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Immigration measures announced as part of Canada’s border response to president-elect Donald Trump’s 25 per cent tariff threat are starting to be implemented, beginning with a ban on what’s known as “flagpoling.” This is when someone who was in Canada on a temporary visa leaves for the U.S. then quickly re-enters Canada to access immigration services at a port of entry. The restriction on providing work and study permits to flagpolers takes effect today. Last week, Immigration Minister Marc Miller said that going forward temporary visa holders will have to apply online to extend their stay in Canada. The Canadian Border Services Agency processed more than 69,300 people who engaged in flagpoling in the 2023-2024 fiscal year. There are still rare exceptions where a person will be granted a work or study permit even though they meet the definition of flagpoling, including international truck drivers with a work permit, professionals under certain free trade agreements and American citizens. Miller first announced the plan to ban the practice on Dec. 17, alongside Finance Minister Dominic LeBlanc who promised a border control package worth $1.3 billion. This includes removing the point value for having a job offer in Canada’s express entry immigration system. The stated goal of this change is to reduce and prevent immigration fraud. In a social media post, Miller said this will take effect in the spring and that it will be a temporary measure. A broader review of the express entry program is being conducted, and a future decision on the value of a job offer in that system will be made at that time. A labour market impact assessment, a key document required for an employer to hire a foreign worker, is currently worth 50 to 200 points in the express entry system. Applicants are not supposed to pay for these, but a black market has emerged where people are charging tens of thousands of dollars for these documents. Applications that are already in progress won’t be affected once this change takes effect. Miller also said the government is looking at ways to streamline Canada’s asylum system at that Dec. 17 press conference. This includes exploring options to “quickly deal with” illegitimate claims. The government’s broader border measures plan to respond to Trump’s 25 per cent tariff threat also includes enhanced aerial surveillance and drug detection efforts.Michigan's defense of national title fell short, aims to cap lost season with win against Ohio State
TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to lead
Buffalo Next: CleanFiber secures $20M in federal funds to help expand nationally
TEL AVIV, Israel (AP) — Israeli soldiers raided a hospital in isolated northern Gaza after forcing all the patients and most of the doctors to leave, the Palestinian Health Ministry said Tuesday. The Israeli military confirmed its troops had entered the Indonesian Hospital in the town of Jabaliya as part of an operation searching for Hamas fighters. Winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. In the occupied West Bank, the Palestinian city of Bethlehem was marking a somber Christmas Eve under the shadow of war in Gaza, with most festivities cancelled and crowds of tourists absent. Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count. The war was sparked by Hamas’s attack on southern Israel in October 2023, during which about 1,200 people were killed and 250 taken hostage by Palestinian militants. Around 100 hostages are still being held in Gaza, although only two thirds are believed to still be alive. Here’s the latest: WASHINGTON — A leading global food crisis monitor says deaths from starvation will likely pass famine levels in north Gaza as soon as next month. The U.S.-created Famine Early Warning System Network says that’s because to a near-total Israeli blockade of food and other aid in that part of Gaza. The finding, however, appears to have exposed a rift within the Biden administration over the extent of starvation in northern Gaza. The U.S. ambassador to Israel, Jacob Lew, disputes part of the data used in reaching the conclusion and calls the intensified famine warning “irresponsible.” Northern Gaza has been one of the areas hardest-hit by fighting and Israel’s restrictions on aid throughout its 14-month war with Hamas militants. UNITED NATIONS — Israel’s foreign minister has requested an emergency meeting of the U.N. Security Council to condemn recent missile and drone attacks by Yemen’s Houthi rebels, and to condemn the group's Iranian allies for allegedly providing the group with weapons. Gideon Saar said in a letter Tuesday to Ambassador Linda Thomas-Greenfield of the United States, which holds the council presidency this month, that the Houthis are violating international law and council resolutions. “This Iranian-backed terrorist group continues to endanger Israel’s and other nations’ security, as well as the freedom of maritime navigation, in flagrant violation of international law,” Saar said. “All of this malign activity is done as part of a broader strategy to destabilize the region.” The U.S. Mission to the United Nations did not immediately respond to an email asking when the council meeting will be held. The Houthis have said they launched attacks on shipping in the Red Sea – and on Israel -- with the aim of ending Israel’s devastating air and ground offensive in the Gaza Strip. The Israeli war in Gaza followed Hamas’ deadly October 2023 attacks in southern Israel. TEL AVIV, Israel — An Israeli military investigation has concluded that the presence of troops inadvertently contributed to the deaths of six hostages killed by their Hamas captors in Gaza. The hostages' bodies were discovered in a tunnel in late August, an event that shook Israel and sparked some of the largest anti-war protests since the war began. The investigation found that the six hostages were killed by multiple gunshots from their captors after surviving