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H&R Block, Intuit stocks fall following Trump tax-filing app report

19Nov

By Aditi PawarNo Comments

Business

H&R Block, Intuit stocks fall following Trump tax-filing app report

Michael Nagle | Bloomberg | Getty ImagesThe stock prices for H&R Block and Intuit fell after a Tuesday report saying the Trump transition team is considering creating a free tax-filing app.Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the company's stock price fell nearly 7%. H&R Block was down 8% and on pace for its worst day since 2020.President-elect Donald Trump's "Department of Government Efficiency" has held "highly preliminary" discussions about creating the free tax-filing app, The Washington Post reported. DOGE will be led by billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy and aims to slash governmental spending.A DOGE tax-filing app would represent a competitor...

Mass rape victim Gisele Pelicot condemns cowardice of accused abusers

19Nov

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World News

Mass rape victim Gisele Pelicot condemns cowardice of accused abusers

By Marc Leras for Reuters Photo: CHRISTOPHE SIMON/AFP Gisele Pelicot decries "cowardice" of dozens of accused men Suspected abusers claim they were unaware of committing rape Husband admits drugging her, inviting others to rape her Pelicot demands change in way France views rape Warning: This story contains details of sexual violence Gisele Pelicot, subjected to mass rape organised by her husband over 10 years, on Tuesday condemned the cowardice of the dozens of men accused of abusing her who claim they didn't realise it was rape, adding France's patriarchal society must change. Dominique Pelicot, her husband, has admitted to drugging his wife, 71, and inviting strangers to their house to rape her while she was unconscious, in a trial that has attracted worldwide attention and tur...

These food stocks could benefit under RFK Jr’s push for healthy eating

19Nov

By Aditi PawarNo Comments

Business

These food stocks could benefit under RFK Jr’s push for healthy eating

The intended Department of Health and Human Services nominee Robert F. Kennedy Jr. could push through policies that will provide a tailwind for some food and beverage stocks, despite the pressure the sector has seen since news of his potential appointment. "A knock-on effect of RFK could be expansion of an already strong trend toward healthy eating," Wells Fargo equity analyst Edward Kelly wrote in a Monday note. "This could drive increased consumption of higher margin fresh, natural, and organic products." Kennedy is a vaccine skeptic and he opposes artificial ingredients. These stances have recently led to a pull back in biotechnology stocks , while food and beverage stocks also came under pressure in recent days due to President-elect Donald Trump's plans to nominate Kennedy to lead HHS...

Trump picks former congressman and Fox Business host Sean Duffy as next Transportation secretary

19Nov

By No Comments

World News

Trump picks former congressman and Fox Business host Sean Duffy as next Transportation secretary

By Kate Sullivan and Alexandra Skores, CNN Sean Duffy questions Federal Reserve Chairman Jerome Powell during his testimony in Washington, DC on July 18, 2018. Photo: Mary F. Calvert/Reuters via CNN Newsource President-elect Donald Trump announced Monday he has selected former congressman and recent Fox Business co-host Sean Duffy to serve as the next secretary of the Department of Transportation. Duffy served in the US House of Representatives from 2011 to 2019, representing Wisconsin's 7th Congressional District. He most recently was co-host of Fox Business' "The Bottom Line," after first joining Fox News as a contributor in 2020. Duffy's last day as a Fox News employee was Monday, a network spokesperson confirmed to CNN. Wednesday marked his last day appearing on Fox Business, and...

Tweed, Le Chameau and Schöffels — what Jeremy Clarkson and the farmers wore to protest in London

19Nov

By No Comments

Life Style

Tweed, Le Chameau and Schöffels — what Jeremy Clarkson and the farmers wore to protest in London

First off, Rachel Reeves — fix the bleeding budget. We don’t do everything well here, but our family farms are something to be proud of. Shall we not set the hounds on them?With that out the way, photographs have been streaming in from today’s massive farmers rally, where thousands have left their piglets home and gathered to protest Labour’s so-called “tractor tax”. And what a green-tweeded sight for sore urban eyes it was, as they congregated in the rain, sleet and snow (don’t feel too bad, they’re more than comfortable in adverse conditions) and chanted “no farmers, no food!”Jeremy ClarksonAaron Chown/PA WireWith the Schöffel’d troops fully assembled — complete with Jeremy Clarkson as a kind of pea-coated Napoleon Bonaparte — it is time to scrub up on the wardrobe rules of the livestock...

