AP News Summary at 4:50 p.m. EST
Artificial Intelligence Technology Solutions Inc. ( OTCMKTS:AITX – Get Free Report ) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,541,500 shares, an increase of 122.4% from the November 30th total of 693,000 shares. Based on an average daily trading volume, of 168,234,500 shares, the days-to-cover ratio is presently 0.0 days. Artificial Intelligence Technology Solutions Price Performance Shares of AITX stock opened at $0.00 on Friday. Artificial Intelligence Technology Solutions has a 12 month low of $0.00 and a 12 month high of $0.01. Artificial Intelligence Technology Solutions Company Profile ( Get Free Report ) See Also Receive News & Ratings for Artificial Intelligence Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Artificial Intelligence Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter .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 about what the peak should be called. Former President Barack Obama changed the official name to Denali in 2015 to reflect the as well as the preference of many Alaska residents. The federal government in recent years has endeavored 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. , 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.
Ceasefire, release of hostages agreed in Kurram: Barrister Saif
Two new cannabis dispensaries have received state licenses to open in Carroll County, though it's not clear yet where they will be located.
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") is clarifying the float-adjusted liquidity ratio (FALR) eligibility criteria used in the S&P U.S. Indices and Dow Jones U.S. Total Stock Market Indices Methodologies. No constituent changes for any U.S. companies currently in the S&P Composite 1500 indices or Dow Jones U.S. Total Stock Market indices will occur, as this simply clarifies and provides more transparency to the existing FALR rule. Current Updated A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and U.S. consolidated volume (excluding dark pools), annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and all publicly reported U.S. consolidated volume (excluding dark pools) , annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. The below excerpt is the full U.S. Liquidity criteria language, including the clarification: Liquidity. A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and all publicly reported U.S. consolidated volume, annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. This is reduced to the available trading period for IPOs, spin-offs or public companies considered to be U.S. domiciled for index purposes that do not have 365 calendar days of trading history on a U.S. exchange. In these cases, the dollar value traded available as of the evaluation date is annualized. Eligibility differs depending on the index: IMPACTED INDICES Index Name Index Codes S&P Composite 1500 Index 1500 S&P 500 500 S&P 400 400 S&P 600 600 Dow Jones U.S. Total Stock Market Index DWCF IMPLEMENTATION TIMING The clarification is effective today, Monday, December 9, 2024 . Please note that the S&P U.S. Indices Methodology and Dow Jones U.S. Total Stock Market Indices Methodology on S&P DJI's website are updated with the clarified language. For more information about S&P Dow Jones Indices, please visit www.spglobal.com/spdji . ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji . FOR MORE INFORMATION: S&P Dow Jones Indices index_services@spglobal.com Media Inquiries spdji.comms@spglobal.com View original content: https://www.prnewswire.com/news-releases/sp-dow-jones-indices-float-adjusted-liquidity-ratio-clarification-for-certain-us-indices-302326759.html SOURCE S&P Dow Jones Indices
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US lawmakers concluded a two-year investigation Monday into the Covid-19 outbreak that killed 1.1 million Americans -- backing the theory that the virus likely leaked from a Chinese laboratory. A 520-page report from the Republican-controlled House Select Subcommittee on the Coronavirus Pandemic looked at the federal and state-level response, as well as the pandemic's origins and vaccination efforts. "This work will help the United States, and the world, predict the next pandemic, prepare for the next pandemic, protect ourselves from the next pandemic, and hopefully prevent the next pandemic," panel chairman Brad Wenstrup said in a letter to Congress. US federal agencies, the World Health Organization and scientists across the planet have arrived at different conclusions about the most likely origin of Covid-19, and no consensus has emerged. Most believe it to have spread from animals in China, but a US intelligence analysis said last year that the virus may have been genetically engineered and escaped from a virology lab in the Chinese city of Wuhan, where human cases first emerged. The congressional panel was persuaded by the lab leak theory after meeting 25 times, conducting more than 30 transcribed interviews and reviewing more than one million pages of documents. The investigation included two days of interviews behind closed doors with Anthony Fauci, the government scientist who became the nation's most trusted expert in the chaotic early days of the 2020 outbreak. Fauci's clashes with former and incoming president Donald Trump over the response sparked fury on the right, and he now lives with security protection following death threats