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Eight dead in Mexico shootingThe United States Air Force still has around 200 Fairchild Republic A-10 Thunderbolt II (aka Warthogs) remaining in service . These are spread out over around 10 bases around the country (including Air National Guard Bases). Additionally, Warthogs are deployed to various other bases around the United States and abroad for a range of missions (including exercises and combat deployments). While the Air Force no longer sees a future for the close-air-support A-10 Warthog, the Army has found a new role for the close-air-support AH-64 Apache as a deep strike platform . Notably, the A-10 Warthog uses missiles and not its General Electric GAU-8/A Avenger autocannon in most missions (although it does use its autocannon in anger from time to time). Here are the air bases where the A-10 Warthogs are permanently deployed (although note that this is constantly changing). The final years of the A-10 Thunderbolt II The United States Air Force took delivery of 716 A-10 Warthogs. Some of those were lost to accidents and to combat damage over the years. Over the last few years, the Air Force has been gradually retiring the Warthog as the F-35A has come into service in larger numbers and as the Air Force refocuses from counter-insurgency to large-scale combat operations against peer adversaries. The A-10 is being replaced by the F-35A fighter jet (although its close air support role is also being replaced by a range of systems). Air Force bases with A-10 Warthogs (list may be incomplete): US Air Force command: Hill Air Force Base, Utah: Air Force Materiel Command Moody Air Force Base, Georgia: 23rd Wing, 476th Fighter Group Osan Air Force Base, South Korea 51st Fighter Wing (ending January 2025) Nellis Air Force Base, Nevada: 53rd Wing (for testing and evaluation), 57th Wing Eglin Air Force Base, Florida: 53rd Wing (for testing and evaluation), 96th Test Wing Gowen Field ANGB, Idaho: 124th Fighter Wing Selfridge ANGB, Michigan: 127th Wing Warfield ANGB, Maryland: 175th Wing (divesting of A-10s from fall 2024) Davis-Monthan Air Force Base, Arizona: 355th Fighter Wing, 924th Fighter Group Whiteman Air Force Base, Missouri: 442nd Fighter Wing, 495th Fighter Group After the planned withdrawal of A-10s from South Korea in early 2025, all the permanent bases for the A-10 will be in the contiguous United States. Two notable bases that host A-10 squadrons are Whiteman (where the USAF's fleet of B-2 Spirit stealth bombers are based) and Davis-Monthan (home to three remaining A-10 squadrons and the massive boneyard). While the legendary A-10 is not considered survivable on the modern battlefield, it was used in combat in December 2024 against targets in the Middle East (which lack air defense capabilities). A few dozen more A-10s are expected to be retired in Fiscal Year 2025 with the final airframes expected to retire by the end of the decade . There is a possibility that the A-10s may see a new lease on life in a foreign air force as Congress has instructed the Pentagon to investigate the possibility of transferring A-10s to Jordan . The type entered service in 1976. Squadrons progressively retiring their A-10s A-10s withdrawn from South Korea Today, around 200 A-10s remain in service and the number of squadrons that operate them and bases that host them is falling. In November 2024, the Air Force announced it would be withdrawing the last of the Warthogs from their base at Osan Air Force Base in South Korea . The Air Force stated , " Starting in January 2025, the 25th Fighter Squadron at Osan Air Base will begin a phased withdrawal of its 24 A-10 aircraft, with completion expected by the end of fiscal year 2025. Additionally, Seventh Air Force F-16s are undergoing a series of avionics system upgrades, bringing the aircraft closer to fifth-generation capabilities as they increase both the survivability and accuracy of the weapon system ." A-10s have been in South Korea since the early 1980s and this is set to come to an end around January 2025. In its place, the Air Force will station F-16 Fighting Falcons that have been upgraded with "fifth-generation-like" technology. In Korea, the A-10s are under the command of the 51st Fighter Wing and are flown by the 25th Fighter Squadron. Davis-Monthan's 354th Fighter Squadron deactivated On 13th September 2024, the Air Force announced that the 355th Wing's 354th Fighter Squadron and the 354th Fighter Generation Squadron (together known as the Bulldogs) that had been operating A-10 Warthogs had been inactivated at Davis-Monthan Air Force Base in Arizona. They had supported 1,300 troops in contact and flown some 35,000 combat sorties (during which they had fired