cockfighting logo design

PISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers on Saturday. Illinois (8-3, 5-3 Big Ten) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched in a game that featured three lead changes in the final 3:07. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. Bryant finished with seven receptions for 197 yards. Altmeyer put Illinois in front with a 30-yard TD run with 3:07 to go. He passed to Josh McCray on the 2-point conversion, making it 30-24. Rutgers responded with a 10-play, 65-yard drive. Athan Kaliakmanis had a 15-yard run on fourth down. He passed to running back Kyle Manangai for a 13-yard TD with 1:08 remaining. Illinois then drove 75 yards in eight plays for the unexpected win. Kaliakmanis was 18 for 36 for 174 yards and two touchdowns. He also had 13 carries for 84 yards and two TDs. Monangai had a career-high 28 carries for 122 yards. Kaliakmanis found Ian Strong for a 2-yard touchdown in the final seconds of the first half, and he scored on a 1-yard run to lift Rutgers to a 24-15 lead early in the fourth quarter. Illinois responded with Aidan Laughery’s 8-yard TD run, setting up the roller-coaster finish. The start of the second half was delayed because of a scrum between the teams. There were no punches thrown and the officials called penalties on both schools. Monangai become the third player in Rutgers history to rush for 3,000 yards when he picked up 4 on a third-and-1 carry early in the second quarter. The defending conference rushing champion joins Ray Rice and Terrell Willis in hitting the mark. Illinois: The great finish keeps the Illini in line for its first nine-win season since 2007 and a prestigious bowl game this season. Rutgers: The Scarlet Knights were seconds away from their first in-conference three-game win streak since joining the Big Ten in 2014. Illinois: At Northwestern next Saturday. Rutgers: At Michigan State next Saturday. AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-pollcockfighting logo design 。

South Korean president's impeachment vote fails after ruling party boycotts itJets' Ulbrich says Rodgers 'absolutely' remains the team's starting quarterbackOrganisations are facing a new era of nonfinancial reporting with the European Union’s Corporate Sustainability Reporting Directive (CSRD), now in effect. CSRD reporting is standardised through the European Sustainability Reporting Standards (ESRS), making it easier to make direct comparisons and improve consistency across twelve sector-agnostic standards. Among the standards is the requirement for organisations to report data on their own workforces (ESRS S1). Quick Hits The ESRS reporting standards will be mandatory for all companies covered by the CSRD, which began in January 2024. The CSRD has a broad jurisdictional scope, and for companies operating within the European Union or with substantial business in the EU, understanding and implementing the CSRD’s obligations is crucial. The CSRD goes beyond existing voluntary reporting guidance in the United States to ensure that disclosures are complete and comparable. U.S. companies that fall within the scope of these new requirements will likely require a dedicated report to remain compliant with the EU. Under ESRS S1, organisations will be required to report on the number of work-related incidents and/or complaints and severe human rights impacts, and any related fines, compensations, or sanctions that occurred during the reporting period. This includes work-related incidents of discrimination, such as discrimination on the grounds of race, age, and gender. ESRS S1 also includes incidents relating to workplace harassment as a specific form of discrimination. Organisations will be required to disclose strategies they have employed to identify and manage any material impacts of the social factors or matters mentioned in the standard on their own workforces, together with the accompanying risks and opportunities. The objective of ESRS S1 is also to enable users to understand the extent to which the organisations align and comply with human rights conventions in the EU and internationally. Reporting Obligations In addition to the above, applicable organisations will be required to disclose the following: any specific policies in place aimed at the elimination of discrimination, such as those that promote equal opportunities, encourage expressions of gender identity, and aim to protect workers from harassment; if the following grounds for discrimination are specifically covered in any applicable policies: sexual orientation, racial and ethnic origin, age, colour, sex, gender identity, disability, religion and political beliefs, or other forms of discrimination specified under EU regulation and national laws; any specific policy commitments addressing the areas of workplace inclusion or positive action plans for people deemed to be at increased risk of vulnerability in the organisation’s workforce; any information about the above policy’s implementation through specific