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Shares of e-commerce software company Shopify ( SHOP -2.27% ) skyrocketed 47.8% during November, according to data provided by S&P Global Market Intelligence . The company helps businesses sell products online, and these merchant customers are doing quite well right now. Shopify uses a metric called gross merchandise volume (GMV). This isn't its revenue but rather the value of all of its customers' sales. On Nov. 12, Shopify reported financial results for the third quarter of 2024. And during the quarter, its GMV was nearly $70 billion. This was up a strong 24% year over year and marked its fifth straight quarter of greater-than 20% GMV growth. To put things simply, the businesses that use Shopify's software are doing well. And that's good for Shopify itself. Indeed, the company's Q3 revenue was up a robust 26% year over year to nearly $2.2 billion. Moreover, its free-cash-flow margin hit 19%, which is quite strong. On Nov. 30, Shopify co-founder and CEO Tobi Lütke shared on social media that the company had Black Friday GMV of $5 billion, which was up 22% from Black Friday in 2023. This further excited investors. Shopify is growing and getting a grip on profits Shopify's top-line growth has long been impressive -- it's one of investors' favorite reasons to buy Shopify stock . But profitability has been volatile in recent years as it's pivoted in and out of the logistics space, among other things. Q3 net income of $828 million got a nice boost from the value of some of its equity investments in other companies. But even without this, it was solidly profitable with $344 million in adjusted net income. SHOP Net Income (Quarterly) data by YCharts. In light of its strong growth and profits in Q3, many professional analysts on Wall Street raised their price targets for Shopify stock. A price target is basically just the price that someone thinks it can reach in about a year or so. The main point is that many pros looked at the numbers and decided that Shopify stock could climb higher than they previously thought, which was something that helped rally investors. Shopify's profits are good news Don't get me wrong: Shopify's financial results are fantastic, and investors are rightly enthused. But its valuation is creeping up, which underscores its need to maintain strong growth for an extended time period. I believe Shopify's profit improvement, particularly its free cash flow, is encouraging in this regard. The company doesn't really repurchase shares, and it doesn't pay a dividend. Rather, its free cash flow is invested right back into growing the business. In the Q3 earnings call , President Harley Finkelstein said that he was pleased with the free cash flow "Because it gives us the ability to grow the business and invest in the future." Shareholders should keep tabs on the growth rate and the free-cash-flow margin. But after November, there's plenty of reason for long-term optimism.
AP Trending SummaryBrief at 4:32 a.m. ESTAs TCU expands its presence both in size and prominence, Victor Boschini, the chancellor of the university for more than two decades, will step away from his role as head of the university. Boschini, who was previously president of Illinois State University before coming to TCU in 2003, will become chancellor emeritus. “TCU is an incredible place and deserves an incredible leader to take us into the next years of student-centered growth, academic excellence and impact,” Boschini said Dec. 2 in a statement. The TCU Board of Trustees has tapped TCU President Daniel W. Pullin as Boschini’s successor. Pullin, who will begin the new role on June 1, 2025, is uniquely poised to build on TCU’s momentum, Boschini added. “He is an inspiring leader with a big vision, and his unbounded energy makes him a force of nature,” Boschini said. Under Boschini’s helm, the university grew its presence by moving up in the U.S. News & World Report national rankings, more than doubling the number of TCU students enrolled and ushering in a new era of athletic success that culminated in a national football championship berth in 2023. Last year, the university celebrated reaching its $1 billion fundraising goal as part of the “Lead On” campaign — the most significant investment in the university since its founding in 1873. TCU also marked a major milestone when it opened a new medical school campus on West Rosedale Street earlier this year. