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Alexis Ohanian, Kevin Rose team up to buy and revive Digg Alexis Ohanian, Kevin Rose team up to buy and revive Digg Alexis Ohanian David A. Grogan | CNBC Content aggregator Digg is making a comeback with the help of an unlikely partner: Reddit co-founder and rival Alexis Ohanian. Ohanian and Digg founder Kevin Rose acquired the platform for an undisclosed sum. The deal is backed by venture capital firms True Ventures, where Rose is a partner, and Ohanian’s Seven Seven Six. The partnership was announced Wednesday in a video post to the company’s X account in which Rose called the partnership a “team-up he would have never imagined 20 years ago.” Digg was founded in 2004 and rose to prominence as a major outlet for trending news because it allowed users to rate stories. Rose made what became an infamously goofy appearance on the cover of Businessweek in 2006 as the kid who “made $60 million in 18 months.” The company said in a release that it aims to differentiate itself in the social media market by “focusing on AI innovations designed to enhance the user experience and build a human-centered alternative.” Digg said it will also create a platform that “prioritizes transparency, rewards human effort, and fosters enriching discussions.” Ohanian also teased the collaboration, telling X followers on Wednesday that he was “working on something new… but also old… but also very new” and is “excited” to be partnering with Rose. At its peak in 2008, Digg was reportedly valued at about $160 million. But the rise of Facebook and other social sites caused traffic to Digg to plummet. Meanwhile, Reddit, which was founded a year after Digg by Ohanian and current CEO Steve Huffman, emerged as a direct rival to Digg by forming communities around types of content and letting users similarly rate news stories. In 2012, Digg’s brand and website were acquired by tech incubator Betaworks for about $500,000. Reddit has continued its ascent, reporting nearly 102 million daily active users at the end of the fourth quarter. The site gained widespread attention when it became the center of the 2020 meme stock craze as retail traders inflicted huge pain on hedge funds shorting stocks using a subreddit known as Wallstreetbets. Reddit went public on the New York Stock Exchange last March at $34 a share and has seen its stock nearly quintuple. Shares are up about 3% year to date and added 5.9% during Wednesday’s session. Ohanian has moved on to other projects since he stepped down from Reddit’s board in 2020. He’s currently partnering with billionaire Frank McCourt in a bid for TikTok after President Donald Trump extended the initial deadline for the company’s ********-parent ByteDance to sell the social media platform or face a ban. Rose said in a post on X that he and Ohanian “dreamed up features that weren’t even possible with yesterday’s tech.” “The new @digg brings some great nostalgia, but we’re not here to just rebuild the past or clone a competitor,” he wrote. — CNBC’s Ari Levy contributed to this report. WATCH: Reddit Co-founder Alexis Ohanian is going long on women’s sports Source link #Alexis #Ohanian #Kevin #Rose #team #buy #revive #Digg Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

'Hamilton' Producers Cancel Upcoming Kennedy Center Engagement – Deadline 'Hamilton' Producers Cancel Upcoming Kennedy Center Engagement – Deadline ‘Hamilton’ Producers Cancel Upcoming Kennedy Center Engagement Deadline‘Hamilton’ Cancels Kennedy Center Run Over Trump’s Takeover The New York Times‘Hamilton’ Scraps Kennedy Center Run Over Trump Takeover: “They Said It’s Not for All of Us’ YahooBroadway musical ‘Hamilton’ cancels plans to play the Kennedy Center in 2026 WJLA‘Hamilton’ Cancels Kennedy Center Run Amid Trump Takeover: ‘Some Institutions Should Be Protected From Politics’ Variety Source link #039Hamilton039 #Producers #Cancel #Upcoming #Kennedy #Center #Engagement #Deadline Pelican News View the full article at [Hidden Content]

Home buyers race to beat stamp duty rise Home buyers race to beat stamp duty rise Kevin Peachey Cost of living correspondent BBC Paul and Kate say the cost of buying a home is already tough to deal with Home buyers are scrambling to complete purchases by the end of the month or face paying thousands of pounds extra in stamp duty. First-time buyers in particular, already up against affordability challenges, could be hit when stamp duty thresholds in England and Northern Ireland change on 1 April. One couple said they felt like they were “in a race, and our prize is £11,000”. Lenders say a significant swathe of the country will be drawn into paying the tax, but the government says it is helping more people to buy their first home. At the moment, buyers of homes worth less than £250,000 do not pay stamp duty. This was doubled from £125,000 under Liz Truss’s mini-Budget in September 2022. The threshold is £425,000 for those buying their first property. This was raised from £300,000 as part of the mini-Budget. These higher thresholds will end at the start of April, when they will revert to previous levels. More jeopardy for a Traitor Paul Gorton featured in the 2024 series of cult reality TV series The Traitors. The 37-year-old and his partner Kate Waldron now face another episode of high jeopardy to complete the purchase of their first home in time. “We’re on a knife edge, we’ve got weeks, otherwise it’s going to cost us a large chunk for no reason,” Mr Gorton said. They are trying to buy a property in Congleton, Cheshire. Ms Waldron, 34, said it was a particularly stressful time because she only gave birth to baby Cooper three months ago. They already have two-year-old Charlie and a dog called Buddy. “We’re doing it all at once. It’s an added stress with this deadline looming over us,” she said. Missing that deadline would cost them £6,500, despite having put all their money into the deposit, and facing the prospect of regular bills and nursery fees. Deadline fears Karen Potter, an estate agent in Southport, has about 37 clients in the danger zone of missing the deadline. “In a stressful arena anyway, we’ve got this panic where there’s another source of strain and stress for them,” she said. Property portal Rightmove has estimated that in England, some 25,000 first-time buyers and 74,000 home movers, in the buying process, would be unable to complete in time to beat the deadline. Mortgage brokers have reported buyers pulling out of deals because they could not move before the end of March. The proportion of areas in England in which the average first-time buyer home falls into the scope of stamp duty will rise from 8.4% to 32% on 1 April, according to analysis by the Skipton Group, which includes a building society and estate agency. Jonah and Elle are hoping to complete a purchase within days Stamp duty has always been a more common issue for buyers in the south east of England, where house prices are higher. Some will face higher stamp duty bills owing to the changing thresholds. Jonah Kavanagh and Elle Van Petersen are hoping to buy their first home together in Guildford. They, and their sellers, are pulling out all the stops to get the move completed in time. Failure to do so would cost them £11,000 extra in stamp duty. “It feels like we are in a race, and our prize is £11,000,” said Mr Kavanagh, 29, who was one of those who got in touch on the issue via Your Voice, Your BBC News as he was worried about others in a similar situation. Ms Van Petersen said there was plenty of “uncertainty, anxiety, and nervousness” now on top of the shock that came when no extension to stamp duty relief was announced in the Budget. The government has previously said that Budget was a necessary package to fill what it called a ****** hole in the public finances, and other changes were freeing up properties for first-time buyers. “We’re committed to making home ownership possible for hardworking Brits, that’s why we’re fixing the planning system and building 1.5 million more homes,” said a Treasury spokesman. For Mr Kavanagh and Ms Van Petersen the impact, were they to miss the deadline, would be less money and sensible savings to cover living costs, furniture, and unexpected costs. Ways to make your mortgage more affordableMake overpayments. If you still have some time on a low fixed-rate deal, you might be able to pay more now to save later.Move to an interest-only mortgage. It can keep your monthly payments affordable although you won’t be paying off the debt accrued when purchasing your house.Extend the life of your mortgage. The typical mortgage term is 25 years, but 30 and even 40-year terms are now available. Read more here Source link #Home #buyers #race #beat #stamp #duty #rise Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Emma Raducanu to start trial with coach Vladimir Platenik at Indian Wells Emma Raducanu to start trial with coach Vladimir Platenik at Indian Wells Emma Raducanu will begin a trial ******* with Slovakian coach Vladimir Platenik when she plays her first-round match at Indian Wells on Thursday. The 49-year-old was coaching Lulu Sun when the New Zealand qualifier beat Raducanu in the fourth round of Wimbledon last July. Platenik worked with compatriot Dominika Cibulkova when she reached the semi-finals of the French Open in 2009, and has also coached Russians Daria Kasatkina and Veronika Kudermetova. Loughborough Academy coach Tom Welsh agreed to join Raducanu for Indian Wells, but that was billed as a one-off arrangement. Raducanu, who has been without a permanent coach since Nick Cavaday stood down for health reasons after January’s *********** Open, plays Japan’s Moyuka Uchijima in her opening Indian Wells match. “I don’t want to rush into anything, but I’m looking, I’m finding options and setting trials up,” Raducanu, 22, told BBC Sport before the tournament. “I think once I have a structure in place, I will feel very set – whereas in the Middle East it was very difficult for me because I didn’t really have any direction or [advice on] which tournaments to play, and it was very difficult doing it all on my own. “I’m that kind of person who needs a plan and needs preparation. That’s what I’m building and that’s making me feel more comfortable.” Raducanu has won just one match since Cavaday’s departure but also had to deal with a man who followed her to four tournaments before being issued with a restraining order by Dubai Police. Source link #Emma #Raducanu #start #trial #coach #Vladimir #Platenik #Indian #Wells Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Tropical Cyclone Alfred: How to prepare for sheltering in your home as Tropical Cyclone Alfred: How to prepare for sheltering in your home as As Cyclone Alfred slowly moves closer to the coast, residents have been urged to seek shelter inside. Here’s how you can prepare for securing and sheltering your home. Source link #Tropical #Cyclone #Alfred #prepare #sheltering #home Pelican News View the full article at [Hidden Content]