procedures to target the prevention and mitigation of discrimination; and response plans to handle reports related to discrimination or related incidents. Covered Organisations The CSRD applies to all public and private entities previously subject to the Non-Financial Reporting Directive (NFRD) and to large EU companies (including subsidiaries of non-EU parent companies) that meet at least two of the following criteria: More than 250 employees Net turnover (revenue) of more than €50 million Total assets of more than €25million It will also apply to parent companies from a third country (including the United States) with securities listed on an EU-regulated market, regardless of whether the issuer is located within the EU or in a non-EU country. There are some exceptions to the above scope, such as the exclusion of micro-undertakings or the inclusion of large credit and insurance organisations regardless of their legal form. Crucially, the CSRD extends to non-EU organisations, making its implications global. Timeframe The reporting requirements under the CSRD will be implemented in four stages, the first of which is currently taking place. The ESRS took effect on January 1, 2024, but reporting will commence in 2025 for the 2024 financial year. The ESRS requirements are already applicable to organisations previously under the scope of NFRD (which is being phased out in favour of the CSRD). The inclusion of listed small and medium enterprises (SMEs) in the scope is likely to occur in 2025, with a two-year opt-out period for qualifying organizations to defer reporting obligations. In 2028, non-EU parent firms that exhibit significant activity and presence within the EU will become subject to the CSRD. This means parent companies with at least one subsidiary subject to the CSRD, or that have had a net turnover in the EU of more than €150 million in each of the last two consecutive financial years, or that have at least one EU branch that brought in more than €40 million in net sales in the preceding financial year. Penalties Member states will have the authority to issue penalties for noncompliance; therefore, sanctions may differ, resulting in a potential spectrum of financial penalties and risk of reputational damage.

Vertex, Inc. (NASDAQ:VERX) Position Boosted by KBC Group NV

Aflac Incorporated to Webcast 2024 Financial Analysts BriefingBy Stan Choe, The Associated Press NEW YORK — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago. The Dow Jones Industrial Average added 440 points, or 1%, to its own record set on Friday, while the Nasdaq composite rose 0.3%. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent , a hedge fund manager, to be his Treasury Secretary. Bessent has argued for reducing the U.S. government’s deficit, which is how much more it spends than it takes in through taxes and other revenue. Such an approach could soothe worries on Wall Street that Trump’s policies may lead to a much bigger deficit, which in turn would put upward pressure on Treasury yields. After climbing above 4.44% immediately after Trump’s election, the yield on the 10-year Treasury fell back to 4.26% Monday, down from 4.41% late Friday. That’s a notable move, and lower yields make it cheaper for all kinds of companies and households to borrow money. They also give a boost to prices for stocks and other investments. That helped stocks of smaller companies lead the way, and the Russell 2000 index of smaller stocks jumped 1.5%. It finished just shy of its all-time high, which was set three years ago. Smaller companies can feel bigger boosts from lower borrowing costs because of the need for many to borrow to grow. The two-year Treasury yield, which more closely tracks the market’s expectations for what the Federal Reserve will do with overnight interest rates, also eased sharply. The Fed began cutting its main interest rate just a couple months ago from a two-decade high, hoping to keep the job market humming after bringing inflation nearly all the way down to its 2% target. But immediately after Trump’s victory, traders had reduced bets for how many cuts the Fed may deliver next year. They were worried Trump’s preference for lower tax rates and higher spending on the border would balloon the national debt. A report coming on Wednesday could influence how much the Fed may cut rates. Economists expect it to show that an underlying inflation trend the Fed prefers to use accelerated to 2.8% last month from 2.7% in September. Higher inflation would make the Fed more reluctant to cut rates as deeply or as quickly as it would otherwise. Goldman Sachs economist David Mericle expects that to slow by the end of next year to 2.4%, but he said inflation would be even lower if not for expected tariff increases on imports from China and autos favored by Trump. In the stock market, Bath & Body Works jumped 16.5% after delivering stronger profit for the latest quarter than analysts expected. The seller of personal care products and home fragrances also raised its financial forecasts