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. But Boschini’s tenure also faced scrutiny, including a summer 2020 meeting where the TCU Faculty Senate considered a vote of no confidence in university leadership over the then-requirement to teach in-person classes, the reduction of employee benefits and the desire for the university to take a stronger stand on racial inequalities on campus. No formal vote was taken, and ultimately faculty had the option to teach remotely in fall 2020. The university launched its Race & Reconciliation Initiative , which has since explored TCU’s relationship with slavery, racism and the Confederacy. Less than a year after the debacle, Boschini said his relationship with faculty members has always been “really good.” Faculty were going through a crisis during the COVID-19 pandemic and needed someone to be mad at, he told the Fort Worth Star-Telegram in 2021. “One thing I’m very proud of; we didn’t release one freakin’ person from TCU,” he said. “Show me a company that didn’t do that around here.” Boschini also alluded to the emotional and physical toll of the job, which “got worse and worse and worse” during the pandemic. He lost sleep — and 15 pounds. At the time, Boschini said his plan was to retire in 2026. Pullin arrived at the university to become the dean of the Neeley School of Business in 2019. He was previously the dean of University of Oklahoma’s business school. Pullin, a graduate of the University of Oklahoma and Harvard Business School, became president of the university in 2023. Discussions about Boschini’s transition began in 2020, and Pullin’s hiring kicked off the succession plan, according to the university. “From the very first moment I stepped onto campus seven years ago, I thought, ‘This place is special,’” Pullin said in a university statement. “As dean of Neeley and now as president, I’ve said that same thing every day. I’ve been inspired by the thoughtful and intelligent students in my classes, by my generous and bright colleagues as we collaborate on projects large and small, and by our community coming together and collaborating on our shared vision for what comes next.” Boschini will still teach, raise money and work on enrollment at the university. In the coming months, Pullin will continue to work closely with Boschini to aid in a seamless transition. The university’s board of trustees is set to ratify the plan to hand the reins to Pullin at its spring 2025 meeting. Both leaders are known for their accessibility and their commitment to the student experience. Pullin can be frequently spotted walking around in his purple Chuck Taylor Converse and talking to students. When TCU’s Facebook page announced Boschini’s stepping away from his role and Pullin taking over, one commenter wrote: “Huuuuge shoes to fill. He bleeds purple, and that is one of the many things we love about him.” Once Pullin becomes chancellor, the position of president will not be replaced, a TCU spokesperson said. Shomial Ahmad is a higher education reporter for the Fort Worth Report, in partnership with Open Campus . Contact her at shomial.ahmad@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . The Texas Tribune partners with Open Campus on higher education coverage. Your support makes TRIPLE the impact today. Tomorrow is Giving Tuesday ! Don’t miss your chance to triple your impact and support local news. Every gift up to $5,000 will be tripled before 11:59 PM on Dec. 3! Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Shomial Ahmad, Fort Worth Report December 2, 2024DALLAS — The New York Giants released quarterback Daniel Jones at his request after benching the former No. 6 overall pick in the 2019 draft for 2023 undrafted free agent signing Tommy DeVito. As soon as the news spread, the Internet did what the Internet does with many high-profile prospects: Link said player to the Dallas Cowboys without merit. The comedic part about these social media rumors (or wishes depending on who you ask) centered around the prospect of Jones playing his former team on Thanksgiving Day. Folks on X, formerly known as Twitter, desperately grasped at straws trying to link Jones to the Cowboys , including his picture allegedly appearing on the Cowboys' website . The Dallas Cowboys have an opportunity to do the funniest thing with Daniel Jones 🤌🏾 Daniel Jones is currently listed as a player on the Dallas Cowboys roster on their team site 🤔 pic.twitter.com/WC0ilGF0QT The #Cowboys have the opportunity to do the funniest thing ever when they play the #Giants next week: Daniel Jones vs. Tommy DeVito on Thanksgiving 🍿🍿🍿 https://t.co/i5Kjgy3T19 The reality of the situation is – as comical as it would be – Jones to the Cowboys won't happen. Based on experience, the Cowboys almost certainly prefer to play against Jones than to envision him playing quarterback for Dallas. There are numerous reasons