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Stellar Bancorp stock soars to 52-week high of $30.94Can AI chatbots make your holiday shopping easier?Pat Riley Thinks Showtime Lakers Would Beat Heat Superteam With LeBron James
Ashland signs definitive agreement to sell Avoca business to ManeANAHEIM, Calif. (AP) — Anaheim Ducks forward Trevor Zegras will be out for six weeks after undergoing surgery to repair a torn meniscus in his right knee. Zegras had surgery Thursday, the team announced. on a fairly innocent-looking play during in Anaheim. Zegras and William Karlsson only briefly got their skates and stick blades entangled, but Zegras needed help to get off the ice after taking a fall. Zegras’ torn meniscus is his third major injury in just over a year, although a torn meniscus is likely a fortunate outcome for a knee injury that could have been much worse. He was limited to 31 games last season by two injury setbacks, including a broken ankle that required surgery. Zegras has four goals and six assists in 24 games this season for Anaheim, which had lost four straight heading into its road game against Toronto on Thursday night. The Ducks surprisingly activated forward Robby Fabbri from injured reserve before they faced the Maple Leafs. Fabbri had arthroscopic knee surgery on Nov. 15 and is progressing much faster than his initial predicted timeline of six to eight weeks. ___ AP NHL:
Brazilian President Luiz Inacio Lula da Silva underwent surgery to remove a drain from his skull, a procedure carried out to relieve bleeding. According to his doctors, he remains "lucid and speaking normally." The 79-year-old leader is expected to be discharged from the hospital early next week. Despite his health challenges, a senior aide confirmed Lula's intention to run for re-election in 2026 as the ruling Workers Party candidate. This announcement comes amid public scrutiny of his age and health as potential barriers to a fourth term. Polls show divided opinion on Lula's candidacy, with a slight increase in those supporting his run. If an election scenario pits him against conservative rivals, it is suggested he would emerge victorious. The political left fears a lack of leadership succession if Lula steps down. (With inputs from agencies.)
Seahawks have taken a bumpy path to first place in the NFC West
NoneFalcons feeling the pressure at .500 as Cousins' interceptions put spotlight on downturn for offense
Bollywood star Shah Rukh Khan expresses excitement to be back in Malaysia
* TSX ends up 0.6% at 24,748.98 * Energy sector advances 2% * Materials group adds 0.7% * Eight of 10 major sectors end higher (Updates at market close) By Fergal Smith Dec 23 (Reuters) - Canada's main stock index rose on Monday, led by gains for resource shares as the seasonal optimism of investors offset an uncertain outlook for the Canadian economy and domestic political uncertainty. The Toronto Stock Exchange's S&P/TSX composite index ended up 149.50 points, or 0.6%, at 24,748.98, extending its rebound from a six-week low on Thursday. U.S. markets also notched gains after a stopgap government funding bill averted a U.S. government shutdown. "We're seeing the beginnings of a 'Santa Claus rally' as stocks continue to show strong momentum into year-end," said Brandon Michael, senior investment analyst at ABC Funds, referring to the tendency for stocks to advance in the period around the Christmas Day holiday. The TSX has climbed 18.1% since the start of the year. Still, that is less than the roughly 25% advance for the S&P 500. "While the TSX is up today, it's lagging behind, and that's reflecting narrower breadth and a lack of exposure to high-growth sectors like AI, robotics, and quantum computing in Canada," Michael said. "Additionally, the Canadian economy is facing challenges, not being helped by the current political situation, and the Canadian dollar is under pressure with the need for potentially more aggressive rate cuts." Minutes from the Bank of Canada's December meeting showed the decision to opt for a larger than usual 50-basis-point interest rate cut reflected a weaker outlook for growth than forecast in October. Canadian Prime Minister Justin Trudeau, whose party looks set to lose power early next year, is under increasing pressure from his own legislators to step down and let someone else take over. The energy sector rose 2% even as the price of oil settled 0.3% lower at $69.24 a barrel. The materials group, which includes metal mining shares, also notched gains, advancing 0.7%. Eight of 10 major sectors ended higher. (Reporting by Fergal Smith and Ragini Mathur; Editing by Krishna Chandra Eluri, Tasim Zahid and Chris Reese)
Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during his campaign that he would remove Gensler. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. It hit new highs Thursday and was nearing $100,000. Bitcoin moved notably higher still after Gensler's resignation was announced. Gensler's stance on the rise of cryptocurrencies was captured during a speech he gave during the first year of his chairmanship in 2021 where he described the market as “the Wild West.” “This asset class is rife with fraud, scams, and abuse in certain applications,” he said in a speech at the Aspen Security Forum. “There’s a great deal of hype and spin about how crypto assets work. In many cases, investors aren’t able to get rigorous, balanced, and complete information.” Under Gensler, the SEC brought actions against players in the crypto industry for fraud , wash trading and other violations, including as recently as last month when the commission brought fraud charges against three companies purporting to be market makers, along with nine individuals for trying to manipulate various crypto markets. Yet access to cryptocurrencies became more widespread under Gensler. In January, the SEC approved exchange-traded funds that track the spot price of bitcoin. With such ETFs, investors could get easier access to bitcoin without the huge overlays required to buy it directly. Gensler, however, acknowledged the SEC had denied earlier, similar applications for such ETFs, including Grayscale Bitcoin Trust, among the first to eventually be approved by the SEC. “Circumstances, however, have changed,” Gensler said, pointing to a ruling by the U.S. Court of Appeals for the District of Columbia that said the SEC failed to adequately explain its reasoning in rejecting Grayscale’s proposal. Even there, Gensler made sure not to endorse the merits of bitcoin. He pointed to how ETFs that hold precious metals are tracking prices of things that have “consumer and industrial users, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.” Gensler was tested early in his tenure with the rise of the meme stock phenomenon that shocked the financial system in early 2021. Earlier this year, the SEC under Gensler pushed Wall Street to speed up how long it takes for trades of stocks to settle, one of the areas where the commission’s staff recommended changes following the reckoning created by GameStop , one of the first meme stocks. In the depths of the COVID-19 pandemic, hordes of smaller-pocketed and novice investors suddenly piled into the stock of the struggling video-game retailer. During the height of the frenzy, several brokerages barred customers from buying GameStop after the clearinghouse that settles their trades demanded more cash to cover the increased risk created by its highly volatile price. In May 2024, new rules meant broker-dealers have to fully settle their trades within one business day of the trade date, down from the previous two. Critics of the SEC under Gensler have called many of the agency's proposals overly burdensome. The investment industry, for example, is pushing against a proposal to force some advisers and companies disclose more about their environmental, social and governance practices, otherwise known as ESG. Critics say the proposal is overly complex and increases the risk of investor confusion, while imposing unnecessary burdens and costs on funds. On Thursday, Gensler stood by the SEC's track record under his direction. “The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike," Gensler said in prepared remarks. “The staff comprises true public servants." Gensler previously served as Chair of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. He also was senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002) and was undersecretary of the Treasury for Domestic Finance and assistant secretary of the Treasury from 1997-2001.