for nearly 330 days. The Israeli military’s “ground activities in the area, although gradual and cautious, had a circumstantial influence on the terrorists’ decision to murder the six hostages,” the report found. According to the investigation, the Israeli military began operating in the area where the hostages were being held in southern Gaza about two weeks before their discovery, under the assumption that the chances of hostages in the area was medium to low. On August 27, hostage Qaid Farhan Alkadi was found alone in a tunnel , causing the Israeli military to halt operations for 24 hours to determine if there could be other hostages in the area. The military discovered the opening leading to the tunnel where the bodies of the six hostages were located on August 30. A pathological report estimated the six hostages were killed on August 29. The six hostages killed were Carmel Gat, Eden Yerushalmi, Alexander Lobanov, Almog Sarusi, Ori Danino, and Hersh Goldberg-Polin , whose American-Israeli parents became some of the most recognized spokespeople pleading for the hostages’ release, including addressing the Democratic National Convention days before their son’s killing. “The investigation published tonight proves once again that the return of all hostages will only be possible through a deal,” the Hostages Families Forum said in response to the investigation. “Every passing moment puts the hostages’ lives in immediate danger.” JERUSALEM — The Israeli negotiating team working on a ceasefire returned from Qatar to Israel on Tuesday, the prime minister’s office said, after what it called “a significant week” of talks. After months of deadlock, the U.S., Qatar and Egypt resumed their mediation efforts in recent weeks and reported greater willingness by the warring sides to reach a deal. According to Egyptian and Hamas officials, the proposed agreement would take place in phases and include a halt in fighting, an exchange of captive Israeli hostages for Palestinian prisoners, and a surge in aid to the besieged Gaza Strip. Israel says Hamas is holding 100 hostages, over one-third of whom are believed to be dead. On Monday, Prime Minister Benjamin Netanyahu said there was “some progress” in efforts to reach a deal, but added he did not know how long it would take. CAIRO — Israeli soldiers took control of a hospital in isolated northern Gaza after forcing all the patients and most of the doctors to leave, the Palestinian Health Ministry said Tuesday. Some of the patients had to walk to another hospital while others were driven by paramedics, according to Health Ministry spokesperson Zaher al-Wahidi. He did not specify how many patients had evacuated. The Israeli military confirmed its troops had entered the Indonesian Hospital in the town of Jabaliya as part of an operation searching for Hamas fighters. The army later said its soldiers had left the hospital. The military said it had assisted with evacuating the patients and had not ordered the hospital closed. However, al-Wahidi said only one doctor and maintenance person were left behind. The Indonesian Hospital is one of three hospitals left largely inaccessible in the northernmost part of Gaza because Israel has imposed a tight siege there since launching an offensive in early October. The Israeli army said Tuesday’s operation at the Indonesian Hospital came after militants carried out attacks from the hospital for the past month, including launching anti-tank missiles and planting explosive devices in the surrounding area. The Health Ministry accused Israel of “besieging and directly targeting” the three hospitals in northern Gaza. Hussam Abu Safiya, the director of Kamal Adwan Hospital, said Israeli drones detonated explosives near the hospital and that 20 people were wounded, including five medical staff. The Israeli military declined to comment on the operation around the hospital. DAMASCUS — Scores of Syrian Christians protested in the capital Damascus on Tuesday, demanding greater protections for their religious minority after a Christmas tree was set on fire in the city of Hama a day earlier. Many of the insurgents who now rule Syria are jihadis, although Ahmad al-Sharaa, the leader of the main rebel group Hayat Tahrir al-Sham, has renounced longtime ties to al-Qaida and spent years depicting himself as a champion of pluralism and tolerance. It remains unclear who set the Christmas tree on fire Monday, which was condemned by a representative of Hayat Tahrir al-Sham who visited the town and addressed the community. “This act was committed by people who are not Syrian, and they will be punished beyond your expectations," the HTS representative said in a video widely shared on social media. "The Christmas tree will be fully restored by this evening.” On Tuesday, protesters marched through the streets of Bab Touma in Damascus, shouting slogans against foreign fighters and carrying large wooden crosses. “We demand that Syria be for all Syrians. We want a voice in the future of our country,” said Patriarch Ignatius Aphrem II of the Syriac Orthodox Church as he addressed the crowd in a church courtyard, assuring them of Christians’ rights in Syria. Since HTS led a swift offensive that overthrew President Bashar Assad earlier this month, Syria’s minority communities have been on edge, uncertain of how they will be treated under the emerging rebel-led government. “We are here to demand a democratic and free government for one people and one nation,” another protester said. “We stand united — Muslims and Christians. No to sectarianism.” DOHA — Qatar’s Foreign Ministry said that ceasefire negotiations to end the war in Gaza were ongoing in Doha in cooperation with Egyptian, Qatari, and American mediators. “We will not leave any door unopened in pursuit of reaching an agreement,” said Majid al-Ansari, Qatar’s Foreign Ministry spokesperson on Tuesday. Al Ansari added that rumors the ceasefire would be reached before Christmas are “speculation.” The ceasefire