Thursday’s big stock stories: What’s likely to move the market in the next trading session Thursday’s big stock stories: What’s likely to move the market in the next trading session Stocks popped on Wednesday as investors hoped for concessions to Trump’s tariffs. Here’s what’s on CNBC’s radar heading into Thursday. Source link #Thursdays #big #stock #stories #Whats #move #market #trading #session Pelican News View the full article at [Hidden Content]

Woman, minor shot at point-blank range near Springfield store, restaurant Woman, minor shot at point-blank range near Springfield store, restaurant Police are investigating after two young women were shot at point-blank range on Tuesday. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] As previously reported, the shooting happened around 3:30 p.m. near Little Joe’s, in the 1200 block of S. Center Street in Springfield. TRENDING STORIES: “Three or four shots just fired in front of this carryout on Center Street,” a 911 caller told dispatchers in a call obtained Wednesday. The two people shot, one of which was a minor, didn’t stick around on S. Center Street. Instead, they drove a mile straight to Springfield Regional Medical Center. One of them suffered serious injuries. Springfield officers pulled all around entrances and informed other people at the hospital that they couldn’t come in. “The hospital is on lockdown,” one officer said in a newly obtained body camera video. As reported on News Center 7 at 5:00, body camera video showed what police saw as they investigated a ****** car in the hospital’s emergency lane. They found not just a blasted-out front passenger window, but also a huge bullet hole in the passenger door. Officers who responded to S. Center Street learned that the victims had been sitting in a parked car when the attack happened. Springfield Police declined News Center 7’s request for an interview about the shooting on Wednesday, saying they are tracking down a number of leads that could help them identify a gunman who walked up on the victims. Customers of the store are upset about the gunfire and how often it happens. “This is, it’s just crazy,” Travis Milton said. “It’s a messed up world we’re living in. Like, you know, a few years back, we didn’t have so much gun violence.” No arrests have been made at this point. [SIGN UP: WHIO-TV Daily Headlines Newsletter] Source link #Woman #minor #shot #pointblank #range #Springfield #store #restaurant Pelican News View the full article at [Hidden Content]

Here’s why Uber could rally 31% in the next year, Girard CIO says Here’s why Uber could rally 31% in the next year, Girard CIO says Shares of Uber have already surged 27% to start off the year, but Girard Advisory Services’ Timothy Chubb believes there’s more upside ahead for the ride-sharing stock. The firm’s chief investment officer joined CNBC’s ” Power Lunch ” on Wednesday to share his take on the name, along with a pair of other market movers. Here’s what he had to say. Uber Despite its year-to-date outperformance, it has been a choppy time for Uber stock. Last month, shares lost nearly 8% in a single day after the company guided for softer-than-expected gross bookings in its first quarter. Uber also missed on analysts’ earnings expectations, although it posted a fourth-quarter revenue beat. Still, Chubb highlighted Uber as one of his highest conviction ideas. “I think Uber is a perfect example where the fundamentals of the core business are doing extremely well,” he said. “I think the market is still really underappreciating just how much more activity they’re having with their users on the platform as compared to a Lyft, for example, and how much free cash flow they’re generating.” On Tuesday, Uber began offering robotaxi rides in Austin, Texas, through a partnership with Waymo. The companies are planning to launch in several other U.S. cities this year. Chubb added that shares of Uber could “certainly” trade above $100 at some point within the next year or so. If the stock crosses this threshold, that would mark a 31% gain from Uber’s Wednesday close. CrowdStrike On the other hand, Chubb highlighted cybersecurity firm CrowdStrike as a pass. The stock tumbled 6.3% on Wednesday after issuing a disappointing earnings forecast . The company said it expects its full-year earnings, excluding some items, to come in between $3.33 and $3.45 per share. This fell short of the $4.42 analysts surveyed by LSEG had expected. CrowdStrike’s first-quarter earnings are expected to range between 64 cents and 66 cents per share, below the average estimate of 95 cents. Last July, a CrowdStrike update led to a major IT outage , impairing businesses including airlines and banks. Shares of CrowdStrike have recovered more than 80% since hitting a 52-week low of $200.81 last August, and are up nearly 7% so far this year. “It’s a wonderful business with a lot of stability with that subscription model, but really, one doesn’t have that attractive of a valuation,” Chubb said. Instead, the investor prefers CrowdStrike competitor Fortinet . “They’re a more well-rounded platform and not just end-point detection, and ultimately will benefit, I think, from potentially seeing enterprises shift spending here as [they] potentially streamline things a little bit further,” he added. Citigroup Finally, Chubb was resoundingly bearish on Citigroup . The stock ended Wednesday slightly higher, but it is nearly 9% lower on the week. Alongside other bank stocks, Citigroup has been dragged lower by tariff uncertainty and fears of an economic slowdown. Chubb said expected deregulation under the Trump administration could provide a “pretty strong tailwind” for banks. However, Citigroup still has “a lot of issues” to deal with to improve its business efficiency, he said. “Overall, we’re much more attracted to some other areas within the financials, especially those who are going to be a bit more exposed to M & A activity as valuations continue to fall,” the investor said. Source link #Heres #Uber #rally #year #Girard #CIO Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Appeals court allows Trump administration to remove federal ethics watchdog – CNBC Appeals court allows Trump administration to remove federal ethics watchdog – CNBC Appeals court allows Trump administration to remove federal ethics watchdog CNBCAppeals court allows Trump to remove head of federal watchdog agency for now CNNUS judge rules President Trump firing of Special Counsel unconstitutional JURISTAppeals court allows removal of head of watchdog agency as legal battle rages over Trump firing The Associated Press Source link #Appeals #court #Trump #administration #remove #federal #ethics #watchdog #CNBC Pelican News View the full article at [Hidden Content]

