Showing posts with label Latest news. Show all posts
Showing posts with label Latest news. Show all posts

Sunday, December 29, 2024

Pfizer explores sale of hospital drugs unit

API Publisher

Business & FinanceDealsHealth

Reuters exclusively reported that Pfizer is exploring the sale of its hospital drugs unit, as the drugmaker, which has been under pressure from activist investor Starboard Value, looks to divest non-core assets.

Article Tags

Topics of Interest: Business & FinanceDealsHealth

Type: Reuters Best

Sectors: Business & FinancePharmaceuticals & Healthcare

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

https://aiearth.us/latest-news/pfizer-explores-sale-of-hospital-drugs-unit/

Saturday, December 28, 2024

How Harris and Trump are blurring party lines in the final election stretch

API Publisher

In a surprising turn of events, US presidential candidates Kamala Harris and Donald Trump are blurring party lines as they vie for votes in the final stretch of a highly competitive election.
Harris has been actively courting Republican voters, hosting events focused on issues such as abortion rights, border security, and small business creation, which have featured Republican officials.
The Democratic National Convention even granted speaking slots to seven Republicans last month, and outside groups are spending millions to help Harris connect with disaffected opposing party members.
Simultaneously, Harris has adopted a more assertive foreign policy stance, pledging to include a Republican in her Cabinet if elected and openly discussing her gun ownership.
“If somebody breaks in my house they’re getting shot. Sorry,” Harris told Oprah Winfrey, surprising the television star with her candour. Harris’ strong support for US leadership on the global stage has already earned her the backing of more than 100 Republican national security and foreign policy officials who previously served under various presidents, including Dick Cheney.
Trump, on the other hand, has taken positions that have irked some conservatives. He recently called for a federal cap on credit card interest rates at 10%. He expressed support for a federal law mandating insurance companies to cover in vitro fertilization (IVF), despite opposition from social conservatives who believe embryos used in the process should be protected.
Barbara Comstock, a former Republican congresswoman from Virginia who co-chaired Nikki Haley’s GOP presidential campaign, now supports Harris, citing her call for an expanded child care tax credit, support for a tough bipartisan immigration bill, and a foreign policy stance in contrast to Trump’s admiration for leaders like Vladimir Putin.
Tulsi Gabbard, a former Democratic congresswoman from Hawaii and now a top Trump ally, describes Trump’s policy approach as “common sense,” highlighting his support for criminal justice reform and a foreign policy philosophy that seeks to avoid US involvement in global conflicts like the Russian invasion of Ukraine. Despite the candidates’ embrace of policies that appeal to the other side, their priorities still largely align with their party’s traditions.
Trump opposes abortion rights and plans to vote to uphold a Florida law banning abortions after six weeks, while Harris supports abortion rights as protected under Roe v. Wade, backs a ban on assault weapons, and wants to extend prescription drug cost caps to all Americans.
As the election draws near, both candidates are working to expand their coalitions. Trump’s spokesman, Brian Hughes, argues that the GOP nominee has appeal among African Americans, Hispanics, and labour union members, citing the Teamsters Union’s decision not to endorse either candidate as a significant win for Trump.
Meanwhile, Harris, who has only been in the presidential race for eight weeks, is beginning to articulate specific policy plans that favour liberal policies in most cases, such as combating climate change, supporting labour unions, and pushing for voting rights legislation to combat racial discrimination.
With agency inputs from AP


https://aiearth.us/world-news/how-harris-and-trump-are-blurring-party-lines-in-the-final-election-stretch-3/

Mutual fund: How was 2024 for midcap funds, how much did smallcap funds create, who will be the best in 2025? - mutual fund how was 2024 for midcap funds how much success did smallcap funds create who will be the best mid or small in 2025

API Publisher
Mutual fund investment : The year 2024 is about to end. In such a situation, we are talking about which are the 5 MFs which gave the highest returns in the small and mid cap fund category last year. What can be the top 5 funds for new investors in small and mid category for 2025? Which small and mid cap funds should one invest in? What are the things to keep in mind while investing in small and mid cap mutual funds and what are the investment risks in small-mid cap mutual funds? Let’s take ...

