Inside the Gaetz ethics report, a trove of new details alleging payments for sex and drug useBy LOLITA C. BALDOR WASHINGTON (AP) — Reported sexual assaults at the U.S. military service academies dropped in 2024 for the second year in a row, according to new Pentagon data, marking a sharp turnaround from an alarming surge two years ago that triggered sweeping reviews and an overhaul in leadership . The decline in reports was mirrored by a similar decrease in the total number of students who said in an anonymous survey that they experienced some type of unwanted sexual contact during the school year that ended in the spring. Defense officials, however, warned on Thursday that the numbers are still high, and there is still a lot of work to be done. According to the survey, which is done every other year, about 13% of female students said they experienced unwanted sexual contact in the 2024 school year, compared with more than 21% in 2022. For men, the rate decreased from 4.4% to 3.6%. The reported assaults reflect familiar trends. Most of the alleged offenders are also academy students and are often known to the victim. They often happen after duty hours or on weekends and holidays. Drinking has long been a consistent factor. Beth Foster, executive director of the Pentagon’s force resiliency office, called the new numbers encouraging. But she added, “the prevalence of sexual assault and harassment is still far too high. What this data tells us is that this is a difficult problem for all, but it is not an impossible problem to solve.” A vast majority of students — 88% — responded to the survey. Defense officials said they are still concerned that, based on the survey, an estimated 783 students experienced unwanted sexual contact but just a small percentage reported it. The U.S. military and defense leaders have pushed improvements in programs, leadership training and staffing to encourage more victims to report so they can receive help and perpetrators can be punished. Defense officials released preliminary data much earlier than usual this year, and said the full report will go out in February. They said the early release was done to provide better information to school leaders who are implementing changes. However, Defense Secretary Lloyd Austin will leave in January when President-elect Donald Trump takes office, and new leadership will take over the Pentagon. Trump and his pick to lead the Pentagon, Pete Hegseth , have vowed to eliminate “woke” policies fostering diversity and equity, and it’s not clear how any of that may impact sexual assault prevention efforts. Hegseth himself has been accused of sexual assault , which he denies, although he acknowledges making a settlement payment to the woman. Foster and others said Austin’s pressure on academy leaders to confront the problem led to a number of changes in how the schools foster better leaders and focus more stridently on sexual assault prevention. Related Articles National News | How to protect your communications through encryption National News | Companies tighten security after a health care CEO’s killing leads to a surge of threats National News | Unidentified drones spotted flying at locations across NYC, including LaGuardia Airport National News | About 2.6 million Stanley cups recalled after malfunctions caused burns. Is your mug included? National News | Woman who falsely accused Duke lacrosse players of rape in 2006 publicly admits she lied The total number of reported sexual assaults at the academies is divided in an often complex and confusing way. Academy and defense officials focus on the number of assaults reported by cadets and midshipmen during their school year. But students sometimes file reports after they leave the academies, describing incidents that happened when they were in school. The total is 106 for the 2024 school year, a sharp drop from 137 last year and 170 in 2022. The totals also decreased at each individual academy. Students at the U.S. Naval Academy reported 47 assaults, a slight dip from 49 the previous year. The other two saw significant decreases: Students at the Air Force Academy in Colorado reported 34, compared with 45 last year, and those at the U.S. Military Academy at West Point in New York reported 25, compared with 43. In addition, eight students reported assaults last year that happened to them before they became students. The military services and the academies have struggled for years to combat sexual assault and harassment, with myriad prevention, education and treatment programs. But despite reams of research, and expanded programs, the numbers have grown. A renewed emphasis on it in the past several years has led to improvements and staff increases, although service members still complain that the videos and other programs are often outdated and don’t resonate as well with young troops.LINCOLN — Young men, start your engines. Rev ‘em up, too. You’re the 2025 Nebraska football recruiting class — 20 strong — and probably should have been the story of NU’s Signing Day press conference. But you were at least the third story, and maybe