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Weekly Horoscope Gemini, November 24 to 30, 2024 predicts success on the horizon - Hindustan Times
Little-known warning over popular Christmas drink as public advised not to ‘pour down the sink’
Cubs legend to undergo 'intensive treatment' after cancer returnsGeneral Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of partially automated driver-assist systems for personal vehicles like its Super Cruise, which allows drivers to take their hands off the steering wheel. > Watch NBC Bay Area News 📺 Streaming free 24/7 GM said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.” The company said it will combine Cruise's technical team with its own to work on advanced systems to assist drivers. GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of robotaxis. Over the years GM invested billions in the subsidiary and eventually bought 90% of the company from investors, all while racking up millions in losses. GM’s brushoff of Cruise represents a dramatic about-face from years of full-blown support that left a huge financial dent in the automaker. The company invested $2.4 billion in Cruise only to sustain years of uninterrupted losses, with little in return. Since GM bought a controlling stake in Cruise for $581 million in 2016, the robotaxi service piled up more than $10 billion in operating losses while bringing in less than $500 million in revenue, according to GM shareholder reports filed with the Securities and Exchange Commission. The automaker even announced plans for Cruise to generate $1 billion in annual revenue by 2025, but it scaled back spending on the company after one of its autonomous Chevrolet Bolts dragged a San Francisco pedestrian who was hit by another vehicle in 2023. The California Public Utilities Commission alleged Cruise then covered up details of the crash for more than two weeks. The embarrassing incident resulted in Cruise’s license to operate its driverless fleet in California being suspended by regulators and triggered a purge of its leadership — in addition to layoffs that jettisoned about a quarter of its workforce. GM CEO Mary Barra told analysts on a conference call Tuesday the the new unit will focus on personal vehicles and developing systems that can drive by themselves in certain circumstances. The company has agreements to buy another 7% of Cruise and intends to buy the remaining shares so it owns the whole company. The move is another step back from autonomous vehicles, which have proved far harder to develop than companies once anticipated. Two years ago, crosstown rival Ford Motor Co. disbanded its Argo AI autonomous vehicle venture in Pittsburgh that it co-owned with Volkswagen. At the time the company said it didn’t see a path to profitability for a number of years. Yet other companies are pressing forward with plans to deploy autonomous vehicles and expanding their services. Alphabet Inc.'s Waymo is accelerating plans to broaden its robotaxi service beyond areas of metropolitan Phoenix, San Francisco and Los Angeles. Last week the company said it would begin testing its driverless Jaguars in Miami next year, with plans to start charging for rides in 2026. The move comes less than a month after Waymo opened up its robotaxi service to anyone looking for a ride in an 80-square-mile (129 square kilometer) area of Los Angeles. Waymo also has plans to launch fleets in Atlanta and Austin next year in partership with ride-hailing leader Uber. In April, a company called Aurora Innovation plans to start hauling freight on Texas freeways using fully driverless semis. Tesla CEO Elon Musk has said his company plans to have autonomous Models Y and 3 running without human drivers next year. Robotaxis without steering wheels using Tesla's “Full Self-Driving” system would be available in 2026 starting in California and Texas, he said. But an investigation by the National Highway Traffic Safety Administration into Full Self-Driving's ability to see in low visibility conditions cast doubt on whether Teslas are ready to be deployed without humans behind the wheel. The agency began the investigation in October after getting reports of four crashes involving “Full Self-Driving” when Teslas encountered sun glare, fog and airborne dust. An Arizona pedestrian was killed in one of the crashes. GM said it will work with Cruise’s leadership to restructure the company and refocus Cruise’s operations on driver assist systems. The company expects the restructuring to reduce spending by more than $1 billion annually. Cruise has about 2,300 employees and will retain a presence in San Francisco, GM said. It’s too early to talk about employment levels until the restructuring is completed next year, a spokesman said. Dave Richardson, senior vice president of software and services engineering, said Cruise will bring its software, artificial intelligence and sensor development to GM to team up on improving GM’s driver-assist systems. “We want to leverage what already has been done as we go forward, and we think we can do that very effectively,” Barra said. Shares of GM rose about 3% in trading after Tuesday's closing bell. They are up about 47% for the year. _____ AP Technology Writer Michael Liedtke in San Francisco contributed to this report.Armed with a degree in entrepreneurship and marketing from Babson College, Massachusetts, Sarthak brings