for the full year, even though it still sees a “volatile retail environment” and a shorter holiday shopping season this year. Much focus has been on how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. Last week, two major retailers sent mixed messages. Target tumbled after giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Another big retailer, Macy’s, said Monday its sales for the latest quarter were in line with its expectations, but it will delay the release of its full financial results. It found a single employee had intentionally hid up to $154 million in delivery expenses, and it needs more time to complete its investigation. Macy’s stock fell 2.2%. Among the market’s leaders were several companies related to the housing industry. Monday’s drop in Treasury yields could translate into easier mortgage rates, which could spur activity for housing. Builders FirstSource, a supplier or building materials, rose 5.9%. Homebuilders, D.R. Horton, PulteGroup and Lennar all rose at least 5.6%. All told, the S&P 500 rose 18.03 points to 5,987.37. The Dow Jones Industrial Average jumped 440.06 to 44,736.57, and the Nasdaq composite gained 51.18 to 19,054.84. In stock markets abroad, indexes moved modestly across much of Europe after finishing mixed in Asia. In the crypto market, bitcoin was trading below $95,000 after threatening to hit $100,000 late last week for the first time. AP Business Writer Elaine Kurtenbach contributed. More business news Overhauls of ‘heritage brands’ raise the question: How important are our products to our identities? Here’s when Target, Walmart and other retailers will open on Black Friday Shorter holiday shopping season? No problem, Black Friday deals have already begun

The ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to compete in the Mountain West Conference women's championship opening this week in Las Vegas. The ruling comes in a lawsuit filed by nine current players against the Mountain West Conference challenging the league's policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player's name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews' ruling referred to the athlete as an "alleged transgender" player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. San Jose State will "continue to support its student-athletes and reject discrimination in all forms," the university said in a statement, confirming that all its student-athletes are eligible to participate under NCAA and conference rules. "We are gratified that the Court rejected an eleventh-hour attempt to change those rules. Our team looks forward to competing in the Mountain West volleyball tournament this week." The conference did not immediately respond to an email seeking comment. The players filed a notice for emergency appeal with the 10th U.S. Circuit Court of Appeals. Crews said the players who filed the complaint could have sought relief much earlier, noting the individual universities had acknowledged that not playing their games against San Jose State this season would result in a loss in league standings. He also refused a request to re-seed the tournament without the forfeited losses. The judge said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 -– making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season's awareness of her reported identity led to an uproar among some players, pundits, parents and politicians in a major election year. Crews' ruling also said injunctions are meant to prevent harm, but in this case, he argued, the harm has already occurred. The games have been forfeited, the tournament has been seeded, the teams have made travel plans and the participants have confirmed they're playing. The tournament starts Wednesday and continues Friday and Saturday. Colorado State is seeded first and San Jose State, second. The teams split their regular-season matches and both get byes into Friday's semifinals. San Jose State will play the winner of Wednesday's match between Utah State and Boise State — teams that both forfeited matches to SJSU during the regular season. Boise State associate athletic director Chris Kutz declined to comment on whether the Broncos would play SJSU if they won their first-round tournament game. Utah State officials did not immediately respond to emails seeking comment. The conference tournament winner gets an automatic bid to the NCAA tournament. San Jose State coach Todd Kress, whose team has not competed in the national tournament since 2001, has said his team has been getting "messages of hate" and that has taken a toll on his players. Several teams refused to play against San Jose State during the season, earning losses in the official conference standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada's players stated they "refuse to participate in any match that advances injustice against female athletes," without elaborating. Nevada did not qualify for the conference tournament. The nine current players and others now suing the Mountain West Conference, the