Author: News Room

Election officials in Georgia, North Carolina and Florida are working quickly to ensure voters can still securely cast early ballots, despite the devastating storm impacts of Hurricane Helene that have in some cases left them without power, water and cell service. Potential solutions in the affected counties of the three states, which could determine the White House, could include extra polling places, extending early voting and making it easier to drop off mail ballots. “We have no power. We have no water. Cell service is limited, so right now the concern is a delay in getting the absentee ballots mailed out,…

Israel stepped up its offensive against Iran-backed militant group Hizbollah on Wednesday even as the region braced for its response to a missile attack by Tehran that intensified fears of an all-out war.The Israel Defense Forces bombarded Hizbollah’s strongholds in southern Beirut, while elite commando units faced fierce resistance from the group’s fighters as they breached the Lebanese border.Eight Israeli soldiers were killed and several injured, the Israeli military said, as the IDF’s “targeted” raids into Lebanese territory carried into a second day.Hizbollah said it had engaged Israeli troops in at least three different locations along the border, killing and…

This article was written byFollowMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it…

It was a calmer, more civil debate – and a less popular one overall. The vice presidential debate between Tim Walz and JD Vance scored more than 43 million viewers on TV Tuesday night, according to Nielsen estimates. The 43 million figure is the combined audience across 15 TV networks that simulcast the CBS-produced debate. An unknown number of additional viewers watched the debate on YouTube and other online platforms. Vice presidential debates are typically lower rated than presidential face-offs, and this year was no exception. Last month’s debate between Vice President Kamala Harris and former President Donald Trump drew more than…

Deutsche Bank is striking a cautious tone on Dover ‘s stock ahead of the industrial conglomerate’s upcoming earnings report. Jim Cramer is saying don’t fall for it. The firm’s wariness on Dover lands not long after the Federal Reserve began its rate-cutting cycle – generally seen as a positive development for economically sensitive corners of the market such as industrials. That’s because lower rates are typically good for businesses’ capital expenditure levels. And yet a recent pair of research reports on industrials – from Deutsche Bank and Barclays – paints a decidedly mixed view on Dover and the group overall, which includes…

Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company’s overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday. Sales at Levi’s brand were up 5% during its fiscal third quarter — the biggest gain in two years — but overall revenue came in flat and lower than Wall Street had expected. Shares of Levi’s fell more than 8% in extended trading Wednesday.Here’s how the denim-maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per share: 33…

One of the goals of the Inflation Reduction Act is to lower drug costs for Medicare beneficiaries. The biggest step toward that goal will be the implementation of the $2,000 cap on Part D out-of-pocket costs starting in January 2025. Nearly 19 million Part D enrollees could save $400 and almost two million with the highest costs could save, on average, $2,500 per year. Last year, Medicare took a baby step toward that goal by eliminating the 5% coinsurance in the Catastrophic Coverage payment stage. This should save approximately 1.5 million enrollees about $3,100 each this year. Both these initiatives…

A Georgia judge signaled Tuesday that he sees a need to bring clarity to the meaning of a “vague” new election certification rule approved by Donald Trump allies that critics say will inject chaos into the battleground state after Election Day. State and national Democrats have sued the GOP-controlled Georgia State Election Board over a pair of rules passed in August that require county election officials to conduct a “reasonable inquiry” into election results before certifying them and allow them to “examine all election related documentation created during the conduct of elections prior to certification of results.” During a bench…

Kamala Harris said the US would take “whatever action is necessary” to protect its interests against Iran, as the vice-president and Democratic presidential nominee addressed the growing tensions in the Middle East.Harris spoke after meeting the US national security team alongside President Joe Biden at the White House, as Washington weighed its response to Iran’s move to launch about 200 missiles at Israel on Tuesday. “I am clear-eyed: Iran is a destabilising, dangerous force in the Middle East and today’s attack on Israel only further demonstrates that fact,” she said.“We will never hesitate to take whatever action is necessary to defend…

This article was written byFollowKeith began his career as a research scientist (developmental biology, biochemistry, molecular biology) at the Australian National University, University of Oxford (UK), the Max Planck Institute for Biochemistry (Munich, Germany) and finally Macquarie University (Sydney) where he held a Chair in Biology and established the Centre for Analytical Biotechnology. Pioneering the area of proteomics (with Marc Wilkins in his group coining the term), Keith established the world’s first government-funded Major National Proteomics Facility (Australian Proteome Analysis Facility) which was involved with industrialising protein science. Keith left academe with his team to found Proteome Systems Ltd in…