‘We’re no longer a country that cannot be trusted’ ‘We’re no longer a country that cannot be trusted’ Jorn Madslien Business reporter Saab The boss of Sweden’s Saab, which makes the Gripen fighter, says it is now easier for it to win Nato deals War, cross-border conflict and geopolitical upheaval are rarely deemed good for business. Yet that appears to have been the impact of Russia’s invasion of Ukraine on two of the aggressor’s neighbours to its west – Finland and Sweden. Not directly, of course. Rather, it was the two Nordic nations’ response to the invasion that turned fear into hope. Both countries applied for membership of the Western defence alliance Nato in May 2022, some three months after the winter invasion. Less than three years later, they’re both full members and already reaping the benefits, in terms of both national security and economics. “We’re no longer a country that cannot be trusted,” observes Micael Johansson, chief executive of Swedish defence company Saab, in reference to the nation’s previous historic neutrality. He points out that in the year since Sweden joined Nato in March 2024, Saab has already negotiated framework agreements with the Nato Support and Procurement Agency (NSPA). The NSPA is the body that organizes Nato’s ordering from defence firms. Mr Johansson adds it is now much easier to gain insights into what’s going on inside the alliance. “We couldn’t access NSPAs before,” he says. Jukka Siukosaari, Finland’s Ambassador to the ***, agrees. “Being part of Nato brings us on an equal footing with all the other allies. It enlarges the possibilities for Finnish companies in the defence sector and beyond.” Getty Images Mr Johansson says there is a growing realisation that Europe has to do more on its own Private companies will benefit from pledges by Nato member states to increase defence spending. Presently, only 23 of the organisation’s 32 member states currently meet a defence spending target of 2% of GDP, but ambitions have grown in recent months, only to surge in recent weeks and days amidst plenty of turbulence within the alliance. Amidst uncertainty about what Nato might look like in future, there is no doubt that these higher spending commitments will remain and perhaps even strengthen if Europe was to decide it could no longer rely on the USA. Nato’s newest members’ spending commitments are already ahead of those expressed by several existing members. Last year, Finland spent 2.4% and Sweden 2.2% of their respective GDP on defence, and both aim to raise this to between 2.6% and 3% in the next three years. Examples of new Nato initiatives on Europe’s northern flank include the establishment of new Nato bases, and efforts to establish joint defence forces, in northern Finland. Plus the formation of The Joint Nordic Air Command, which brings together Finland’s, Sweden’s, Norway’s and Denmark’s 250 front-line combat aircraft under a joined up command structure, with flexible basing and backed by shared intelligence. In addition, substantial investments will be required to replenish stockpiles of advanced weapons systems, including missiles and anti-tank systems, Mr Johansson points out. And while the White House this week announced a pause in US military aid to Ukraine, European leaders have declared they’re in it for the long haul, so here too we can expect substantial and ongoing spending on arms. Aerial surveillance programmes and underwater systems are also increasingly in demand as the returning tension between Russia and the West brings a new chill to the Arctic region. In these areas Saab’s boss is eager to promote its own solutions, such as the GlobalEye airborne early warning and control platform, and its Sea Wasp, a remotely-controlled underwater vehicle that can neutralise explosive devices. Yet given Donand Trump’s strong emphasis on “America first”, it is unlikely that he will be happy with European Nato members choosing Saab, or indeed any other European defence firm over US rivals. Europe will need to balance its desire to reduce its reliance on the US with their obvious need to retain American support. European members will also need to consider Nato’s defence systems’ complexities and interdependencies. They often combine technologies and machines, weaponry and ammunition, vehicles, crafts and vessels, that are produced in several different Nato countries. In a sense, then, the alliance is held together by complex supply chains and contractual agreements that could not possibly be untangled overnight. “Europe’s Trans-Atlantic relationship will always remain important,” says Mr Johansson, though he also points to a “growing realisation in Europe that we have to do more on our own”. Getty Images The Nordic nations, like other members of Nato, are increasing their military spending “The US really protects its own defence industry, and we should do the same in Europe,” he says, as he welcomes “fierce competition” between commercial defence companies. Much of this competition may be between relative newcomers to the defence industry, however. Finnish government agency Business Finland has published a guidebook that offers advice to companies on how to do business with Nato. Its authors predict that the armed forces on both sides of the Atlantic will have “significant new needs for services and equipment, both hi-tech and low-tech”. Many of these needs will need to be met by start-ups and established small to medium-sized companies, says the guide, rather than exclusively by large, established defence companies. Johan Sjöberg, security and defence policy advisor at the Confederation of Swedish Enterprise, says Nato membership has opened doors for Swedish companies, not least because “the perspective of other countries and companies [towards them] has changed”. Mr Sjöberg adds that he favours a “holistic view, that security is good for business, as increased security and stability provide long-term credibility”. Getty Images Nato has increased its operations in the Arctic region In Finland too, Nato membership has created new opportunities, especially for the plethora of small and medium-sized companies that Ambassador Siukosaari refer to as “Nokia-spin-offs”. These are expected to increasingly provide cutting edge tech, such as drones, sensors and digital surveillance systems for programmes such as the Norway-to-Poland “drone wall” that six Nato members are developing to defend their borders with Russia. Indeed, as the nature of warfare changes, Europe’s security may increasingly rely on cyber-defence and the protection of civilian installations such as systems-critical seabed pipelines and cables. But perhaps the most revolutionary idea to emerge from Nato’s Nordic expansion is the region’s “Total Defence” concept. Also applied by Norway and Denmark, it considers national infrastructure such as the internet and telephony, energy generation and distribution, road networks, and secure supplies of food, medicine as parts of a total defence system. Much of this may not be registered as defence spending in the statistics, but at the same time, none of it is free. Beyond the civilian infrastructure spending, national military service, for instance, sometimes takes people away from the economically productive parts of the economy, Ambassador Siukosaari points out. But perhaps what they deliver does more for the nation than mere provision of products and services? Nato’s newest members believe they could teach other allied countries a thing or two about defence. They clearly offer new perspectives both on how defence spending should be measured. And perhaps also on how civilian society and private enterprise can play their parts. Source link #longer #country #trusted Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