negotiations come at a time when winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. Families of the approximately 100 hostages who have been held for 445 days in Gaza are also worried their loved ones will not survive another winter. In a press conference, al-Ansari also called on the international community to lift sanctions on Syria as quickly as possible on Tuesday. “The reason was the crimes of the previous regime, and that regime, with all of its authority, is no longer in place, therefor the causes for these sanctions no longer exist today,” he said. DAMASCUS, Syria — American journalist Austin Tice is believed to be still alive, according to the head of an international aid group. Nizar Zakka, who runs the Hostage Aid Worldwide organization, said there has never been any proof that Tice, who has been missing since 2012, is dead. Zakka told reporters in Damascus on Tuesday that Tice was alive in January and being held by the authorities of ousted Syrian President Bashar Assad. He added that U.S. President Joe Biden said in August that Tice was alive. Zakka said he believes Tice was transferred between security agencies over the past 12 years, including in an area where Iranian-backed fighters were operating. Asked if it was possible Tice had been taken out of the country, Zakka said Assad most likely kept him in Syria as a potential bargaining chip. Biden said Dec. 8 that his administration believed Tice was alive and was committed to bringing him home, although he also acknowledged that “we have no direct evidence” of his status. TEL AVIV, Israel — Hannah Katzir, an Israeli woman who was taken hostage on Oct. 7, 2023, and freed in a brief ceasefire last year, has died. She was 78. The Hostages Families Forum, a group representing the families of people taken captive, confirmed the death Tuesday but did not disclose the cause. Her daughter, Carmit Palty Katzir, said in a statement that her mother’s “heart could not withstand the terrible suffering since Oct. 7.” Katzir’s husband, Rami, was killed during the attack by militants who raided their home in Kibbutz Nir Oz. Her son Elad was also kidnapped and his body was recovered in April by the Israeli military, who said he had been killed in captivity. She spent 49 days in captivity and was freed in late November 2023. Shortly after Katzir was freed, her daughter told Israeli media that she had been hospitalized with heart issues attributed to “difficult conditions and starvation” while she was held captive. TEL AVIV, Israel — Israel's military said the projectile was intercepted before crossing into Israeli territory, but it set off air raid sirens overnight in the country's populous central area, sending residents looking for cover. Israel’s rescue service Magen David Adom said a 60-year-old woman was seriously wounded after being hurt on her way to a protected space. There was no immediate comment from Yemen’s Iranian-backed Houthi rebels. It was the third time in a week that fire from Yemen set off sirens in Israel. On Saturday, a missile slammed into a playground in Tel Aviv, injuring 16, after Israel’s air defense system failed to intercept it. Earlier last week, Israeli jets struck Yemen’s rebel-held capital and a port city, killing nine. Israel said the strikes were in response to previous Houthi attacks.Maryland finds shooting touch, downs Maryland Eastern Shore
Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own National Politics | President-elect Trump wants to again rename North America’s tallest peak National Politics | Inside the Gaetz ethics report, a trove of new details alleging payments for sex and drug use But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.Pathstone Holdings LLC reduced its position in Public Service Enterprise Group Incorporated ( NYSE:PEG – Free Report ) by 0.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 49,806 shares of the utilities provider’s stock after selling 173 shares during the period. Pathstone Holdings LLC’s holdings in Public Service Enterprise Group were worth $4,443,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of PEG. Raymond James & Associates boosted its holdings in shares of Public Service Enterprise Group by 315.2% during the second quarter. Raymond James & Associates now owns 2,206,101 shares of the utilities provider’s stock worth $162,590,000 after purchasing an additional 1,674,827 shares during the last quarter. Sound Shore Management Inc. CT acquired a new stake in Public Service Enterprise Group in the 2nd quarter worth about $71,298,000. Hsbc Holdings PLC boosted its stake in Public Service Enterprise Group by 43.2% in the 2nd quarter. Hsbc Holdings PLC now owns 2,426,170 shares of the utilities provider’s stock worth $178,763,000 after buying an additional 732,443 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Public Service Enterprise Group by 381.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 800,848 shares of the utilities provider’s stock valued at $59,023,000 after buying an additional 634,587 shares during the period. Finally, Zurich Insurance Group Ltd FI acquired a new position in shares of Public Service Enterprise Group during the 1st quarter valued at about $28,132,000. 73.34% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of research firms recently issued reports on PEG. Barclays lowered their target price on shares of Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. BMO Capital Markets upped their price objective on Public Service Enterprise Group from $86.00 to $89.00 and gave the stock a “market perform” rating in a report on Monday, October 21st. UBS Group boosted their price target on Public Service Enterprise Group from $94.00 to $98.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Evercore ISI lifted their price objective on Public Service Enterprise Group from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group started coverage on Public Service Enterprise Group in a report on Friday, September 13th. They set a “hold” rating and a $85.00 target price for the company. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Public Service Enterprise Group has an average rating of “Moderate Buy” and an average target price of $86.69. Public Service Enterprise Group Price Performance Shares of PEG stock opened at $92.40 on Friday. The firm has a fifty day simple moving average of $88.38 and a 200-day simple moving average of $80.67. The company has a market capitalization of $46.04 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 3.39 and a beta of 0.61. Public Service Enterprise Group Incorporated has a twelve month low of $56.85 and a twelve month high of $93.00. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. Public Service Enterprise Group ( NYSE:PEG – Get Free Report ) last posted its quarterly earnings data on Monday, November 4th. The utilities provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the prior year, the company posted $0.85 EPS. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Equities research analysts anticipate that Public Service Enterprise Group Incorporated will post 3.66 earnings per share for the current fiscal year. Public Service Enterprise Group Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 annualized dividend and a yield of 2.60%. Public Service Enterprise Group’s dividend payout ratio is presently 58.97%. Insider Buying and Selling at Public Service Enterprise Group In other news, EVP Tamara Louise Linde sold 9,563 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $79.54, for a total value of $760,641.02. Following the completion of the sale, the executive vice president now owns 57,961 shares of the company’s stock, valued at approximately $4,610,217.94. The trade was a 14.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, SVP Richard T. Thigpen sold 5,900 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $87.95, for a total transaction of $518,905.00. Following the transaction, the senior vice president now directly owns 25,829 shares in the company, valued at $2,271,660.55. The trade was a 18.59 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 28,739 shares of company stock valued at $2,467,753 in the last three months. Corporate insiders own 0.57% of the company’s stock. Public Service Enterprise Group Company Profile ( Free Report ) Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. Featured Articles Want to see what other hedge funds are holding PEG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Public Service Enterprise Group Incorporated ( NYSE:PEG – Free Report ). Receive News & Ratings for Public Service Enterprise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Service Enterprise Group and related companies with MarketBeat.com's FREE daily email newsletter .
It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate.
N.J. grandparents were scammed. This guy admitted showing up to collect payments.Bitcoin is tantalizing investors with a strong advance that's bringing its value close to $100,000 per coin. While buying into the cryptocurrency can mean strapping in for a volatile ride, one bullish hedge fund manager sees continued momentum if bitcoin can hit six figures. As of Wednesday afternoon, the price of bitcoin sits around $98,740. The iShares Bitcoin Trust ETF ( ) jumped roughly 3.8% to 56.53 in the stock market today. It's just shy of its Nov. 22 high of 56.86. Bitcoin's value is up more than 115% since the start of 2024. The asset's most dramatic rise came following the U.S. election in November, with Donald Trump's victory raising expectations of a crypto-friendly administration and pullback in regulation. The cryptocurrency has surged about 40% from the election until now. Its value could go even higher — with a surge of momentum once bitcoin passes the $100,000 mark, according to a crypto hedge fund manager. "When a stock breaks a major round number, it not only hits it, it runs way past," Roppel Report founder Jim Roppel told Investor's Business Daily's "Monthly Market Report." Roppel says momentum behind bitcoin will continue, boosted by press coverage of the cryptocurrency's milestone and the stock market's risk-on mentality. Bitcoin's Run Boosted By Trump Bitcoin bottomed in early August, shortly after then-candidate Donald Trump appeared at the Bitcoin 2024 conference in Nashville, Tenn., in late July. Trump has called for a strategic reserve of cryptocurrency held by the government. Momentum in bitcoin continued after Trump's election, with crypto-leveraged ( ) buying an additional 15,400 bitcoins, worth $1.5 billion, in late November. While the company nominally specializes in data analytics and security software, its corporate strategy of converting stock sales to bitcoin makes it the largest corporate holder of the cryptocurrency and a rough proxy for bitcoin's value. "Initially, people thought he might be absolutely crazy, and now he looks kind of more like a genius," said Roppel, referring to MicroStrategy Executive Chairman Michael Saylor. "If bitcoin goes higher, MicroStrategy is going to go significantly higher." Even with his bullish outlook, Roppel cautioned investors about managing risk at current levels. Chasing an extended move, especially in something that has a volatile nature, can lead to investors getting burned. Tesla And Gold Other perceived winners of a bitcoin boom include ( ), led by crypto proponent Elon Musk. The EV company has made its cars available for purchase in select cryptocurrencies in the past, including bitcoin and dogecoin. Musk himself is set to join the Trump administration in an advisory role as co-head of the Department of Government Efficiency. The bullish move in crypto has come at a time when gold has pulled back, with Roppel seeing the traditional safe-haven asset losing prominence. "Bitcoin is a better gold, and the market agrees," he said. Fed chair Jerome Powell, meanwhile, while speaking at the New York Times DealBook Summit on Wednesday.

