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William Franklin Stinson Sr.Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation, a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity.Supply Chain Network Summit Hosts Transforming Warehouse Management with Control Towers, Digital Twins, and AI Webinar with AutoScheduler.AI
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Media Movers: Paul ‘Fatty’ Vautin, Jenni Dill, Michael Rowland, Angela Robinson, Neil Griffiths and Jack CastlesThe Central Intelligence Agency (CIA) is linked throughout the Biden-Ukraine entanglements, from Trump’s first impeachment to Hunter Biden’s business dealings. Back in 2019, the then-National Intelligence Council analyst Eric Ciaramella anonymously accused Trump of demanding an investigation into Biden’s alleged corruption in Ukraine in exchange for military aid, according to Real Clear Investigations. Ciaramella was an adviser to then-Vice President Joe Biden’s office when Biden threatened to stop aid to Ukraine unless it fired Viktor Shokin, Real Clear stated. Shokin was the prosecutor investigating the Ukrainian gas company, Burisma Holdings. Hunter joined the board of Burisma in 2014 where he was making $80,000 a month, according to bank records. While Ciaramella was accusing Trump of using a “quid pro quo,” Hunter’s payments were not as scrutinized in 2019. A transcript of Trump’s call eventually revealed that he did not make a promise to Zelenskyy or threaten to withhold aid to Ukraine . (RELATED: Here Are Times Biden, KJP Promised President Wouldn’t Pardon Hunter Before Breaking His Word) A slide is projected as Fiona Hill, the former top Russia expert on the National Security Council, and David Holmes, a State Department official stationed at the US Embassy in Ukraine arrive to testify during the House Intelligence Committee hearing as part of the impeachment inquiry into US President Donald Trump on Capitol Hill in Washington,DC on November 21, 2019. (Photo by JIM WATSON/AFP via Getty Images) Ciaramella had conversations with key Biden aides and Ukrainian prosecutors, White House emails and photos released from the National Archives demonstrated. In one email, Ciaramella wrote “Yikes” in response to Biden’s decision to withhold aid from Ukraine, Real Clear noted. He was also involved in discussions concerning the aid package that Biden made dependent on Shokin’s removal, according to Real Clear. Ciaramella previously worked for CIA Director John Brennan, according to the investigation. He also worked with diplomats at the Obama and Biden administrations on Ukraine, including top State Department official Victoria Nuland. Additionally, Real Clear reported he was on CIA detail while at the Biden White House. BREAKING: According to deposition transcript, Biden’s Ukraine coup architect Victoria Nuland confirmed Eric Ciaramella was “in charge of Ukraine policy” under Biden & cleared her into WH meetings on Ukraine, where they discussed Prosecutor Shokin & Burisma https://t.co/g02aj0UmcY — Paul Sperry (@paulsperry_) April 25, 2024 A report recently revealed that a group whose reporting was cited in the whistleblower letter that resulted in Trump’s impeachment received funding from the U.S. government. The Organized Crime and Corruption Reporting Project (OCCRP) was funded by the U.S. State Department and USAID, according to a report by Drop Site News. OCCRP’s reporting on Rudy Giuliani’s political activity in Ukraine was referenced four times in a whistleblower letter that resulted in Trump’s impeachment, according to Drop Site. The largest donor for OCCRP is the U.S. Agency for International Development (USAID). (RELATED: Here Is What The Biden Family Has Been Up To Since 2014) USAID has been accused by foreign countries of being a CIA front, Foreign Police reported . USAID’s public safety program coordinated with the CIA to provide training for foreign police forces, according to the outlet. However, the program was shut down at the direction of Congress in 1973. According to this @DropSiteNews story, a media group roughly half-funded by CIA front USAID published reporting on Giuliani and Ukraine that was cited in the whistleblower complaint used as a predicate to impeach Trump https://t.co/o6gkZmqPLH pic.twitter.com/UEx5TXOBVE — Emily Jashinsky (@emilyjashinsky) December 2, 2024 The CIA also blocked an Internal Revenue Service (IRS) team’s investigation into Hunter Biden from using his benefactor, Kevin Morris, as a witness, according to IRS whistleblower Gary Shapley. Shapley was directing a probe into Biden in August 2021 when Assistant United States Attorney (AUSA) for Delaware – Lesley Wolf – told him she was going to the CIA’s headquarters, according to Shapley’s testimony. Wolf allegedly appeared there alongside Department of Justice (DOJ) tax attorney Jack Morgan. The CIA, Morgan and Wolf discussed Morris, Shapley stated in the affidavit . Wolf seemed to have prevented the whistleblowers from using Morris as a witness, IRS whistleblowers told Congress. She did not share any information about why she made that decision, according to Shapley. The intelligence community’s most open involvement in attempting to cover up for Hunter Biden’s alleged corruption was when officials labeled the New York Post’s Hunter Biden laptop story as “Russian disinformation.” In October 2020, 51 former intelligence officials including former CIA Director John Brennan signed the letter . Former Deputy Director of the CIA Michael Morell told the House Judiciary Committee that he was contacted by then-Biden adviser Antony Blinken. The call from Blinken resulted in the letter’s creation, Morell admitted. Former CIA Chief of Staff Jeremy Bash also signed the letter and connected Morell with former Biden Campaign Chairman Steve Ricchetti, according to Morell’s testimony. Bash later served on the president’s