The ***’s real problem with palliative care The ***’s real problem with palliative care BBC The *** was once ranked the best country in the world for end-of-life care – but that’s not the case any longer. And according to experts, the problem runs far deeper than money The people closest to Terry Leader remember him as a man who was always laughing. He emigrated to the *** from the Caribbean island of St Kitts as a child, and was sporty, representing the junior Great Britain martial arts team in the 1970s. Later he became a father of three and worked as a metal spinner and enjoyed spending time with friends and family. Then in 2021, shortly after he retired, everything changed. Terry discovered he had terminal stomach *******. His final wish was to die at home, surrounded by family. But despite being referred for specialist end-of-life care support, Terry and Gillian, his partner of 27 years, were left to navigate his final months largely alone. Apart from medication from Terry’s GP and a couple of visits from district nurses, “there was nothing”, says Gillian. Gillian Holtom Terry was admitted to hospital as his health declined. “It was not how he wanted to spend his last days,” says his partner “I couldn’t understand why – we kept asking but it was hard to get to the bottom of it. I really didn’t know what to do and was doing my best to care for him,” says Gillian. “He was in agony at times – crying out in pain and crawling around. It was so difficult to watch and feel helpless.” As the months passed, Terry deteriorated and was eventually taken to hospital. “I slept on a Z-bed bed next to him, trying my best to look after him,” says Gillian. He died just over two weeks later. He was 67. “It was not how he wanted to spend his last days,” she tells me today. “I want to see changes so others do not have to go through what we did.” The ‘inadequate’ state of care Terry and Gillian’s story is far from unique – and this has become a factor as MPs debate a bill that would allow terminally ill adults in England and Wales to seek to end their own lives. Some opponents of changing the law have highlighted what they describe as the inadequate state of palliative care – the services that provide support at the end of life to manage pain and other symptoms. Health Secretary Wes Streeting, who is against the bill, has warned that people nearing the end of their lives may feel “coerced” by a lack of better alternatives. Like Terry, the overwhelming majority of people say they would like to die at home, Office for National Statistics figures suggest, but in reality just over a quarter do. Instead, the most common place of death is in hospital. It is estimated that at least three-quarters of the 650,000 people who die every year in the *** require palliative care. But a recent report by end-of-life charity Marie Curie suggested more than a fifth of those who need it in England and Wales do not receive any. And overall, half of families said they were unhappy about the care their loved ones receive in their final months. But this hasn’t always been the case – until recently the picture was very different. ‘It’s not just about money’ As recently as 2015, the *** was ranked the best country in the world for end-of-life care by the Economist Intelligence Unit. However, Association for Palliative Medicine president Dr Sarah Cox says: “That’s not the case any longer. We’re not getting the funding we need. But it is not just about money – it is the way services are organised.” Of course, there are many reasons people end up dying in hospital when they would have preferred to have done so at home. But, ultimately, the lack of palliative care is thought to be the crucial factor in most cases, experts say. And so accident and emergency departments in hospitals become the safety net. The Marie Curie report found around half of people in England and Wales end up going to A&E at least once in their final three months, and one in eight spend 30 days or more in hospital. And a hospital death is not always in the relative comfort of a bed on a ward. Hospital palliative care doctor Dr Rachel Clarke says she can spend whole days in A&E trying her best to care for patients dying in resuscitation areas and in corridors. “It’s a travesty people end their lives like that.” Specialist palliative care is actually provided by a range of different organisations. “People receive it from hospitals, from community NHS teams, from social care and from hospices,” says Dr Cox. “But families tell us that there is a lack of coordination between the different parts of the system. People struggle to get the help they need and end up in hospital.” Getty Images Some staff lack the confidence to speak to patients and families about dying, says an expert This is exactly what happened to Terry, who was rushed to hospital in an ambulance because of a fluid build-up related to his ******* two weeks before he died and never returned home. With better support at home, it is quite possible he would never have needed to be admitted. On top of the financial pressures felt by the rest of the NHS, experts say that a combination of demographic changes, different parts of the system acting in isolation and cash being spent in the wrong places have all brought the palliative care system to this point. And the problems are becoming more acute each year. For the 30 years up to 2011, the number of people dying in the *** was falling but that has changed as the people born during the ***** in births following World War Two have grown old. Over the next decade, the number of deaths a year is expected to increase by 12%. The difficulties faced by hospices Where it works well, palliative care makes all the difference to those who use it. Hospices are a major provider of care, supporting 300,000 people a year – mainly in the community, not just inside their own buildings, contrary to popular belief. St Christopher’s Hospice in south London, which is the oldest hospice service in the ***, supports more than 1,700 people with terminal illnesses across four London boroughs. It receives referrals from GPs, district nursing teams and hospitals. Grace Larder Grace says most people she cares for express a wish to die at home, and for most, this could be possible with the right care Palliative care nurse Grace Larder says she provides many types of support to her patients, some of whom have motor neurone disease, Parkinson’s and liver failure. This includes pain control and care for other physical problems, along with helping them with psychological and financial needs. “We really develop relationships with people,” she says. “There’s one patient I’ve been working with for nearly two years. You want to do your best.” Most people she cares for tell her that they want to die at home, she says – but that’s only if they get the right care. But many hospice services are in financial difficulties. Only around a third of St Christopher’s funding comes from the NHS, for example; the rest comes from fundraising and charitable donations. A parliamentary report warned the current approach to funding is not sustainable. “What other health service has to get by like that?” says Helen King, who manages the team of nurses at St Christopher’s. She points out that they are fortunate to have an affluent local community that donates generously. “[But] the fact remains we get more money from our shops – from selling second-hand clothing – than we do from the government.” Training is ‘virtually non-existent’ The government has recognised there is a problem and provided an extra £100m of funding this year to the sector – although hospice services have said this will mostly go on the rising costs they are facing. As for hospitals offering palliative care, audits show that four in 10 hospitals, for example, do not have specialist services available seven days a week – despite this having been set as a national standard in 2004. In practice, that means there is no specialist palliative care support from doctors or nurses available during evenings and weekends either in person or on-call, says Dr Clarke. “You would never have that for other specialities like cardiology or renal so why should it happen for palliative care?” This is compounded by the fact that palliative care training is “virtually non-existent” for the other staff who pick up the burden, who often lack the confidence to speak to patients and families about dying and prescribe the right drugs, she says. “We will come into work and find patients really suffering – in pain, breathless, agitated or with nausea and vomiting. It is hard to over-state how lamentably badly-resourced palliative care services are.” Meanwhile, in the community, GPs are left to pick up the pieces. But Dr Catherine Millington-Sanders from the Royal College of General Practicioners says that, given an “unrelenting workload” and staffing shortages, it is difficult to provide the care patients need, particularly home visits. “Families and unpaid carers bear the brunt,” she says. Money would help – but it won’t fix it So what is the solution? More money would help, but it wouldn’t fix everything. Earlier this year the Health Economics Unit and Nuffield Trust think-tank found that plenty was being spent on people in the final year of their life. Nearly £12bn was going on their healthcare, the report found – that works out at in excess of £18,000 per person for everyone who dies. But the overwhelming majority of that £12bn – 85% – goes on hospitals and emergency care, rather than support in the community. It is, essentially, a false economy, as support in hospital tends to be more expensive. Dr Sam Royston, executive director of research at the charity, says these findings go a long way to explaining why “too many people are dying in places where they don’t want or need to be”. He adds: “There must be a clear long-term ambition for all *** governments to shift health expenditure on people at the end of life from hospital to community.” According to Dr Royston, just shifting 20% of the money spent caring for dying people in hospital would be transformative for community services as it would double current spending. Is better coordination the solution? What would a better system look like? First of all, more could be done to identify people’s needs before they are admitted to hospital, Dr Royston believes. He points to a service in Bradford called React which works in emergency departments to identify and assess patients and diverting them towards teams in the community who can support them instead. A study found it reduced average unplanned bed days in patients’ final year of life from 38 to 18. But to reduce the number of people going to hospital in the first place, there needs to be greater co-ordination of services too, given the complexity of support and variety of providers, says Dr Cox. She says there need to be electronic records that detail the wishes of people who are at the end of life that health and care staff can access: “These electronic systems are available in some areas but not others,” she says. She also argues providing a central hub or phone line to help people navigate and coordinate care would be transformational. She points to a system that has been set up in Cambridgeshire between a local hospice service, NHS 111 and the local ambulance service. It provides people at the end of their life with access to a specialist nurse 24 hours a day, simply by calling the NHS 111 advice line. “A service like this can make a huge difference, providing equipment, responsive visits as well as telephone advice and signposting to other services,” adds Dr Cox. And better training for non-specialist staff is also essential, Dr Cox and Dr Clarke agree. “My utopia would be that you don’t actually need lots of specialist palliative care services because everybody is so good at supporting patients at the end of life,” adds Dr Clarke. “If we were able to support people in the community properly, it would be better for them and would actually cost the NHS less.” She adds: “We need to prioritise this – you only die once.” Top image credit: Getty Images BBC InDepth is the home on the website and app for the best analysis, with fresh perspectives that challenge assumptions and deep reporting on the biggest issues of the day. And we showcase thought-provoking content from across BBC Sounds and iPlayer too. You can send us your feedback on the InDepth section by clicking on the button below. Source link #UKs #real #problem #palliative #care Pelican News View the full article at [Hidden Content]