How Harris and Trump are blurring party lines in the final election stretch

API Publisher

In a surprising turn of events, US presidential candidates Kamala Harris and Donald Trump are blurring party lines as they vie for votes in the final stretch of a highly competitive election.
Harris has been actively courting Republican voters, hosting events focused on issues such as abortion rights, border security, and small business creation, which have featured Republican officials.
The Democratic National Convention even granted speaking slots to seven Republicans last month, and outside groups are spending millions to help Harris connect with disaffected opposing party members.
Simultaneously, Harris has adopted a more assertive foreign policy stance, pledging to include a Republican in her Cabinet if elected and openly discussing her gun ownership.
“If somebody breaks in my house they’re getting shot. Sorry,” Harris told Oprah Winfrey, surprising the television star with her candour. Harris’ strong support for US leadership on the global stage has already earned her the backing of more than 100 Republican national security and foreign policy officials who previously served under various presidents, including Dick Cheney.
Trump, on the other hand, has taken positions that have irked some conservatives. He recently called for a federal cap on credit card interest rates at 10%. He expressed support for a federal law mandating insurance companies to cover in vitro fertilization (IVF), despite opposition from social conservatives who believe embryos used in the process should be protected.
Barbara Comstock, a former Republican congresswoman from Virginia who co-chaired Nikki Haley’s GOP presidential campaign, now supports Harris, citing her call for an expanded child care tax credit, support for a tough bipartisan immigration bill, and a foreign policy stance in contrast to Trump’s admiration for leaders like Vladimir Putin.
Tulsi Gabbard, a former Democratic congresswoman from Hawaii and now a top Trump ally, describes Trump’s policy approach as “common sense,” highlighting his support for criminal justice reform and a foreign policy philosophy that seeks to avoid US involvement in global conflicts like the Russian invasion of Ukraine. Despite the candidates’ embrace of policies that appeal to the other side, their priorities still largely align with their party’s traditions.
Trump opposes abortion rights and plans to vote to uphold a Florida law banning abortions after six weeks, while Harris supports abortion rights as protected under Roe v. Wade, backs a ban on assault weapons, and wants to extend prescription drug cost caps to all Americans.
As the election draws near, both candidates are working to expand their coalitions. Trump’s spokesman, Brian Hughes, argues that the GOP nominee has appeal among African Americans, Hispanics, and labour union members, citing the Teamsters Union’s decision not to endorse either candidate as a significant win for Trump.
Meanwhile, Harris, who has only been in the presidential race for eight weeks, is beginning to articulate specific policy plans that favour liberal policies in most cases, such as combating climate change, supporting labour unions, and pushing for voting rights legislation to combat racial discrimination.
With agency inputs from AP


https://aiearth.us/world-news/how-harris-and-trump-are-blurring-party-lines-in-the-final-election-stretch-2/

Budget 2024: Due to end of indexation benefit, the burden on the middle class has increased so much, there is a possibility of recession in the real estate sector! - middle class homeowners to be hit hardest as fm nirmala sitharaman in budget 2024 revokes indexation benefits in property deals

API Publisher
Budget 2024 Announcement: Finance Minister Nirmala Sitharaman presented the first budget of the third term of the Modi government and in the very first budget gave a big blow to the middle class. Those middle class people who have their own house and property and decide to sell it, their benefits are severely affected. According to the announcement by the Finance Minister, the benefits of indexation will not be available on real estate transactions in which the purchase price is adjusted for ...

Big news: Government will make income tax act simpler than before, new version will come in 6 months - governments will make income tax act simpler in next 6 months it will be a new version cbdt chairman ravi agarwal

API Publisher
The government is preparing to make the Income Tax Act simpler than before. For this, a new version can be introduced in the next 6 months. Central Board of Direct Taxes (CBDT) Chairman Ravi Aggarwal gave this information in an exclusive conversation with Moneycontrol on Thursday, July 25. He said, “In the next six months, the Income Tax Act will be further simplified and this will be its new version.” After this, all the processes related to income tax including filing ITR will become easier ...

If premium more than 5 lakhs then tax exemption will not be available on insuranace policy.

API Publisher
Finance Minister Nirmala Sitharaman (Nirmala Sitharaman) has made a big announcement regarding the insurance policy. He presented the Union Budget (Union Budget 2023) said that if the premium of a traditional insurance policy is more than Rs 5 lakh, then the amount received on maturity of that policy will not be tax-free. The purpose of this proposal is to limit the tax exemption on the amount received from high amount insurance policies. This announcement will impact the sales of insurance ...