more than a quarter million 30mm rounds from the A-10's powerful autocannon). The two squadrons have now retired all 36 of their A-10 Thunderbolt IIs. The Air Force stated , " For more than 30 years, the 354th FS consisted of A-10 pilots who conducted close air support, forward air control in airborne, and close air support, for theater commanders worldwide ." It added, " Originating in 1942, long before the first A-10 arrived at [Davis-Monthan], the 354th FS had a history of activation and inactivation to support threats of the times. In 1992, the squadron was redesigned to exclusively support the A-10s at [Davis-Monthan]. " The 357th Fighter Squadron (also part of the 355th Wing at Davis-Monthan) continues to operate the Warthog. Additionally, the 45th and 47th Fighter Squadrons at Davis-Monthan (assigned to the 924th Fighter Group) also operate A-10 Warthogs. Indiana's 163rd transitioning to F-16s Meanwhile, the 163rd Fighter Squadron of the Indiana Air National Guard's 122nd Fighter Wing (located at Fort Wayne Air National Guard Station in Indiana) divested its Thunderbolts in 2023 and is currently transitioning to the F-16 Fighting Falcon. Warfield ANGB 175th Fighter Wing In March 2024, the Air Force announced that Warfield Air National Guard Base in Maryland had been selected to transition from an A-10 to a cyber wing mission. It stated, " replacing the aging A-10 Thunderbolt IIs at the 175th Fighter Wing with a cyber mission will create a natural synergy between cyber assets at Fort George G. Meade, Maryland, and the 175th Cyberspace Operations Group already operating out of Warfield ANGB. " This involves the divestment of the 21 A-10s at Warfield ANGB and at the time the Air Force stated that the divestment was expected to begin in "fall 2024." At the time of writing (December 2024), the status of these divestments and the transition to a cyber role is unclear. The Warthog is one of the most famous names in the USAF combat aircraft arsenal. But where exactly does that nickname come from? A-10 Warthogs in the boneyard While Davis-Monthan still has three squadrons flying the A-10 (the 45th, 47th, and 357th Fighter Squadrons), the associated boneyard is home to many more. These Warthogs are placed in the boneyard to salvage for parts and to keep until a decision is made to sell them, reactivate them, or scrap them. In April 2023, The War Zone reported the boneyard was receiving the first Warthogs in years (the last time a large number were sent to the boneyard was in 2014). At the time, a batch of 21 Warthogs was expected to be divested and sent to the boneyard. The first of these was a Warthog with the serial number 80-019. This particular airframe started its career as an A-10A and was later upgraded to the C model and locked a total of 14,125 flight hours over its career. A-10s at the Davis-Monthan boneyard Boneyard A-10 inventory: 100 in March 2023 (49 A-10As and 51 A-10Cs) 2014 to March 2023: No significant numbers of A-10s were sent to the boneyard 21 A-10s: Number expected in 2023 Almost 4,000 Total number of aircraft at the boneyard 78 A-10s: Number of A-10s excepted to arrive in boneyard over 3-5 years (starting from Feb 2024) Before the arrival of the new batch, The War Zone stated there were 100 A-10s at the boneyard at Davis-Monthan (49 A-10As and 51 A-10Cs). One interesting A-10 arrived in the boneyard in 2019. It had been pulled out of the boneyard in 2013 and had been highly modified as a flying storm-chasing laboratory (called the SPA-10 Thunderhog). The program took place under the National Science Foundation and after the program collapsed, the A-10 was returned to the boneyard. In February 2024, the Air and Space Forces Magazine reported more A-10s were arriving at the boneyard. Speaking of the first A-10 arrival at the time, it added, " The jet is the first of 78 A-10s at Davis-Monthan that will be retired over the next three to five years ." It is unclear when the older A-10s will be scrapped at the boneyard or if they will continue to add up there over the coming years. As a side note, with around 4,000 aircraft in storage at the boneyard, that is almost the same as the Air Force's total inventory of non-training and non-UAV aircraft in service.Trump’s lawyers rebuff DA's idea for upholding his hush money conviction, calling it 'absurd'