Utah is poised to pass an age verification law for app stores Utah is poised to pass an age verification law for app stores Utah has once again passed that attempts to place new limits on children’s ability to access social media and other apps. The state legislature passed a bill that requires app store makers to verify the ages of users and get parental consent for the downloading of apps. Should the governor sign the bill into law, it would be (as The Verge ) the first such measure in the country. The Beehive State has previously attempted to restrict how children can use social media. The state passed two laws that imposed age verification and parental permission requirements onto social media companies. Those laws were later amid legal challenges, and a Utah judge them from taking effect last fall. The “App Store Accountability Act” takes a different approach. It puts the burden on app stores (namely, Apple and Google) to conduct age verification and parental permission rather than individual social media platforms. Unsurprisingly, Meta and other social media companies have the app store-centric approach to . On Wednesday, Meta, Snap and X issued a rare praising the Utah measure. “Parents want a one-stop shop to verify their child’s age and grant permission for them to download apps in a privacy-preserving way,” the companies said. “The app store is the best place for it, and more than a quarter of states have introduced bills recognizing the central role app stores play. We applaud Utah for putting parents in charge with its landmark legislation and urge Congress to follow suit.” Apple and Google so far haven’t publicly weighed in on Utah’s bill, though we’ve reached out to both for comment. Given the controversy surrounding previous attempts to impose age verification requirements on platforms, the Utah bill will likely face legal challenges if and when it’s signed into law. Even so, other states are likely to follow Utah’s lead on this issue. At least are considering similar measures. Source link #Utah #poised #pass #age #verification #law #app #stores Pelican News View the full article at [Hidden Content]

Lyon coach to cool his heels for touchline fracas Lyon coach to cool his heels for touchline fracas Lyon boss Paulo Fonseca has been handed a lengthy touchline ban following his confrontation with a referee last weekend. Fonseca, hit by the suspension on his 52nd birthday, has been barred from the dugout until November 30 after squaring up to French referee Benoit Millot in Sunday’s 2-1 Ligue 1 home win against Brest. After being sent off for his “intimidating attitude” – according to Millot, Fonseca angrily confronted the match official, screaming in his face. “He came at me with an intimidating attitude and I decided to send him off straight away. It got out of hand,” Millot told French sports daily L’Equipe. The Portuguese has also been banned by the French Professional Football League (FPFL) from entering the Lyon dressing room until September. “Mr Fonseca is a Ligue 1 coach. He is above all an educator. It goes without saying that this attitude is strictly incompatible with these duties,” FPFL disciplinary committee president Sebastien Deneux said. “Mr Fonseca’s attitude, throwing himself towards the referee, yelling at him, to the point that they found themselves head to head, is an attitude characteristic of intimidating and threatening behaviour.” Lyon said they were concerned by the severity and rapid sanction imposed on Fonseca, saying that the coach was not judged solely on his actions, which they described as an emotional reaction without intent to harm the referee. “In light of a sanction that seems to have been dictated by the negative context affecting French refereeing, (Lyon) announced that it is studying all possible avenues of appeal,” the club said in a statement. The French referees’ union said last week its members would exercise their right to resign if they or their families were in danger after a match official faced an “outpouring of hatred” following comments made by Marseille president Pablo Longoria. Former Roma, Lille and AC Milan head coach Fonseca, who apologised for his behaviour after the match, replaced the sacked Pierre Sage as Lyon boss at the end of January and has been in charge for just three matches. Lyon, sixth in standings, face Steaua Bucharest in the first leg of their Europa League last-16 tie on Thursday. With Reuters. Source link #Lyon #coach #cool #heels #touchline #fracas Pelican News View the full article at [Hidden Content]

NASA powers down two instruments on twin Voyager spacecraft to save power NASA powers down two instruments on twin Voyager spacecraft to save power NEW YORK (AP) — NASA is switching off two science instruments on its long-running twin Voyager spacecraft to save power. The space agency said Wednesday an instrument on Voyager 2 that measures charged particles and cosmic rays will shut off later this month. Last week, NASA powered down an instrument on Voyager 1 designed to study cosmic rays. The energy-saving moves were necessary to extend their missions, Voyager project manager Suzanne Dodd at the NASA Jet Propulsion Laboratory said in a statement. Trusted news and daily delights, right in your inbox See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. The twin spacecraft launched in 1977 and are currently in interstellar space, or the space between stars. Voyager 1 discovered a thin ring around Jupiter and several of Saturn’s moons, and Voyager 2 is the only spacecraft to visit Uranus and Neptune. Each spacecraft still has three instruments apiece to study the sun’s protective bubble and the swath of space beyond. Voyager 1 is over 15 billion miles (24.14 billion kilometers) from Earth and Voyager 2 is over 13 billion miles (20.92 billion kilometers) away. ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content. Source link #NASA #powers #instruments #twin #Voyager #spacecraft #save #power Pelican News View the full article at [Hidden Content]