a bold, modern leadership style that fuses innovation, sustainability and global ambition. A graduate of Babson College, he combines modern management practices with advanced technologies like automation and IoT to optimize production and ensure precision. Under his astute leadership, Renny has embraced green manufacturing, expanded globally, and diversified its portfolio with cutting-edge solutions, setting new benchmarks in construction materials. His leadership reflects the hallmarks of new-age business trends, such as agility, digital transformation and sustainability. He embraces data-driven decision-making, leveraging advanced market analytics and real-time supply chain visibility to optimize production and deliveries. Recognizing the growing importance of tech-enabled manufacturing, he is actively integrating automation, AI-driven quality checks and IoT-based monitoring systems across Renny’s facilities to enhance efficiency, reduce waste and ensure precision in every step of production. One of Sarthak’s standout initiatives is his commitment to sustainable manufacturing. Fully aware of the industry’s environmental impact, he is leading Renny toward green manufacturing practices by adopting cleaner processes, reducing carbon emissions and implementing circular economy principles. His vision is to set industry benchmarks by offering construction materials that are not only premium in quality but also environmentally responsible, aligning with global sustainability goals. At the core of his approach is the empowerment of teams. He encourages a collaborative work culture, fostering innovation through cross-functional collaboration and a flat hierarchy. He believes in continuous learning and regularly invests in talent development programs, nurturing future leaders within the organization. He is a strong proponent of remote work technologies and flexible work environments, embracing the future of work to retain top talent and increase operational efficiency. Under his leadership, Renny has achieved seamless vertical integration, producing a crucial raw material which allows Renny to control every aspect of the supply chain—from raw material sourcing to final product delivery—ensuring unmatched quality and speed. Sarthak's approach ensures that Renny can meet even the most demanding client requirements, positioning the company as a leader in delivering high-performance solutions across global markets. Sarthak Gupta has spearheaded the creation of innovation centers focused on research and development to drive the company’s growth through product diversification. His forward-thinking approach has already resulted in the successful incorporation of Solar Structures and Livestock solutions into Renny’s expanding portfolio. By prioritizing market creation through innovation, Sarthak ensures that Renny stays ahead of industry trends, offering cutting-edge solutions that meet emerging demands and set new standards in the construction and infrastructure sectors. Sarthak’s vision extends well beyond domestic success. He is driving Renny’s global expansion, strengthening the company's footprint in international markets. With a dedicated export team and plans to establish international warehouses, Sarthak is positioning Renny has a global player, providing premium scaffolding and formwork solutions worldwide. His global outlook is enhanced by Renny’s commitment to advanced R&D, which focuses on developing long-lasting protective coatings and extending product lifespans for use in the most demanding environments. In a short span, he has guided Renny to secure key international certifications like EN1090, ISO 9001 and CE, ensuring the highest standards of product excellence. He balances operational efficiency with sustainability-driven innovations, making Renny not just a leading name in the construction materials industry but also a forward-thinking company with a strong ethical core. Sarthak Gupta is steering Renny into a new era of growth, sustainability and global leadership, blending the best of traditional values with cutting-edge, modern management practices. Website: https://www.rennystrips.com/ (This article is part of DMCL Consumer Connect Initiative, a paid publication programme. DMCL claims no editorial involvement and assumes no responsibility, liability or claims for any errors or omissions in the content of the article. The DMCL Editorial team is not responsible for this content.)7,071 Shares in Schneider National, Inc. (NYSE:SNDR) Bought by Mutual of America Capital Management LLC
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NEW YORK -- U.S. donors gave $3.6 billion on Tuesday, an increase from the past two years, according to estimates from the nonprofit GivingTuesday . The Tuesday after Thanksgiving, now known as GivingTuesday, has become a major day for nonprofits to fundraise and otherwise engage their supporters each year, since the 92nd St Y in New York started it as a hashtag in 2012. GivingTuesday has since become an independent nonprofit that connects a worldwide network of leaders and organizations who promote giving in their communities. “This just really shows the generosity, the willingness of American citizens to show up, particularly collectively,” said Asha Curran, CEO of the nonprofit GivingTuesday. “We are just seeing the power of collective action and particularly collective