the Cowboys and Jones should have little or no interest in one another. First is timing – Jones won’t clear waivers and be available to sign until late Monday afternoon – 72 hours before the Cowboys play his former team on Thanksgiving Day at AT&T Stadium. While it might create interest in an otherwise unattractive holiday game, it doesn’t make sense from the Cowboys’ perspective – and it is difficult to imagine the Cowboys being attractive to Jones. It is doubtful he could have the necessary knowledge and command of the Cowboys’ offense to play in that game, which would leave only five games remaining in the season. It might seem the Cowboys offer an easy path to playing time since they’re currently playing backup Cooper Rush. But Jones should be prioritizing having quality players around him to ensure success with his next team. The Cowboys don’t offer that opportunity. There’s a reason Rush was 5-1 as the starter in previous seasons but is 0-2 as the replacement for injured Dak Prescott this season. The Cowboys have scored just 19 points combined in Rush’s two starts. The Cowboys are committed to Prescott, his contract making him the highest-paid player in the league begins next season. So, there’s no possibility of Jones being the long-term quarterback for the franchise, which is virtually certain to be replacing Mike McCarthy and the coaching staff this offseason. The failure Jones shared with the Giants will be clearly remembered by the Cowboys as they evaluate Jones since they competed against him twice a year. Those contests were filled with images of Jones taking sacks, fumbling and being intercepted. The Cowboys continued their success against the Giants in Week 4 this season, improving to 14-1 against New York since 2017. Their .933 win percentage is the highest by any team versus a division opponent over that span. Prescott has won 13 consecutive games versus Giants, which is tied for the second-longest win streak by any starting quarterback against a single opponent since 1950. DeMarcus Lawrence recorded a sack in that game. It was his ninth career sack against Daniel Jones, his highest sack total against any quarterback in his career. Last season, the Cowboys swept the Giants by a combined score of 89-17. The Cowboys outscored the Giants by 72 points in their two 2023 wins. The previous best against New York was 55 points in 1966. It's doubtful the Cowboys have been favorably impressed by their experiences playing against Jones. It will never not amaze me that every available player is connected to the Cowboys. Why would Daniel Jones want to join a 3-7 team with contract commitment to its starting quarterback for the four years beyond this one. https://t.co/eJIXviPXEh Dallas Cowboys head coach Mike McCarthy even told reporters on Friday they’re not in the business of adding players based on upcoming matchups against their old teams. “He was a prospect I really liked coming out, but we kind of have our head down right now and really focused on working with the guys we have here,” McCarthy said. A team source also told WFAA Cowboys Insider Ed Werder “we’re staying with our guys.” The #Cowboys have no intention of pursuing quarterback Daniel Jones, who was released by the Giants today at his request following his benching earlier in the week for financial reasons. A Cowboys source to me: “We are staying with our guys.” The Cowboys have Cooper Rush, Trey... 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New Delhi, Nov 24 (PTI) Prime Minister Narendra Modi asserted on Sunday that his government considers India's eastern region as the country's growth engine, while the area was considered backward earlier. Addressing a gathering at the "Odisha Parba" event here, the prime minister said investments of Rs 45,000 crore have been approved within 100 days of the formation of a new government in the state. "Odisha has always been a land of seers and scholars. The way the scholars here took our religious texts to every household and connected the public with those, it has played a crucial role in the cultural prosperity of India. "There was a time when India's eastern region and the states there were called backward. However, I consider India's eastern region as the country's growth engine. That is why we have prioritised the development of India's eastern region," he said. "The budget that we now allocate to Odisha is three times higher than what it was 10 years ago. We are working rapidly in every sector for Odisha's development and the budget has been increased by 30 per cent this year," Modi added. The prime minister informed that the Centre is committed to promoting ease of doing