China doubles down on AI and tech as Trump ratchets up trade pressure China doubles down on AI and tech as Trump ratchets up trade pressure A security guard watches during the opening session of the National People’s Congress (NPC) in the Great Hall of the People in Beijing on March 5, 2025. Wang Zhao | Afp | Getty Images BEIJING — The undercurrent of China’s annual parliamentary meetings this week is U.S. trade tensions — and how ******** technology is offsetting that pressure. The largely ceremonial gathering of delegates in Beijing this year came just as U.S. President Donald Trump addressed Congress and imposed new tariffs on ******** goods. It’s a clear drag on exports, while ******** companies have only faced tougher restrictions on accessing high-end semiconductors and other advanced tech. “Internationally … an increasingly complex and severe external environment may exert a greater impact on China in areas such as trade, science and technology,” ******** Premier Li Qiang said in his annual report on government work at the opening ceremony of the National People’s Congress on Wednesday, according to an official English translation of the ********. It was an unusually grim assessment at least among the seven parliamentary meetings I have attended. But I also sensed a greater willingness to support the private sector than in the past — especially as it relates to tech innovation, such as with ******** AI company DeepSeek. “We will promote the healthy and well-regulated development of the platform economy and give better play to its role in inspiring innovation, expanding consumption and stabilizing employment,” Li said in the work report. That marked the latest signal that Beijing now wants to support the private sector after previously taking a far more restrictive stance and imposing large fines on tech giants Alibaba and Tencent, often called “platform“ companies in China. Many companies and industries in China have historically been dominated by the state. DeepSeek’s recent rise demonstrated to many international investors — who had grown cautious on the slowing economy — how a ******** company could compete with the U.S. on AI, regardless of White House sanctions. Beijing was quick to affirm the startup’s success. DeepSeek’s Liang Wenfeng attended a meeting with Premier Li in January, and a symposium with ******** President Xi Jinping in February. AI to counter protectionism? While DeepSeek didn’t get a specific mention in the government work report, a member of the team that drafted the report named it — and applications such as Kuaishou’s Kling AI for video generation — while talking to the press on Wednesday about China’s rapid AI development. “Historically, technological progress is often an important force for breaking through barriers and protectionism,” Chen Changsheng, who is also deputy director of the State Council Research Office, said in Mandarin translated by CNBC. “We look forward to how under the current international backdrop, AI will become a positive energy to promote cooperation and multilateralism,” he said. HONG KONG, CHINA – JANUARY 28: In this photo illustration, the DeepSeek apps is seen on a phone in front of a flag of China on January 28, 2025 in Hong Kong, China. Anthony Kwan | Getty Images News | Getty Images “Tech” got one more mention in this year’s report versus last year, and “reform” got 10 more mentions, according to the ********-language versions. Tech self-reliance also got its own sub-section in China’s latest annual work report, in contrast to a passing mention in 2024. A new law China’s legislature has been discussing a new law to support the private sector. Beijing has said it would be enacted as soon as possible after further discussions and revisions. This year, policy will likely be driven more from the bottom up, rather than the top down, said Ding Wenjie, investment strategist for global capital investment at China Asset Management Co., according to a CNBC translation of her Mandarin-language remarks. She expects growth in AI and leading tech to spur development of other industries, but cautioned that it will likely take companies more than just one or two quarters to see results. China’s parliamentary meetings officially wrap up early next week. More official comments on tech and the private sector law are expected to trickle out in coming days. Among the top priorities for the year ahead, Premier Li said, is supporting “the extensive application of large-scale AI models.” Beijing plans to increase funding for biomanufacturing, quantum technology, AI-linked robotics and 6G technology. The industry-specific goals come as China is trying to boost consumer spending, minimize the drag from real estate and navigate trade tensions with the U.S. China’s “policy focus is to accelerate AI adoption and autonomous driving, while make gradual progress in restructuring housing and [local government financing vehicle] debt,” Morgan Stanley’s chief China Economist Robin Xing and a team said in a note Wednesday. They noted that the “fiscal package came as expected: a [2 trillion yuan ($280 billion)] expansion with mild support on consumption.” ******** official comments during this week’s meetings hint at a preference for open-source models. Chen on the work report drafting team warned against “excessive” use of private AI projects that could fragment the market, and instead called for “large-scale applications.” China will also work to increase computing capacity and develop “a system of open-source models,” the economic planning agency, called the National Development and Reform Commission, said in its plan for the year ahead. Source link #China #doubles #tech #Trump #ratchets #trade #pressure Pelican News View the full article at [Hidden Content]

Trump administration removes ethics watchdog Dellinger Trump administration removes ethics watchdog Dellinger FILE PHOTO: Special Counsel of the U.S. Office of Special Counsel Hampton Dellinger poses for a portrait in an undated handout image. U.S. Office Of Special Counsel | Via Reuters A federal appeals court on Wednesday allowed the Trump administration to remove a top federal ethics watchdog from his office while a lawsuit challenging his termination plays out. The order permitting the removal of Hampton Dellinger as head of the Office of Special Counsel came four days after a federal district court judge ruled that President Donald Trump’s attempt to boot Dellinger was “unlawful.” However, the order by a unanimous three-judge panel on the U.S. Court of Appeals for the District of Columbia Circuit left open the question of whether Dellinger will be able to return to his position pending the outcome of the Trump administration’s appeal in the case. The panel, which said it would issue an opinion explaining its order “in due course,” also expedited the case, setting a briefing schedule that will end April 11. “The Clerk is directed to calendar this case for oral argument this term on the first appropriate date following the completion of briefing,” the panel wrote. Since being filed by Dellinger, the case has already landed in the lap of the Supreme Court once, albeit briefly. And the high court is likely to have the final say on whether Trump has the power to dismiss the special counsel. Dellinger, who had a five-year term, was appointed as special counsel in March 2024 by then-President Joe Biden, and later confirmed by the Senate. Trump fired Dellinger by email last month as part of a wide-ranging effort to reduce the number of federal workers. Dellinger’s office is responsible for protecting federal employees who act as whistleblowers about ******** or unethical conduct. Dellinger sued the Trump administration in U.S. District Court in Washington, D.C., over his termination. He argued his dismissal was ******** because of a federal law that says special counsels can only be removed by the president “for inefficiency, neglect of duty, or malfeasance of office.” District Court Judge Amy Berman Jackson on Feb. 10 issued an order barring Dellinger’s removal as the case continued. The Trump administration then appealed to the Court of Appeals, which in a 2-1 ruling declined to overturn Berman’s order. The Department of Justice then asked the Supreme Court to rule that Trump had the power to fire Dellinger. But the Supreme Court declined to do so, for now, letting the case wind its way through lower federal courts. Berman then ruled on Saturday that Trump’s firing was unlawful. “The Special Counsel’s job is to look into and expose unethical or unlawful practices directed at federal civil servants, and to help ensure that whistleblowers who disclose fraud, waste, and abuse on the part of government agencies can do so without suffering reprisals,” Jackson wrote in her ruling. “It would be ironic, to say the least, and inimical to the ends furthered by the statute if the Special Counsel himself could be chilled in his work by fear of arbitrary or partisan removal,” Jackson wrote. The DOJ immediately asked the Court of Appeals in an emergency motion to stay Jackson’s ruling pending the outcome of its appeal of that decision. In its order Wednesday, the three judges on the appeals court panel said the Trump administration had “satisfied the stringent requirements for a stay pending appeal.” “This order gives effect to the removal of appellee [Dellinger] from his position as Special Counsel of the U.S. Office of Special Counsel,” the order noted. In the weeks since Trump first tried to fire Dellinger, the special counsel had opposed the president’s efforts to fire probationary employees across several federal agencies. Source link #Trump #administration #removes #ethics #watchdog #Dellinger Pelican News View the full article at [Hidden Content]

Sylvester Turner, Democratic congressman and former Houston mayor, dies at 70 – CNN Sylvester Turner, Democratic congressman and former Houston mayor, dies at 70 – CNN Sylvester Turner, Democratic congressman and former Houston mayor, dies at 70 CNNLongtime Houston Mayor and Congressman Sylvester Turner dies at age 70 Houston Public MediaONLY ON 2: KPRC 2 speaks to Harris County Judge Lina Hidalgo following passing of former Houston Mayor Sylvester Turner KPRC Click2HoustonWhat happens to Sylvester Turner’s seat in Congress in the wake of his death KHOU.com’Don’t mess with Medicaid’: Texas lawmaker’s final message to Trump before dying at 70 USA TODAY Source link #Sylvester #Turner #Democratic #congressman #Houston #mayor #dies #CNN Pelican News View the full article at [Hidden Content]

