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Premier Danielle Smith to announce Alberta’s border security plan in response to tariff threat

12Dec

By Aditi PawarNo Comments

Politics

Premier Danielle Smith to announce Alberta’s border security plan in response to tariff threat

By Staff The Canadian Press Posted December 12, 2024 8:38 am Updated December 12, 2024 9:21 am 1 min read Descrease article font size Increase article font size Alberta Premier Danielle Smith is set to announce today steps the province plans to take to shore up security at the Canada-United States border. It comes after incoming U.S. president Donald Trump pledged to impose 25 per cent tariffs on all Canadian and Mexican imports on his first day back in office in January.Trump has said the tariffs would remain ...

SpaceX valuation surges to $350 billion as company buys back stock

12Dec

By Aditi PawarNo Comments

Business

SpaceX valuation surges to $350 billion as company buys back stock

SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company's Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024.Joe Skipper | ReutersThe valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.SpaceX, as well as investors, agreed to buy stock from insiders in a $1.25 billion purchase offer at $185 a share, according to copies of the offer obtained by CNBC. The round does not include raising new capital, as the purchase offer represents a secondary sale of existing shares.Notably, SpaceX is buying as much as $500 million in common stock as part of the offer, in a rare share buyback that demonstrates the strength of the privately held company's financial position....

South Korea’s ruling party backs impeachment as president refuses to step down over martial law

12Dec

By No Comments

World News

South Korea’s ruling party backs impeachment as president refuses to step down over martial law

By Gawon Bae, Jerome Taylor, Helen Regan and Lex Harvey, CNN A television screen shows South Korea's President Yoon Suk Yeol announcing the lifting of martial law, in Seoul, South Korea on December 4, 2024, hours after Yoon imposed it. Photo: YONHAP / AFP South Korea's ruling party has thrown its support behind attempts to impeach embattled President Yoon Suk Yeol over his ill-fated decision to declare martial law that sparked a political crisis and widespread public anger in the country. The announcement came moments before Yoon delivered a defiant speech Thursday (local time) in which he attempted to justify his hugely controversial martial law decision and rejected growing calls from across the political spectrum for him to stand down. The People Power Party (PPP) had initially re...

Canada Post, union resolve complaint over temporary layoffs – National

12Dec

By Aditi PawarNo Comments

Politics

Canada Post, union resolve complaint over temporary layoffs – National

By Staff The Canadian Press Posted December 12, 2024 7:36 am Updated December 12, 2024 7:39 am 1 min read Descrease article font size Increase article font size The union representing Canada Post workers says an unfair labour practice complaint over the company’s layoffs has been resolved. The Canadian Union of Postal Workers filed the complaint with the Canada Industrial Relations Board on Nov. 29 after hundreds of striking postal workers received temporary layoff notices while on strike.The union said in a st...

Targeting gut cells may open new way to reduce depression and anxiety

12Dec

By No Comments

Health

Targeting gut cells may open new way to reduce depression and anxiety

Developing antidepressant medications that target cells in the gut may open a novel path towards effective treatment of mood disorders like depression and anxiety, finds a study. Targeting gut cells may open new ways to reduce depression and anxiety. These gut-targeting medications may also lead to fewer cognitive, gastrointestinal, and behavioral side effects for patients and their children than current treatments. “Antidepressants like Prozac and Zoloft that raise serotonin levels are important first-line treatments and help many patients but can sometimes cause side effects that patients can’t tolerate,” said Mark Ansorge, Associate Professor of clinical neurobiology at Columbia University Vagelos. Ansorge noted that the study, published in the journal Gastroenterology, suggests tha...

Nike renews its contract with the NFL until 2038

12Dec

By Aditi PawarNo Comments

Business

Nike renews its contract with the NFL until 2038

Nike football shoes are seen in a store in Krakow, Poland, on Aug. 29, 2024.Jakub Porzycki | Nurphoto | Getty ImagesNike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies. Under the terms of the deal, Nike will continue to be the exclusive provider of uniforms and sideline, practice and base layer apparel for all 32 NFL teams through 2038. Nike has been the NFL's exclusive apparel provider since 2012. "This partnership renewal is a testament to the strength and success of our collaboration with the NFL," Nike's newly appointed CEO Elliott Hill said in a news release. "As we embark on this new chapter, we're committed to co-creating cutting-edge solutions t...

Meta donates $1.7 million to Trump’s inaugural fund

12Dec

By No Comments

World News

Meta donates $1.7 million to Trump’s inaugural fund

US President-elect Donald Trump, left, and Meta CEO Mark Zuckerberg. Photo: AFP Meta Platforms has donated US$1 million (NZ$1.7 million) to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters in an emailed response. The Wall Street Journal, which first reported the news, said the donation was a departure from past practice by CEO Mark Zuckerberg and Meta. Zuckerberg had declined to endorse either Donald Trump or Joe Biden for this year's election, in a media interview that took place before Biden stepped down as the Democratic nominee and was replaced by Kamala Harris. The billionaire CEO, however, had complimented Trump's reaction to the 13 July assassination attempt as "one of the most badass things I've ever seen in my life", among his recent attem...

Biden announces biggest single-day clemency before leaving office – National

12Dec

By Aditi PawarNo Comments

Politics

Biden announces biggest single-day clemency before leaving office – National

President Joe Biden is commuting the sentences of roughly 1,500 people who were released from prison and placed on home confinement during the coronavirus pandemic and is pardoning 39 Americans convicted of nonviolent crimes. It’s the largest single-day act of clemency in modern history. The commutations announced Thursday are for people who have served out home confinement sentences for at least one year after they were released. Prisons were uniquely bad for spreading the virus and some inmates were released in part to stop the spread. At one point, 1 in 5 prisoners had COVID-19, according to a tally kept by The Associated Press.Biden said he would be taking more steps in the weeks ahead and would continue to review clemency petitions. The second largest single-day act of clemency was by...

Kylie Minogue’s guide to London: Louie in Covent Garden, Chiltern Firehouse and Claridges

12Dec

By No Comments

Life Style

Kylie Minogue’s guide to London: Louie in Covent Garden, Chiltern Firehouse and Claridges

Currently it’s largely suitcase-based as I’ve been doing so much travel for work, but Melbourne, Australia, is home. I’ve just been in Tokyo and Seoul for work and next stop is New York. I’ll be spending the start of 2025 in Oz rehearsing for my Tension World Tour which kicks off in February in Australia.Where was your first flat in London?When I first started visiting London I stayed in Portobello. I migrated south-west for my first flat in Chelsea. My life there was based around King’s Road, World’s End, Kensington Market, Hyper Hyper etc. I absolutely loved my first flat. I often had one or two girlfriends living with me. Parties were had and mayhem would ensue. Where do you stay in London? I came across a photo of me and my grandma Nain having high tea at Claridge’s in the Nineties. I ...

Tesla stock hits record, boosted by 69% pop since Trump victory

12Dec

By Aditi PawarNo Comments

Business

Tesla stock hits record, boosted by 69% pop since Trump victory

U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024.Brandon Bell | Via ReutersTesla shares jumped to an all-time high on Wednesday, surpassing their prior record reached in 2021, sparked by a post-election rally and Wall Street's increased enthusiasm for Elon Musk's electric vehicle company.The stock rose to a closing high of $424.77, which is about $15 above its previous peak of $409.97 on Nov. 4, 2021.Tesla's market value has swelled by about 71% this year, with almost all of those gains coming since Donald Trump's election victory early last month. The stock's 38% rally in November marked its best monthly performance since January 2023 and its 10th best on record.Musk poured $277 ...