giving over and over and over again.” This year, about 18.5 million people donated to nonprofits and another 9.2 million people volunteered, according to GivingTuesday's estimates. Both the number of donors and the number of volunteers increased by 4% from the group's 2023 estimates. “For us, it’s not just about the number of dollars," Curran said. "It’s about the number of people who feel like they have agency over the way their communities progress forward into the future.” The nonprofit GivingTuesday estimates the amount of money and goods donated and the number of participants using data from donor management software companies, donation platforms, payment processors and donor-advised funds. Curran said they are purposely conservative in their calculations. Nonprofits in the U.S. raised $3.1 billion in both 2022 and 2023 on GivingTuesday. That mirrored larger giving trends where the overall amount of donations dropped in 2022 and mostly held steady in 2023 after accounting for inflation. It’s never easy to predict current giving trends, but Una Osili, associate dean at the Indiana University Lilly Family School of Philanthropy, said there were economic forces pushing in both directions. “At the very same time, there’s a lot of uncertainty, especially around prices, the cost of living, the supermarket toll that people are expecting to continue even though inflation has moderated,” she said. Donating or volunteering with nonprofits aren't the only ways people participate in their communities. Many give to crowdfunding campaigns , political causes or support people directly in their networks. But tracking charitable donations is one way that researchers use to understand people's civic engagement. “This country is undeniably in a lot of pain and very divided right now,” Curran said. “And so to have a day that felt as hopeful and as optimistic as yesterday did, I’m sure was not only comforting to me, but to many, many millions of people.” ___ Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy .
By Kailyn Rhone Shares of nCino were down after the company's total revenue guidance for the fourth quarter and fiscal year 2025 missed analyst expectations. The company's stock dropped 14% to $36.45 in after-hours trading Wednesday. Shares are up 26% this year. The cloud-based banking platform guided for total revenue in the fourth quarter of $139.5 million to $141.5 million, below the $143.8 million expected by analysts polled by FactSet. It now expects total revenue for the year-ending Jan. 31 of $539 million to $541 million, just missing the $541.6 million forecast from analysts. For the fourth quarter, nCino expects subscription revenue of $122.5 million to $124.5 million, and adjusted earnings per share of 18 cents to 19 cents. Write to Kailyn Rhone at kailyn.rhone@wsj.comE-Paper Display Market Report 2024: Detailed Study on Global Market Trends, Industry Challenges, Growth Forecast, Size Analysis, and Key Opportunities Through 2031 12-21-2024 12:35 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Coherent Market Insights Pvt Ltd E-Paper Display The latest report titled ""E-Paper Display Market: Trends, Share, Size, Growth, Opportunities, and Forecast 2024-2031"" by Coherent Market Insights delivers a thorough analysis of the industry, encompassing market insights. It also covers competitor and regional analysis, along with recent advancements in the market. The report includes a detailed table of contents, figures, tables, and charts, offering in-depth analysis. The E-Paper Display market has experienced substantial growth in recent years, driven by factors such as rising product demand, a growing customer base, and technological progress. This report provides an in-depth evaluation of the E-Paper Display market, focusing on market size, trends, drivers, challenges, competitive landscape, and future growth potential. The report highlights the competitive landscape, market segmentation, geographical expansion, and the growth in revenue, production, and consumption within the E-Paper Display market. It covers the market size, growth analysis, industry trends, and forecast, detailing the factors shaping the business outlook. Additionally, the report examines future products, joint ventures, marketing strategies, developments, mergers and acquisitions, as well as promotional activities. It also analyses revenue trends, import/export data, CAGR values, and provides an overview of the industry as a whole, along with the specific challenges posed by competitors. Buy Now to avail discount up to 45% @ https://www.coherentmarketinsights.com/promo/buynow/102459 Report Overview and Scope: This report focuses on the global E-Paper Display market, with particular emphasis on key regions such as North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. It segments the market based on manufacturers, regions, types, and applications. The report provides a thorough overview of the current market landscape, including both historical and projected market size in terms of value and volume. Additionally, it examines technological advancements and considers macroeconomic and regulatory factors that impact the market. Regional Analysis: ◘ North America (U.S., Canada, and Mexico) ◘ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe) ◘ Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific) ◘ South America (Mexico, Brazil, Argentina, Columbia, Rest of South America) ◘ Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa) Key Highlights of This Report: Comprehensive Market Analysis: An in-depth exploration of manufacturing capabilities, production volumes, and technological advancements in the E-Paper Display market. Corporate Overview: A thorough examination of company profiles, highlighting key players and their strategic moves in the competitive landscape. Consumption Insights: A detailed assessment of consumption trends, offering a look into current demand patterns and consumer preferences. Segmentation Overview: A complete breakdown of end-user segments, showcasing the market's distribution across different applications and industries. Pricing Analysis: An evaluation of pricing models and the factors influencing market pricing strategies. Future Projections: Predictive insights on market trends, growth opportunities, and potential challenges on the horizon. Reasons to Purchase this Report: Comprehensive competitive landscape, including market rankings of major players, recent product/service launches, partnerships, business expansions, and acquisitions over the past five years. In-depth qualitative and quantitative analysis of the market, covering both economic and non-economic factors. Detailed market value data for each segment and sub-segment. Identification of the region and segment expected to experience the fastest growth and lead the market. Geographic analysis, highlighting regional product/service consumption and the factors influencing market conditions in each area. Detailed company profiles, including overviews, insights, product comparisons, and SWOT analyses of key market players. Current and future market outlook, focusing on growth opportunities, key drivers, challenges, and constraints in both emerging and developed regions. Market dynamics and future growth opportunities in the coming years. Buy Now to avail discount up to 45% @ https://www.coherentmarketinsights.com/promo/buynow/102459 FAQ's: Which are the dominant players of the E-Paper Display Market? What will be the size of the E-Paper Display Market in the coming years? Which segment will lead the E-Paper Display Market? How will the market development trends change in the next five years? What is the nature of the competitive landscape of the E-Paper Display Market? What are the go-to strategies adopted in the E-Paper Display Market? About Authors : Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States Phone: US +12524771362 / UK +442039578553 Email: sales@coherentmarketinsights.com About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. This release was published on openPR.
(Note to subs: amends byline error) The world stands at the dawn of a “third nuclear age” in which Britain is threatened by multiple dilemmas, the head of the armed forces has warned. But alongside his stark warning of the threats facing Britain and its allies, Admiral Sir Tony Radakin said there would be only a “remote chance” Russia would directly attack or invade the UK if the two countries were at war. The Chief of the Defence Staff laid out the landscape of British defence in a wide-ranging speech, after a minister warned the Army would be wiped out in as little as six months if forced to fight a war on the scale of the Ukraine conflict. The admiral cast doubt on the possibility as he gave a speech at the Royal United Services Institute (Rusi) defence think tank in London. He told the audience Britain needed to be “clear-eyed in our assessment” of the threats it faces, adding: “That includes recognising that there is only a remote chance of a significant direct attack or invasion by Russia on the United Kingdom, and that’s the same for the whole of Nato.” Moscow “knows the response will be overwhelming”, he added, but warned the nuclear deterrent needed to be “kept strong and strengthened”. Sir Tony added: “We are at the dawn of a third nuclear age, which is altogether more complex. It is defined by multiple and concurrent dilemmas, proliferating nuclear and disruptive technologies and the almost total absence of the security architectures that went before.” The first nuclear age was the Cold War, while the second was “governed by disarmament efforts and counter proliferation”, the armed forces chief said. He listed the “wild threats of tactical nuclear use” by Russia, China building up its weapon stocks, Iran’s failure to co-operate with a nuclear deal, and North Korea’s “erratic behaviour” among the threats faced by the West. But Sir Tony said the UK’s nuclear arsenal is “the one part of our inventory of which Russia is most aware and has more impact on (President Vladimir) Putin than anything else”. Successive British governments had invested “substantial sums of money” in renewing nuclear submarines and warheads because of this, he added. The admiral described the deployment of thousands of North Korean soldiers on Ukraine’s border alongside Russian forces as the year’s “most extraordinary development”. He also signalled further deployments were possible, speaking of “tens of thousands more to follow as part of a new security pact with Russia”. Defence minister Alistair Carns earlier said a rate of casualties similar to Russia’s invasion of Ukraine would lead to the army being “expended” within six to 12 months. He said it illustrated the need to “generate