Weather Updates: Heavy rain in Delhi, 15 year record broken, snow in the mountains - weather updates delhi rain imd next 2 day yellow alert cold wave himachal jammu snowfall

API Publisher
It is extremely cold in many states of the country. Snowfall continues in the hilly states while rain continues to wreak havoc in North India. Meanwhile, Delhi-NCR has been receiving heavy rains for the last two days. Due to which waterlogging has been seen in many parts. Due to rain, the temperature of Delhi also fell. In such a situation, the people of Delhi may have to face the wrath of cold wave in the New Year. The Meteorological Department has issued an orange alert for rain today (28 ...

Budget 2025: MSME stakeholders hold pre-budget meeting with Finance Minister; These demands were placed including technology upgrade, expansion of PLI scheme - MSME stakeholders sought technology upgrade PLI scheme benefits for various segments in a pre-budget meeting with FM Nirmala Sitharaman

API Publisher
Budget 2025-26: Stakeholders of Micro, Small and Medium Enterprises (MSME) held a pre-budget meeting with Finance Minister Nirmala Sitharaman on December 7. In this meeting, he demanded reduction in GST, technology upgrade and benefits of Production Linked Incentive i.e. PLI scheme for various sectors. The objective of the meeting was to gain inputs and suggestions for the budget for the financial year 2025-26. Budget 2025 is to be presented on February 1. The meeting was attended by Association ...

SBI hikes its base rate BPLR Benchmark Prime Lending Rate on loan EMI will go up

API Publisher
State Bank of India (SBI) has announced an increase in its loan-related base rate and benchmark prime lending rate (BPLR). This increase will be effective from March 15, 2023. SBI has increased its bet rate by 0.70. With this, the base rate of the bank has increased to 10.10%, which till now was 9.40%. Apart from this, the bank has also increased its Benchmark Prime Lending Rate (BPLR) to 14.85%, which till now was 14.15%. Due to this, EMI of BPLR and base rate related loans will become expensive. ...

Mutual fund: How was 2024 for midcap funds, how much did smallcap funds create, who will be the best in 2025? - mutual fund how was 2024 for midcap funds how much success did smallcap funds create who will be the best mid or small in 2025

API Publisher
Mutual fund investment : The year 2024 is about to end. In such a situation, we are talking about which are the 5 MFs which gave the highest returns in the small and mid cap fund category last year. What can be the top 5 funds for new investors in small and mid category for 2025? Which small and mid cap funds should one invest in? What are the things to keep in mind while investing in small and mid cap mutual funds and what are the investment risks in small-mid cap mutual funds? Let’s take ...

Manmohan Singh Death News Highlights: Dr. Manmohan Singh will merge into Panchatattva on December 28, a rush of people paying tribute at his Delhi residence - former pm manmohan singh passes away live updates at the age of 92 last rituals sonia gandhi rahul gandhi pm narendra modi national mourning declared for 7 days

API Publisher
DECEMBER 27, 2024 / 7:17 PM IS Manmohan Singh Death News LIVE: Manmohan was a true politician who showed direction to the future, will take his contribution forward: Congress Working Committee The Congress Working Committee (CWC) on Friday expressed grief over the demise of former Prime Minister Manmohan Singh and said that India has lost a true statesman whose life and works showed the direction of the country’s future. The resolution passed in the working committee meeting also said that ...

Gold Price Today: Gold is continuously becoming expensive in the last days of the year 2024, check the gold rate of Saturday 28 December - gold price today 28 december saturday sone ka bhav at year end week of year 2024

API Publisher
Gold Price Today: Today, Saturday, 28 December 2024, gold has become expensive. 24 carat and 22 carat gold rates have become costlier by Rs 300. In most cities of the country, 24 carat gold rate is trading around Rs 78,000. The price of 22 carat gold is around Rs 71,600. Check what is the price of gold in your city. Rate of one kilogram silver on 28th December The price of one kilogram of silver in the country is trading at Rs 92,500. Yesterday the price of Chandra was at Rs 91,600. There ...

Razorpay ESOPs: Razorpay's big announcement on completion of ten years, big gift to more than 3 thousand employees - razorpay esop announcement on tenth anniversary worth rupees 1 lakh to all current employees

API Publisher
Razorpay ESOPs: Fintech unicorn RazorPay completed ten years and on this occasion the employees got a big gift from the company. Razorpay, invested by American venture capital company Y Combinator, has announced to distribute Employee Stock Ownership Plans (ESOPs) worth Rs 1 lakh to all its existing employees. It has more than 3 thousand employees who are internally called Razors. The announcement of Razorpay is to ensure that employees who previously did not have an ESOP can now participate ...