fourth, behind the coaches who left, the ex-Huskers who hit the transfer portal and perhaps the players your school might take from the transfer portal. When you started high school, back in 2021, there was still some pageantry around this day, in late December though it may have been. Now, first week of December, you’re practically a doctor’s appointment squeezed into a Wednesday afternoon. You’re rookies in a sea of perpetual free agents. Most of you are enrolling early and that’s a good thing; the quicker you learn the playbook and hit the weight room, the better chance you’ll have to impress coaches. Coach Matt Rhule thinks you’ll succeed in that effort, as well. He likes you guys. For a couple of you, Dawson Merritt and Cortez Mills, he and his staff kept going back to the well again and again to flip you from Alabama and Oklahoma, respectively. How often does Nebraska beat those two schools for any recruit? This could be one of the strongest Husker recruiting classes in years. “We’ve got some guys who can come in and play early,” Rhule said, “because this class is going to have to come in and play early.” Hear that? He means it. Rhule has playing time to offer. For the 2025 team to win big, some of you have to step into major roles. On defense, so many seniors exhausted their eligibility, and so many other guys hit the transfer portal, that the coaches will be choosing between, say, sophomores, redshirt freshmen and, well, you. On offense, your coordinator is Dana Holgorsen, and he surely doesn’t care how old you are. At the skill spots, he’ll play whoever competes the best. Of course, he also said on NU’s in-house Signing Day special that he’s bringing “20 or 30” transfers in for visits and selecting the best from that pool. Maybe Holgo’s exaggerating. Do you want to test him? So you need to impress these guys. In an era of revenue sharing, NIL and unlimited transfers, you might get two spring camps to develop on a roster before you’re asked to be a key contributor. Three, maybe, if you’re a quarterback or a raw offensive tackle. After that, you’re a revenue-sharing dollar figure on a spreadsheet that might be replaced by another rookie — or transfer. Yeah, it is cutthroat. This isn’t 1986. Or even 2006, perhaps the golden age of the prep recruiting era, when the recruiting sites got big, the all-star games got max publicity, ESPN had a big blowout special in early February and drama practically dragged into the start of the next spring camp. It was hard to transfer back then even once, particularly if the coach wanted to block your release or you didn’t have a redshirt season to sit out one year of eligibility. In 2006, if seven guys left in December, before a bowl game, it was a mass exodus — cause for concern at the health of the program. In 2024, seven guys leaving is called “Monday and Tuesday.” And here you are in the midst of the chaos, not knowing for sure what the college football system will look like in 2025, much less 2027. You probably wouldn’t have teed it up this way. But here’s your swing. Over the next nine months, you’d be wise to make an impression. Good thing you can, Dawson Merritt. Nebraska needs a versatile edge rusher who can drop into coverage, and Princewill Umanmielen, athletic as he may be, did not quite develop into that guy before hitting the transfer portal. Ditto, Christian Jones. You looked the part at linebacker for years leading the state’s best defense, and Mikai Gbayor just hit the transfer portal. Can you step into a role quickly? Same for you, Jamarion Parker. At running back, you can turn an eight-yard run into an 80-yarder, and that’s a skill Nebraska sorely needs. Malcolm Simpson and Kade Pietrzak, you’ve seen this program is unafraid to plug a freshman defensive lineman into a game. Your frames seem sturdy enough to play. Cortez Mills and Isaiah Mozee, you’re four-star receivers who flashed electric run-after-the-catch skills in high school. Bring those to campus like Jacory Barney did, and you might play as much as Jacory Barney has. TJ Lateef, you’re a quarterback and may have to wait your turn behind Dylan Raiola, but you’ll likely be doing so as Raiola’s backup, given Rhule’s openness to moving Heinrich Haarberg to different spots. Some of you need time with the nutrition and weight staffs — 18-year-old tackles rarely walk into a program ready to block 23-year-olds — but those guys are the exception at every school. Most of you will play, or transfer, by this rule: When you’re getting compensated more than anyone 10 years ago could have imagined, the standards for keeping that salary rapidly change. You’re a recruiting class full of promise and opportunity. You’ll face a heap of the other thing, too, though. “There’s bunch of these guys we expect to play,” Rhule said. “You don’t want to put that on the guys until they get here, but I want them to have the expectation.” Even if you don’t, the coaches will. Get local news delivered to your inbox!
