationals MP Barnaby Joyce says the climate protesters who formed a flotilla in Newcastle Harbour in an attempt to disrupt ships at the world’s largest coal port won’t accept the “financial consequences” of their worldview. Joyce made the remarks in a politics panel interview on Seven’s Sunrise, where he was joined by Environment Minister Tanya Plibersek who defended her climate record against the protester’s criticisms. Climate protesters in kayaks attempt to block access to Newcastle coal port. Credit: Getty Images Plibersek said she has approved ten times more renewable energy projects than coal projects. “I’m the first environment minister to stop a coal mine, because of the impact it could have had on water going on to the Great Barrier Reef,” she said. “What I would say about the protests is, of course, in Australia you have a right to peacefully and safely express your view. But if you’re breaking the law, if you’re endangering others, if you’re diverting police resources, then I think you need to face the consequences of that.” Joyce was more scathing in his assessment of the protests. “What these people are doing is going out in the harbour and saying ‘I want Australia to be poor’,” Joyce said. “They never suggest what pensions they want to remove or what schools they don’t want built. They don’t go out with that on their placard, they just go out and say ‘I want Australia to be poor because I have a selfish desire that I can inflict on you my worldview without accepting the consequences financially of what that means’.” Labor will harden its demands on the Greens to pass more than a dozen bills through parliament in the next four days in the belief that voters will blame the smaller party at the next election for blocking the government’s agenda. Prime Minister Anthony Albanese is seeking to have the draft laws passed without a single deal with the Greens after months of argument over housing, the environment, university fees, school funding and other reforms. The approach reflects a crucial calculation that the Greens have lost ground in recent state and local government elections and are at risk of losing federal seats because voters think the party has moved too far to the left on economic policy and the Middle East. But in two significant retreats, Labor shelved a bill on Sunday that sought to crackdown on misinformation and did not put forward a long-awaited ban on gambling advertising after earlier saying it would unveil the package before the end of the year. Read more about the bills before the parliament in the final sitting week of the year here. In the wee hours Sunday at the United Nations climate talks, countries from around the world reached an agreement on how rich countries can cough up the funds to support poor countries in the face of climate change. It’s a far-from-perfect arrangement, with many parties still deeply unsatisfied but some hopeful that the deal will be a step in the right direction. An attendee reacts during a closing plenary session at the COP29 UN Climate Summit. Credit: AP Here’s how they got there: What was the finance deal agreed at climate talks? Rich countries have agreed to pool together at least $300 billion a year by 2035. It’s not near the full amount of $1.3 trillion that developing countries were asking for, and that experts said was needed. But delegations more optimistic about the agreement said this deal is headed in the right direction, with hopes that more money flows in the future. What will the money be spent on? The deal decided in Baku replaces a previous agreement from 15 years ago that charged rich nations $100 billion a year to help the developing world with climate finance. The new number has similar aims: it will go toward the developing world’s long laundry list of to-dos to prepare for a warming world and keep it from getting hotter. That includes paying for the transition to clean energy and away from fossil fuels. Countries need funds to build up the infrastructure needed to deploy technologies like wind and solar power on a large scale. Why was it so hard to get a deal? Election results around the world that herald a change in climate leadership, a few key players with motive to stall the talks and a disorganized host country all led to a final crunch that left few happy with a flawed compromise. Developing nations also faced some difficulties agreeing in the final hours. Meanwhile, activists ramped up the pressure: many urged negotiators to stay strong and asserted that no deal would be better than a bad deal. But ultimately the desire for a deal won out. AP Good morning and welcome to the national news blog from The Sydney Morning Herald and The Age. My name is Josefine Ganko, I’ll be with you on the blog for the first half of the day. It’s Monday, November 25. Here’s what’s making headlines this morning.
DENVER -- Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-year-old girl that they are not pursuing. JonBenet Ramsey, who competed in beauty pageants, was found dead in the basement of her family’s home in the college town of Boulder the day after Christmas in 1996. Her body was found several hours after her mother called 911 to say her daughter was missing and a ransom note had been left behind. The details of the crime and video footage of JonBenet competing in pageants propelled the case into one of the highest-profile mysteries in the United States. The police comments came as part of their annual update on the investigation, a month before the 28th anniversary of JonBenet’s killing. Police said they released it a little earlier due to the increased attention on the case, apparently referring to the three-part Netflix series “Cold Case: Who Killed JonBenet Ramsey.” In a video statement, Boulder Police Chief Steve Redfearn said the department welcomes news coverage and documentaries about the killing of JonBenet, who would have been 34 this year, as a way to generate possible new leads. He said the department is committed to solving the case but needs to be careful about what it shares about the investigation to protect a possible future prosecution. “What I can tell you though, is we have thoroughly investigated multiple people as suspects throughout the years and we continue to be open-minded about what occurred as we investigate the tips that come into detectives," he said. The Netflix documentary focuses on the mistakes made by police and the “media circus” surrounding the case. JonBenet was bludgeoned and strangled. Her death was ruled a homicide, but nobody was ever prosecuted. Police were widely criticized for mishandling the early investigation into her death amid speculation that her family was responsible. However, a prosecutor cleared her parents, John and Patsy Ramsey, and brother Burke in 2008 based on new DNA evidence from JonBenet's clothing that pointed to the involvement of an “unexplained third party” in her slaying. The announcement by former district attorney Mary Lacy came two years after Patsy Ramsey died of cancer. Lacy called the Ramseys “victims of this crime.” John Ramsey has continued to speak out for the case to be solved. In 2022, he supported an online petition asking Colorado’s governor to intervene in the investigation by putting an outside agency in charge of DNA testing in the case. In the Netflix documentary, he said he has been advocating for several items that have not been prepared for DNA testing to be tested and for other items to be retested. He said the results should be put through a genealogy