business in Odisha and said investments of Rs 45,000 crore have been approved within 100 days of the formation of a Bharatiya Janata Party (BJP) government in the state. "Last year, the G20 Summit was held in India. During the G20 Summit, we showcased the photo of the Sun Temple (in Konark). I am also glad that all four doors of the Jagannath temple (in Puri) are open now. Besides, the Ratna Bhandar of the temple is also open," he added. "Odisha Parba" is a flagship event conducted by the Odia Samaj, a Delhi-based trust engaged in providing valuable support towards the preservation and promotion of Odia heritage. This year, "Odisha Parba" was organised from November 22 to November 24 to showcase the rich heritage of Odisha, displaying colourful cultural forms and exhibiting the vibrant social, cultural and political ethos of the state. (This story has not been edited by THE WEEK and is auto-generated from PTI)
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New Delhi, November 24: On the eve of the Winter Session of Parliament, the government on Sunday appealed to all the parties to ensure smooth conduct of business in the Lok Sabha and the Rajya Sabha, even as representatives of 30 parties highlighted several issues for inclusion in the agenda. Amid expectations of a stormy session, Parliamentary Affairs Minister Kiren Rijiju described as “fruitful” the all-party meeting with 42 leaders and floor managers from all parties that was chaired by veteran BJP leader and Defence Minister Rajnath Singh. The Winter Session is scheduled to be held from November 25 to December 20. Parliament Session 2024: All-Party Meet Ahead of Winter Session Underway, Congress Demands Discussion on Bribery Charges Against Adani Group. "The government is open to discussing all issues, but our only request is to ensure a smooth conduct of proceedings. Raising issues peacefully would ensure that members looking forward to taking part in proceedings are not denied an opportunity to do so," Kiren Rijiju said. "We have taken note of the suggestions regarding issues for discussion made by floor managers of parties and would share them with the Lok Sabha Speaker and Rajya Sabha Chairman," the Union Minister said. Seeking cooperation from all parties, Kiren Rijiju said the business advisory committees of the two Houses would finalise the agenda with the consent of the presiding officers. Winter Session 2024: All-Party Meeting Today at 11 AM in Main Committee Room of Parliament House. The legislative agenda of the session will include the celebration of 75 years of the Constitution on November 26, said Kiren Rijiju, adding that key documents related to the making of the statute would also be released in the presence of President Droupadi Murmu. "A year-long celebration is planned across the country as part of the 75 years of the Constitution," he said, hinting that at least 17 bills are likely to come up for discussion during the session. According to the Rajya Sabha secretariat, 19 sittings of the House are scheduled during the session. The Waqf (Amendment) Bill, pending in Lok Sabha, has also been listed for consideration and passage after a report of the Joint Parliamentary Committee (JPC) is submitted in the Lower House. In all, eight bills are pending in Lok Sabha and two in Rajya Sabha. The developments during the Winter Session, beginning within two days of the declaration of Assembly election results in Maharashtra and Jharkhand, are also likely to reflect the contrasting moods in the ruling NDA and the INDIA bloc after the former won in the western state and the latter retained power in the tribal-majority eastern state. (The above story first appeared on LatestLY on Nov 24, 2024 07:51 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).LANDOVER, Md. (AP) — Austin Seibert missed his second extra point of the game with 21 seconds left after Washington’s Jayden Daniels and Terry McLaurin connected on an 86-yard touchdown, Dallas’ Juanyeh Thomas returned the ensuing onside kick attempt for a touchdown, and the Cowboys pulled out a 34-26 victory Sunday that extended the Commanders’ skid to three games. Seibert, who missed the previous two games with a right hip injury, was wide left on the point-after attempt following a low snap. Thomas then took the kick back 43 yards as the Cowboys (4-7) ended their losing streak at five in improbable fashion. Part of that was the play of backup Cooper Rush, who threw for 247 yards and two TDs in his third start in place of starter Dak Prescott. Part was also the defense forcing two turnovers, as Chauncey Golston ripped the ball out of Brian Robinson Jr.’s hands for what was called an