Monday, December 22

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Fewer low-altitude clouds may explain ‘missing’ 0.2C of warming from Earth’s hottest year: study
World News

Fewer low-altitude clouds may explain ‘missing’ 0.2C of warming from Earth’s hottest year: study

By Peter de Kruijff, ABC environment reporter All clouds have some level of cooling effect on the planet. Photo: Bruce Rolff A drop in the number of low-altitude clouds was behind unexplained warming that contributed to the world's hottest year on record, a new study suggests. The record-breaking heat of 2023, which saw the planet warm an average 1.45 degrees Celsius over pre-industrial surface temperatures, took many climate scientists by surprise. Their closest predictions, which simulated the effects of human-created warming and other known drivers, were around 0.2C lower than observed temperatures. Experts could not fully explain the extra heat source at the time. Now research published in Science today suggests the missing warming mechanism from the prediction models was a low i...
Does the market want a strong or weak jobs report? Traders aren’t sure
Business

Does the market want a strong or weak jobs report? Traders aren’t sure

When it comes to the jobs report Friday, investors can't seem to make up their mind what they want. The November nonfarm payrolls report is one of the last major economic data points before the Federal Reserve holds its Dec. 17-18 meeting, at which the central bank is widely expected to squeeze in one more rate cut before the end of the year. But whether a weak or strong number come Friday will be better for the interest rate outlook, and for markets, is unclear, with observers on both sides of the argument. The U.S. economy is expected to have added 214,000 jobs last month, according to the consensus among economists polled by Dow Jones. .SPX YTD mountain S & P 500 John Flood, head of Americas equities sales trading for Goldman Sachs Global Banking & Markets, said Tuesday he expec...
New evidence and images provide clues in hunt for gunman responsible for killing UnitedHealthcare CEO
World News

New evidence and images provide clues in hunt for gunman responsible for killing UnitedHealthcare CEO

NYPD release photos of suspected gunman without mask Photo: NYPD By Karina Tsui, John Miller and Brynn Gingras of CNN Words written on ammunition. A smiling surveillance photo. A discarded water bottle. A dropped cell phone. These are among the key pieces of evidence providing clues for police more than 24 hours into a hunt for the man who gunned down a healthcare executive Wednesday before seemingly disappearing into the city. UnitedHealthcare CEO Brian Thompson was killed on a busy Midtown Manhattan street in a targeted early morning attack. A shell casing from one of the bullets fired into his body had the word "depose" written on it. "Delay" was written on a live round that was ejected when the shooter appeared to be clearing a jam. Police are exploring whether the words found indic...
Patrick Brown says foreign interference did not affect Tory leadership race outcome
Politics

Patrick Brown says foreign interference did not affect Tory leadership race outcome

By Kyle Duggan The Canadian Press Posted December 5, 2024 6:14 pm 1 min read Descrease article font size Increase article font size Brampton Mayor Patrick Brown said foreign interference did not tip the scales in the Conservative party’s last leadership race that installed Pierre Poilievre at the helm. Brown, who was a candidate for the leadership at the time, was summoned to a House of Commons committee to answer questions on the 2022 race after a report from a committee on national security cited Indian interference in an unspecified Conservative leadership campaign.“I don’t believe foreign intervention affected the final out...
Ulta Beauty (ULTA) earnings Q3 2024
Business

Ulta Beauty (ULTA) earnings Q3 2024

Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared with its previous guidance for $11 billion to $11.2 billion.It said it now expects full-year earnings per year to range from $23.20 to $23.75, up from $22.60 to $23.50. For the full year, the comparable sales forecast ranges from a decline of 1% to flat. The comparable sales metric tracks sales at Ulta stores open at least 14 months along with online sales,Despite the raised outlook, the company expects holiday-quarter comparable ...
France’s Macron vows to stay on, promises PM to be named in ‘coming days’
World News

France’s Macron vows to stay on, promises PM to be named in ‘coming days’