The best women’s snow pants for skiing, sledding and beyondPla2na SMCI stock: latest developments set up a swing trade My last piece on Super Micro Computer, Inc. ( NASDAQ: SMCI ) was published on November 3, 2024, shortly before the release of its 2024 FY Q4 earning report (“ER”). As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If you share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas. We have helped our members not only to beat S&P 500 but also avoid heavy drawdowns despite the extreme volatilities in BOTH the equity AND bond market. Join for a 100% Risk-Free trial and see if our proven method can help you too. Envision Research, aka Lucas Ma, has over 15+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management. He leads the investing group Envision Early Retirement along with Sensor Unlimited where they offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Global Adult Day Care Market To Reach $21.87 Billion By 2028 With A Growth Rate Of 6.6%BOSTON - A family visiting Boston left an irreplaceable VHS tape with precious memories in a rental car. They tried for weeks to get someone from the company to help them find it. Losing hope, they reached out to the I-Team's Call for Action for help. 1995 Division 1 State Championship game In 1995, the St. John's High School hockey team won the state's Division 1 Championship. Thomas Wallace was on the team and scored four goals in that game. Recently, his family was given a VHS videotape of the big win. Sherry Wallace says it is hard not to be emotional, since this was the only video the family has ever seen of the game. The video was special because Thomas died of brain cancer in 2015, leaving behind a five-year-old daughter and a three-year-old son. That son, also named Thomas is now 12 and plays hockey. Recently, his father's former teammates came to watch young Thomas skate at the same rink where St. John's won the championship. They gifted his mom the VHS tape of the game. Sherry says Thomas skates like his dad, looks exactly like him and has the same mannerisms. She knew he would cherish the video and planned to give it to him for Christmas. Videotape left in rental car in Boston The Wallace family lives in Georgia and got the gift of precious memories when they were visiting Boston last month. Wanting to make sure Thomas didn't see the tape, she hid it in the glove compartment of their Hertz rental car. Sherry says her biggest fear was somehow forgetting about it and leaving it behind. Sadly, the fear became a reality when Sherry says they dropped off the rental and flew home without it. Realizing she left it behind, Sherry says she tried calling and emailing Hertz to try to get it back. The family was just about to give up when they reached out to the I-Team's Call for Action. Within 24 hours after we contacted Hertz, employees found the car on a lot in New Jersey. Miraculously, the tape was still inside the glove compartment. In a statement Hertz said: "We are grateful to our Boston team for helping Ms. Wallace recover her cherished possession and are proud to have her as a valued Hertz customer. Memories are priceless, and we're honored to play a part in ensuring she can share this special moment of her late husband with her son this holiday season." Hertz sent the tape to Sherry via overnight mail, and she got it the next morning. "We were just blown away that you reached out to us and so fast and everything happened within a day. It was just unbelievable," Sherry said. "I just cannot thank you enough and my family can't thank you enough." Sherry is now looking forward to seeing the look on her son's face when he watches the tape Christmas morning. Hertz also gave the family loyalty points for a three-day car rental. Cheryl Fiandaca is the chief investigative reporter for the I-Team at WBZ-TV.A recent exit poll which was conducted by Way to Win and is a pro-Democratic electoral strategy group eventually revealed that the economic message of US President- elect Donald Trump actually resonated across demographic lines in key battleground states while giving him an advantage over US Vice President Kamala Harris , reported The Hill. According to The Hill, the poll which oversampled Black, Latino and Asian-American voters in significant states such as Arizona, Georgia and Pennsylvania actually indicated that concerns about the economy were a decisive factor for many US voters. The supporters of Donald Trump actually identified the economy and immigration as the primary reasons for their votes while Kamala Harris's supporters had varied responses that actually lacked clarity. A recent notable finding was that Donald Trump's portrayal of Kamala Harris actually influenced even some of her supporters while one voter described her as an ‘empty candidate’, asserted The Hill. Also Read : Costco Stock Rises Following Strong Friday Earnings Report The poll eventually highlighted some significant voting trends such as Republican Presidential candidate Donald Trump garnered nearly 56% votes of the non-college graduates while Democratic Presidential nominee Kamala Harris led among the college graduates, noted The Hill. Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Soft Skills Cross-Cultural Communication Mastery: Connect with Confidence By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Data Analysis Learn Power BI with Microsoft Fabric: Complete Course By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Collaborative AI Foundations: Working Smarter with Machines By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Legal Complete Guide to AI Governance and Compliance By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program The income levels also played an extremely crucial role with Kamala Harris performing better among the voters earning less than $50,000 annually. Furthermore, media consumption patterns also differentiated voter preferences as Donald Trump attracted 77% of podcast listeners whereas on the other hand, Kamala Harris dominated among newspaper readers and TikTok users. Also Read : Is Taylor Swift's boyfriend Travis Kelce planning to retire from the NFL? He has dropped a subtle hint about it FAQs: What did a recent exit poll by a pro-Democratic electoral strategy group reveal? A recent exit poll which was conducted by Way to Win and is a pro-Democratic electoral strategy group eventually revealed that the economic message of US President- elect Donald Trump actually resonated across demographic lines in key battleground states while giving him an advantage over US Vice President Kamala Harris. What were the primary reasons to vote for Donald Trump in the US Presidential elections? The supporters of Donald Trump actually identified the economy and immigration as the primary reasons for their votes while Kamala Harris's supporters had varied responses that actually lacked clarity. (You can now subscribe to our Economic Times WhatsApp channel )
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Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a robotaxi service. Now GM is turning off the spigot. On a call with investors today, General Motors CEO Mary Barra said the company would no longer invest in Cruise and its robotaxi services. Instead, GM says it will combine Cruise’s efforts on autonomy with its own teams focused on driver-assistance features. Eventually, the combined team will build “personal” autonomous vehicles, the chief executive said. “Given the considerable time and expense required to scale a robotaxi business in an increasingly competitive market, combining forces would be more efficient and therefore consistent with our capital allocation priorities,” Barra said on the call. In a statement emailed to WIRED, Cruise CEO Marc Whitten said the company and its board are “collaborating closely with GM on next steps.” Cruise had an uncertain few months. Last fall, the company was operating robotaxi services in San Francisco, Phoenix, and Austin, Texas, and preparing to launch in more cities. Then, in October 2023, a Cruise vehicle hit a San Francisco pedestrian who had been thrown by a human-driven vehicle in a hit-and-run. Weeks later, it emerged that Cruise employees hadn’t divulged to regulators that the company’s vehicle had dragged the pedestrian more than 20 feet, seriously injuring them. California officials pulled the company’s permit to operate its autonomous cars in the state, and Cruise halted operations throughout the country. Cruise never quite recovered from the incident, which critics said pointed to a flawed approach to safety. The robotaxi company has paid millions in fines related to the incident to federal and state authorities. Nine top executives and company founder and CEO Kyle Vogt left, and eventually GM laid off nearly a quarter of Cruise’s employees . Cruise began limited testing in a handful of cities this summer but never again returned to offering Uber-like service. Barra told analysts Tuesday that GM found that deploying and maintaining a robotaxi fleet is both too expensive and too far away from the manufacturer's core business of building and selling cars. “In case it was unclear before, it is clear now: GM are a bunch of dummies,” Vogt posted on X Tuesday afternoon. What Comes Next Cruise technology will now be used to refine the company’s Super Cruise tech, which is designed to perform some “hands-free” driving tasks—lane keeping, lane changing, and emergency braking—on specific highways. Drivers are warned to always stay alert while using Super Cruise, which cannot drive “autonomously.” Eventually, GM intends to sell “level 4” vehicles to car buyers, which can drive completely autonomously on some but not all roads. “We know people everywhere love to drive their own vehicles, but not in every situation,” Barra told analysts. General Motors owns 90 percent of Cruise and says it has reached an agreement with other shareholders to own more than 97 percent of the firm. GM will "restructure and refocus” Cruise as part of the effort, but Barra could not say whether the new arrangement would lead to layoffs.