Immigration measures announced as part of Canada’s border response to president-elect Donald Trump’s 25 per cent tariff threat are starting to be implemented, beginning with a ban on what’s known as “flagpoling.” This is when someone who was in Canada on a temporary visa leaves for the U.S. then quickly re-enters Canada to access immigration services at a port of entry. The restriction on providing work and study permits to flagpolers takes effect today. Last week, Immigration Minister Marc Miller said that going forward temporary visa holders will have to apply online to extend their stay in Canada. The Canadian Border Services Agency processed more than 69,300 people who engaged in flagpoling in the 2023-2024 fiscal year. There are still rare exceptions where a person will be granted a work or study permit even though they meet the definition of flagpoling, including international truck drivers with a work permit, professionals under certain free trade agreements and American citizens. Miller first announced the plan to ban the practice on Dec. 17, alongside Finance Minister Dominic LeBlanc who promised a border control package worth $1.3 billion. This includes removing the point value for having a job offer in Canada’s express entry immigration system. The stated goal of this change is to reduce and prevent immigration fraud. In a social media post, Miller said this will take effect in the spring and that it will be a temporary measure. A broader review of the express entry program is being conducted, and a future decision on the value of a job offer in that system will be made at that time. A labour market impact assessment, a key document required for an employer to hire a foreign worker, is currently worth 50 to 200 points in the express entry system. Applicants are not supposed to pay for these, but a black market has emerged where people are charging tens of thousands of dollars for these documents. Applications that are already in progress won’t be affected once this change takes effect. Miller also said the government is looking at ways to streamline Canada’s asylum system at that Dec. 17 press conference. This includes exploring options to “quickly deal with” illegitimate claims. The government’s broader border measures plan to respond to Trump’s 25 per cent tariff threat also includes enhanced aerial surveillance and drug detection efforts.Michigan's defense of national title fell short, aims to cap lost season with win against Ohio State
TV’s Dr. Oz invested in businesses regulated by agency Trump wants him to lead
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TEL AVIV, Israel (AP) — Israeli soldiers raided a hospital in isolated northern Gaza after forcing all the patients and most of the doctors to leave, the Palestinian Health Ministry said Tuesday. The Israeli military confirmed its troops had entered the Indonesian Hospital in the town of Jabaliya as part of an operation searching for Hamas fighters. Winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. In the occupied West Bank, the Palestinian city of Bethlehem was marking a somber Christmas Eve under the shadow of war in Gaza, with most festivities cancelled and crowds of tourists absent. Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count. The war was sparked by Hamas’s attack on southern Israel in October 2023, during which about 1,200 people were killed and 250 taken hostage by Palestinian militants. Around 100 hostages are still being held in Gaza, although only two thirds are believed to still be alive. Here’s the latest: WASHINGTON — A leading global food crisis monitor says deaths from starvation will likely pass famine levels in north Gaza as soon as next month. The U.S.-created Famine Early Warning System Network says that’s because to a near-total Israeli blockade of food and other aid in that part of Gaza. The finding, however, appears to have exposed a rift within the Biden administration over the extent of starvation in northern Gaza. The U.S. ambassador to Israel, Jacob Lew, disputes part of the data used in reaching the conclusion and calls the intensified famine warning “irresponsible.” Northern Gaza has been one of the areas hardest-hit by fighting and Israel’s restrictions on aid throughout its 14-month war with Hamas militants. UNITED NATIONS — Israel’s foreign minister has requested an emergency meeting of the U.N. Security Council to condemn recent missile and drone attacks by Yemen’s Houthi rebels, and to condemn the group's Iranian allies for allegedly providing the group with weapons. Gideon Saar said in a letter Tuesday to Ambassador Linda Thomas-Greenfield of the United States, which holds the council presidency this month, that the Houthis are violating international law and council resolutions. “This Iranian-backed terrorist group continues to endanger Israel’s and other nations’ security, as well as the freedom of maritime navigation, in flagrant violation of international law,” Saar said. “All of this malign activity is done as part of a broader strategy to destabilize the region.” The U.S. Mission to the United Nations did not immediately respond to an email asking when the council meeting will be held. The Houthis have said they launched attacks on shipping in the Red Sea – and on Israel -- with the aim of ending Israel’s devastating air and ground offensive in the Gaza Strip. The Israeli war in Gaza followed Hamas’ deadly October 2023 attacks in southern Israel. TEL AVIV, Israel — An Israeli military investigation has concluded that the presence of troops inadvertently contributed to the deaths of six hostages killed by their Hamas captors in Gaza. The hostages' bodies were discovered in a tunnel in late August, an event that shook Israel and sparked some of the largest anti-war protests since the war began. The investigation found that the six hostages were killed by multiple gunshots from their captors after surviving for nearly 330 days. The Israeli military’s “ground