interception of Daniels in the second quarter, and Donovan Wilson stripped John Bates midway through the fourth. KaVonte Turpin provided the fireworks with a spinning, 99-yard kickoff return TD seconds after Daniels found Zach Ertz in the end zone and scored on a 2-point conversion to cut the deficit to three with 3:02 left. In the final three minutes alone, the Commanders (7-5) scored 10 points and allowed Thomas' TD. All that after the score was 10-9 through three quarters before madness ensued. Washington's playoff hopes that looked solid not long ago are now in serious jeopardy after losing to Pittsburgh, Philadelphia and Dallas. Before the scoring outburst late, much of this defeat had to do with Daniels and the offense not being able to find any kind of a rhythm. The Cowboys did, despite playing without their two best offensive linemen, top cornerback and starting tight end. Rush's 6-yard pass to Jalen Tolbert was Dallas' first third-quarter TD of the season, and his 22-yarder to Luke Schoonmaker came after Wilson's forced fumble. Daniels finished 25 of 38 for 274 yards, including his second interception of the game on a failed Hail Mary as the clock expired. Rico Dowdle ran 19 times for 86 yards to spring the upset for the Cowboys, who were 10 1/2-point underdogs on BetMGM Sportsbook. Injuries Cowboys: LG Tyler Smith was inactive with ankle and knee injuries. ... RG Zack Martin (ankle), CB Trevon Diggs (groin/knee) and TE Jake Ferguson (concussion) were ruled out prior to game day and did not travel for the game. Commanders: RB Austin Ekeler was injured on a kickoff return in the final seconds. ... Robinson left with an ankle injury in the first half, returned and then left again. ... RT Andrew Wylie was concussed in the third quarter and did not return. ... C Tyler Biadasz was evaluated for a concussion in the fourth. ... CB Marshon Lattimore (hamstring) missed a third consecutive game since being acquired at the trade deadline from New Orleans. Up next Cowboys: Host the New York Giants on Thursday in the traditional Thanksgiving Day game in Dallas. Commanders: Host the Tennessee Titans next Sunday in Washington’s final game before its late bye week. AP NFL: https://apnews.com/hub/nfl
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As TCU expands its presence both in size and prominence, Victor Boschini, the chancellor of the university for more than two decades, will step away from his role as head of the university. Boschini, who was previously president of Illinois State University before coming to TCU in 2003, will become chancellor emeritus. “TCU is an incredible place and deserves an incredible leader to take us into the next years of student-centered growth, academic excellence and impact,” Boschini said Dec. 2 in a statement. The TCU Board of Trustees has tapped TCU President Daniel W. Pullin as Boschini’s successor. Pullin, who will begin the new role on June 1, 2025, is uniquely poised to build on TCU’s momentum, Boschini added. “He is an inspiring leader with a big vision, and his unbounded energy makes him a force of nature,” Boschini said. Under Boschini’s helm, the university grew its presence by moving up in the U.S. News & World Report national rankings, more than doubling the number of TCU students enrolled and ushering in a new era of athletic success that culminated in a national football championship berth in 2023. Last year, the university celebrated reaching its $1 billion fundraising goal as part of the “Lead On” campaign — the most significant investment in the university since its founding in 1873. TCU also marked a major milestone when it opened a new medical school campus on West Rosedale Street earlier this year. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. But Boschini’s tenure also faced scrutiny, including a summer 2020 meeting where the TCU Faculty Senate considered a vote of no confidence in university leadership over the then-requirement to teach in-person classes, the reduction of employee benefits and the desire for the university to take a stronger stand on racial inequalities on campus. No formal vote was taken, and ultimately faculty had the option to teach remotely in fall 2020. The university launched its Race & Reconciliation Initiative , which has since explored TCU’s relationship with slavery, racism and the Confederacy. Less than a year after the debacle, Boschini said his relationship with faculty members has always been “really good.” Faculty were going through a crisis during the COVID-19 pandemic and needed someone to be mad at, he told the Fort Worth Star-Telegram in 2021. “One thing I’m very proud of; we didn’t release one