database. In recent years, investigators have identified suspects in unsolved cases by comparing DNA profiles from crime scenes and to DNA testing results shared online by people researching their family trees. In 2021, police said in their annual update that DNA hadn’t been ruled out to help solve the case, and in 2022 noted that some evidence could be “consumed” if DNA testing is done on it. Last year, police said they convened a panel of outside experts to review the investigation to give recommendations and determine if updated technologies or forensic testing might produce new leads. In the latest update, Redfearn said that review had ended but that police continue to work through and evaluate a “lengthy list of recommendations” from the panel. ____ Amy Beth Hanson contributed to this report from Helena, Montana.What are states doing to make sure older drivers are safe behind the wheel?Quincy, MA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the “Notification Letter”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). Previously, Nasdaq granted the Company an exception until December 16, 2024 to file its delinquent Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the "Initial Delinquent Filing") and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. As a result, any additional Nasdaq exception will be limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or until December 16, 2024. In accordance with the Nasdaq Listing Rules, the Company has until December 6, 2024 to submit to Nasdaq an update to its original plan to regain compliance with Nasdaq Listing Rules. The Company intends to submit the required update to its plan and take the necessary steps to regain compliance with Nasdaq Listing Rules as soon as practicable. No assurance can be given that the Company will be able to regain compliance with the aforementioned listing requirement or maintain compliance with the other continued listing requirements set forth in the Nasdaq Listing Rules. The Notification Letter has no immediate effect on the listing of the Company’s common stock or warrants on The Nasdaq Capital Market. About Stran For over 29 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing, and fulfillment functions. The Company’s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com . Forward Looking Statements This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law. Contacts: Investor Relations Contact: Crescendo Communications, LLC Tel: (212) 671-1021 SWAG@crescendo-ir.com Press Contact: Howie Turkenkopf press@stran.com
Mariam watches over her new born girl in the safety of her recently moved into rental home after a harrowing few years where she escaped an abusive ex-husband who beat her when she was previously pregnant and had a miscarriage. or signup to continue reading The 25-year-old Hazara Afghan woman grew up as a refugee in Pakistan and settled in Australia in 2016 as a teenager before getting married a few years later. But the relationship was marred by violence and turbulence. "When I was pregnant he started the violence again and he wanted me to have an abortion," she told AAP. She recounted how her ex-husband kicked her out of the house and she bounced around staying at her parents who were pressuring to get back with him, couch surfing with friends and even some nights sleeping in her car. "It was so hard, out of control, I didn't have any support, my relationship with my parents broke down. I was alone in this world." are a Shi'a minority in Afghanistan and have been long persecuted for their ethnicity and religion, which became even more extreme under the hardline Taliban who swept back into power in 2021 unseating the weak US-backed government after the 2001 invasion. Her ex-husband was also Hazara but he had threatened Mariam that he knew Taliban militants in Afghanistan who would kill her brother there if she did not abort the baby after she was 15 weeks pregnant. All the undue psychological pressure and physical beatings such as pushing her violently across the kitchen table took a toll on her body and she had a miscarriage in a Melbourne hospital, she said as she choked back tears. Mariam, who is providing a name she uses on social media in order not to be publicly identified for her safety, recently remarried with her husband visiting from Pakistan to be with her when she gave birth to a baby girl last month. With the help of the Melbourne-based charity Avalon Centre she was able to secure a two bedroom unit weeks ago in Dandenong, which has the highest number of homeless people of over 2300 in Victoria according to official figures. Deborah Holmes who heads the volunteer-run organisation says the grassroots provides stable furnished homes for vulnerable members of the community with ongoing casework support. "We've got a mission statement to help where we can, when we can, and in whatever way we can," she told AAP. "We're offering a hand up not a handout." The community organisation owns about 15 properties and relies entirely on donations from the public to pay off the loans. Ms Holmes said every dollar counts towards getting people off the streets and into new homes at a time when around the holidays. She and a team of volunteers worked around the clock to get the place ready for Mariam to move in with her baby earlier this month. "If that's just two cups of coffee a day and four friends then you can put a roof over somebody's head." RMIT Senior Lecturer Rojan Afrouz, who has conducted extensive research into , explains they contend with cultural barriers such as not being fluent in English as well as regressive community attitudes. "The main point that Afghan women raised was community pressure and shame and blame, and also that cultural and gender norms were stronger here (in Australia) than back in their own countries sometimes," she said. Dr Afrouz said even though domestic violence as a social phenomenon affects women of all backgrounds in Australia, it is doubly hard for refugees who carry multiple levels of trauma. "Afghan women face a lot of stigma and shame when they want to get a religious or civil divorce... sometimes it is more important than access to mainstream services. "This is because the main action that you need to do is making the decision whether you want to leave or not and the social consequences of that," the social work academic explained. She advocated for a woman-centred approach that is consultative in policymaking that ensures their agency is the prime objective. "We have to make sure that we put women's self determination experiences, not community self determination, at the forefront because sometimes minority women's voices are lost." This was Mariam's experience where she felt shunned from the tight-knit community by wanting to flee an abusive relationship. "My mental health was so bad... it was stressful and painful... everyone was blaming no matter what I said." She feels comfortable and safe in her new home with the ongoing support of her social worker and the Avalon Centre vowing to get back on her feet one day at a time. "Alhamdulillah (Thank God) everything is different now. I shut the door and feel safer than before," said Mariam. "My safety and my baby's safety is more important than anything... I don't want to lose everything again." 1800 RESPECT (1800 737 732) Lifeline 13 11 14 Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementNFL Week 12 grades: Cowboys earn high mark for shocking win over Commanders, Giants get an 'F' after ugly loss - CBS Sports