activities in the area, although gradual and cautious, had a circumstantial influence on the terrorists’ decision to murder the six hostages,” the report found. According to the investigation, the Israeli military began operating in the area where the hostages were being held in southern Gaza about two weeks before their discovery, under the assumption that the chances of hostages in the area was medium to low. On August 27, hostage Qaid Farhan Alkadi was found alone in a tunnel , causing the Israeli military to halt operations for 24 hours to determine if there could be other hostages in the area. The military discovered the opening leading to the tunnel where the bodies of the six hostages were located on August 30. A pathological report estimated the six hostages were killed on August 29. The six hostages killed were Carmel Gat, Eden Yerushalmi, Alexander Lobanov, Almog Sarusi, Ori Danino, and Hersh Goldberg-Polin , whose American-Israeli parents became some of the most recognized spokespeople pleading for the hostages’ release, including addressing the Democratic National Convention days before their son’s killing. “The investigation published tonight proves once again that the return of all hostages will only be possible through a deal,” the Hostages Families Forum said in response to the investigation. “Every passing moment puts the hostages’ lives in immediate danger.” JERUSALEM — The Israeli negotiating team working on a ceasefire returned from Qatar to Israel on Tuesday, the prime minister’s office said, after what it called “a significant week” of talks. After months of deadlock, the U.S., Qatar and Egypt resumed their mediation efforts in recent weeks and reported greater willingness by the warring sides to reach a deal. According to Egyptian and Hamas officials, the proposed agreement would take place in phases and include a halt in fighting, an exchange of captive Israeli hostages for Palestinian prisoners, and a surge in aid to the besieged Gaza Strip. Israel says Hamas is holding 100 hostages, over one-third of whom are believed to be dead. On Monday, Prime Minister Benjamin Netanyahu said there was “some progress” in efforts to reach a deal, but added he did not know how long it would take. CAIRO — Israeli soldiers took control of a hospital in isolated northern Gaza after forcing all the patients and most of the doctors to leave, the Palestinian Health Ministry said Tuesday. Some of the patients had to walk to another hospital while others were driven by paramedics, according to Health Ministry spokesperson Zaher al-Wahidi. He did not specify how many patients had evacuated. The Israeli military confirmed its troops had entered the Indonesian Hospital in the town of Jabaliya as part of an operation searching for Hamas fighters. The army later said its soldiers had left the hospital. The military said it had assisted with evacuating the patients and had not ordered the hospital closed. However, al-Wahidi said only one doctor and maintenance person were left behind. The Indonesian Hospital is one of three hospitals left largely inaccessible in the northernmost part of Gaza because Israel has imposed a tight siege there since launching an offensive in early October. The Israeli army said Tuesday’s operation at the Indonesian Hospital came after militants carried out attacks from the hospital for the past month, including launching anti-tank missiles and planting explosive devices in the surrounding area. The Health Ministry accused Israel of “besieging and directly targeting” the three hospitals in northern Gaza. Hussam Abu Safiya, the director of Kamal Adwan Hospital, said Israeli drones detonated explosives near the hospital and that 20 people were wounded, including five medical staff. The Israeli military declined to comment on the operation around the hospital. DAMASCUS — Scores of Syrian Christians protested in the capital Damascus on Tuesday, demanding greater protections for their religious minority after a Christmas tree was set on fire in the city of Hama a day earlier. Many of the insurgents who now rule Syria are jihadis, although Ahmad al-Sharaa, the leader of the main rebel group Hayat Tahrir al-Sham, has renounced longtime ties to al-Qaida and spent years depicting himself as a champion of pluralism and tolerance. It remains unclear who set the Christmas tree on fire Monday, which was condemned by a representative of Hayat Tahrir al-Sham who visited the town and addressed the community. “This act was committed by people who are not Syrian, and they will be punished beyond your expectations," the HTS representative said in a video widely shared on social media. "The Christmas tree will be fully restored by this evening.” On Tuesday, protesters marched through the streets of Bab Touma in Damascus, shouting slogans against foreign fighters and carrying large wooden crosses. “We demand that Syria be for all Syrians. We want a voice in the future of our country,” said Patriarch Ignatius Aphrem II of the Syriac Orthodox Church as he addressed the crowd in a church courtyard, assuring them of Christians’ rights in Syria. Since HTS led a swift offensive that overthrew President Bashar Assad earlier this month, Syria’s minority communities have been on edge, uncertain of how they will be treated under the emerging rebel-led government. “We are here to demand a democratic and free government for one people and one nation,” another protester said. “We stand united — Muslims and Christians. No to sectarianism.” DOHA — Qatar’s Foreign Ministry said that ceasefire negotiations to end the war in Gaza were ongoing in Doha in cooperation with Egyptian, Qatari, and American mediators. “We will not leave any door unopened in pursuit of reaching an agreement,” said Majid al-Ansari, Qatar’s Foreign Ministry spokesperson on Tuesday. Al Ansari added that rumors the ceasefire would be reached before Christmas are “speculation.” The ceasefire negotiations come at a time when winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. Families of the approximately 100 hostages who have been held for 445 days in Gaza are also worried their loved ones will not survive another winter. In a press conference, al-Ansari also called on the international community to lift sanctions on Syria as quickly as possible on Tuesday. “The reason was the crimes of the previous regime, and that regime, with all of its authority, is no longer in place, therefor the causes for these sanctions no longer exist today,” he said. DAMASCUS, Syria — American journalist Austin Tice is believed to be still alive, according to the head of an international aid group. Nizar Zakka, who runs the Hostage Aid Worldwide organization, said there has never been any proof that Tice, who has been missing since 2012, is dead. Zakka told reporters in Damascus on Tuesday that Tice was alive in January and being held by the authorities of ousted Syrian President Bashar Assad. He added that U.S. President Joe Biden said in August that Tice was alive. Zakka said he believes Tice was transferred between security agencies over the past 12 years, including in an area where Iranian-backed fighters were operating. Asked if it was possible Tice had been taken out of the country, Zakka said Assad most likely kept him in Syria as a potential bargaining chip. Biden said Dec. 8 that his administration believed Tice was alive and was committed to bringing him home, although he also acknowledged that “we have no direct evidence” of his status. TEL AVIV, Israel — Hannah Katzir, an Israeli woman who was taken hostage on Oct. 7, 2023, and freed in a brief ceasefire last year, has died. She was 78. The Hostages Families Forum, a group representing the families of people taken captive, confirmed the death Tuesday but did not disclose the cause. Her daughter, Carmit Palty Katzir, said in a statement that her mother’s “heart could not withstand the terrible suffering since Oct. 7.” Katzir’s husband, Rami, was killed during the attack by militants who raided their home in Kibbutz Nir Oz. Her son Elad was also kidnapped and his body was recovered in April by the Israeli military, who said he had been killed in captivity. She spent 49 days in captivity and was freed in late November 2023. Shortly after Katzir was freed, her daughter told Israeli media that she had been hospitalized with heart issues attributed to “difficult conditions and starvation” while she was held captive. TEL AVIV, Israel — Israel's military said the projectile was intercepted before crossing into Israeli territory, but it set off air raid sirens overnight in the country's populous central area, sending residents looking for cover. Israel’s rescue service Magen David Adom said a 60-year-old woman was seriously wounded after being hurt on her way to a protected space. There was no immediate comment from Yemen’s Iranian-backed Houthi rebels. It was the third time in a week that fire from Yemen set off sirens in Israel. On Saturday, a missile slammed into a playground in Tel Aviv, injuring 16, after Israel’s air defense system failed to intercept it. Earlier last week, Israeli jets struck Yemen’s rebel-held capital and a port city, killing nine. Israel said the strikes were in response to previous Houthi attacks.Maryland finds shooting touch, downs Maryland Eastern Shore
Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own National Politics | President-elect Trump wants to again rename North America’s tallest peak National Politics | Inside the Gaetz ethics report, a trove of new details alleging payments for sex and drug use But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.Pathstone Holdings LLC reduced its position in Public Service Enterprise Group Incorporated ( NYSE:PEG – Free Report ) by 0.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 49,806 shares of the utilities provider’s stock after selling 173 shares during the period. Pathstone Holdings LLC’s holdings in Public Service Enterprise Group were worth $4,443,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of PEG. Raymond James & Associates boosted its holdings in shares of Public Service Enterprise Group by 315.2% during the second quarter. Raymond James & Associates now owns 2,206,101 shares of the utilities provider’s stock worth $162,590,000 after purchasing an additional 1,674,827 shares during the last quarter. Sound Shore Management Inc. CT acquired a new stake in Public Service Enterprise Group in the 2nd quarter worth about $71,298,000. Hsbc Holdings PLC boosted its stake in Public Service Enterprise Group by 43.2% in the 2nd quarter. Hsbc Holdings PLC now owns 2,426,170 shares of the utilities provider’s stock worth $178,763,000 after buying an additional 732,443 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Public Service Enterprise Group by 381.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 800,848 shares of the utilities provider’s stock valued at $59,023,000 after buying an additional 634,587 shares during the period. Finally, Zurich Insurance Group Ltd FI acquired a new position in shares of Public Service Enterprise Group during the 1st quarter valued at about $28,132,000. 73.34% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of research firms recently issued reports on PEG. Barclays lowered their target price on shares of Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. BMO Capital Markets upped their price objective on Public Service Enterprise Group from $86.00 to $89.00 and gave the stock a “market perform” rating in a report on Monday, October 21st. UBS Group boosted their price target on Public Service Enterprise Group from $94.00 to $98.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Evercore ISI lifted their price objective on Public Service Enterprise Group from $92.00 to $95.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group started coverage on Public Service Enterprise Group in a report on Friday, September 13th. They set a “hold” rating and a $85.00 target price for the company. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Public Service Enterprise Group has an average rating of “Moderate Buy” and an average target price of $86.69. Public Service Enterprise Group Price Performance Shares of PEG stock opened at $92.40 on Friday. The firm has a fifty day simple moving average of $88.38 and a 200-day simple moving average of $80.67. The company has a market capitalization of $46.04 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 3.39 and a beta of 0.61. Public Service Enterprise Group Incorporated has a twelve month low of $56.85 and a twelve month high of $93.00. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. Public Service Enterprise Group ( NYSE:PEG – Get Free Report ) last posted its quarterly earnings data on Monday, November 4th. The utilities provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the prior year, the company posted $0.85 EPS. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Equities research analysts anticipate that Public Service Enterprise Group Incorporated will post 3.66 earnings per share for the current fiscal year. Public Service Enterprise Group Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.40 annualized dividend and a yield of 2.60%. Public Service Enterprise Group’s dividend payout ratio is presently 58.97%. Insider Buying and Selling at Public Service Enterprise Group In other news, EVP Tamara Louise Linde sold 9,563 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $79.54, for a total value of $760,641.02. Following the completion of the sale, the executive vice president now owns 57,961 shares of the company’s stock, valued at approximately $4,610,217.94. The trade was a 14.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, SVP Richard T. Thigpen sold 5,900 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $87.95, for a total transaction of $518,905.00. Following the transaction, the senior vice president now directly owns 25,829 shares in the company, valued at $2,271,660.55. The trade was a 18.59 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold a total of 28,739 shares of company stock valued at $2,467,753 in the last three months. Corporate insiders own 0.57% of the company’s stock. Public Service Enterprise Group Company Profile ( Free Report ) Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. Featured Articles Want to see what other hedge funds are holding PEG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Public Service Enterprise Group Incorporated ( NYSE:PEG – Free Report ). Receive News & Ratings for Public Service Enterprise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Service Enterprise Group and related companies with MarketBeat.com's FREE daily email newsletter .
It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate.
N.J. grandparents were scammed. This guy admitted showing up to collect payments.Bitcoin is tantalizing investors with a strong advance that's bringing its value close to $100,000 per coin. While buying into the cryptocurrency can mean strapping in for a volatile ride, one bullish hedge fund manager sees continued momentum if bitcoin can hit six figures. As of Wednesday afternoon, the price of bitcoin sits around $98,740. The iShares Bitcoin Trust ETF ( ) jumped roughly 3.8% to 56.53 in the stock market today. It's just shy of its Nov. 22 high of 56.86. Bitcoin's value is up more than 115% since the start of 2024. The asset's most dramatic rise came following the U.S. election in November, with Donald Trump's victory raising expectations of a crypto-friendly administration and pullback in regulation. The cryptocurrency has surged about 40% from the election until now. Its value could go even higher — with a surge of momentum once bitcoin passes the $100,000 mark, according to a crypto hedge fund manager. "When a stock breaks a major round number, it not only hits it, it runs way past," Roppel Report founder Jim Roppel told Investor's Business Daily's "Monthly Market Report." Roppel says momentum behind bitcoin will continue, boosted by press coverage of the cryptocurrency's milestone and the stock market's risk-on mentality. Bitcoin's Run Boosted By Trump Bitcoin bottomed in early August, shortly after then-candidate Donald Trump appeared at the Bitcoin 2024 conference in Nashville, Tenn., in late July. Trump has called for a strategic reserve of cryptocurrency held by the government. Momentum in bitcoin continued after Trump's election, with crypto-leveraged ( ) buying an additional 15,400 bitcoins, worth $1.5 billion, in late November. While the company nominally specializes in data analytics and security software, its corporate strategy of converting stock sales to bitcoin makes it the largest corporate holder of the cryptocurrency and a rough proxy for bitcoin's value. "Initially, people thought he might be absolutely crazy, and now he looks kind of more like a genius," said Roppel, referring to MicroStrategy Executive Chairman Michael Saylor. "If bitcoin goes higher, MicroStrategy is going to go significantly higher." Even with his bullish outlook, Roppel cautioned investors about managing risk at current levels. Chasing an extended move, especially in something that has a volatile nature, can lead to investors getting burned. Tesla And Gold Other perceived winners of a bitcoin boom include ( ), led by crypto proponent Elon Musk. The EV company has made its cars available for purchase in select cryptocurrencies in the past, including bitcoin and dogecoin. Musk himself is set to join the Trump administration in an advisory role as co-head of the Department of Government Efficiency. The bullish move in crypto has come at a time when gold has pulled back, with Roppel seeing the traditional safe-haven asset losing prominence. "Bitcoin is a better gold, and the market agrees," he said. Fed chair Jerome Powell, meanwhile, while speaking at the New York Times DealBook Summit on Wednesday.