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Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) — Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis is expected to swear in the new government later Monday. Stock market today: Wall Street mixed at the start of a holiday-shortened week Stock indexes are mixed in afternoon trading on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.6% Monday. Several big technology companies helped support the gains. The Dow Jones Industrial Average slipped 21 points, or 0.1%, and the Nasdaq composite rose 1%. Japanese automakers Honda Motor and Nissan Motor said they are talking about combining in a deal that might also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMÉNEZ, Costa Rica (AP) — A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction. Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them WASHINGTON (AP) — The economic and technological rivalry between the U.S. and China has come to the drone market, where Chinese-made flying devices are a dominant player in America. Lawmakers in Washington are seeking to ban new sales of Chinese-made drones, arguing they could be used to spy on Americans and that the low-cost models are hurting the U.S. drone industry. But U.S. users — spanning from police officers to farmers to mappers and filmmakers — have come to rely on Chinese-made drones, especially those by DJI Technology, for their work or lives. Florida has banned Chinese drones in state-funded programs, but also appropriated $25 million to help offset replacement costs.As Guardian Australia's technology reporter Josh Taylor explains, there's a lot we don't yet know about how the social media ban for Australians... Michael Kalenderian , Lisa Favazzo , Josh TaylorThis may seem an exaggeration, but there is an ongoing isolation pandemic. The current wave of loneliness, along with the decreasing number of family members; and even the growth of pet care businesses are signs of this problem. As a parent and teacher, I see this growing problem among my sons' peers and in my classrooms. While we seem to be growing more connected to things (internet, devices and services), we are disconnecting with people. This lack of personal connection is starting more at a younger age and deepening through generations with significant negative social impact on society and individuals. To prevent future personal and societal problems, families, schools and workplaces need to encourage and foster personal connections through meaningful friendship. Reading and understanding books becomes harder. Students with few friends or siblings will have issues with books from Charles Dickens, Enid Blyton, or even the Wimpy Kid series; all focus on relationships. These books have been regularly used to teach the love of reading, building imagination and understanding society. The ability to get a deeper meaning or relate to the author's message is lost. This deeper understanding becomes even harder with business text, which requires reading at different levels to apply concepts innovatively or address new conditions. Understanding how various people use words is an essential skill, ideally with foundations built when learning to talk at home. The quality of friendships is vital in addressing social ills. More quality friends reduce the need for social media and the documented associated extremes. Physical interaction gives the same dopamine hit that social media provides but in better dosage and longer duration. By focusing on quality friends, depression and other social ills can be reduced as people share their feelings, grow, and interact in a positive manner. For students, having genuine friends helps with studying and learning from schoolwork. There are more exchanges and explanations of ideas in a positive environment. Research supports that talking with others builds stronger relationships than text messages. Thus, for students, more trustworthy contacts help them develop as individuals. I see many university students struggle in class because they have few people they call friends. Students struggle with mental health problems because the structure that existed before and provided help is not there. Parents assume that students are connecting because of online interactions, but that cheap substitute for real friendship is not working. More friends means less dependence on one person; hence, relationships are better. Young adults have fewer people to interact with, resulting in intense interactions. Thus, there are more strains or demands on fewer relationships. For example, if someone has one friend, they discuss ten items with their one friend, requiring much of that one friend's time and energy. Therefore, the friend may start limiting interaction as the relationship requires a lot of energy and the person talking feels less fulfilled. Two unhappy people. However, if someone has five friends, then they can discuss two items with each other; and so the friends are happy to interact more because the relationship requires less energy. Ironically, by having more friends, individuals develop better relationships. The principle applies even at the workplace because if someone can relate to a wider number of people in the office, they can get more done and contribute to better productivity. Workplaces have always seen the need for friendship at work, though it may not be referred to as such. In offices, teamwork, openness, and psychological safety are terms that have similar meaning to authentic human interaction. Work-from-home advocates prioritise interacting with people at home, whereas return-to-office advocates prioritise interacting with people in the office. However, generational problems and the lack of interpersonal experiences, real and perceived, highlight the difficulty of communicating various needs and desires by the individual. It comes as no surprise that communication is one of if not the most valuable skills for the workplace. Companies have to spend time developing workers' abilities in talking with each other because that particular skill may not have been fully developed at home or in school. Having real friends helps individuals and society by reducing loneliness and business inefficiencies caused by employees' mental distractions. A sense of belonging starts with family interactions followed by schools and grows into society. Mariano Miguel Carrera, PhD, is a lecturer at the International College at King Mongkut's University of Technology, North Bangkok.