against his family. Republicans accuse the 83-year-old immunologist of helping to set off the worst pandemic in a century by approving funding passed on to Chinese scientists they accuse of manufacturing the SARS-CoV-2 coronavirus that causes Covid-19. Among its headline conclusions, the report said the National Institutes of Health had indeed funded contentious "gain-of-function" research -- which seeks to enhance viruses as a way of finding ways to combat them -- at the Wuhan Institute of Virology. Fauci angrily denied covering up the origins of Covid-19 before the panel in June, arguing that it would be "molecularly impossible" for the bat viruses studied at the lab to be turned into the virus that caused the pandemic. But the panel's report said SARS-CoV-2 "likely emerged because of a laboratory or research related accident." The probe found that lockdowns "did more harm than good" and that mask mandates were "ineffective at controlling the spread of Covid-19," contradicting other research showing that masking in public does reduce transmission rates. Social distancing guidelines also came under criticism, although travel restrictions were deemed to have saved lives. Investigators found that Trump's Operation Warp Speed -- the publicly-funded project to develop Covid vaccines -- was a "tremendous success" but that school closures would have an "enduring impact" on US children. ft/jgc
A top Fed official leans toward December rate cut but says it depends on economic data WASHINGTON (AP) — A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view. Speaking at George Washington University, Christopher Waller, a key member of the Fed’s Board of Governors, said he was confident that inflation is headed lower and that the central bank will likely keep reducing its key rate, which affects many consumer and business loans. But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged this month. Cyber Monday shoppers expected to set a record on the year's biggest day for online shopping Consumers in the U.S. are scouring the internet for online deals as they look to make the most of the post-Thanksgiving shopping marathon on Cyber Monday. The National Retail Federation coined the term for the Monday after Black Friday in 2005. Even though e-commerce is now part and parcel of many people’s regular routine, Cyber Monday continues to be the biggest online shopping day of the year, thanks to steady discounts and a fair amount of hype. Several major retails actually started their Cyber Monday promotions over the weekend. Consumer spending for the online shopping days between Thanksgiving and Cyber Monday provides an indication of how much shoppers are willing to spend for the holidays. Supreme Court justices question block on flavored vapes, but don't appear convinced FDA was unfair WASHINGTON (AP) — A majority of Supreme Court justices didn’t seem convinced Monday that federal regulators misled companies as they refused to allow them to sell sweet flavored vaping products following a surge in teen e-cigarette use. The court did raise questions about an FDA crackdown that included denials on sales of more than a million nicotine products formulated to taste like fruit, desert or candy. The case comes a month before the start of the second Trump administration, which could change the FDA's approach after he vowed to “save” vaping. Can AI chatbots make your holiday shopping easier? Tired of thinking about what gifts to get everyone this year? Artificial intelligence chatbots might help, but don’t expect them to always give you the right answers. Scouring the internet for Cyber Monday deals may yield an encounter with more chattier iterations of the chatbots that some retailers built to provide customer service. Some companies have integrated models that allow shoppers to ask questions like “What’s the best wireless speaker?” Retailers hope consumers use these shopping assistants as virtual companions that help them discover or compare products. The technology is still in its infancy, though, and chatbots are prone to hallucinations, so most of the new tools sometimes get things wrong. Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs Struggling chipmaker Intel says in a surprise announcement that CEO Pat Gelsinger has retired. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down from the company’s board. The departure of Gelsinger, whose career spanned more than 40 years, underscores turmoil at Intel. The company was once a dominant force in the semiconductor industry but has ben eclipsed by rival Nvidia, which has cornered the market for chips that run artificial intelligence systems. Nvidia’s ascendance was cemented earlier this month when it replaced Intel on the Dow Jones Industrial Average. Stock market today: Rising tech stocks pull Wall Street to another record NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. Better drugs through AI? Insitro CEO on what machine learning can teach Big Pharma WASHINGTON (AP) — Artificial intelligence is changing the way industries do business. But executives in the pharmaceutical industry are still waiting to see whether AI can tackle their biggest challenge: finding faster, cheaper ways to develop new drugs. Despite billions poured into research and development, new medicines still typically take a decade or more to develop. Insitro is part of a growing field of AI companies promising to