California State University Board of Trustees and others include San Jose State senior setter and co-captain Brooke Slusser. The teammate Slusser says is transgender hits the volleyball with more force than others on the team, raising fear during practices of suffering concussions from a head hit, the complaint says. The Independent Council on Women's Sports is funding a separate lawsuit against the NCAA for allowing transgender women to compete in women's sports. Both lawsuits claim the landmark 1972 federal antidiscrimination law known as Title IX prohibits transgender women in women's sports. Title IX prohibits sexual discrimination in federally funded education; Slusser is a plaintiff in both lawsuits. Several circuit courts have used a U.S. Supreme Court ruling to conclude that discriminating against someone based on their transgender status or sexual orientation is sex-based discrimination, Crews wrote. That means case law does not prove the "likelihood of success" needed to grant an injunction. An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women's sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women's sports. Crews was a magistrate judge in Colorado's U.S. District Court for more than five years before President Joe Biden appointed him as a federal judge in January.stars and announced on Monday that they are closing their Los Angeles bar, Schwartz & Sandy’s, at the end of December after two years of operation. The reality TV stars cited challenging finances and Sandoval’s cheating scandal as reasons for the bar’s closure in a statement to . Sandoval and Schwartz opened the bar in November 2022 just a few months before it was reported that Sandoval cheated on his longtime girlfriend, , with castmate Rachel Leviss, a pop culture scandal now known as “ .” “Deciding to close was one of the hardest decisions we’ve made,” Schwartz shared. “We agonized over it for quite some time because we truly believe it’s a great bar, still ripe with potential. Unfortunately, the current climate for this business is pretty rough. Recovering from all the negativity post-scandal wasn’t easy, and the slimmer margins post-COVID made it even harder to bounce back.” Schwartz added, “It’s already a tough business, and the damage from relentless negative press over the last year made it even harder. It was difficult not to feel resentful and bitter, but eventually, we had to let it go — no more replaying what went wrong.” Schwartz & Sandy’s was the second business the Toms launched together after opening restaurant and bar TomTom in 2018 with Lisa Vanderpump. The bar’s opening was documented for cameras, but fans were quick to turn on Sandoval and his businesses — leaving negative reviews of Schwartz & Sandy’s on social media — after made headlines. Sandoval elaborated on the pair’s decision to close the bar in a on Monday. “With a heavy heart, we’ve made the difficult decision to close Schwartz & Sandy’s at the end of December,” Sandoval shared. “This hasn’t been an easy choice for my partners and me, but other priorities and commitments have taken hold. While this business venture has been an incredible stepping stone in my life, one I will always cherish, I look forward to exciting new endeavors.” Sandoval added that Schwartz & Sandy’s will host several events over the next few weeks and the bar is still available to book for private events until closing night. “The allure of being associated with reality TV has hidden what is an amazing spot and location for L.A. locals,” he wrote. “I highly recommend you check us out, especially if you haven’t yet. Let’s get together one last time.” THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood Reporter

COLLEGE FB NOTES

GET READY TO SAVE BIG! Black Friday 2024: Top Deals on Laptops, Mobile Phones & Headsets( MENAFN - EIN Presswire) KELOWNA, BRITISH COLUMBIA, CANADA, December 16, 2024 /EINPresswire / -- WTFast, a leader in online gaming optimization, has partnered with TP-Link to bring WTFast technology to TP-Link Gaming routers. TP-Link, a global leader in networking solutions, is excited to announce that the TP-Link GXE75 is now officially available for purchase in the United States through Amazon. This collaboration is focused on enhancing the online gaming experience for users. WTFast's advanced Technology reduces lag, latency, and packet loss, optimizing Network connections specifically for gaming. By incorporating WTFast's solutions into TP-Link Gaming routers, gamers can expect smoother gameplay, improved responsiveness, and fewer connection issues. The GXE75 also boasts: ● 5.4 Gbps Tri-Band Wi-Fi: Up to 5.4 Gbps Tri-Band WiFi enables your devices always ready for the fiercest battles brand new 6 GHz band provides exceptional bandwidth and congestion-free channels exclusive to Wi-Fi 6E devices. ● 2.5G Multi-Gigabit Port: Supercharge your gaming network with the Archer GXE75 featuring a lightning-fast 2.5G WAN port and four 1G LAN ports for unrivaled speed and seamless multiplayer gaming. ● 4× Optimally