Pelican Press

Stock market today: Live updates Stock market today: Live updates Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Stock futures are near flat Thursday night as investors looked to the end of a losing week and month and awaited key inflation data. Dow Jones Industrial Average futures are added 43 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each rose 0.2%. Those moves come as investors ready for the final trading day of the week and month on Friday. The technology-heavy Nasdaq Composite has led the way down, sliding around 5.5% in February due largely to a 5% drop this week. The S&P 500 has slid 2.5% week to date, while the Dow has seen more modest losses with a retreat of just 0.4% Both are down nearly 3% on the month. Traders have been rattled by President Donald Trump’s promise of tariffs and recent economic reports flashing warning signs. A decline of 8.5% in megacap tech titan Nvidia in Thursday’s session the back of earnings threw more cold water on investor sentiment. “February is seasonally a volatile ******* of time for stocks, and that historical trend is playing out right now,” said Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management. “Investors are in search of more clarity on tariffs, elevated inflation and the state of the consumer.” Investors on Friday will closely monitor January data for the personal consumption expenditures price index. Economists polled by Dow Jones expect the measure of price changes for consumers to rise 0.3% from December for an annualized gain of 2.5%. Excluding volatile food and energy prices, so-called core PCE is expect to increase by 0.3% month over month and 2.6% year over year. Economic data on personal income and consumer spending is also expected in the morning. Source link #Stock #market #today #Live #updates Pelican News View the full article at [Hidden Content]

Monster Hunter Wilds Steelbook Edition In Stock At Best Buy, Sold Out At Multiple Retailers Monster Hunter Wilds Steelbook Edition In Stock At Best Buy, Sold Out At Multiple Retailers Monster Hunter Wilds has received great reviews ahead of its release tomorrow, February 28, including an 8/10 in GameSpot’s review. If you want to pick up the latest entry in Capcom’s action-RPG series, you can still get the Steelbook Edition at select retailers. Best Buy has Monster Hunter Wilds Steelbook Edition for PS5 and Xbox Series X, but the $75 edition has started to sell out at other retailers; Amazon and Walmart are sold out of copies for both platforms. Heads up for PC players: Though you can’t get the steelbook case with your preorder, you can save big on Monster Hunter Wilds at Fanatical. The PC digital storefront is taking preorders for Steam keys for all three digital editions: standard, Deluxe, and Premium Deluxe. You’ll save 18% on your Monster Hunter Wilds Steam preorder with this deal, which equates to roughly $13 for standard, $16 for Deluxe, and $20 for Premium Deluxe. Monster Hunter Wilds Preorder Deal at Fanatical (Steam Keys) Monster Hunter Wilds Preorder Bonuses Monster Hunter Wilds preorder bonuses Preordering Monster Hunter Wilds gets you the Guild Knight Layered Armor Set and the Hope Talisman item. These bonuses are included with all digital and physical preorders on all platforms. Additionally, preordering one of the Monster Hunter Wild digital editions from the PlayStation Store also gets you an exclusive mini digital art book. $75 The official Steelbook Edition includes everything in the standard edition, plus a limited-edition steelbook case featuring unique cover art. PS5 and Xbox Series X preorders are still available at Best Buy and GameStop. Target has the Xbox edition in stock, but Amazon and Walmart are sold out for PlayStation and Xbox. Monster Hunter Wilds Digital Deluxe Edition $90 | Preorder for $73.79 on PC Monster Hunter Wilds Digital Deluxe Edition content The $90 Monster Hunter Wilds Digital Deluxe Edition includes the base game and all applicable preorder bonuses, plus the Deluxe Pack, which gets you additional layered armor sets for your hunter, Palico partner, and Seikret mount, an extra talisman, and a selection of cosmetic items. Preorders are available on PS5, Xbox Series X|S, and Steam. Xbox users can preorder the Deluxe Edition on Amazon, too. Fanatical has Steam preorders for the Deluxe Edition listed for $73.79. You’ll get all of the same content as you would if you purchased a copy directly from Steam. Monster Hunter Wilds Premium Deluxe Edition $110 | Preorder for $90.19 on PC Monster Hunter Wilds Premium Deluxe Edition content The $110 Premium Deluxe Edition is another digital-only option available for preorder. This one includes everything in the Digital Deluxe Edition, plus access to two DLC cosmetic packs arrive post-launch, an exclusive music track, and tops it off with a few more cosmetic items for your hunter to wear in-game. You can preorder the Monster Hunter Wilds Premium Deluxe Edition on PS5, Xbox Series X|S, and Steam. Once again, Xbox keys are also available at a few major retailers, including Amazon. If you’re interested in the Premium Deluxe Edition for PC, make sure to check out Fanatical, as you can save about $20 and get all of the same in-game goodies and preorder bonuses. Disclosure: GameSpot and Fanatical are both owned by Fandom. Source link #Monster #Hunter #Wilds #Steelbook #Edition #Stock #Buy #Sold #Multiple #Retailers Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Spurs coach Gregg Popovich will not return this season – NBA.Com Spurs coach Gregg Popovich will not return this season – NBA.Com Spurs coach Gregg Popovich will not return this season NBA.ComGregg Popovich visits with Spurs, won’t return this season ESPNGregg Popovich will not return to Spurs this season after suffering stroke Yahoo SportsSan Antonio head coach Gregg Popovich not returning to lead the Spurs again this season CNNSpurs’ Gregg Popovich says he will sit out remainder of season as he recovers from stroke Fox News Source link #Spurs #coach #Gregg #Popovich #return #season #NBA.Com Pelican News View the full article at [Hidden Content]