By Francesco Fontemaggi, Stuart Williams and Alice Hackman for AFP Emmanuel Macron has adopted a defiant tone in an address to the nation, promising to see out his full term as France's president. Photo: Xose Bouzas / Hans Lucas via AFP President Emmanuel Macron on Thursday vowed to name a new prime minister in the coming days to prevent France from sliding deeper into political turmoil, rejecting growing pressure from the opposition to resign. Macron adopted a defiant tone in an address to the nation, seeking to limit an escalating political crisis after Prime Minister Michel Barnier's government was ousted in a historic no-confidence vote. Contemporary France's shortest-serving premier, Barnier resigned after Wednesday's parliamentary defeat in a standoff over the budget forced his...
Feds say these banned firearms are for battlefields, and may go to Ukraine – National
Politics

Feds say these banned firearms are for battlefields, and may go to Ukraine – National

By Jim Bronskill The Canadian Press Posted December 5, 2024 4:55 pm Updated December 5, 2024 4:56 pm 1 min read Descrease article font size Increase article font size The Liberal government has outlawed another 324 firearm varieties — guns it says belong on the battlefield, not in the hands of hunters or sport shooters. The move follows the May 2020 ban of 1,500 makes and models of firearms, a number that grew to more than 2,000 by November of this year as new variants were identified.The latest prohibition of ...
Israel rejects Amnesty genocide claim as ‘no surprise’ and ‘fake news’ | World News
Business

Israel rejects Amnesty genocide claim as ‘no surprise’ and ‘fake news’ | World News

Israel has dismissed allegations it is committing genocide in Gaza, saying the claims from Amnesty International are "no surprise".Government spokesman David Mencer called it "fake news" and told Sky's Mark Austin the human rights group's "raison d'etre is to criticise Israel - they do that at every opportunity and this is sadly just another example". Amnesty accused Israel of trying to deliberately destroy Palestinians by launching deadly attacks, demolishing infrastructure and preventing food, medicine and aid deliveries.It said such actions met the legal threshold for genocide and was not justified as a response to last year's Hamas terror attack - which killed around 1,200 Israelis and saw about 250 taken hostage. X This content i...
Bitcoin storms above US$100,000 as Trump 2.0 fuels crypto euphoria
World News

Bitcoin storms above US$100,000 as Trump 2.0 fuels crypto euphoria

Photo: 123rf Bitcoin has more than doubled this year Trump on Wednesday picked pro-crypto Paul Atkins to lead SEC Elon Musk, a major Trump ally, supports cryptocurrencies Crypto-related stocks have surged Bitcoin catapulted above US$100,000 (NZ$170,000) for the first time on Thursday (US time), a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly US administration to cement the place of cryptocurrencies in financial markets. Once it broke US$100,000 in Thursday's Asian morning, boosted by US President-elect Trump's nomination of pro-crypto Paul Atkins to run the Securities and Exchange Commission, it was soon at an all-time high of US$103,619 (NZ$176,000). It last fetched US$101,139 ($NZ172,000), up about 3.2 percent on the day. T...
Ford appears on Fox News joking Trump tariff threat is retribution for War of 1812
Politics

Ford appears on Fox News joking Trump tariff threat is retribution for War of 1812

During an appearance on Fox News, Ontario Premier Doug Ford joked that president-elect Donald Trump’s tariff threats were belated retribution for the War of 1812 as the province continued a coordinated attempt to appeal to the American public. On Wednesday afternoon, Ford appeared in an interview with Fox News host Neil Cavuto to promote Ontario’s relations with the United States and position the province as a key trading partner.The interview was the latest in a string of appearances — including on BBC and a CNN show — the premier has taken part in.The Fox News sit-down took place after Prime Minister Justin Trudeau went to visit Trump at Mar-a-Lago, where the president-elect reportedly joked Canada should become the 51st state.“The president has a good sense of humour — and it’s a funny ...