Positioned Antennas: Enjoy uninterrupted gaming in every corner of your home with 4× optimally positioned antennas, proprietary Wi-Fi optimization, and Beamforming technology. Availability: The TP-Link GXE75 is now available for purchase on Amazon US, bringing advanced connectivity and reliability to American consumers. About WTFast: WTFast is a leading provider of gaming network optimization solutions. Their technology reduces lag, latency, and packet loss, ensuring a smooth gaming experience for users worldwide. About TP-Link: TP-Link is a global multinational group involved in consumer networking, consumer electronics, business networking and security, software, and cloud services. TP-Link delivers reliable, high-performance, convenient products and services to users in over 170 countries and regions. Marketing WTFast ... Visit us on social media: Facebook X LinkedIn Instagram YouTube TikTok Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN16122024003118003196ID1108999806 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

The recent decision by the Walla Walla City Council to deny Cottonwood Investors’ proposed development near Cottonwood and Kendall Roads overlooks both the short-term benefits of the project and the long-term needs of the community. Despite meeting requirements and receiving city staff’s recommendation for approval, the application was rejected. The proposed development offered a practical step forward in addressing Walla Walla’s housing problems. Building 257 single-family homes over the next several years would have added much-needed housing to the market. While the project did not directly include affordable housing units, the overall increase in housing stock could have eased the shortage. By freeing up existing, less expensive homes as some residents upgraded to newer properties, the development would have indirectly benefited middle- and lower-income families. While it isn't a one-and-done solution to the housing problems plaguing Walla Walla and much of the country, it could be a step in the right direction. In addition, we can't ignore the city's financial situation. Approving the subdivision would have increased property tax revenues, and costs of additional infrastructure are necessary expenses for growth — Walla Walla can't stay stagnant forever. A growing housing market is a good way to help fund the city. Rejecting this development continues the strain on the city's resources and certainly doesn't help with future economic development. The council's decision also undermines city staff, who recommended approval. While concerns about traffic, stormwater management and infrastructure are valid, these challenges are not insurmountable. Cottonwood Investors showed a willingness to comply with city requirements and address concerns. Rejecting the proposal outright, rather than working collaboratively to refine it, seems inflexible. Walla Walla has a choice: embrace sustainable development and opportunities or risk stagnation. Approving the Cottonwood subdivision would have been a step toward meeting housing demands and increasing the city's tax base. The council’s decision represents a missed opportunity in the short-term and a potential roadblock to the growing community Walla Walla could be. It is important that city leaders consider such opportunities with a focus on the benefits for all residents.No. 22 St. John's, Georgia pack busy schedule with game on SundayMali issues arrest warrant for Barrick CEO

President-elect Donald Trump pledged to “save TikTok” during his campaign, but experts say keeping that promise could be complicated. On Friday, a federal appeals court decision further threatened the social media app’s future in the United States. The panel upheld a law that could lead to a nationwide ban if TikTok’s parent company ByteDance, which is based in China, refuses to sell its stake by Jan. 19. That deadline is just one day before Trump takes office. The law at the center of the case, now potentially headed to the Supreme Court, passed earlier this year with broad bipartisan support in Congress. Anupam Chander, a professor of law and technology at Georgetown University, said Trump can’t undo the law with an executive order, but he can pressure lawmakers to repeal it. "He can't reverse the law with a stroke of the pen, but he can undermine the law in a variety of ways,” Chander said. If a ban takes effect, the law would prohibit app stores from offering TikTok and internet hosting services from supporting it. Chander said that under Trump’s leadership, the Justice Department could limit enforcement or impact the legal battle. "All he can do is implore either the judges to side with him or to implore the various companies to not actually obey the law,” Chander said. TikTok argues the law violates First Amendment rights, while supporters believe the app's ties to China pose a threat to national security. "Every technology company in China under Chinese law has to do whatever the Chinese government tells them