Intelligence Advisory Board in 2022. (RELATED: Second Biden-Appointed Prosecutor Confirms He Refused To Cooperate On Hunter Biden Case) “The Senate Intelligence Committee could simply get a Gang of 8 and look at all CIA files that have the word Burisma in it,” former state department official Mike Benz stated in an interview. He pointed to an agreement between the North Atlantic Treaty Organization (NATO)-aligned Atlantic Council and Burisma Holdings. “Burisma was being built up as an alternative to Russian gas,” Benz said. “The Senate Intelligence Committee could simply get a Gang of 8 and look at all CIA files that have the word Burisma in it. And I guarantee you if they did that, every single one of them would walk out white in the face at the sheer scale of what Burisma was being used for...” pic.twitter.com/Qh0f1wETAm — Mike Benz (@MikeBenzCyber) December 3, 2024 In 2017, the Atlantic Council and Burisma signed a cooperative agreement on Jan. 19, 2017, according to the Kyiv Post . The Atlantic Council ignored warnings by a Ukrainian anti-corruption activist against partnering with Burisma . Former CIA directors Gen. David Petraeus and R. James Woolsey are listed on the Council’s Board of Directors . “What were we doing between 2014 and 2020?” Benz said. “Why was there billions of dollars in military assistance going to Ukraine, to recapture Ukraine where Burisma held all of its mining rights, and to recapture Crimea, where Burisma held the offshore gas mining rights.” An Atlantic Council spokesman told the Daily Caller News Foundation the funding allowed the think tank to combat Russian disinformation, focus on energy independence in Ukraine and improve “business cooperation” between the U.S. and Ukraine. Benz also pointed out how Joseph Cofer Black – former Director of the CIA’s Counterterrorist Center – joined Burisma’s board in 2017. Black was awarded the CIA Distinguished Intelligence Medal, the agency’s highest achievement recognition. “We were sending billions of dollars of U.S. taxpayer money to effectively improve the corporate revenue structure of a company that the previous vice president’s son was on and the then-incoming president would orient his entire foreign policy around,” Benz said. (RELATED: Judge Declines To Dismiss Hunter Biden’s Tax Case Over Special Counsel Challenge) Ryan Wesley Routh, Trump’s second attempted assassin, was a staunch supporter of Ukraine and visited the country in 2022. Kyiev denied any relation and claimed Routh’s ideas were “delusional,” according to The New York Times.SAN DIEGO , Dec. 5, 2024 /PRNewswire/ -- BSD Builders, Inc. today announced it has received seismic certification from California's OSHPD/HCAi for its state-of-the-art Microgrid Solutions. Developed in partnership with 2G Energy Inc., the BSD Special Seismically Certified (SSC) Microgrid product is set to revolutionize energy resilience and efficiency for all types of buildings. The BSD SSC Microgrid system, consisting of a cogeneration power plant and fuel storage, was initially designed to support California skilled nursing facilities' compliance with California Assembly Bill 2511, which California Governor Gavin Newsom signed into law on September 29, 2022 . This bill requires these facilities to have an alternative power source to protect resident health and safety for at least 96 hours during any type of power outage. This microgrid power solution is a self-contained electrical system that can operate independently from the main power grid. With the seismic certification, it is now available for any type of building that needs uninterruptable power. "At BSD Builders, we're passionate about creating solutions that make a difference in people's lives. We have developed a proprietary solution that not only meets but exceeds California's stringent seismic requirements while providing a reliable and efficient source of power, especially during unexpected power loss or natural disasters," said Jeff Blair , CEO of BSD Builders, Inc. "This solution offers long-term benefits not only by lowering utility costs, it can also help to improve the stability of the regional electric grid and reduce carbon emissions." Key features of the BSD SSC Microgrid Solution include: "2G Energy is proud to partner with BSD on the BSD SSC Microgrid System designing it for a wide range of applications, providing a reliable and cost-effective energy solution for skilled nursing facilities, hospitals, data centers, pharmaceutical labs, research facilities, cold storage units, data centers, and more," stated Darren Jamison , Managing Director of 2G Energy North America. "The design utilizes proprietary technologies to offer clients reduced utility costs and increased reliability. It is designed for continuous parallel operation with the utility as well as stand-alone island mode," concluded Jamison. For more information about the BSD SSC Microgrid System or to schedule a consultation, please visit bsdbuilders.com . About BSD Builders, Inc . - BSD Builders, Inc. is a leading general contractor specializing in the healthcare industry. Focusing on exceeding industry standards and delivering exceptional value to clients, BSD Builders, Inc. continues to set the benchmark for excellence in the construction and energy sectors. About 2G Energy – 2G Energy is a globally recognized leader in the development and production of combined heat and power (CHP) systems. With a commitment to sustainability and innovation, 2G Energy provides cutting-edge solutions that optimize energy efficiency and environmental performance. View original content to download multimedia: https://www.prnewswire.com/news-releases/bsd-builders-inc-advanced-microgrid-solutions-receives-california-seismic-certification-for-uninterruptible-power-supply-302324334.html SOURCE BSD Builders, Inc.
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