Van Nistelrooy vows Leicester ‘still in the fight’ to avoid drop Van Nistelrooy vows Leicester ‘still in the fight’ to avoid drop In Leicester’s favour, however, is time. A five-point deficit is not insurmountable and they have 11 league games left – that’s 33 points to play for. But their upcoming run of fixtures look tough with their next four games being trips to Chelsea and Manchester City and home matches against Manchester United and Newcastle. Leicester defender Wout Faes says the players still believe they can stay up. “Of course, there has to be belief,” the Belgian said. “Weekend after weekend the games count down. I don’t think we have to think too much about going forward. We just have to think game by game and we have to start winning very soon because the games are counting down.” Those who have watched some of their recent games, however, are not so optimistic. Former Leicester midfielder Neil Lennon said on **** Sports: “I hate to say it about any group of players but it is really hard to make a case for them on what we have seen. “West Ham didn’t have to be anywhere near their best to win the game comfortably. There was zero quality, zero belief and the game just seemed to pass them by.” “I think they are gone,” added Chelsea forward Joe Cole. “I think them and Southampton are gone. “How do you get these players to show some kind of spark from now to the end of the season?” Source link #Van #Nistelrooy #vows #Leicester #fight #avoid #drop Pelican News View the full article at [Hidden Content]

U.K.’s Starmer says no ‘divide’ with Trump despite threats to annex Canada – National U.K.’s Starmer says no ‘divide’ with Trump despite threats to annex Canada – National British Prime Minister Keir Starmer on Thursday declined to weigh in on U.S. President Donald Trump’s repeated calls to make Canada the 51st state, before Trump cut off the U.K. leader’s answer entirely during a joint press conference. Starmer was asked whether he or King Charles III was concerned about Trump’s rhetoric toward a Commonwealth member at the end of a visit to the White House that included multiple meetings on issues like trade and the war in Ukraine. The British leader said the topic of Canada did not come up during those talks and sought to highlight the historic friendship between the United Kingdom and United States. “I think you’re trying to find a divide between us that doesn’t exist,” Starmer said. After continuing with his answer for a moment, Trump interrupted with “that’s enough, thank you” and called on another reporter. Story continues below advertisement Canada is a member of the British Commonwealth of former colonies. While King Charles is technically the head of state for those countries, they are free to make their own decisions as independent nations. In Canada, the King is represented by the Governor General who acts on the advice of the head of government, the prime minister. The King and Canada’s allies in Europe have stayed silent while Trump repeatedly talks about the U.S. taking over Canada, at one point threatening “economic force” to do so. 2:05 Joly warns Europe of Trump threats: ‘It’s coming’ Although ********* officials have sought to downplay Trump’s threats as unserious, Prime Minister Justin Trudeau was heard telling a group of ********* business and labour leaders earlier this month that Trump’s threat was “a real thing,” tied to his administration’s desire for access to Canada’s critical minerals. Story continues below advertisement Trump has threatened to impose steep tariffs on Canada and Mexico, citing what he says are large flows of fentanyl coming into the U.S. from those countries. The tariffs are set to come into effect on Tuesday after a 30-day pause, Trump confirmed this week. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Foreign Minister Melanie Joly told reporters after a trip to Europe earlier this month that many European leaders don’t fully grasp how the Trump administration is challenging Canada’s economy, when asked why few national leaders have spoken out against Trump’s threats against Canada. Trending Now Gene Hackman, his wife and dog found dead in their New Mexico home 2 arrested, 5 rescued in search operation near Canada-U.S. border in Quebec More on Canada More videos “Based on my conversations with many European colleagues, many of them are not necessarily completely aware of what is going on, first in the U.S. and secondly in Canada. Every country in the world is looking at its own reality,” she said. “I think that it was a wake-up call, for Europeans to hear what we’re going through.” Joly also added that she did not raise Trump’s comments about Canada being absorbed by the U.S. with Secretary of State Marco Rubio during a meeting with G7 colleagues in Germany. She said she did respond when some U.S. senators “were making jokes about it” on the sidelines of a summit in Munich. “I said it’s not funny. And this is a question of respect of our country, respect of our leaders, and respect of our people. And I always answer the same thing, which is (that) we will be the best neighbour, the best allies — but we will never be a state and we’ll never be a colony,” she said. Story continues below advertisement “Canadians are proud people, a courageous people, and they don’t accept any form of rhetoric that is against our own identity as a country.” Canada’s ambassador to the U.S. Kirsten Hillman told Global News last week that talk about making Canada the 51st state “almost never” comes up in her discussions with officials in Washington. However, she said Trump’s Republican allies have not disavowed his annexation threats either. —With files from the ********* Press &copy 2025 Global News, a division of Corus Entertainment Inc. Source link #U.K.s #Starmer #divide #Trump #threats #annex #Canada #National Pelican News View the full article at [Hidden Content]