to do,” Sen. Marco Rubio, R-Florida, told reporters earlier this year. Rubio, who Trump recently nominated for Secretary of State, is one of several cabinet picks who were previously at the forefront of efforts to crack down on TikTok. Florida Republican Congressman Mike Waltz, who has been tapped for National Security Adviser, supported the legislation. South Dakota Gov. Kristi Noem, up for Homeland Security Secretary, banned TikTok from state-owned devices. “So you've got a team that now might try to change their boss' mind, or might have to then just do what the boss says,” Chander said. Trump previously supported a ban on TikTok during his first term but, more recently, he campaigned on rescuing the app. "For all of those who want to save TikTok in America, vote for Trump. The other side is closing it up, but I’m now a big star on TikTok,” Trump said in a social media video in September. Karoline Leavitt, a spokeswoman for the transition team, didn’t provide specific details about how Trump plans to intervene, but she said “he will deliver.” “The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail,” Leavitt furthered in a statement. It’s possible that Trump could try to negotiate a new deal with TikTok. The law allows for a three-month extension if a sale is in progress, but that could prove challenging. The companies have claimed divestiture is not possible. The Supreme Court could also put implementation on hold if the justices decide to take up the case.US President-elect Donald Trump on Monday praised Japan's SoftBank for its decision to invest $100 billion in the United States and create 100,000 new jobs, a big win for his incoming administration. "This historic investment is a monumental demonstration of confidence in America's future," Trump said during a press conference at his Mar-a-Lago residence in Florida, flanked by SoftBank chief executive Masayoshi Son. "It will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA," added Trump, who takes office from US President Joe Biden next month. Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy. "I am truly excited to make this happen," added Son, 67. Son's announcement is around double the amount he committed SoftBank to in December 2016, shortly before Trump began his first term as president. The Japanese investment holding company ultimately parted with around $100 billion through its Vision Fund, with much of the money supplied by sovereign wealth funds in Saudi Arabia and the United Arab Emirates. "President Trump is a double-down president," Son said on Monday, adding: "I'm going to have to double down." Son made his name with successful early investments in Chinese e-commerce titan Alibaba and internet pioneer Yahoo, but has also bet on catastrophic failures such as WeWork. He has repeatedly said that "artificial superintelligence" will arrive in a decade, bringing new inventions, new medicine, new knowledge and new ways to invest. The SoftBank Group posted a bumper second-quarter net profit last month, returning to the black after net losses in the first quarter and the previous financial year. The company indicated back in March that it had $26 billion ready to be deployed for new investments. Stephen Moore, an economic advisor to Donald Trump, said the announcement marked a "great day." "The importation of capital into the US is a huge leading indicator for jobs and prosperity to come," Moore, an economist at the conservative Heritage Foundation, told AFP in a message. On the campaign trail, Trump pledged to boost the US economy by cutting red tape and fast-tracking investments, including into the oil and gas sector. US financial markets surged following his victory on November 5, with the tech-rich Nasdaq Composite index and the broad-based S&P 500 both hitting fresh records. Despite the enthusiasm in the markets, some analysts have voiced concern that Trump's proposals to implement new tariffs on US imports and deport millions of undocumented workers could end up hurting growth, and causing a spike in inflation. "The increased likelihood of substantial new tariffs on US imports would have the most consequential effect on economic growth," economists at Wells Fargo wrote in a recent note to clients, adding they had "bumped up" their inflation outlook and slightly cut their GDP forecast following Trump's win. Other analysts say the impact of Trump's tariff plans will largely depend on how they are actually implemented. "The impact on inflation need not be particularly significant for monetary policy," economists at Goldman Sachs wrote in a recent investor note. But, they added "this could change if the White House imposes a 10 percent universal tariff," referring to one of Trump's proposals on the campaign trail. Speaking in Mar-a-Lago on Monday, Trump insisted that, "properly used," tariffs would be positive for the US economy. "Our country right now loses to everybody," he said. "Almost nobody do we have a surplus with." "Tariffs will make our country rich," he added. da-tu/nro