depth and mass rapidly in the event of a crisis”. In comments reported by Sky News, Mr Carns, a former Royal Marines colonel, said Russia was suffering losses of around 1,500 soldiers killed or injured a day. “In a war of scale – not a limited intervention, but one similar to Ukraine – our Army for example, on the current casualty rates, would be expended – as part of a broader multinational coalition – in six months to a year,” Mr Carns said in a speech at Rusi. He added: “That doesn’t mean we need a bigger Army, but it does mean you need to generate depth and mass rapidly in the event of a crisis.” Official figures show the Army had 109,245 personnel on October 1, including 25,814 volunteer reservists. Mr Carns, the minister for veterans and people, said the UK needed to “catch up with Nato allies” to place greater emphasis on the reserves. The Prime Minister’s official spokesman said Defence Secretary John Healey had previously spoken about “the state of the armed forces that were inherited from the previous government”. The spokesman said: “It’s why the Budget invested billions of pounds into defence, it’s why we’re undertaking a strategic defence review to ensure that we have the capabilities and the investment needed to defend this country.”Davis scores 32 as Old Dominion defeats UL Monroe 80-75 in OTQuantumScape Co. ( NYSE:QS – Get Free Report )’s share price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $5.31 and last traded at $5.18. 6,556,446 shares were traded during mid-day trading, a decline of 26% from the average session volume of 8,891,154 shares. The stock had previously closed at $5.16. Analyst Ratings Changes A number of brokerages have recently commented on QS. Truist Financial reaffirmed a “hold” rating and set a $7.00 target price (up from $6.00) on shares of QuantumScape in a research report on Friday, October 25th. Wolfe Research assumed coverage on QuantumScape in a research report on Thursday, September 5th. They set an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $6.00 price target on shares of QuantumScape in a research report on Tuesday, September 10th. HSBC upgraded QuantumScape from a “reduce” rating to a “hold” rating and set a $5.30 price objective for the company in a report on Tuesday, November 19th. Finally, Hsbc Global Res raised shares of QuantumScape to a “hold” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.26. View Our Latest Stock Report on QuantumScape QuantumScape Stock Performance QuantumScape ( NYSE:QS – Get Free Report ) last released its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.02). During the same quarter last year, the company posted ($0.23) EPS. On average, sell-side analysts predict that QuantumScape Co. will post -0.99 EPS for the current fiscal year. Insiders Place Their Bets In other QuantumScape news, Director Fritz Prinz sold 12,908 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $5.04, for a total value of $65,056.32. Following the completion of the sale, the director now owns 241,195 shares of the company’s stock, valued at approximately $1,215,622.80. This trade represents a 5.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Kevin Hettrich sold 58,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $5.78, for a total transaction of $335,240.00. Following the transaction, the chief financial officer now owns 1,073,022 shares in the company, valued at approximately $6,202,067.16. This trade represents a 5.13 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 702,057 shares of company stock valued at $3,982,909. 12.03% of the stock is currently owned by insiders. Institutional Investors Weigh In On QuantumScape Several institutional investors and hedge funds have recently made changes to their positions in the stock. 180 Wealth Advisors LLC increased its position in shares of QuantumScape by 2.7% in the 2nd quarter. 180 Wealth Advisors LLC now owns 79,741 shares of the company’s stock valued at $392,000 after acquiring an additional 2,059 shares during the period. Signaturefd LLC increased its holdings in shares of QuantumScape by 79.9% in the third quarter. Signaturefd LLC now owns 4,838 shares of the company’s stock valued at $28,000 after purchasing an additional 2,148 shares during the period. CWM LLC raised its stake in shares of QuantumScape by 56.0% in the second quarter. CWM LLC now owns 7,124 shares of the company’s stock worth $35,000 after purchasing an additional 2,556 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of QuantumScape by 32.4% during the third quarter. Farther Finance Advisors LLC now owns 13,521 shares of the company’s stock worth $78,000 after purchasing an additional 3,310 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in QuantumScape by 4.4% in the second quarter. The Manufacturers Life Insurance Company now owns 83,867 shares of the company’s stock valued at $413,000 after buying an additional 3,527 shares during the last quarter. 29.87% of the stock is currently owned by institutional investors and hedge funds. QuantumScape Company Profile ( Get Free Report ) QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California. Read More Receive News & Ratings for QuantumScape Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuantumScape and related companies with MarketBeat.com's FREE daily email newsletter .
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