Lexus GX recalled | The West *********** Lexus GX recalled | The West *********** Lexus is recalling 28 examples of its GX off-roader fitted with the optional Electric Brake Controller. “Due to an error in the fitting instructions for the optional accessory Electric Brake Controller, the Lower Driver’s Airbag Assembly (removed during accessory fitment) may have been reinstalled using the incorrect torque,” the company says in its recall notice, noting this may cause the bolts to loosen. “As a result, the lower driver’s airbag may not deploy as intended. In the event of an accident, the airbag not deploying as intended could increase the risk of injury or death to vehicle occupants.” Lexus says owners may hear a rattle from the driver’s knee airbag area. Toyota has also issued an identical recall for the LandCruiser Prado, the Lexus GX’s less luxurious twin. Camera IconSupplied Credit: CarExpertA total of 28 vehicles are affected, produced between March 6, 2024 and September 17, 2024The Vehicle Identification Number (VIN) list is attached hereThe original recall notice is attached here, with a more detailed notice on Lexus’ website If you own an affected vehicle, you’ll need to make an appointment with a Lexus Australia dealership for a free inspection and fix. This fix will take approximately an hour to complete, however Lexus advises you may need to make your vehicle available for a longer ******* of time. If you have any further questions, you can contact the Lexus Customer Assistance Centre on 1800 023 009 on weekdays from 8am to 6pm AEDT. MORE: Everything Lexus GX Source link #Lexus #recalled #West #*********** Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

U.S. firms demand crackdown on tariff-evading ******** importers U.S. firms demand crackdown on tariff-evading ******** importers By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – The U.S. needs tougher legislation to enforce trade laws and ensure criminal prosecution of ******** government-subsidized companies that circumvent U.S. tariffs by shipping goods through third countries, U.S. companies said on Wednesday. Executives from a slate of mid-size industrial companies – including makers of steel pipes, kitchen cabinets and coat hangers – said at an event with lawmakers on Capitol Hill that for years the U.S. had been losing out on tariff revenue and American companies had been forced out of business by ******** firms that exploited trade rules. Even when U.S. companies had won trade cases, they said, limited funding for enforcement meant the ******** firms could easily find loopholes. FILE PHOTO: A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs “We’ve been forced to close factories, reduce employment and reduce investment,” said Tom Muth, executive vice president of Zekelman Industries, an independent pipe and tube producer. “These imports come not directly from China, but indirectly. They come from countries like Oman, Thailand, Vietnam and the UAE. These are all major importers of subsidized and dumped hot-rolled steel from China,” Muth said. Milton Magnus, CEO of M&B Metal Products Company, Inc, which produces wire garment hangers for the dry cleaning and textile industries, said his 82-year-old family business had been fighting ******** trade practices by China for 22 years. Magnus told the lawmakers, including Republican Representative Ashley Hinson and the Democratic ranking member of the House of Representatives’ select committee on China, ***** Krishnamoorthi, that his company won an anti-dumping case against China in 2008 but it provided little relief. “Before the ink was dry on the order, China was already evading the order by transshipping through other countries, hopping from country to country, changing the names, shifting shipments, just to stay ahead of us,” Magnus said. The executives were speaking in favor of a bipartisan bill that would ramp up prosecution of duty evasion and other trade fees, called the Protecting American Industry and Labor from International Trade Crimes Act. China’s embassy in Washington did not respond to a request for comment on the executives’ charges. The reintroduction of the bill, which failed to make it to law in the last Congress, comes as President Donald Trump has launched into a new tariff war with China, as well as Mexico and Canada. In an address to Congress on Tuesday, Trump said the U.S. has been “ripped off for decades by nearly every country on Earth,” adding that his administration would resort to reciprocal tariffs or non-tariff measures for any retaliation by U.S. trading partners. Story Continues The executives warned that without increased funding for enforcement, shipments via third countries and tariff evasion would continue. “I’ve watched American factories shutter not because they failed, but because enforcement failed them. It’s unacceptable,” said Betsy Natz, CEO of the Kitchen Cabinet Manufacturers Association. She said her group spent $10 million fighting a major anti-dumping case that resulted in 260% tariffs against ******** exporters, only for those goods to be funneled through Vietnam, Malaysia, Cambodia and Indonesia, evading duties. David Rashid, executive chairman of auto-parts maker Plews and Edelmann, said the U.S. needed an enforcement system that punishes cheaters. “Not just fines, but prison,” he said. (Reporting by Michael Martina and David Brunnstrom; additional reporting by David Lawder; Editing by Stephen Coates) Source link #U.S #firms #demand #crackdown #tariffevading #******** #importers Pelican News View the full article at [Hidden Content]

Korea CPI, Trump auto tariff concessions in focus Korea CPI, Trump auto tariff concessions in focus People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were set to open higher Thursday, as Wall Street rose overnight after U.S. President Donald Trump postponed tariffs on certain automakers. Australia’s S&P/ASX 200 traded around the flatline. Japan’s Nikkei 225 futures pointed to a higher open for the market. The futures contract in Chicago was at 37,695 and its counterpart in Osaka last traded at 37,700 compared to the index’s previous close of 37,418.24. Hong Kong’s Hang Seng index futures were at 23,962, also higher than HSI’s last close of 23,594.21. South Korea’s consumer inflation for February rose 2% year on year, more than Reuters estimates of a 1.95% increase, and slower than the 2.2% gain in January. The White House on Wednesday announced a one-month delay on tariffs for automakers whose vehicles comply with the United States-Mexico-Canada Agreement. White House spokesperson Karoline Leavitt also said that Trump was “open” to additional tariff exemptions beyond the pause on auto levies. Overnight in the U.S., the three major averages closed higher. The Dow Jones Industrial Average rebounded 485.60 points, or 1.14%, to finish at 43,006.59, regaining ground after plunging more than 1,300 points over the last two sessions. The S&P 500 added 1.12% to 5,842.63, while the Nasdaq Composite climbed 1.46% to 18,552.73. —CNBC’s Lisa Kailai Han and Alex Harring contributed to this report. Source link #Korea #CPI #Trump #auto #tariff #concessions #focus Pelican News View the full article at [Hidden Content]

Novo Slashes Wegovy Price, Undercutting Its Most Bitter Rival – Investor's Business Daily Novo Slashes Wegovy Price, Undercutting Its Most Bitter Rival – Investor's Business Daily Novo Slashes Wegovy Price, Undercutting Its Most Bitter Rival Investor’s Business DailyWeight Loss Drug Will Be Offered for $499 a Month for Some Patients The New York TimesNovo Nordisk introduces NovoCare® Pharmacy, lowering cost of all doses of FDA-approved Wegovy® (semaglutide) to $499 per month and offering easy home delivery for cash-paying patients PR Newswire2. Novo slashes price on Wegovy AxiosNovo Nordisk goes direct to consumer with Wegovy. What it means for obesity rival Eli Lilly CNBC Source link #Novo #Slashes #Wegovy #Price #Undercutting #Bitter #Rival #Investor039s #Business #Daily Pelican News View the full article at [Hidden Content]

Alisson: Liverpool goalkeeper hailed as ‘best in world’ after PSG heroics Alisson: Liverpool goalkeeper hailed as ‘best in world’ after PSG heroics As well as being perplexed at how their side lost, PSG fans will also feel aggrieved at some decisions that went against them early on. Kvaratskhelia had a fine goal in the first half disallowed by the video assistant referee (VAR) for a marginal offside. Ibrahima Konate was also fortunate not to be sent off after a last-man challenge on Bradley Barcola. Referee Davide Massa decided it was not a foul at the time and, after a check, VAR opted against overruling the official. But aside from Alisson’s heroics, PSG were also wasteful with 17 of their 27 attempts failing to hit the target. “In the first half [PSG] were great and the thing that was missing was goals,” said former Man City defender Nedum Onuoha on BBC Champions League Match of the Day. “The fluidity of the front three is so impressive. Whenever they got the ball they were looking to run at Liverpool, trying to glide past defenders and break into key areas to try to make chances. “Unfortunately the final part, the most important part, was getting the ball in the net and that was missing.” Slot added: “If you look at the underlying stats in the Champions League too it shows you they were number one, and they have already played Atletico Madrid, Manchester City, Bayern Munich and Arsenal. To have the best stats after facing that quality tells you a lot. “For us the only way over here with their fans behind them was to defend as we did. Now we are hoping that our fans at Anfield will help us a lot. We will need Anfield two times.” Source link #Alisson #Liverpool #goalkeeper #hailed #world #PSG #heroics Pelican News View the full article at [Hidden Content]

