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Trudeau expected to lay out major immigration changes – National

24Oct

By Aditi PawarNo Comments

Politics

Trudeau expected to lay out major immigration changes – National

Prime Minister Justin Trudeau and Immigration Minister Marc Miller are set to make an announcement Thursday regarding changes to Canada’s immigration system. Three sources have told Global News those changes will be major, with one saying there will be a reduction in the number of permanent residents admitted to Canada on an annual basis in future years and changes to temporary immigration streams.Speaking in the House of Commons on Wednesday, Trudeau hinted at Canada changing its approach to immigration.“We continue to be a country that understands that immigration is a source of opportunity and growth and richness for this country. One of the other great advantages we have is we have an immigration system that is able to adjust to different realities,” Trudeau had said.Trudeau said Canad...

American Airlines (AAL) 3Q 2024 earnings

24Oct

By Aditi PawarNo Comments

Business

American Airlines (AAL) 3Q 2024 earnings

American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.The carrier said it expects to earn between 25 cents and 50 cents a share on an adjusted basis for the fourth quarter, above the 29 cents analysts polled by LSEG expected. For the full year, the airline expects to earn as much as an adjusted $1.60 a share, ahead of an earlier American forecast for no more than $1.30 a share.American in May fired its chief commercial officer after a sales strategy that aimed to drive direct bookings backfired and quickly reverted much of its sales model."We have taken aggressive action to reset our sales and distribution strategy and reengage the business travel community, which ...

Consumers choose favorite retailer Nike Kohls

24Oct

By Aditi PawarNo Comments

Business

Consumers choose favorite retailer Nike Kohls

An exterior view of the Kohl's store at the Paxton Town Centre near Harrisburg. A customer walks with a Nike shopping bag.Paul Weaver | SOPA Images | Emily Elconin | Bloomberg | Getty ImagesNike and Kohl's may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday. The Consumer Sentiment Index from consulting firm AlixPartners asked 9,000 fashion shoppers from Gen Z to boomers about the factors that drive their purchasing decisions and how retailers stack up against their competitors. Nike was ranked the No. 1 active footwear retailer among all four generational cohorts polled for the survey: Gen Z, millennials, Gen X and boomers. The legacy sneaker giant beat out Adidas a...

Harris calls Trump a ‘fascist,’ says he ‘admires dictators’ – National

24Oct

By Aditi PawarNo Comments

Politics

Harris calls Trump a ‘fascist,’ says he ‘admires dictators’ – National

Vice President Kamala Harris said Wednesday that she believes that Donald Trump “is a fascist” after his longest-serving chief of staff said the former president praised Adolf Hitler while in office and put personal loyalty above the Constitution. Harris seized on comments by former chief of staff John Kelly, a retired Marine Corps general, about his former boss in interviews with The New York Times and The Atlantic published Tuesday warning that the Republican nominee meets the definition of a fascist and that while in office he suggested that the Nazi leader “did some good things.”Speaking at a CNN town hall, Harris said they offer a window into who the former president “really is” and the kind of commander in chief he would be.When asked if she believed that Trump is a fascist, Harris r...

Comment: ‘Thank God the government is finally banning vapes — it’s the only way I’ll quit’

24Oct

By No Comments

Life Style

Comment: ‘Thank God the government is finally banning vapes — it’s the only way I’ll quit’

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5 things to know before the stock market opens Thursday, October 24

24Oct

By Aditi PawarNo Comments

Business

5 things to know before the stock market opens Thursday, October 24

Here are five key things investors need to know to start the trading day:1. S&P losing streak2. EV gainsNew Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty ImagesCall it the Tesla 20%. That was CEO Elon Musk's projection for vehicle sales growth next year, boosted by "lower cost vehicles" and the "advent of autonomy." That growth forecast outpaced Wall Street's expectations of 15% growth in deliveries next year to 2.04 million, according to FactSet. Musk's comments came after the U.S. EV leader handily beat profit expectations for the third quarter, despite coming in just shy of revenue estimates, according to LSEG. Shares of Tesla gained more than 10% in extended trading.3. Strike ext...

Breast cancer in men: Stigma delaying timely diagnoses and treatment

24Oct

By No Comments

Health

Breast cancer in men: Stigma delaying timely diagnoses and treatment

While breast cancer is often perceived as a women`s disease, men also suffer from the deadly disease. However, stigma delays their diagnosis and treatment, potentially worsening outcomes, said experts on Wednesday. October is marked as Breast Cancer awareness month. According to the World Health Organization (WHO), approximately 0.5–1 per cent of breast cancers occur in men. While this percentage may seem small, it translates to thousands of men worldwide facing this diagnosis each year. “Despite its rarity, breast cancer in men is often diagnosed later than in women. Many men are unaware that they can develop breast cancer, leading to delayed detection. However, early detection significantly improves survival rates,” Dr. Ramesh Sarin, Senior Consultant, Surgical Oncology, Apollo Cancer...

24Oct

By Aditi PawarNo Comments

Business

IBM earnings Q3 2024

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street's revenue expectations for the third quarter.Here's how the company did in comparison with LSEG's consensus:Earnings per share: $2.30 adjusted vs. $2.23 expectedRevenue: $14.97 billion vs. $15.07 billion expectedIBM's overall revenue increased 1.5% year over year, according to a statement. It had a net loss of $330 million, or 36 cents per share, compared with net income of $1.70 billion, or $1.84 per share, in the year-ago quarter. IBM swung to a loss after a one-time pension settlement charge tied to an agreement w...

Want to cash in on the boom in robots? Analyst names 3 stocks to play

24Oct

By Aditi PawarNo Comments

Business

Want to cash in on the boom in robots? Analyst names 3 stocks to play

Robots — or automated devices that can execute tasks without human intervention — are witnessing a "new inflection point" and several global stocks are leading in a corner of the ecosystem, according to research firm Bernstein. These stocks are captured under the arc welding segment or "one of the largest robotic applications," the investment banks' analysts wrote in an Oct. 23 research note. They also noted that such robots account for around 10% to 20% of annual robot shipments. Arc welding involves the fusion of metal pieces with heat generated by an electric arc. This method is utilized in a range of industries including construction, shipbuilding, automotive parts manufacturing, aerospace and railways, Bernstein detailed. "To date, traditional pre-programmed arc welding robots have be...

Israel says it killed three Hezbollah commanders, some 70 fighters in 48 hours

24Oct

By No Comments

World News

Israel says it killed three Hezbollah commanders, some 70 fighters in 48 hours

By Humeyra Pamuk, Maayan Lubell and Nidal al-Mughrabi, Reuters Rescuers search for survivors under the rubble a day after an Israeli airstrike in Beirut's southern suburb of Jnah on October 22, 2024, amid the ongoing war between Israel and Hezbollah. Photo: IBRAHIM AMRO / AFP Israel's military says it has killed three Hezbollah commanders and some 70 fighters in southern Lebanon in the past 48 hours, a day after confirming it had killed Hashem Safieddine, the militant group's heir apparent leader. "In southern Lebanon, IDF troops continue conducting limited, localised, targeted raids against Hezbollah terrorist infrastructure and operatives," the Israel Defense Force (IDF) said in a statement. "Over the past day, the troops eliminated approximately 70 terrorists in ground and aerial ...