accelerate drug discovery by using machine learning to analyze huge datasets that could lead to new medicines. FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon. The FTC is investigating Microsoft’s cloud computing business and related product lines such as artificial intelligence and cybersecurity, according to a person who was not authorized to publicly discuss details of the investigation and spoke to The Associated Press on condition of anonymity. It’s the latest action of more than three years of aggressive antitrust enforcement shepherded by FTC Chair Lina Chan, who was elevated to lead the agency by President Joe Biden after he came into office pledging tougher scrutiny of monopolistic behavior by Big Tech companies. More than 3 million travelers screened at US airports in a single day. That's a record Travelers heading home after the Thanksgiving holiday are setting a record. The Transportation Security Administration says that it screened nearly 3.1 million travelers on Sunday, breaking the previous record by about 74,000. That mark was set on July 7, also a Sunday after a holiday, July Fourth. Hundreds of thousands of travelers were delayed or had their flights canceled. FlightAware says more 6,800 flights were delayed on Sunday, with the highest numbers at Hartsfield–Jackson Atlanta International Airport and Chicago’s O’Hare Airport. General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution DETROIT (AP) — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan. The company said Monday that it has a nonbinding agreement for the sale to joint venture partner LG Energy Solution of South Korea. The companies expect to close the sale by the end of March. Financial details were not released Monday, but GM said it expects to recoup its investment. The company has spent about $1 billion on the Lansing factory. GM says it will rely on joint venture factories in Warren, Ohio, and Spring Hill, Tennessee, to supply factories that make seven electric vehicles now on sale in the U.S.
President-elect Trump wants to again rename North America’s tallest peakA young man accused of second-degree murder in the fatal stabbing of a 17-year-old boy on a Surrey bus in 2023 is on trial in B.C. Supreme Court in New Westminster. Kaiden Mintenko, 21, of Burnaby pleaded not guilty to the charge on Monday, at the outset of what's set to be a 15-day hearing with Justice Terry Schultes presiding. The victim was stabbed in the chest while riding on a Route 503 bus in the 9900-block of King George Boulevard on April 11, 2023 and died in hospital. Schultes imposed publication bans on information that would identify the teen and two Crown witnesses and a temporary publication ban on the identity of a fourth person. Mintenko was arrested in Burnaby on April 16, 2023. It was Surrey's fifth homicide that year. Prosecutor Elise Kohno laid out the Crown's theory on Monday morning and provided a list of witnesses. "It is not in dispute that Mr. Mintenko was the individual who stabbed (the teen)," she told the court, "and it was the stabbing that caused (the teen's) death. The primary issue in this trial would be whether Mr. Mintenko had a specific intent for murder. As the court is aware, the Crown has to prove beyond a reasonable doubt that Mr. Mintenko intended to cause death or intended to cause bodily harm that he knew was likely to cause death and was reckless as to whether that ensued." The Crown's case, she said, consists primarily of video evidence and viva voce evidence, a Latin term for testimony. "The police investigating this matter conducted an extensive CCTV canvass from various SkyTrain platforms," she said, "and in the neighbourhood surrounding the scene. The entirely of the offence – the stabbing – and some events leading up to the stabbing were caught on that CCTV footage." Corporal Madine Geddeit was the first witness. She told the court she started her policing career eight years ago as a general duty Mountie with the Surrey RCMP, currently works in forensics and took photos at the scene. She arrived at about 11:45 p.m. There was a blood stain and medical debris on the floor "and a bit of a trail leading out" to the curb. Her testimony was largely inaudible due to poor audio in the courtroom. She walked the court through crime-scene photographs taken on the bus. Meantime, the victim's grieving mom said at a gathering in 2023 that she felt "like basically my whole being is gone, my soul is gone." “He was the most gentle, kind, polite soul, he was so thoughtful, he paved the way for his brothers and sisters," he said of her son at the time. "He set such a good example of how to live life and how you should be, helping others and helping strangers." Premier David Eby was among those who expressed outrage at the homicide and promised enhanced police patrols on public transit in its wake. TransLink CEO Kevin Quinn also vented about the crime during an unrelated presser in 2023. “I’m angry, we’re really angry, I’m very frustrated, I’m bothered by these events and as a parent of two transit-riding kids, every single day, I am concerned,” Quinn said. “We will not allow criminals or those who want to commit crimes to come onto our system.” “I’ll say as a father, I will say I was particularly shocked regarding the fatal stabbing of a teenager aboard one of our buses and our sincere condolences are with that young man’s family,” he said.