Jack Daniel’s maker says Canada pulling US alcohol off shelves ‘worse than tariff’ Jack Daniel’s maker says Canada pulling US alcohol off shelves ‘worse than tariff’ Jack Daniel’s maker Brown-Forman’s chief executive Lawson Whiting says ********* provinces taking American liquor off store shelves was “worse than a tariff” and a “disproportionate response” to levies imposed by the Trump administration. Several ********* provinces have taken US liquor off store shelves as part of retaliatory measures against President Donald Trump’s tariffs. “I mean, that’s worse than a tariff, because it’s literally taking your sales away, (and) completely removing our products from the shelves,” Mr Whiting said on a post-earnings call. Canada on Tuesday also imposed 25 per cent tariffs on goods imported from the US, including wine, spirits, and beer. Mr Whiting, however, said that Canada accounted for only one per cent of their total sales and could withstand the hit. He added the company would watch out for what happens in Mexico, which according to its annual report, made up 7 per cent of its 2024 sales. Shares of the company were up about 8 per cent after the liquor maker reaffirmed its annual forecasts which accounted for the impact of tariffs. While Whiting warned of “continued uncertainty and headwinds in the external environment”, he said that he was confident of the company’s trajectory. Brown-Forman has been reeling from a slowdown in demand so far this year, led by the US, Canada and Europe, which offset benefits from stronger sales in emerging markets such as Mexico and Poland. The company has undertaken cost-cutting measures, including workforce reduction. Analysts have said this is a response to a more challenging environment both for the company and the broader spirits industry. Net sales fell 3 per cent from a year ago to $1.04 billion, compared with analysts’ estimate of $1.07 billion, according to data compiled by LSEG. For fiscal 2025, Brown-Forman expects net sales growth in the range of 2 to 4 per cent. CNBC Source link #Jack #Daniels #maker #Canada #pulling #alcohol #shelves #worse #tariff Pelican News View the full article at [Hidden Content]

Two men charged in connection to deaths of 3 Chiefs fans in Northland backyard Two men charged in connection to deaths of 3 Chiefs fans in Northland backyard KANSAS CITY, Mo. — Two men have been charged after investigators say they were connected to the deaths of three Chiefs fans who were found dead in the backyard of a Northland home back in January 2024. According to court records, Jordan Willis and Ivory J. Carson have been charged with three counts of involuntary manslaughter and two counts of delivery of a controlled substance except 35 grams or less of ********** or synthetic cannabinoid. Salty Iguana closing Kansas City-area, Lawrence restaurants More details will be released at 3 p.m. in a news conference where Platte County Prosecuting Attorney Eric Zahnd and Kansas City Police Chief Stacey Graves will discuss the incident which has left Kansas City residents and local media asking questions for over a year. BACKGROUND Investigations have been ongoing since Tuesday, Jan. 9, 2024, when a woman called KCPD and said she had found a dead body at a home near Northwest 83rd Terrace and North Overland Drive after she had been searching for her fiancé — 36-year-old Clayton McGeeney. Investigations revealed that two days before, three men — 37-year-old David Harrington, 38-year-old Ricky Johnson, and McGeeney — had arrived at their friend Jordan Willis’ home to watch the Chiefs’ final regular season game of 2024. Clayton McGeeney, David Harrington and Ricky Johnson However, over the next 48 hours, the men would go silent, leaving family and friends to worry. After the woman informed KCPD of the dead body, they arrived at the home and knocked on the door. They said Willis opened the door and let them inside, even though he never opened the door to McGeeney’s fiancé. Police later found not just the one body, but two others in the backyard. Since the incident, very few updates have been released by law enforcement. However, nearly one month after the incident, police confirmed they had received toxicology reports from the three men. Sources told FOX4 that the report details several substances found in the men’s bodies, including ******** and fentanyl. In that same report, it was revealed that a fifth person had been at the home on the night of the Chiefs game. The friend told police the three men had been alive and awake when he left the house that night. KCPD later discovered that, as early as 1:30 a.m. on Monday, Jan. 8, 2024, the three men had been alive. Willis, however, had gone to bed. It wasn’t until 10 p.m. the next day that McGeeney’s fiancé reported finding the body. FOX4 Newsletters: Sign up to get breaking news sent to your inbox Willis told police he had no idea any of his friends were dead outside and that he hadn’t heard from any of their family members or friends. Investigations revealed that different family members of the three men had messaged him through Facebook Messenger, but did not text or call him directly on the phone. However, the fifth friend’s attorney, Andrew Talge, countered this claim, saying that on the day the men were found, the friend had texted Willis after receiving messages from McGeeney’s fiancé and Johnson’s mother. But Willis never responded. Shortly after, FOX News reported that Willis moved out of the home and checked into a rehab facility. This is a developing story. Stay tuned at FOX4 News for the latest updates and details. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to FOX 4 Kansas City WDAF-TV | News, Weather, Sports. Source link #men #charged #connection #deaths #Chiefs #fans #Northland #backyard Pelican News View the full article at [Hidden Content]

Stock market today: Live updates Stock market today: Live updates Traders work on the floor of the New York Stock Exchange during morning trading on March 4, 2025. Michael M. Santiago | Getty Images Stock futures are little changed Wednesday night after the major averages rebounded on hopes for concessions on President Donald Trump’s tariffs. Futures tied to the Dow Jones Industrial Average traded 13 points higher, or less than 0.1%. S&P 500 futures shed 0.01%, while Nasdaq 100 futures dipped 0.2%. A slew of tech names tumbled in after-hours trading. Marvell Technology dropped more than 13% after posting narrow beats in the fourth quarter. Chipmakers Broadcom and Micron Technology also slid. MongoDB also sank about 16% after its full-year guidance came out well under Wall Street’s expectations. Stocks have had a volatile week so far. The three major U.S. indexes staged a comeback on Wednesday after posting back-to-back losses. The White House said that it would grant a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement. This fueled traders’ hopes that Trump could provide further exemptions, lifting the major averages. The Dow Jones Industrial Average jumped about 485.60 points, or 1.14%. The S&P 500 gained 1.12%, while the Nasdaq Composite added 1.46%. All three indexes are still down more than 1% week to date even after these gains, however. Trump announced tariffs on key U.S. trading partners Mexico, Canada and China earlier this week, which have each since announced retaliation plans, fueling uneasy sentiment. “The pressure this week is broad based, with notable weakness in small caps and growth, while global markets continue to lead,” said Mark Hackett, chief market strategist at Nationwide. “The sharp market decline and collapse in investor sentiment are being driven by the ‘three-headed monster’ of growth challenges, inflationary pressures, and uncertainty in D.C.” Source link #Stock #market #today #Live #updates Pelican News View the full article at [Hidden Content]