freakin’ person from TCU,” he said. “Show me a company that didn’t do that around here.” Boschini also alluded to the emotional and physical toll of the job, which “got worse and worse and worse” during the pandemic. He lost sleep — and 15 pounds. At the time, Boschini said his plan was to retire in 2026. Pullin arrived at the university to become the dean of the Neeley School of Business in 2019. He was previously the dean of University of Oklahoma’s business school. Pullin, a graduate of the University of Oklahoma and Harvard Business School, became president of the university in 2023. Discussions about Boschini’s transition began in 2020, and Pullin’s hiring kicked off the succession plan, according to the university. “From the very first moment I stepped onto campus seven years ago, I thought, ‘This place is special,’” Pullin said in a university statement. “As dean of Neeley and now as president, I’ve said that same thing every day. I’ve been inspired by the thoughtful and intelligent students in my classes, by my generous and bright colleagues as we collaborate on projects large and small, and by our community coming together and collaborating on our shared vision for what comes next.” Boschini will still teach, raise money and work on enrollment at the university. In the coming months, Pullin will continue to work closely with Boschini to aid in a seamless transition. The university’s board of trustees is set to ratify the plan to hand the reins to Pullin at its spring 2025 meeting. Both leaders are known for their accessibility and their commitment to the student experience. Pullin can be frequently spotted walking around in his purple Chuck Taylor Converse and talking to students. When TCU’s Facebook page announced Boschini’s stepping away from his role and Pullin taking over, one commenter wrote: “Huuuuge shoes to fill. He bleeds purple, and that is one of the many things we love about him.” Once Pullin becomes chancellor, the position of president will not be replaced, a TCU spokesperson said. Shomial Ahmad is a higher education reporter for the Fort Worth Report, in partnership with Open Campus . Contact her at shomial.ahmad@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . The Texas Tribune partners with Open Campus on higher education coverage. Your support makes TRIPLE the impact today. Tomorrow is Giving Tuesday ! Don’t miss your chance to triple your impact and support local news. Every gift up to $5,000 will be tripled before 11:59 PM on Dec. 3! Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Shomial Ahmad, Fort Worth Report December 2, 2024
[ ] President-elect Donald Trump has nominated Dr. Jay Bhattacharya, an Indian American Stanford University professor and vocal critic of COVID-19 lockdowns, as the next director of the National Institutes of Health. believes Bhattacharya and , a vaccine skeptic he has chosen to lead the Department of Health and Human Services (HHS), would work to restore the nation to health. “Together, Jay and RFK Jr. will restore the NIH to a Gold Standard of Medical Research as they examine the underlying causes of, and solutions to, America’s biggest Health challenges, including our Crisis of Chronic Illness and Disease,” Trump on Tuesday. “Together, they will work hard to Make America Healthy Again!” Both appointments, along with as HHS deputy secretary, are subject to Senate confirmation. If confirmed, Bhattacharya would lead the ’s $47.7 billion budget and oversee 27 institutes and centers. Responding in an , Bhattacharya said he is “honored and humbled” by Trump’s appointment. “We will reform American scientific institutions so that they are worthy of trust again and will deploy the fruits of excellent science to make America healthy again,” he noted. Bhattacharya, a physician and economist, gained prominence in 2020 as a co-author of the , which opposed lockdowns and advocated for achieving herd immunity through natural infection among low-risk groups while protecting the vulnerable. However, many , including former NIH director , dismissed the declaration as “dangerous” and “fringe.” Director-General Tedros Adhanom Ghebreyesus also deemed the approach “unethical,” adding that herd immunity has never been used as a response to an outbreak. Meanwhile, Bhattacharya’s criticism of NIH leadership during the pandemic and his call for reforms have from figures like and . With his nomination, the future of NIH policies and public health strategies may pivot sharply, reflecting Trump’s broader vision for health care reform.American Battery Stock Rises On $10 Million Direct Offering: Retail's Upbeat
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