Woman charged with threatening paramedics in SydneyBy CLAIRE RUSH President-elect Donald Trump has once again suggested he wants to revert the name of North America’s tallest mountain — Alaska’s Denali — to Mount McKinley, wading into a sensitive and decades-old conflict about what the peak should be called. Related Articles National Politics | Inside the Gaetz ethics report, a trove of new details alleging payments for sex and drug use National Politics | An analyst looks ahead to how the US economy might fare under Trump National Politics | Trump again calls to buy Greenland after eyeing Canada and the Panama Canal National Politics | House Ethics Committee accuses Gaetz of ‘regularly’ paying for sex, including with 17-year-old girl National Politics | Trump wants mass deportations. For the agents removing immigrants, it’s a painstaking process Former President Barack Obama changed the official name to Denali in 2015 to reflect the traditions of Alaska Natives as well as the preference of many Alaska residents. The federal government in recent years has endeavored to change place-names considered disrespectful to Native people. “Denali” is an Athabascan word meaning “the high one” or “the great one.” A prospector in 1896 dubbed the peak “Mount McKinley” after President William McKinley, who had never been to Alaska. That name was formally recognized by the U.S. government until Obama changed it over opposition from lawmakers in McKinley’s home state of Ohio. Trump suggested in 2016 that he might undo Obama’s action, but he dropped that notion after Alaska’s senators objected. He raised it again during a rally in Phoenix on Sunday. “McKinley was a very good, maybe a great president,” Trump said Sunday. “They took his name off Mount McKinley, right? That’s what they do to people.” Once again, Trump’s suggestion drew quick opposition within Alaska. “Uh. Nope. It’s Denali,” Democratic state Sen. Scott Kawasaki posted on the social platform X Sunday night. Republican Sen. Lisa Murkowski , who for years pushed for legislation to change the name to Denali, conveyed a similar sentiment in a post of her own. “There is only one name worthy of North America’s tallest mountain: Denali — the Great One,” Murkowski wrote on X. Various tribes of Athabascan people have lived in the shadow of the 20,310-foot (6,190-meter) mountain for thousands of years. McKinley, a Republican native of Ohio who served as the 25th president, was assassinated early in his second term in 1901 in Buffalo, New York. Alaska and Ohio have been at odds over the name since at least the 1970s. Alaska had a standing request to change the name since 1975, when the legislature passed a resolution and then-Gov. Jay Hammond appealed to the federal government. Known for its majestic views, the mountain is dotted with glaciers and covered at the top with snow year-round, with powerful winds that make it difficult for the adventurous few who seek to climb it. Rush reported from Portland, Oregon.
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Wall Street stocks surged to fresh records Wednesday on hopes about easing US monetary policy, shrugging off political upheaval in South Korea and France. All three major US indices scored records, with the Dow Jones Industrial Average finishing above 45,000 for the first time. "The market at this point is looking for excuses to go up, and there's not really anything that might work against that narrative," said Steve Sosnick of Interactive Brokers. "Over the last couple of days, it's managed to ignore all sorts of inconvenient things and decided that the situation in France doesn't matter for them," Sosnick said of the stock market. "The situation in Korea doesn't matter." South Korea's stock market fell less than feared and the won rebounded from earlier losses after President Yoon Suk Yeol swiftly reversed a decision to impose martial law. In Europe, Paris stocks managed to advance as France's government faced looming no-confidence votes. Late Wednesday in Paris, French lawmakers voted to oust the government of Prime Minister Michel Barnier after just three months in office, pushing the country further into political uncertainty. For the first time in over sixty years, the National Assembly lower house toppled the incumbent government, approving a no-confidence motion that had been proposed by the hard left but which crucially was backed by the far-right headed by Marine Le Pen. "Political turmoil in both France and South Korea provide a uncertain backdrop for global markets, with the likely removal of both Barnier and Yoon bringing the potential for both countries to find a fresh direction," said Joshua Mahony, chief market analyst at Scope Markets. Thomas Mathews, head of Asia-Pacific markets at Capital Economics, said the losses in Seoul could have been "much worse" had the president not aborted his plan. "Rarely does a combined sell-off in a country's stocks, bonds and currency feel like a relief rally," he said. Oil prices turned lower after surging around 2.5 percent Tuesday, mainly after the United States sanctioned 35 companies and ships it accused of involvement with Iran's "shadow fleet" illicitly selling Iranian oil to foreign markets. Major producers at the OPEC+ grouping led by Saudi Arabia and Russia were set to meet Thursday to discuss extending output limits. Back in New York, major indices were led