U.K.’s Starmer says no ‘divide’ with Trump despite threats to annex Canada – National U.K.’s Starmer says no ‘divide’ with Trump despite threats to annex Canada – National British Prime Minister Keir Starmer on Thursday declined to weigh in on U.S. President Donald Trump’s repeated calls to make Canada the 51st state, before Trump cut off the U.K. leader’s answer entirely during a joint press conference. Starmer was asked whether he or King Charles III was concerned about Trump’s rhetoric toward a Commonwealth member at the end of a visit to the White House that included multiple meetings on issues like trade and the war in Ukraine. The British leader said the topic of Canada did not come up during those talks and sought to highlight the historic friendship between the United Kingdom and United States. “I think you’re trying to find a divide between us that doesn’t exist,” Starmer said. After continuing with his answer for a moment, Trump interrupted with “that’s enough, thank you” and called on another reporter. Story continues below advertisement Canada is a member of the British Commonwealth of former colonies. While King Charles is technically the head of state for those countries, they are free to make their own decisions as independent nations. In Canada, the King is represented by the Governor General who acts on the advice of the head of government, the prime minister. The King and Canada’s allies in Europe have stayed silent while Trump repeatedly talks about the U.S. taking over Canada, at one point threatening “economic force” to do so. 2:05 Joly warns Europe of Trump threats: ‘It’s coming’ Although ********* officials have sought to downplay Trump’s threats as unserious, Prime Minister Justin Trudeau was heard telling a group of ********* business and labour leaders earlier this month that Trump’s threat was “a real thing,” tied to his administration’s desire for access to Canada’s critical minerals. Story continues below advertisement Trump has threatened to impose steep tariffs on Canada and Mexico, citing what he says are large flows of fentanyl coming into the U.S. from those countries. The tariffs are set to come into effect on Tuesday after a 30-day pause, Trump confirmed this week. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Foreign Minister Melanie Joly told reporters after a trip to Europe earlier this month that many European leaders don’t fully grasp how the Trump administration is challenging Canada’s economy, when asked why few national leaders have spoken out against Trump’s threats against Canada. Trending Now Gene Hackman, his wife and dog found dead in their New Mexico home 2 arrested, 5 rescued in search operation near Canada-U.S. border in Quebec More on Canada More videos “Based on my conversations with many European colleagues, many of them are not necessarily completely aware of what is going on, first in the U.S. and secondly in Canada. Every country in the world is looking at its own reality,” she said. “I think that it was a wake-up call, for Europeans to hear what we’re going through.” Joly also added that she did not raise Trump’s comments about Canada being absorbed by the U.S. with Secretary of State Marco Rubio during a meeting with G7 colleagues in Germany. She said she did respond when some U.S. senators “were making jokes about it” on the sidelines of a summit in Munich. “I said it’s not funny. And this is a question of respect of our country, respect of our leaders, and respect of our people. And I always answer the same thing, which is (that) we will be the best neighbour, the best allies — but we will never be a state and we’ll never be a colony,” she said. Story continues below advertisement “Canadians are proud people, a courageous people, and they don’t accept any form of rhetoric that is against our own identity as a country.” Canada’s ambassador to the U.S. Kirsten Hillman told Global News last week that talk about making Canada the 51st state “almost never” comes up in her discussions with officials in Washington. However, she said Trump’s Republican allies have not disavowed his annexation threats either. —With files from the ********* Press &copy 2025 Global News, a division of Corus Entertainment Inc. Source link #U.K.s #Starmer #divide #Trump #threats #annex #Canada #National Pelican News View the full article at [Hidden Content]

‘I regret what I’ve done’: Ezra Mam feared he’d be sacked by the Broncos as star five-eighth grilled over October ****** ‘I regret what I’ve done’: Ezra Mam feared he’d be sacked by the Broncos as star five-eighth grilled over October ****** Ezra Mam has addressed last year’s shocking car ******, with the Broncos star fearing the incident would cost him his lucrative contract. Source link #regret #Ive #Ezra #Mam #feared #hed #sacked #Broncos #star #fiveeighth #grilled #October #****** Pelican News View the full article at [Hidden Content]

CRKD teamed up with Gibson to make new guitar controllers CRKD teamed up with Gibson to make new guitar controllers To view this content, you’ll need to update your privacy settings. Please click here and view the “Content and social-media partners” setting to do so. Gaming accessory maker CRKD and Gibson have teamed up to revive the guitar controller in the form of two Gibson Les Paul-shaped controllers that will let you play your way through Fortnite Festival, Clone Hero, and even Rock Band 4. The Gibson Les Paul ****** Tribal Encore Edition Guitar Controller and Gibson Les Paul Blueberry Burst Pro Edition Guitar Controller featured the whammy bar and colored frets from older gaming guitars, updated to work with modern platforms. CRKD is making both multi-platform and Xbox specific versions of the guitars, and depending on whether you pick the Encore or Pro Edition model, you’ll get a slightly different set of features. CRKD The Pro Edition includes frets that have been “engineered for unmatched precision and responsiveness,” along with a Hall-Effect whammy bar and a Hall-Effect Strum Bar with haptic feedback. The Encore Edition only has traditional mechanical frets and a normal strum bar, but CRKD says both guitars are designed to be modular, so you can purchase and swap in new components down the road if you want. Both guitars have built-in analog sticks and a d-pad for navigating in-game menus, and offer three different methods of connecting the controller to your console, mobile device or PC: wired via a USB cable, wirelessly via a 2.4GHz wireless dongle or Bluetooth. The Xbox versions of the guitar controllers work across Xbox, PC and Android, while the multi-platform version works on PC, Switch, Android and PS3. Notably, if you’re looking to play Guitar Hero instead of Rock Band, you’ll want the multi-platform guitar controller, because it offers greater compatibility with Guitar Hero games. CRKD Guitar controllers fell to the wayside as the companies largely responsibly for making Guitar Hero and Rock Band games either moved on or where shutdown. The bright spots in the slow decline of the music rhythm game genre has been third-party PC games like Clone Hero and YARG, and Harmonix’s Fortnite Festival, which brought Rock Band-style gameplay to Epic’s battle royale game in 2023. The Gibson Les Paul ****** Tribal Encore Edition Guitar Controller is available to pre-order now for $109.99 for the multi-platform version, or $119.99 for the Xbox version. The Gibson Les Paul Blueberry Burst Pro Edition Guitar Controller can be pre-ordered for $119.99 for the multi-platform version, or $129.99 for the Xbox version. Both guitar controllers will start shipping in June 2025. Source link #CRKD #teamed #Gibson #guitar #controllers Pelican News View the full article at [Hidden Content]