Burt, the huge Australian crocodile who had a cameo in ‘Crocodile Dundee,’ dies at 90NiSource Inc. stock outperforms competitors despite losses on the dayANAHEIM, Calif. (AP) — Anaheim Ducks forward Trevor Zegras will be out for six weeks after undergoing surgery to repair a torn meniscus in his right knee. Zegras had surgery Thursday, the team announced. Zegras was injured last week on a fairly innocent-looking play during the Ducks' 4-1 loss to Vegas in Anaheim. Zegras and William Karlsson only briefly got their skates and stick blades entangled, but Zegras needed help to get off the ice after taking a fall. Zegras' torn meniscus is his third major injury in just over a year, although a torn meniscus is likely a fortunate outcome for a knee injury that could have been much worse. He was limited to 31 games last season by two injury setbacks, including a broken ankle that required surgery. Zegras has four goals and six assists in 24 games this season for Anaheim, which had lost four straight heading into its road game against Toronto on Thursday night. The Ducks surprisingly activated forward Robby Fabbri from injured reserve before they faced the Maple Leafs. Fabbri had arthroscopic knee surgery on Nov. 15 and is progressing much faster than his initial predicted timeline of six to eight weeks. AP NHL: https://apnews.com/NHL
Falcons feeling the pressure at .500 as Cousins' interceptions put spotlight on downturn for offenseBula Three stories make the front page of the Fiji Times for Saturday, December 21. But before that, we have a wraparound over the front page, and it’s on the holidays coming up. THE shadowy nature of the illegal drug trade requires the Counter Narcotics Unit to equip itself with surveillance technology such as drones and advanced tracking systems. According to the Police Reset document, preventing the flow of illegal drugs and dismantling drug networks will also require a strengthening of intelligence-gathering mechanisms to identify drug trafficking routes and networks. Fiji National Provident Fund’s 43,000 members were paid a record eight per cent return to its members in its 2024 financial year ending June 2024. This was the highest in the last 25 years. The performance comes as the fund continues to manage an asset portfolio valued at $10.6 billion for over 423,000 members. PRIME Minister Sitiveni Rabuka says if Acting Police Commissioner Juki Fong Chew has evidence of dirty cops, then he should have had them investigated and arrested. Mr Rabuka’s remark follows claims by Mr Fong Chew that some police officers were corrupt. In a strong response to the media yesterday, Mr Rabuka expressed disappointment at Mr Fong Chew’s comments, describing them as injurious to the morale of the police force. Letters to the editor We have seven pages of people’s opinions. Find out what they are talking about. Read their views on issues they feel strongly about, and get a feel of the pulse of the nation. People are challenging processes, and systems and have a view on various issues affecting our nation. International Follow us for the best and most comprehensive international news coverage. We connect you to some of the world’s best news agencies, bringing you news that matter from around the world. Synopsis We are now counting down the days to Christmas Day on December 25. That’s when celebrations will definitely go up a notch. There is tradition, and emotions linked to this special day, and the one after that, on Boxing Day, and then attention shifts to New Year’s Day. We celebrate this festive season for different reasons. One thing’s for sure, the festivities start this weekend, broken by working days on Monday and Tuesday, only to resume on Wednesday and Thursday. For thousands of people, it’s an opportunity to unwind, and to be with family and friends. It’s an opportunity to relax at the beach, take in the weather, and the moment. It’s an opportunity to enjoy life. Some will drown themselves in alcohol. Thousands will use the opportunity to become tourists. There will be people at work though. They ensure the processes and systems that enable our nation to churn on, continue rolling. There are families who may have a loved one who is very sick, or perhaps they are not well-off and are unable to enjoy the occasion. Christmas Day is a joyous occasion that should be celebrated. Lest we forget, we also have a duty to be careful on our roads. Travelling times take up a huge chunk of our days in this period. So let’s be vigilant, proactive, and adhere to laws that govern road usage. Considering the fact that we are still in the cyclone season that stretches from November to April, it pays to be mindful of what the weather reports reveal. It is encouraging to see organisations and people reaching out to assist the less fortunate. A lot of them have come to the assistance of organisations like Walk on Walk Strong (WOWS) Kids Fiji for instance. These acts of kindness should remind us that there are many good-hearted people willing to lend a helping hand, and their efforts should inspire us all. Let this season of goodwill empower us to show concern and compassion for those around us. We acknowledge and celebrate all those who have dedicated their time and energy to uplift others, and to become shining lights in our communities. Your contributions make a meaningful difference, reminding us about the true spirit of the season. As we prepare for the holidays, let’s plan wisely and prioritise safety for ourselves and our loved ones. Whether we’re celebrating at home, traveling, or volunteering to help those in need, our actions can have a lasting impact. Let’s embrace the joy of the season while fostering a sense of togetherness and support for one another. Let’s also focus on safety!Democracy and Protests
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