New Jersey governor wants more federal resources for probe into drone sightingsArticle content STEVENSON, Wash. — Two Oregon men were found dead in a Washington state forest after they failed to return from a trip to look for Sasquatch, authorities said Saturday. The 59-year-old and 37-year-old appear to have died from exposure, the Skamania County Sheriff’s Office said via Facebook . The weather and the men’s lack of preparedness led the office to draw that conclusion, it said. Sasquatch is a folkloric beast thought by some to roam the forests, particularly in the Pacific Northwest. The two men were found in a heavily wooded area of the Gifford Pinchot National Forest, which is about 240 kilometres northeast of Portland. A family member reported them missing at around 1 a.m. on Christmas Day after they failed to return from a Christmas Eve outing. Sixty volunteer search-and-rescue personnel helped in the three-day search, including canine, drone and ground teams. The Coast Guard used infrared technology to search from the air. Authorities used camera recordings to locate the vehicle used by the pair off Oklahoma Road near Willard, which is on the southern border of the national forest.
Jimmy Carter, the 39th president and a Nobel Peace Prize recipient, has died at 100Steph Curry Admits LeBron James Pairing 'Probably' Won't Happen amid NBA Trade Rumors
LOS ANGELES (AP) — The Los Angeles Lakers have traded guard D'Angelo Russell to the Brooklyn Nets for forward Dorian Finney-Smith and guard Shake Milton. The Lakers also sent forward Maxwell Lewis and three second-round draft picks to Brooklyn on Sunday. Russell averaged a career-low 12.4 points for the Lakers this season in a diminished role under new coach JJ Redick, who had vowed to unlock the point guard's formidable offensive game. Instead, Russell was removed from the starting lineup in early November, and he struggled to make a consistent impact as a reserve, with his shooting percentages declining significantly from his previous two seasons back in Los Angeles. The 6-foot-7 Finney-Smith isn't a top scorer, but he is a steady 3-and-D wing who fills an obvious need for the Lakers. Los Angeles has had inconsistent wing play and has lacked an effective defender at the key position during the long-term injury absence of Jarred Vanderbilt , who hasn't played since Feb. 1. Finney-Smith averaged 10.4 points and 4.6 rebounds while hitting a career-best 43.5% of his 3-point attempts this season for the Nets, who acquired him from Dallas in the February 2023 in the trade of Kyrie Irving . Finney-Smith has been limited to five games this month by a sprained ankle and a bruised calf, but the 31-year-old played 27 minutes against San Antonio on Friday. “We want to thank D’Angelo for his second stint with us, where we celebrated some great moments and accomplishments on the court together," Lakers general manager Rob Pelinka said in a statement. "We are thrilled to add the physicality, toughness and elite shooting that Dorian Finney-Smith will bring to our core. We also greatly value the playmaking of Shake Milton. We are excited for our fans to get both of these players out on the court.” Redick and Finney-Smith were teammates with the Mavericks during the 2020-21 season, and Redick has expressed admiration for Finney-Smith's hard-nosed game. Milton is joining his sixth NBA team in less than two years, including his third trade in 11 months. He is averaging 7.4 points and 2.4 assists this season as a Nets reserve. Russell is being traded by the Lakers to the Nets for the second time in his career. He also made the move in 2017 after spending his first two NBA seasons with Los Angeles, which drafted him in 2015. Russell earned the only All-Star selection of his career during his two seasons in Brooklyn. Russell has been traded five times in the past 7 1/2 years. The 10-year pro excelled for the Lakers during their run to the 2023 Western Conference finals after returning to the team in February of that season, although he got benched during that final playoff series against Denver. Russell remained a fairly consistent scorer last year while setting a new franchise record for 3-pointers made in a season, but his career-long problems with offensive inconsistency and defensive ability kept him out of Redick's plans this year. With Russell's departure, Gabe Vincent is the only true point guard left in the Lakers' rotation, although LeBron James often fills the role of initiating their offense. The Lakers (18-13) have won five of six heading into their visit from Cleveland on New Year's Eve. The trade continues a roster restructuring by the Nets, who traded former Lakers point guard Dennis Schröder to Golden State two weeks ago. Schröder was Brooklyn's third-leading scorer, while Finney-Smith was its fourth-leading scorer. The Nets have been one of the NBA's lowest-scoring teams this season, so Russell should have plenty of chances to make an offensive impact. Brooklyn has lost three of four heading into its road game against Orlando on Sunday. Russell's $18.7 million contract expires this summer, while Finney-Smith