Live coverage of Officer Andrew Duarte’s memorial service: Here’s how to watch Live coverage of Officer Andrew Duarte’s memorial service: Here’s how to watch This is a developing story. Please check back regularly for updates. A memorial service for West York Police Officer Andrew Duarte will be held Friday, Feb. 28 at 1 p.m. at Living Word Community Church, 2530 Cape ***** Road, Red Lion. Family members, friends law enforcement officers will be invited the attend the service in person. Members of the public will be able to watch the service via livestream at [Hidden Content]. A news release share an itinerary of events: 10: 30 a.m. Vehicle procession to leave ******** home. 10: 40 a.m. Vehicle procession to arrive at Living Word. 1 p.m. Service begins. 2:15 p.m. Dismissal of motor unit, honor guard, family and friends. Expect road delays and closures York County Regional Police said residents should expect delays on Cape ***** Rd York Township on Friday from 10 a.m. to 4 p.m. “Traffic and ******** procession for fallen police Officer Andrew Duarte will cause delays, especially between 10 a.m.-11 a.m. Please avoid the area or use alternate routes on Springwood Road and Windsor Road,” said a news release. About Living Word Community Church Living Word Community Church is a large nondenominational church. Its lead pastor is Aaron Anderson, who also serves as CEO of Logos Academy & LogosWorks. Officer Duarte’s obituary Visit the Heffner Heffner ******** Chapel website to see Officer Duarte’s obituary. This article originally appeared on York Daily Record: Live coverage of police Officer Andrew Duarte’s memorial service Source link #Live #coverage #Officer #Andrew #Duartes #memorial #service #Heres #watch Pelican News View the full article at [Hidden Content]

Gene Hackman, Hollywood’s Consummate Everyman, Dies at 95 – The New York Times Gene Hackman, Hollywood’s Consummate Everyman, Dies at 95 – The New York Times Gene Hackman, Hollywood’s Consummate Everyman, Dies at 95 The New York TimesOscar-winner Gene Hackman, wife Betsy Arakawa and their dog were dead for some time, warrant shows The Associated PressGene Hackman and Wife Showed ‘No Signs of Carbon Monoxide Poisoning’: Affidavit PEOPLEFoul play is not suspected in deaths of Gene Hackman and his wife, authorities say, but it has not been ruled out CNNGene Hackman, Betsy Arakawa’s harrowing 911 call revealed: Caller tears up begging for help Yahoo Entertainment Source link #Gene #Hackman #Hollywoods #Consummate #Everyman #Dies #York #Times Pelican News View the full article at [Hidden Content]

Twitch Is Going To Allow Every Streamer To Make Money, Even New Users Twitch Is Going To Allow Every Streamer To Make Money, Even New Users The CEO of Twitch, Dan Clancy, posted a recent update on the site’s blog page detailing some major changes coming to the platform. One of the most monumental points was around monetisation, which has long been a sticking point for streamers on the site. It was revealed that in 2025, every streamer, regardless of their status, will be able to earn via subscriptions and ‘bits’. These features have, until now, been locked behind the ‘Affiliate’ wall, but this year, everyone will be able to take advantage of them. Does this devalue becoming a Twitch Affiliate? Perhaps. Changes Are A-Coming In the post on the Twitch Blog, the company’s CEO wrote: We want you to be able to take advantage of our monetization tools, whether you’re just getting your community started, or have been on Twitch for a while. In 2025, we’re excited to open up monetization tools—subscriptions and bits—to most streamers, from day one. This will allow creators, regardless of their status, to grow their communities and start building earnings through direct patronage. We’re also introducing an option, which will allow all streamers to use their earnings on purchases within Twitch. If you join Twitch right now, you’ll need to become an Affiliate streamer before you can accept bits and subscriptions. That means you need to jump through a few hoops first. These new terms will mean that anyone can earn on Twitch regardless of their follower count or stream time. The ‘most streamers’ clause is interesting, though. I’d assume it’s put there to suggest that streamers with infractions on their account can’t take advantage of these features. Twitch is also preparing to offer more sponsorship opportunities to creators, and in 2025, the site wants to run more promotional events. This year, it’s all about collaboration, and that’s reflected in pending changes being made to ‘Shared’ features, such as Hype Trains, Stream Together, and Shared Chat. It was also revealed in the blog post that mobile viewing is getting an upgrade, enhancing the options available to users consuming content via a mobile device. Furthermore, clips will be upgraded, with creators unlocking more ways to edit and share their content as quickly as possible across a diversified portfolio of platforms. I hate to admit it, but this update is a massive W for Twitch. Let me know what you think in the comments. For more Insider Gaming coverage, check out the news that Splitgate 2 is ‘innovating on gameplay’ SUBSCRIBE to our newsletter to receive the latest news and exclusive leaks every week! No Spam. Source link #Twitch #Streamer #Money #Users Pelican News View the full article at [Hidden Content]

Deepal E07: China's 'Transformer Ute' coming to Australia Deepal E07: China's 'Transformer Ute' coming to Australia The Deepal E07, a super unique, battery-electric ute/SUV hybrid from China, is heading to Australia later this year. Source link #Deepal #E07 #China039s #039Transformer #Ute039 #coming #Australia Pelican News View the full article at [Hidden Content]