Seshaasai Technologies is bringing IPO, new shares worth ₹ 600 crore will be issued; Draft filed with SEBI - seshaasai technologies filed draft papers with SEBI for ipo fresh issue worth rs 600 crore

API Publisher
Seshaasai Technologies IPO: Mumbai-based Sheshasai Technologies has planned to raise funds through a public issue. For this, the company filed draft papers with the capital market regulator SEBI on 27 December. Florentry Nextec, owned by former Blackstone India executive Mathew Cyriac, has also invested in the company. According to the Draft Red Herring Prospectus (DRHP), the IPO will see issuance of new shares worth Rs 600 crore. Besides, there will also be an offer for sale of 78,74,015 equity ...

JSW Energy's big deal in renewable energy sector, decision to buy O2 Power - jsw energy to acquire o2 power for a total enterprise value of rs 12468 crore

API Publisher
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has decided to purchase renewable energy platform O2 Power. For this, an agreement has been signed between the two companies. The O2 Power platform has been set up by Swedish asset manager EQT Partners and Singaporean entity Temasek Holdings. After adjusting the net current assets, the transaction value of this platform is Rs 12,468 crore ($1.47 billion). “O2 Power is a renewable energy platform with a capacity of 4,696 MW, of which ...

These 5 stocks will create a stir in the market next week, are these stocks in your portfolio, check now - these 5 stocks will create a stir in the market next week are sun pharma titan ipca labs and others in your portfolio check now

API Publisher
BTST/STBT Calls: There was a rise in the market on the last day of the trading week and the first day of the January series. Sensex and Nifty managed to close with gains. Sensex rose 227 points while Nifty gained 63 points. Buying was seen in pharma and auto stocks. There was pressure on PSE, metal, oil and gas shares. 20 out of 30 Sensex stocks saw a rise. 29 out of 50 Nifty stocks showed a rise. 7 out of 12 shares of Nifty Bank saw a rise. In such a situation, before the market closes, experts ...

Bank Holiday: Will banks remain closed today, Saturday 28th December or will there be any work? Check RBI list - bank holiday bank will close on 28 december 2024 fourth saturday check rbi bank holiday list

API Publisher
Bank Holiday: All banks will remain closed today, Saturday 28th December. Today is the fourth Saturday of the month of December. According to RBI, all banks remain closed on second and fourth Saturdays. Banks will remain closed in all the states of the country like Delhi, UP, Rajasthan, Punjab, Haryana, Maharashtra, Madhya Pradesh etc. Banks will remain closed on Saturday due to fourth Saturday On Saturday 28 December 2024, all banks across the country will remain closed due to the fourth ...

These 5 stocks will create a stir in the market next week, are these stocks in your portfolio, check now - these 5 stocks will create a stir in the market next week are sun pharma titan ipca labs and others in your portfolio check now

API Publisher
BTST/STBT Calls: There was a rise in the market on the last day of the trading week and the first day of the January series. Sensex and Nifty managed to close with gains. Sensex rose 227 points while Nifty gained 63 points. Buying was seen in pharma and auto stocks. There was pressure on PSE, metal, oil and gas shares. 20 out of 30 Sensex stocks saw a rise. 29 out of 50 Nifty stocks showed a rise. 7 out of 12 shares of Nifty Bank saw a rise. In such a situation, before the market closes, experts ...

TikTok urges Supreme Court to find law that could lead to ban unconstitutional

API Publisher

Washington — Lawyers for TikTok urged the Supreme Court on Friday to find unconstitutional a new law that could lead to a ban of the widely popular app in the United States, arguing that shuttering TikTok will silence not only its speech, but also that of the platform’s more than 170 million American users. President-elect Donald Trump also filed a separate brief in which he stated that he opposes the ban at the current moment and requests time to resolve the dispute via political negotiations.

In an opening brief filed with the justices, which provides a first look at the arguments TikTok will make to the high court next month, lawyers for the platform urged them to reverse a decision from a three-judge appeals court panel that upheld the ban.