has a $15.4 million player option for the 2025-26 season. Lewis was the Lakers' second-round pick in 2023, but he played in just 41 games over the past two seasons while shuttling to the G League. AP NBA: https://apnews.com/NBAThis is CNBC's live blog covering European markets. European markets are expected to open higher Tuesday, with investors keeping an eye on political upheaval in France this week. 24/7 San Diego news stream: Watch NBC 7 free wherever you are The U.K.'s FTSE 100 index is expected to open 18 points higher at 8,322, Germany's DAX up 15 points at 19,922, France's CAC up 29 points at 7,245 and Italy's FTSE MIB up 43 points at 33,601, according to data from IG. Data releases Tuesday include U.K. retail sales and Spanish unemployment figures. France's financial markets will be closely watched Tuesday after Prime Minister Michel Barnier turned to special constitutional powers to pass a contested budget bill without a parliamentary vote. Opposition parties on both the left and right say they will back a no-confidence vote to bring Barnier's minority government down. The vote could take place Wednesday. Read more France's prime minister to push through contested budget despite risk of no-confidence vote The French CAC 40 index recorded a choppy session on Monday, starting the day lower before turning positive and then tumbling back into negative territory again. Overnight, Asia-Pacific markets traded higher , tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records overnight. U.S. stock futures were near flat Monday night. Money Report Trump repeats vow to ‘block' Nippon Steel's bid for U.S. Steel Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 40% upside Goldman Sachs has refreshed its lists of top global stock picks for December by adding some and removing others. The stocks are featured in the investment bank's "Conviction List - Directors' Cut," which boasts a "curated and active" list of buy-rated stocks. There have also been plenty of additions to the Directors' Cut, including the following three stocks which Goldman gives more than 40% upside potential over the next 12 months. CNBC Pro subscribers can read the full story here . — Amala Balakrishner CNBC Pro: Buy this Canadian dividend growth stock with a 5% yield, Scotiabank says One of Canada's large financial holding companies appears to be an attractive dividend investment opportunity, according to Scotiabank analysts. The investment bank believes the value of the dividend growth is "not reflected" in the stock price and is "underappreciated" by the market. The stock is currently offering investors 5% dividend yield. CNBC Pro subscribers can read more here. — Ganesh Rao S&P 500, Nasdaq Composite close at new record highs The S&P 500 and Nasdaq Composite both closed at new records on Monday. The broad market benchmark added 0.24% to settle at 6,047.15. The Nasdaq Composite gained 0.97%, finishing at 19,403.95. On the other hand, the blue-chip Dow Jones Industrial Average lost 128.65 points, or 0.29%, to close at 44,782.00. — Lisa Kailai Han European markets: Here are the opening calls European markets are expected to open higher Tuesday. The U.K.'s FTSE 100 index is expected to open 18 points higher at 8,322, Germany's DAX up 15 points at 19,922, France's CAC up 29 points at 7,245 and Italy's FTSE MIB up 43 points at 33,601, according to data from IG. Data releases Tuesday include U.K. retail sales and Spanish unemployment figures. — Holly Ellyatt Also on CNBC S&P 500 futures are little changed after index closes at a record Fed Governor Waller says he is 'leaning toward' a December interest rate cut Markets are getting more comfortable again with the idea of a December rate cut
ORRVILLE, Ohio , Dec. 2, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to divest the Voortman ® business to Second Nature Brands. The Company previously announced the signing of a definitive agreement for the transaction on October 22, 2024 . The all-cash transaction is valued at approximately $305 million , subject to a working capital adjustment, and reflects the Company's continued commitment to optimizing its portfolio and reallocating resources to its core growth brands. The transaction includes all Voortman ® trademarks and the Company's leased manufacturing facility in Burlington, Ontario, Canada . In addition, approximately 300 employees will transition with the business. The Company updated its full-year fiscal 2025 net sales guidance to reflect the impact of the divested business. Net sales is anticipated to increase 7.5 to 8.5 percent compared to the prior year. The updated net sales guidance reflects the removal of approximately $65 million of divested net sales in fiscal 2025, with