Bill Burr Flames Ben Shapiro For Calling Him ‘Woke’ Over Comments About Health Care CEOs Bill Burr Flames Ben Shapiro For Calling Him ‘Woke’ Over Comments About Health Care CEOs Professional stand-up Bill Burr isn’t taking Ben Shapiro’s comments lying down. Burr torched the conservative pundit this week for claiming he’s gone “woke” by condemning “greedy” insurance CEOS after the December ******* of Brian Thompson, the UnitedHealthcare CEO 26-year-old Luigi Mangione stands accused of killing. “All he knew is if he put ‘woke’ on what I said, he would make more money,” Burr told The New York Times about Shapiro in an interview about his upcoming Broadway debut published Tuesday. “I don’t know who he is, but that guy is a jerk-off.” Burr slammed the media following Thompson’s death for criticizing those who empathized more with Mangione than Thompson, seeing the late 50-year-old as a symbol of an industry that has often denied people claims for costly or life-saving medical treatments. “None of these news programs are talking about the incredible lack of empathy from the general public about this because of how these insurance companies treat people when they are at their most vulnerable,” Burr said on his “Monday Morning Podcast” in December. “I love that ******** CEOs are ******** afraid right now,” he added at the time. “You should be! By and large, you’re all a bunch of selfish, greedy ******** pieces of *****, and a lot of you are mass murderers. You just don’t pull the trigger. That’s why it looks clean.” “Burr has become woke,” Shapiro wrote in an article for conservative news outlet The Daily Wire in December. “Over time, I think he became embarrassed that many people on the Right thought he was very funny, so he decided he was going to go woke.” Burr has been a professional standup comedian for more than 20 years. Jordan Strauss/Invision/Associated Press Shapiro also claimed Burr wants CEOS to “live in fear,” which Burr had already denied by then. “This is the thing, I’m not saying what happened should’ve happened,” said Burr on his “Anything Better?” podcast in December. “But for [the media] to be like, ‘Oh, why would anybody want to do this?’ It’s like, they’re denying claims and people are dying!” Mangione was arrested in Pennsylvania on ******* and terrorism charges after a five-day search in December. He has pleaded not guilty and broke his silence earlier this month while awaiting trial at the Metropolitan Detention Center in Brooklyn, New York. Related… Source link #Bill #Burr #Flames #Ben #Shapiro #Calling #Woke #Comments #Health #Care #CEOs Pelican News View the full article at [Hidden Content]

SEC says most meme coins are not securities SEC says most meme coins are not securities A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law. Meme coins “typically have limited or no use or functionality” and are “more akin to collectibles,” according to the agency. “It is the Division’s view that transactions in the types of meme coins described in this statement do not involve the offer and ***** of securities under the federal securities laws,” the statement says. “Persons who participate in the offer and ***** of meme coins do not need to register their transactions with the Commission. … Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws.” It also said “a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of ‘security’ because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security.” The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their ****** in recent weeks. It’s also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and do so swiftly. “The SEC’s recent statement on meme coins is the clarity that the digital asset space has been demanding for years,” said Ishmael Green, a crypto attorney and Partner at the law firm Diaz Reus. “This will drive continued investment in the US crypto space, as the vast majority of meme coins launched in the last 12 months with multi-billion dollar market caps have been released on Solana, an American blockchain.” “[It] also comports with the current administration’s promise to the crypto community to end needless and frivolous enforcement actions which stifle innovation and investment,” he added. Dogecoin, the original meme coin and sixth largest cryptocurrency by market cap, was little changed following the news. The token tied to Solana, which has become the go-to host for meme coins – including the Official Trump meme coin – rose slightly. Meme coins sit at the furthest end of the risk spectrum. They’re three to four times more actively traded than bitcoin and ether, adjusting for market cap, which makes them lucrative offerings for newcomers to the market who feel they may have missed the boat on bitcoin. Historically, they’ve been a gauge of retail interest and risk appetite in crypto, though most market participants warn strongly against them. Don’t miss these cryptocurrency insights from CNBC Pro: Source link #SEC #meme #coins #securities Pelican News View the full article at [Hidden Content]

Autodesk says it will cut 1,350 employees Autodesk says it will cut 1,350 employees Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, ***, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of large headcount reductions across the tech industry. In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. In November, chipmaker AMD said it would let go of 4% of its staff members. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported. “Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more,” CEO Andrew Anagnost wrote in a memo to employees. “These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to increase customer satisfaction and Autodesk’s productivity.” The company is also conducting the layoffs to stay competitive in the current economy and protect the company’s leadership in cloud computing and artificial intelligence, Anagnost wrote. San Francisco-based Autodesk will make facility reductions as well. But it will not close any offices, a spokesperson told CNBC in an email. It expects $135 million to $150 million in restructuring costs before taxes. The company on Thursday also announced better-than-expected fiscal fourth-quarter results. The company delivered $2.29 in adjusted earnings per share on $1.64 billion in revenue, which was up 12% year over year. Analysts surveyed by LSEG had been looking for $2.14 per share and $1.63 billion in revenue. For the fiscal first quarter, Autodesk called for $2.14 to $2.17 in adjusted earnings per share on $1.600 billion to $1.610 billion in revenue. Analysts polled by LSEG had expected $2.08 per share and $1.598 billion in revenue. Management sees $9.34 to $9.67 in adjusted earnings per share for the 2026 fiscal year, with $6.895 billion to $6.965 billion in revenue. The LSEG consensus was $9.24 per share and $6.902 billion in revenue. WATCH: The setup on key earnings this week: Salesforce, Autodesk and EOG Resources Source link #Autodesk #cut #employees Pelican News View the full article at [Hidden Content]