by the Nasdaq, which piled on 1.3 percent to finish at a third straight record. Wednesday's gains came after payroll firm ADP said US private-sector hiring in November came in at a lower-than-expected 146,000 jobs, while a survey from the Institute for Supply Management showed weaker sentiment than expected in the services sector. But the lackluster data boosts expectations that the Federal Reserve will cut interest rates later this month. At a New York conference, Federal Reserve Chair Jerome Powell refrained from tipping his hand, but he "didn't say anything that would scare the market," said Briefing.com analyst Patrick O'Hare. O'Hare noted that Wednesday's gains were led by large tech names such as Nvidia and Microsoft, which are major AI players. The boost followed strong results from Salesforce, which was the biggest gainer in the Dow with an 11 percent jump. New York - Dow: UP 0.7 percent at 45,014.04 (close) New York - S&P 500: UP 0.6 percent at 6,086.49 (close) New York - Nasdaq Composite: UP 1.3 percent at 19,735.12 (close) London - FTSE 100: DOWN 0.3 percent at 8,335.81 (close) Paris - CAC 40: UP 0.7 percent at 7,303.28 (close) Frankfurt - DAX: UP 1.1 percent at 20,232.14 (close) Seoul - Kospi Index: DOWN 1.4 percent at 2,464.00 (close) Tokyo - Nikkei 225: UP 0.1 percent at 39,276.39 (close) Hong Kong - Hang Seng Index: FLAT at 19,742.46 (close) Shanghai - Composite: DOWN 0.4 percent at 3,364.65 (close) Euro/dollar: UP at $1.0510 from $1.0509 on Tuesday Pound/dollar: UP at $1.2702 from $1.2673 Dollar/yen: UP at 150.56 yen from 149.60 yen Euro/pound: DOWN at 82.71 from 82.92 pence Brent North Sea Crude: DOWN 1.8 percent at $72.31 per barrel West Texas Intermediate: DOWN 2.0 percent at $68.54 per barrel burs-jmb/jgcThe first commercial batch of made-in-Canada low-carbon aviation fuel sourced from non-food grade canola and tallow has been produced and quickly purchased. Fuel retailer Parkland Corp. said Tuesday it has successfully produced about 100,000 litres of the fuel at its refinery in Burnaby, B.C. “using existing infrastructure.” Parkland senior vice-president Ferio Pugliese said it means production can easily be scaled up, but only if Canada provides the necessary conditions to create an ecosystem around the nascent commodity and its adoption across the country. “We need to do more to make low-carbon air travel a reality,” Pugliese said during the announcement in Vancouver on Tuesday. “We need a long-term Canadian solution for low-carbon, sustainable aviation fuel.” While the potential for emission reduction is massive with production in Canada is also significantly more expensive, Pugliese said. He notes that similar low-carbon fuels used in vehicles, buses and ferries have about one-eighth of the carbon content when compared to traditional fuels. Pugliese said other countries such as the United States incentivize production and use of low-carbon jet fuel, creating the necessary ecosystem to support a local industry. “Currently, the Canadian aviation industry purchases low-carbon aviation (fuel) from other countries and imports it from across the globe into Canada. That makes little sense.” Parkland began trying to develop the fuel in 2017, and the entire batch of the first production run has already been bought by Air Canada. Pugliese said the purchase of the fuel by Air Canada completes a value chain within the country that shows local development, production, sale and use of low-carbon jet fuel can be achieved to the benefit of everyone — but only if the support from government is there. “Airlines need very practical solutions, and today, right here in B.C., Parkland has created a made-in-Canada solution to a global challenge,” he said. The comments echoed that of WestJet CEO Alexis von Hoensbroech, who in 2023 said the global push for decarbonizing commercial aviation by 2050 will cause spikes in airfares unless governments intervene. Part of the challenge, von Hoensbroech said, is that alternative energy sources such as electric or hydrogen aircraft remains a long way from reality, making the sector difficult to decarbonize. In February, a pair of industry groups, including the National Airlines Council of Canada, said the country needed incentives matching that of the United States to spark production of sustainable aviation fuels. Commercial aviation giant Airbus has said that low-carbon jet fuel can reduce carbon-dioxide emissions by about 80 per cent, and development is ongoing for planes to be able to run completely on it instead of needing to mix it with conventional fuels. But Airbus also said the ecosystem for the fuel is still “in its infancy,” with just 600 million litres produced last year, making up 0.2 per cent of all aviation fuel for 2023. “Appropriate regulatory mechanisms and inventive structures still need to be put in place, and even then, there are challenges associated with the limited availability of land and biowaste,” Airbus said of the technology on its website. Airbus has said it is increasing its own use of low-carbon fuels with a goal of reaching 30 per cent of its total fuel mix by 2030.