Bose buys McIntosh, storied maker of high-end luxury audio equipment

19Nov

By Aditi PawarNo Comments

Business

Bose buys McIntosh, storied maker of high-end luxury audio equipment

The BOSE display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska.David A. Grogan | CNBCBose Corp. will purchase the McIntosh Group, a deal that will give the Massachusetts-based company control of one of the most storied names in high-end audio.McIntosh will continue to manufacture the high-end audio equipment it is known for out of its longtime headquarters in Binghamton, New York, Bose CEO Lila Snyder said. The deal also includes Sonus Faber, a company that makes high-end speakers by hand in Italy.The purchase of the two audio workshops provides Bose access into the high-end luxury audio market, Snyder told CNBC in an interview. "There is this opportunity for luxury, where the consumer is more discerning, really interested in the heritage and the story, and that ...

Morgan Stanley sees 25% upside in new autonomous driving pure play

19Nov

By Aditi PawarNo Comments

Business

Morgan Stanley sees 25% upside in new autonomous driving pure play

Autonomous driving technology company WeRide has plenty of room to grow as a result of its early-mover advantage in the global self-driving market, according to Morgan Stanley, which brought the firm public in an IPO last month at $15.50 a share . Analyst Tim Hsiao initiated research coverage of Guangzhou, China-based WeRide with an overweight rating and a price target of $23, implying more than 25% upside for the stock versus Monday's close. WeRide rallied as much as 6% in early trading Tuesday to $19.43. WeRide offers several driverless vehicles such as robobuses, robotaxis and robovans, holds driverless permits in the U.S., China, the UAE and Singapore and is involved in trial and commercial activities in 30 cities. The company has partnered with Uber in the UAE, and Hsiao expects its r...

Trudeau offers words of support to embattled minister Randy Boissonnault – National

19Nov

By Aditi PawarNo Comments

Politics

Trudeau offers words of support to embattled minister Randy Boissonnault – National

Prime Minister Justin Trudeau on Tuesday expressed support for his embattled Employment Minister Randy Boissonnault on the sidelines of the G20 Summit in Brazil. Reporters at the summit pressed Trudeau to explain why he maintains confidence in Boissonnault in light of new fraud allegations made against Boissonnault’s former business partner and other accusations that Boissonnault misrepresented his family’s Indigenous ancestry.“Minister Boissonnault has addressed these and will continue to answer directly for those,” Trudeau told reporters.“In the meantime, I’m happy that he is continuing to lead on issues around jobs and employment and represent Alberta in our government.”Trudeau’s remarks in Rio de Janeiro come a day after Opposition Conservative Leader Pierre Poilievre suggested in the ...

Gisele Pelicot rape case: Victim accuses dozens of men alleged to have raped her of ‘cowardice’ | World News

19Nov

By Aditi PawarNo Comments

Business

Gisele Pelicot rape case: Victim accuses dozens of men alleged to have raped her of ‘cowardice’ | World News

The Frenchwoman whose husband is on trial for inviting 50 men to rape her over a period of 10 years has accused them of "cowardice" and said they should have reported him to the police.Gisele Pelicot, 71, has waived her right to anonymity and gave evidence for the third time in Avignon on Tuesday. Her husband Dominique Pelicot, 72, has already admitted drugging and raping her, and allowing some 50 others to abuse her while she was unconscious.Most of the other men deny rape, claiming they thought she was asleep as part of roleplay or they were forced to have sex with her by Mr Pelicot.On Tuesday, Ms Pelicot told the courtroom: "For me, this is the trial of cowardice, there is no other way to describe it." She went on: "It is time for society to look at this macho, patriarchal society and c...

Mumbai: Doctors save 69-year-old Vasaikar’s life with high-risk heart surgery

19Nov

By No Comments

Health

Mumbai: Doctors save 69-year-old Vasaikar’s life with high-risk heart surgery

Doctors at a Mumbai hospital gave a new lease of life to a Vasaikar recently after conducting a high-risk surgery. A team led by Dr Anup Taksande, consultant interventional cardiologist at Wockhardt Hospitals in Mira Road, carried out the pioneering Cardiac Intervention (CHIP) PCI to address complex heart blockages, saving the life of a 69-year-old lady to ensure she gains a new lease of life. Tracilla Alphonso, a resident of Vasai with comorbidities like hypertension experienced pain and discomfort in the chest and around her neck in mid-September. The Mumbaikar got her ECG done from a local hospital, and her ECG revealed Ischemic changes and urgent angiography was performed. An angiography revealed critical calcific left main narrowing and near total occlusion of the Right Coronary Arte...