the estimated net sales impact evenly distributed throughout the remainder of the fiscal year. On a comparable basis, net sales is expected to increase 1.0 to 2.0 percent, which excludes noncomparable sales in the current year from the acquisition of Hostess Brands and noncomparable sales in the prior year related to the divestitures of the Voortman ® , Canada condiment, and Sahale Snacks ® businesses. The Company maintains its fiscal 2025 adjusted earnings per share, free cash flow, capital expenditures, and adjusted effective income tax rate outlook as communicated in its most recent quarterly earnings announcement on November 26, 2024 . The J.M. Smucker Co. Forward Looking Statements This press release ("Release") includes certain forward-looking statements within the meaning of federal securities laws. The forward-looking statements may include statements concerning our current expectations, estimates, assumptions and beliefs concerning future events, conditions, plans and strategies that are not historical fact. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expect," "anticipate," "believe," "intend," "will," "plan," "strive" and similar phrases. Federal securities laws provide a safe harbor for forward-looking statements to encourage companies to provide prospective information. We are providing this cautionary statement in connection with the safe harbor provisions. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made, when evaluating the information presented in this Release, as such statements are by nature subject to risks, uncertainties and other factors, many of which are outside of our control and could cause actual results to differ materially from such statements and from our historical results and experience. We do not undertake any obligation to update or revise these forward-looking statements to reflect new events or circumstances. The risks, uncertainties, important factors, and assumptions listed and discussed in this press release, which could cause actual results to differ materially from those expressed, include: the Company's ability to successfully integrate Hostess Brands' operations and employees and to implement plans and achieve financial forecasts with respect to the Hostess Brands' business; disruptions or inefficiencies in the Company's operations or supply chain, including any impact caused by product recalls, political instability, terrorism, geopolitical conflicts (including the ongoing conflicts between Russia and Ukraine and Israel and Hamas), extreme weather conditions, natural disasters, pandemics, work stoppages or labor shortages (including potential strikes along the U.S. East and Gulf coast ports and potential impacts related to the duration of a recent strike at the Company's Buffalo, New York manufacturing facility), or other calamities; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging, and transportation; the impact of food security concerns involving either the Company's products or its competitors' products, including changes in consumer preference, consumer litigation, actions by the U.S. Food and Drug Administration or other agencies, and product recalls; a disruption, failure, or security breach of the Company or its suppliers' information technology systems, including, but not limited to, ransomware attacks; and risks related to other factors described under "Risk Factors" in other reports and statements filed with the Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K. About The J.M. Smucker Co. At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America . We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their families each day, including Folgers ® , Dunkin ' ® , Café Bustelo ® , Jif ® , Uncrustables ® , Smucker's ® , Hostess ® , Milk-Bone ® , and Meow Mix ® . Through our unwavering commitment to producing quality products, operating responsibly and ethically, and delivering on our Purpose, we will continue to grow our business while making a positive impact on society. For more information, please visit jmsmucker.com . The J.M. Smucker Co. is the owner of all trademarks referenced herein, except for Dunkin ' ® , which is a trademark of DD IP Holder LLC. The Dunkin ' ® brand is licensed to The J.M. Smucker Co. for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, e-commerce and drug stores, and in certain away from home channels. This information does not pertain to products for sale in Dunkin ' ® restaurants. View original content to download multimedia: https://www.prnewswire.com/news-releases/the-jm-smucker-co-completes-the-divestiture-of-voortman-brand-to-second-nature-brands-and-updates-fiscal-year-2025-net-sales-outlook-302319978.html SOURCE The J.M. Smucker Co.