Why Tesla's stock has given up nearly all of its Trump election gains – Yahoo Finance Why Tesla's stock has given up nearly all of its Trump election gains – Yahoo Finance Why Tesla’s stock has given up nearly all of its Trump election gains Yahoo Finance‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk The GuardianWhy Tesla’s stock is unraveling and what happens next, according to Barclays CNBC Source link #Tesla039s #stock #Trump #election #gains #Yahoo #Finance Pelican News View the full article at [Hidden Content]

Leicester 'too passive' in West Ham defeat – Van Nistelrooy Leicester 'too passive' in West Ham defeat – Van Nistelrooy Leicester City manager Ruud van Nistelrooy says his side were “too passive” in their 2-0 defeat at West Ham United. Source link #Leicester #039too #passive039 #West #Ham #defeat #Van #Nistelrooy Pelican News View the full article at [Hidden Content]

Broome ******: Five-year-old boy tragically dies after being hit by Toyota Landcruiser Broome ******: Five-year-old boy tragically dies after being hit by Toyota Landcruiser A five-year-old boy has tragically died after being hit by a car in Broome. Source link #Broome #****** #Fiveyearold #boy #tragically #dies #hit #Toyota #Landcruiser Pelican News View the full article at [Hidden Content]

Autodesk says it will cut 1,350 employees Autodesk says it will cut 1,350 employees Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, ***, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of large headcount reductions across the tech industry. In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. In November, chipmaker AMD said it would let go of 4% of its staff members. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported. “Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more,” CEO Andrew Anagnost wrote in a memo to employees. “These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to increase customer satisfaction and Autodesk’s productivity.” The company is also conducting the layoffs to stay competitive in the current economy and protect the company’s leadership in cloud computing and artificial intelligence, Anagnost wrote. San Francisco-based Autodesk will make facility reductions as well. But it will not close any offices, a spokesperson told CNBC in an email. It expects $135 million to $150 million in restructuring costs before taxes. The company on Thursday also announced better-than-expected fiscal fourth-quarter results. The company delivered $2.29 in adjusted earnings per share on $1.64 billion in revenue, which was up 12% year over year. Analysts surveyed by LSEG had been looking for $2.14 per share and $1.63 billion in revenue. For the fiscal first quarter, Autodesk called for $2.14 to $2.17 in adjusted earnings per share on $1.600 billion to $1.610 billion in revenue. Analysts polled by LSEG had expected $2.08 per share and $1.598 billion in revenue. Management sees $9.34 to $9.67 in adjusted earnings per share for the 2026 fiscal year, with $6.895 billion to $6.965 billion in revenue. The LSEG consensus was $9.24 per share and $6.902 billion in revenue. WATCH: The setup on key earnings this week: Salesforce, Autodesk and EOG Resources Source link #Autodesk #cut #employees Pelican News View the full article at [Hidden Content]

Exclusive-Aerospace industry scrambles to deal with fallout from huge US factory fire Exclusive-Aerospace industry scrambles to deal with fallout from huge US factory fire By Allison Lampert and Tim Hepher (Reuters) – Boeing and other top aerospace firms are scouring their supply chains to determine their exposure to a major fire last week at a Philadelphia-area parts factory that has set off alarm bells across the industry, people familiar with the matter said. The days-long fire at SPS Technologies’ century-old factory could put pressure on the industry’s already strapped supply chain. 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. GE Aerospace and others are now trying to figure out who can replace the factory’s lost production and also identify who has spare parts, the people said. Both Boeing and France’s Safran contacted suppliers asking about the potential effects, according to letters seen by Reuters. The fire, which caused no fatalities, is the latest in a string of supply setbacks in aerospace. This stadium-sized facility was crucial to the production of key parts, and some analysts warned that its loss could further strain the industry’s ability to boost output. SPS products include titanium fasteners of the kind used to assemble carbon-fiber jets like the Boeing 787 and Airbus A350. Some fasteners produced at the factory are also highly specialized and not easily sourced by other manufacturers, analysts and industry executives said. Boeing and European rival Airbus were already facing supply snags as they try to boost airplane output. “There’s only so much inventory of this out there, and that something’s going to have to change really fast to avoid potential (problems) that could affect production rates,” said AeroDynamic Advisory Managing Director Kevin Michaels. In a letter sent to suppliers following the February 17 fire seen by Reuters, Boeing asked the companies whether they regularly used parts from the SPS factory, located in Jenkintown, and to explain the impact if SPS could not ship parts that were ordered. A Boeing spokesperson said it is “working with suppliers to assess impacts and … taking steps to manage any impacts.” CEO Kelly Ortberg said last week in brief comments that he expected some disruption from the fire. French engine and landing gear maker Safran also contacted suppliers to see if they purchase directly from SPS, according to letters seen by Reuters and two suppliers. “We are assessing the situation with our supply chain and seeking alternative sources,” a Safran spokesperson said. Engine maker GE Aerospace, the world’s largest aerospace firm, said it had sent teams to SPS and was looking at alternative manufacturing sites and backup suppliers. “We are taking proactive steps to minimize disruption and to ensure continued delivery to our customers,” a spokesperson said. A third industry source said SPS is also a significant supplier to Europe’s Airbus. “It is still early to confirm the extent of our exposure, however we expect the impact to be limited for our operations,” an Airbus spokesperson said. SUPPLY CONTEST SPS is part of Berkshire Hathaway-owned Precision Castparts Corp (PCC), which was not immediately available for comment. SPS’s website claims that “it’s hard to find an aircraft” that does not contain some of its products. The near 600,000-square-foot (5.6-hectare) facility specialized in high-strength nuts and bolts for engines, wings, fuselages and landing gear, according to the SPS website. The fire burned for several days before the flames were fully extinguished on February 22, leaving the plant gutted. Planemakers have ample inventory of the parts they handle on a daily basis, but the production gap left by the fire sets the stage for a potential contest to secure supplies down the road. One senior supplier went so far as to predict “rationing” by distributors unless alternatives can be found. Two executives at other fastener companies said they were being bombarded with requests in the wake of the fire, with one saying he had received dozens of queries in two days. While most SPS parts are produced by multiple suppliers, some portions of these aircraft fasteners were higher value and complex parts only produced by SPS, according to one of the two fastener company executives who spoke on condition of anonymity. It can take years for another factory to obtain the qualifications to produce them, he added. “These are not commodity fasteners,” Michaels said, adding that there is “a lot of concern given the large number of sole-source fasteners and unique capabilities associated with this facility.” ********* business jet maker Bombardier told Reuters that most of its parts can be sourced elsewhere. The factory still had some wooden floors and structures, according to two sources who had visited the site before the blaze. Even then, a shipment meant to be sent to Boeing survived the fire but is currently inaccessible, Boeing’s Ortberg told analysts on February 20. “That’s the kind of thing we’re really working through on a real-time basis. It looks like pretty substantial damage.” (Reporting By Allison Lampert in Montreal and Tim Hepher in Paris; Editing by David Gaffen and Marguerita Choy) Source link #ExclusiveAerospace #industry #scrambles #deal #fallout #huge #factory #fire Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