USA powers its way to victory over Germany in world junior championship opener
France’s second woman premier makes surprise frontline returnBrazil Medical Aesthetics Market Focused Insights 2024-2029: AbbVie, Bausch Health Companies, Candela, Cutera, Cynosure Lutronic, El.En Remain Leading Market Players - ResearchAndMarkets.com
HC Wainwright restated their buy rating on shares of Pyxis Oncology ( NASDAQ:PYXS – Free Report ) in a research note published on Thursday, Benzinga reports. HC Wainwright currently has a $7.00 price objective on the stock. Other equities research analysts also recently issued research reports about the stock. Stephens assumed coverage on shares of Pyxis Oncology in a research note on Friday, November 8th. They set an “overweight” rating and a $13.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $7.00 price target on shares of Pyxis Oncology in a research note on Thursday, September 19th. Stifel Nicolaus assumed coverage on shares of Pyxis Oncology in a research note on Thursday, August 8th. They set a “buy” rating and a $10.00 price target on the stock. Finally, William Blair downgraded shares of Pyxis Oncology from an “outperform” rating to a “market perform” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.00. Get Our Latest Research Report on PYXS Pyxis Oncology Price Performance Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently made changes to their positions in PYXS. Barclays PLC raised its holdings in shares of Pyxis Oncology by 275.0% in the third quarter. Barclays PLC now owns 64,089 shares of the company’s stock valued at $235,000 after buying an additional 46,997 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Pyxis Oncology by 5.5% in the third quarter. Geode Capital Management LLC now owns 1,084,727 shares of the company’s stock valued at $3,982,000 after buying an additional 57,016 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Pyxis Oncology in the third quarter valued at about $107,000. XTX Topco Ltd raised its holdings in shares of Pyxis Oncology by 133.6% in the third quarter. XTX Topco Ltd now owns 84,771 shares of the company’s stock valued at $311,000 after buying an additional 48,481 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Pyxis Oncology by 40.8% in the third quarter. Jane Street Group LLC now owns 49,558 shares of the company’s stock valued at $182,000 after buying an additional 14,349 shares during the last quarter. 39.09% of the stock is owned by institutional investors. Pyxis Oncology Company Profile ( Get Free Report ) Pyxis Oncology, Inc, a clinical stage company, engages in the development of therapeutics to treat cancers. Its lead antibody-drug conjugates (ADC) product candidate is PYX-201, an investigational novel ADC consisting of human immunoglobulin G1 (IgG1), which is in Phase 1 clinical trial to treat patients with relapsed or refractory solid tumors; and lead immuno-oncology (IO) product candidate is PYX-106, an investigational fully human IgG1 Siglec-15-targeting antibody that is in Phase 1 clinical trial to treat patients with advanced solid tumors. Featured Articles Receive News & Ratings for Pyxis Oncology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pyxis Oncology and related companies with MarketBeat.com's FREE daily email newsletter .Israeli attorney general orders probe into report that alleged Netanyahu's wife harassed opponents
WACO, Texas (AP) — Georgia's Dasha Vidmanova and Columbia's Michael Zheng won NCAA singles tennis titles on Sunday. Vidmanova, a 21-year-old senior from the Czech Republic, beat DJ Bennett of Auburn 6-3, 6-3 for the Bulldogs' first women's singles championship since 2010. Zheng, a 20-year-old junior from Montville, New Jersey, beat Ozan Baris of Michigan State 6-2, 4-6, 6-2 to become the first Ivy League player to collect an NCAA men's singles crown since 1922. The final between Zheng and Baris was the first men's NCAA tennis singles final between two Americans since 2017. More AP tennis: https://apnews.com/hub/tennis
CorVel (NASDAQ:CRVL) Hits New 1-Year High – What’s Next?New Jersey fines firms $40K for sports betting violations