Türkiye beat Hungary 92-66 in EuroBasket 2025 qualifiers
Chris Hemsworth and one of his twin boys were spotted taking advantage of Black Friday this past week. The twosome were spotted walking in Los Angeles, with the boy holding onto a shopping bag in one hand and his father's hand in the other. Elsa Pataky and Chris Hemsworth discuss childhood memories and family trips; 'My parents could afford one holiday a year' Chris Hemsworth cuts fan hair to resemble the bowl haircut he usually gives to his twin sons Photographers captured Hemsworth and his son wearing comfortable clothes. Hemsworth opted for a black outfit made out of a t-shirt, sweatpants, and Nike training shoes. His son wore a red t-shirt, a purple hat, grey shorts, and comfortable sneakers. He was holding onto a brown shopping bag that contained some Black Friday purchases. The two were spotted walking around a neighborhood in Los Angeles. Hemsworth has been enjoying his time in Los Angeles with his son Chris Hemsworth has been spending the past month in Los Angeles, as he shoots his awaited new movie, "Crime 101." The film stars Mark Ruffalo, Barry Keoughan, Halle Berry, and more, and appears to be a crime film in the vein of "Heat," following a criminal and a detective as they play a game of cat and mouse. Paparazzi have captured Hemsworth on the set of the film, showing off his action skills. Hemsworth himself has also shared a look at what he's been up to over the past couple of weeks, showing him alongside his son, Tristan, as he teaches him how to box. In an Instagram story, Tristan was trained by a boxer who trained Hemsworth. He was also recorded in the ring with Keoughan, the Academy Award-nominated co-star of Hemsworth's new film. "I spent many hours at Fortune Gym Boxing years back when I first moved to Hollywood auditioning and chasing work," he wrote. "To be back here with Justin now keeping my son sharp has been epic to watch." Keoughan looked thrilled in the photos and videos and wrote a supportive comment for his friend and co-star. "Not only a quality actor but a quality dad and person, brother!!" he wrote. "Tristan is gonna be a true champ all round!!!"
Aaron Rodgers, Jets Called Out by NFL Fans in Blowout Loss to Josh Allen, Bills
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Middle East latest: Syrians celebrate Assad's fall as US seeks a peaceful political transition
Employee compensation up 13%Supreme Court will take up a challenge related to California's tough vehicle emissions standards WASHINGTON (AP) — The Supreme Court says it will take up a business-backed appeal that could make it easier to challenge federal regulations, acting in a dispute related to California’s nation-leading standards for vehicle emissions. The justices agreed Friday to hear an appeal filed by fuel producers who object to a waiver granted to California in 2022 by the Environmental Protection Agency during Joe Biden’s presidency. The waiver allows California to set more stringent emissions limits than the national standard. The case won’t be argued until the spring, when the Trump administration is certain to take a more industry-friendly approach to the issue. Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases DETROIT (AP) — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter, Musk’s lawyer Alex Spiro tells the outgoing SEC chairman, Gary Gensler, that the commission’s demand for a monetary payment is a “misguided scheme” that won’t intimidate Musk. The letter also alleges that the commission reopened an investigation this week into Neuralink, Musk’s computer-to-human brain interface company. The SEC has not released the letter. Nor would it comment on it or confirm whether it has issued such a demand to Musk. Senate begins final push to expand Social Security benefits for millions of people WASHINGTON (AP) — The Senate is pushing toward a vote on legislation that would provide full Social Security benefits to millions of people. Senate Majority Leader Chuck Schumer began the process on Thursday for a final vote on the bill, known as the Social Security Fairness Act. It would eliminate policies that currently limit Social Security payouts for roughly 2.8 million people. The legislation has passed the House. The bill would add more strain on the Social Security Trust funds, which are already estimated to be unable to pay out full benefits beginning in 2035. The measure would add an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office. Trump offers support for dockworkers union by saying ports shouldn't install more automated systems WASHINGTON (AP) — President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports. He