SEC says most meme coins are not securities SEC says most meme coins are not securities A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law. “It is the Division’s view that transactions in the types of meme coins described in this statement do not involve the offer and ***** of securities under the federal securities laws,” the statement says. “Persons who participate in the offer and ***** of meme coins do not need to register their transactions with the Commission. … Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws.” It also said “a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of ‘security’ because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security.” The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their ****** in recent weeks. It’s also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and do so swiftly. “The SEC’s recent statement on meme coins is the clarity that the digital asset space has been demanding for years,” said Ishmael Green, a crypto attorney and Partner at the law firm Diaz Reus. “This will drive continued investment in the US crypto space, as the vast majority of meme coins launched in the last 12 months with multi-billion dollar market caps have been released on Solana, an American blockchain.” “[It] also comports with the current administration’s promise to the crypto community to end needless and frivolous enforcement actions which stifle innovation and investment,” he added. Dogecoin, the original meme coin, was little changed following the news. The token tied to Solana, which has become the go-to host for meme coins – including the Official Trump meme coin – rose slightly. The SEC describes meme coins as crypto assets inspired by internet memes, characters, current events, or trends and created to garner “an enthusiastic online community” to buy and trade them. Because they “typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation … meme coins are akin to collectibles,” the statement says. It goes on to say meme coins “typically have limited or no use or functionality … and often are accompanied by statements regarding their risks and lack of utility.” Don’t miss these cryptocurrency insights from CNBC Pro: Source link #SEC #meme #coins #securities Pelican News View the full article at [Hidden Content]

Americans say incomes not keeping up with inflation — CBS News poll Americans say incomes not keeping up with inflation — CBS News poll A large majority of Americans say their incomes aren’t keeping pace with inflation, as they report prices around them either rising or staying the same. There’s wide concern about the ability to save or buy extras. As has been the case for years, prices drive so much of Americans’ larger views: they say this factors the most into their assessment of the overall economy — which most continue to say is bad. And then among those who say their own finances aren’t good, prices are the top reason why. This comes amid other economic indicators out lately, including that unemployment claims recently rose, the consumer confidence index dropped; and the S&P slid in recent days toward the end of February. Americans say their outlook for the next year is also mixed. Right now, people are more likely to say the economy is getting worse than better. Current circumstances play into this too: those most concerned about affording food today are also more apt to think things are getting worse. Evaluations, as is typical, show splits by financial circumstances though, and may speak to broader divides in the U.S. economy and in the impact of inflation. Americans who report higher incomes are far more likely to say their financial situation is good and are much more confident about their ability to save – though the majority of them, too, say income isn’t keeping up with inflation. The outlook going forward remains mixed at best and is also tied to current circumstances: Just over half expect things to at least hold steady, though only a third expect growth or a ***** coming. The rest expect either a slowing or a recession. At least half the country reports concern about paying for food and groceries, and housing. Most continue to call the U.S. economy bad — even more so than last month — and views have been net-negative among Americans for five years going back to the start of the COVID pandemic. Twice as many think it’s getting worse than getting better. Americans’ evaluations of the job market are split between good and bad, though most who are employed do describe their job as at least somewhat secure. This CBS News/YouGov survey was conducted with a nationally representative sample of 2,340 U.S. adults interviewed between Feb. 24-26, 2025. The sample was weighted to be representative of adults nationwide according to gender, age, race, and education, based on the U.S. Census American Community Survey and Current Population Survey, as well as 2024 presidential vote. The margin of error is ±2.3 points. Toplines: More Anthony Salvanto Anthony Salvanto, Ph.D., is CBS News’ executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates outcomes on election nights Source link #Americans #incomes #keeping #inflation #CBS #News #poll Pelican News View the full article at [Hidden Content]