Lawyers for TikTok said in their filing that they “do not contest Congress’s compelling interest in protecting this nation’s security, or the many weapons it has to do so. But that arsenal simply does not include suppressing the speech of Americans because other Americans may be persuaded.”

In its own filing laying out arguments for upholding the ban, the Justice Department argued the law is consistent with the First Amendment and said the government has a compelling interest in preventing threats to national security posed by control of TikTok by a foreign adversary, China.

The law, Solicitor General Elizabeth Prelogar wrote, “addresses the serious threats to national security posed by the Chinese government’s control of TikTok, a platform that harvests sensitive data about tens of millions of Americans and would be a potent tool for covert influence operations by a foreign adversary. And the Act mitigates those threats not by imposing any restriction on speech, but instead by prohibiting a foreign adversary from controlling the platform.”

The high court said last week that it would take up TikTok’s challenge to the ban, which was passed by Congress as part of a foreign aid package in April. The company had asked the Supreme Court to temporarily block the law and urged it to intervene before Jan. 19, when the prohibition is set to take effect.

The justices said they will consider whether the measure violates the First Amendment, and scheduled two hours of arguments for Jan. 10, an expedited timeline that could bring a ruling soon after. In addition to TikTok’s challenge, the Supreme Court will consider a separate bid by a group of the platform’s users to block the ban.

The case will be argued in the final days of the Biden administration, but Trump, who will take office Jan. 20, has expressed support for TikTok. Trump tried to ban the app during his first term in office, but reversed his position during his campaign. The president-elect vowed to “save” the app, and told reporters earlier this month that he has “a warm spot in my heart for TikTok.”

In a friend-of-the-court brief filed with the Supreme Court, a lawyer for Trump, D. John Sauer, said he opposes banning the platform in the U.S. “at this juncture” and “seeks the ability to resolve the issues at hand through political means once he takes office.” Trump announced in November that he plans to nominate Sauer to serve as solicitor general in his second term.

The president-elect asked the Supreme Court to pause the law’s Jan. 19 effective date to allow his new administration to “pursue a negotiated resolution that could prevent a nationwide shutdown of TikTok, thus preserving the First Amendment rights of tens of millions of Americans, while also addressing the government’s national security concerns.”

Citing the Jan. 19 deadline, Trump said it interferes with his “ability to manage the United States’ foreign policy and to pursue a resolution to both protect national security and save a social-media platform that provides a popular vehicle for 170 million Americans to exercise their core First Amendment rights.”

Lawmakers sought to restrict access to TikTok in the U.S. amid concerns about its ties to China. The platform is owned by Beijing-based ByteDance, and members from both parties, as well as intelligence agencies, have warned that the app could give the Chinese government access to data from the roughly 170 million Americans who use TikTok. They have also raised concerns that TikTok could be used by the Chinese government to covertly manipulate content on the platform and influence public dialogue.

Under the law, TikTok had nine months to divest from ByteDance or lose access to all app stores and web-hosting services in the U.S. The measure allows the president to grant a one-time, 90-day delay if a sale is in progress by Jan. 19.

Lawyers for TikTok have argued that divesture is not possibleand the Chinese government has vowed to block the sale of the platform’s powerful algorithm, which tailors content recommendations to users.

Brought in May, TikTok argued in its challenge to the law that it violates the First Amendment rights of the platform and its users. The company also said Congress targeted it with its ban, which would bar every American from participating in its “unique online community.”

But a panel of three judges on the U.S. Court of Appeals for the District of Columbia Circuit disagreed, and found that the government’s national security justification for the law is consistent with the First Amendment.

“The First Amendment exists to protect free speech in the United States,” Senior Judge Douglas Ginsburg, appointed by President Ronald Reagan, wrote for the unanimous court. “Here the government acted solely to protect that freedom from a foreign adversary nation and to limit that adversary’s ability to gather data on people in the United States.”

Ginsburg, joined by Judge Neomi Rao, tapped by Trump, and Chief Judge Sri Srinivasan, appointed by President Barack Obama, said that while the decision will have significant implications for TikTok and its users, “that burden is attributable to [China’s] hybrid commercial threat to U.S. national security, not to the U.S. government.”

The dispute has attracted a range of friend-of-the-court briefs from members of Congress, civil liberties groups, former national security officials and TikTok users.

https://aiearth.us/world-news/tiktok-urges-supreme-court-to-find-law-that-could-lead-to-ban-unconstitutional/