posted on social media Thursday that he met with union leaders and that any further “automation” of the ports would harm workers. He wrote that the “amount of money saved is nowhere near the distress, hurt, and harm it causes for American Workers.” The International Longshoremen’s Association has until Jan. 15 to negotiate a new contract with the U.S. Maritime Alliance, which represents ports and shipping companies. The Maritime Alliance says the technology will improve worker safety and strengthen our supply chains, among other things. IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes. The announcement comes under the backdrop of a promised reckoning from Republicans who will hold a majority over both chambers of the next Congress and have long called for rescinding the tens of billions of dollars in funding provided to the agency by Democrats. IRS Commissioner Danny Werfel said improvements made to the agency will help the incoming administration and new Republican majority congress achieve its goals of administering an extension of the 2017 Tax Cuts and Jobs Act. OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship' A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and best avoid an artificial intelligence ‘dictatorship’ is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing conversion into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. OpenAI is filing its response Friday. OpenAI's Altman will donate $1 million to Trump's inaugural fund LOS ANGELES (AP) — OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration. A spokesperson for OpenAI confirmed the move on Friday. The announcement comes one day after Meta, the parent company of Facebook and Instagram, said it donated $1 million to the same fund. Amazon also said it plans to donate $1 million. China signals it's prepared to double down on support for the economy as Trump tariffs loom BANGKOK (AP) — Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing's monetary policy. Analysts said the broad-brush plans from the annual Central Economic Work Conference were more of a recap of current policy than ambitious new initiatives at a time when the outlook is clouded by the President-elect Donald Trump's threats to sharply raise tariffs once he takes office. The ruling Communist Party did commit to raising China's deficit and to doing more to encourage consumer spending by bringing wage increases in line with the pace of economic growth. Here's a look at China's main priorities and their potential implications. Stock market today: Wall Street ends mixed after a bumpy week Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains. The Dow Jones Industrial Average slipped 0.2%. The Nasdaq composite edged up 0.1%. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. RH, formerly known as Restoration Hardware, surged after raising its revenue forecast. Treasury yields rose in the bond market. Next Week: Retail sales, Fed policy update, existing home sales The Commerce Department releases its monthly snapshot of U.S. retail sales Tuesday. Federal Reserve officials wrap up a two-day meeting and issue an interest rate policy update Wednesday. The National Association of Realtors issues its latest update on U.S. home sales Thursday.Microchip Technology revises revenue outlook, plans fab closure; shares drop
EU Calls On Mozambique To Engage In Dialogue With The OppositionJERUSALEM — Hezbollah fired into a disputed border zone held by Israel on Monday after multiple Israeli strikes inside Lebanon since a ceasefire took hold last week. The militant group said the volley, its first during the truce, was a warning shot in response to what it called repeated Israeli violations. Israeli leaders threatened to retaliate and within hours, Israel’s military carried out a string of strikes in southern Lebanon, including five hits in the al-Tuffah region, Lebanese state media reported. There was no immediate word on casualties or what was struck. Lebanon’s parliament speaker, Nabih Berri, accused Israel of violating the truce more than 50 times in recent days, with strikes, demolition of homes near the border and overflight of drones. Meanwhile, President-elect Donald Trump demanded the immediate release of Israeli hostages still being held in Gaza, saying on social media that if they are not freed before he is sworn into office for a second term there will be “HELL TO PAY.” It was not immediately clear whether Trump was threatening to directly involve the U.S. military in Israel’s campaign in Gaza. Get local news delivered to your inbox!
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