Google makes cuts to HR and cloud units Google makes cuts to HR and cloud units A view of the Google headquarters in Mountain View, California, on April 16, 2024. Tayfun Coskun | Anadolu | Getty Images Google told staffers in its “People Operations” and cloud organizations this week that it plans to cut employees as a part of internal reorganizations, CNBC has learned. The company will offer a voluntary exit program to U.S.-based, full-time employees in People Operations, Google’s human relations division, starting in early March, according to a memo issued by HR chief Fiona Cicconi on Tuesday that was viewed by CNBC. The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company reported revenue that missed expectations for the fourth quarter earlier this month, Ashkenazi said that the company had strong demand for AI products and that it “exited the year with more demand than we had available capacity.” As part of the People Operations buyouts, employees who are level 4 and level 5 may receive a severance of 14 weeks of salary and one additional week for every full year of service, the memo states. Those are considered mid- to senior-level employees. Separately, the company also made cuts to several teams within its cloud unit, mostly impacting operations support staff, according to sources and separate internal memos. Some of those moves include moving roles to other countries. The company confirmed the changes to CNBC, saying reorganizations are part of the normal course of business. “Our teams have continued to make changes to operate more efficiently, remove layers, and ensure they are set up for long term success,” said Google spokesperson Brandon Asberry in a statement. “This work is ongoing as we continue to invest in our company’s biggest priorities and the significant opportunities ahead.” Last month, Google executives announced they would offer buyouts to U.S. based employees in its “Platforms and Devices” unit ahead of expected cuts. That unit houses more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google One, Pixel, Fitbit and Nest. The company said it is supporting all impacted employees, in line with local requirements, including time to explore and apply to different roles at Google. Cloud Cuts The Alphabet-owned company’s cloud layoffs impacted the unit’s sales operations, customer experience, internal deal and go-to-market teams, according to sources who asked not to be named because they are not permitted to speak publicly. Cloud is one of the company’s high-growth business units and benefits from AI products. For the fourth quarter, the cloud unit’s revenue increased 30% from the year prior. Alphabet has been drawing profit from the cloud business as it tries to keep up with market leaders Amazon Web Services and Microsoft Azure. Some impacted employees’ roles are being relocated to India and Mexico City, according to sources and internal correspondence viewed by CNBC. The company confirmed that the changes include consolidating or opening roles in other parts of the U.S and overseas. The largest employee presence for the cloud unit is still in the U.S., and that’s not changing, the company added. The number of layoffs is unclear, but the company said it is small in quantity and that the organization continues to hire for critical sales and engineering roles. Bloomberg first reported the cuts to Google’s cloud division on Wednesday. WATCH: Google reportedly to be hit with EU charges of infringing on Apple, Meta platforms Source link #Google #cuts #cloud #units Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

EA releases source code for four Command & Conquer games EA releases source code for four Command & Conquer games Video game preservation scored a win today with EA’s decision to make four Command & Conquer games open source. The company has released the source code for Command & Conquer, Command & Conquer: Red Alert, Command & Conquer: Renegade and Command & Conquer: Generals through a GPL license. All four projects are available to the public on Github. In addition, EA is adding Steam Workshop support to more contemporary entries in the real-time strategy franchise, including a modding support pack with assets from the series titles on the SAGE engine, such as Command & Conquer Red Alert 3. This game genre has fallen out of vogue in recent years. But the C&C series still has a lot of fans, so a fresh boost of modder interest could bring new players to the franchise. (Plus, never forget that Red Alert 3 also contains the in all of video game history.) EA released meticulous remasters of the first two installments of Command & Conquer , which included the release of those games’ source code. In December, the company made several of its open source as well. It’s also encouraging to see EA taking a positive action around a beloved franchise, especially when its recent efforts to remaster was riddled with technical issues at launch that required to fix. Source link #releases #source #code #Command #Conquer #games Pelican News View the full article at [Hidden Content]

Nvidia bounced from the $3 trillion market cap club after stock drop Nvidia bounced from the $3 trillion market cap club after stock drop Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker’s shares slumped more than 8% on Thursday following quarterly earnings, wiping out about $273 billion in value and giving the company a market cap of $2.94 billion. The S&P 500 index fell 1.6% and the Nasdaq dropped 2.8%. Nvidia is still the second most valuable U.S. tech company, behind Apple, and ahead of Microsoft, one of its biggest customers. So far in 2025, Nvidia shares have lost 10% of their value, as the company faces investor concerns about export controls, tariffs, more efficient artificial intelligence models, and an overall slowing pace of growth. Even after the latest slide, Nvidia is still worth five times more than it was two years ago, at the start of the generative AI *****. It first hit a $3 trillion market cap in June 2024. Nvidia reported results on Wednesday that topped analysts’ estimates across the board, with revenue jumping 78% from a year earlier to $39.33 billion. The company’s data center revenue, which includes its market-leading graphics processors for AI workloads, soared 93% on an annual basis to nearly $36 billion. Nvidia signaled that it was going to have a strong quarter to kick off its fiscal 2026, and that production issues for its next-generation chip, Blackwell, had been mostly resolved. In recent weeks, Nvidia CEO Jensen Huang has said that the demand for its chips will remain strong as next-generation AI models that think “about how best to answer” questions step by step will require much more computing power. “The amount of computation necessary to do that reasoning process is 100 times more than what we used to do,” Huang told CNBC’s Jon Fortt in an interview on Wednesday. Nvidia counts on billions of dollars of infrastructure spend annually from the largest tech companies in the world for an outsized amount of its revenue. On Wednesday, Huang said that large cloud service providers — companies like Microsoft, Google, and Amazon — accounted for about half of Nvidia’s data center revenue. WATCH: CNBC’s full interview with Nvidia CEO Jensen Huang Source link #Nvidia #bounced #trillion #market #cap #club #stock #drop Pelican News View the full article at [Hidden Content]