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Arteta wanted his team to prove their European credentials following some underwhelming displays away from home, and the Gunners manager got exactly what he asked for. Goals from Gabriel Martinelli, Kai Havertz, Gabriel Magalhaes, Bukayo Saka and Leandro Trossard got their continental campaign back on track in style following the 1-0 defeat at Inter Milan last time out. A memorable victory also ended Sporting’s unbeaten start to the season, a streak of 17 wins and one draw, the vast majority of which prompted Manchester United to prise away head coach Ruben Amorim. The Gunners had failed to win or score in their two away games in the competition so far this season, but they made a blistering start in the Portuguese capital and took the lead after only seven minutes. Declan Rice fed overlapping full-back Jurrien Timber, who curled a low cross in behind the home defence for Martinelli to finish at the far post. Arsenal doubled their lead in the 20th minute thanks to a glorious ball over the top from Thomas Partey. Saka escaped the clutches of his marker Maximiliano Araujo to beat the offside trap and poke the ball past advancing goalkeeper Franco Israel for Havertz to tap home. It was a scintillating first-half display which completely overshadowed the presence of Viktor Gyokeres in Sporting’s attack. The prolific Sweden striker, formerly of Coventry, has been turning the heads of Europe’s top clubs with his 24 goals in 17 games this season – including a hat-trick against Manchester City earlier this month. But the only time he got a sniff of a run at goal after an optimistic long ball, he was marshalled out of harm’s way by Gabriel. David Raya was forced into one save, tipping a fierce Geovany Quenda drive over the crossbar. But Arsenal added a third on the stroke of half-time, Gabriel charging in to head Rice’s corner into the back of the net. To rub salt in the wound, the Brazilian defender mimicked Gyokeres’ hands-over-his-face goal celebration. That may have wound Sporting up as they came out after the interval meaning business, and they pulled one back after Raya tipped Hidemasa Morita’s shot behind, with Goncalo Inacio netting at the near post from the corner. Former Tottenham winger Marcus Edwards fired over, as did Gyokeres, with Arsenal temporarily on the back foot. But when Martin Odegaard’s darting run into the area was halted by Ousmane Diomande’s foul, Saka tucked away the penalty. Substitute Trossard added the fifth with eight minutes remaining, heading in the rebound after Mikel Merino’s shot was saved, and Gyokeres’ miserable night was summed up when his late shot crashed back off the post.

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TikTok’s future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. A panel of three judges on The U.S. Court of Appeals for the District of Columbia Circuit ruled unanimously that the law withstood constitutional scrutiny, rebuffing arguments from the two companies that the statute violated their rights and the rights of TikTok users in the U.S. The government has said it wants ByteDance, TikTok’s parent company, to divest its stakes. But if it doesn’t and the platform goes away, it would have a seismic impact on the lives of content creators who rely on the platform for income as well as users who use it for entertainment and connection. Here are some details on the ruling and what could happen next: What does the ruling say? In their lawsuit, TikTok and ByteDance, which is also a plaintiff in the case, had challenged the law on various fronts, arguing in part that the statute ran afoul of the First Amendment and was an unconstitutional bill of attainder that unfairly targeted the two companies. But the court sided with attorneys for the Justice Department who said that the government was attempting to address national security concerns and the way in which it chose to do so did not violate the constitution. The Justice Department has argued in court that TikTok poses a national security risk due to its connections to China. Officials say that Chinese authorities can compel ByteDance to hand over information on TikTok’s U.S. patrons or use the platform to spread, or suppress, information. However, the U.S. hasn’t publicly provided examples of that happening. The appeals court ruling, written by Judge Douglas Ginsburg, said the law was “carefully crafted to deal only with control by a foreign adversary.” The judges also rejected the claim that the statute was an unlawful bill of attainder or a taking of property in violation of the Fifth Amendment. Furthermore, Ginsburg wrote the law did not violate the First Amendment because the government is not looking to “suppress content or require a certain mix of content” on TikTok. What happens next? TikTok and ByteDance are expected to appeal the case to the Supreme Court, but it’s unclear whether the court will take up the case. TikTok indicated in a statement on Friday the two companies are preparing to take their case to high court, saying the Supreme Court has “an established historical record of protecting Americans’ right to free speech.” “We expect they will do just that on this important constitutional issue,” a company spokesperson said. Alan Morrison, a professor at The George Washington University Law School, said he expects the Supreme Court to take up the case because of the novelty of the issues raised in the lawsuit. If that happens, attorneys for the two companies still have to convince the court to grant them an emergency stay that will prevent the government from enforcing the Jan. 19 divestiture deadline stipulated in the law, Morrison said. Such a move could drag out the process until the Justices make a ruling. Tiffany Cianci, a TikTok content creator who has supported the platform, said she was not shocked about the outcome of the court’s ruling on Friday because lower courts typically defer to the executive branch on these types of cases. She believes the company will have a stronger case at the Supreme Court. “I believe that the next stages are more likely to produce a victory for TikTokers and for TikTok as a whole,” Cianci said. What about Trump? Another wild card is President-elect Donald Trump, who tried to ban TikTok during his first term but said during the recent presidential campaign that he is now against such action . The Trump transition team has not offered details on how Trump plans to carry out his pledge to “save TikTok.” But spokeswoman Karoline Leavitt said in a statement last month that he plans to “deliver” on his campaign promises. After Trump takes office on Jan. 20th, it would fall on his Justice Department to enforce the law and punish any potential violators. Penalties would apply to any app stores that would violate a prohibition on TikTok and to internet hosting services which would be barred from supporting it. Some have speculated that Trump could ask his Justice Department to abstain from enforcing the law. But tech companies like Apple and Google, which offer TikTok’s app on their app stores, would then have to trust that the administration would not come after them for any violations. Craig Singleton, senior director of the China program at the Foundation for Defense of Democracies, said enforcement discretion — or executive orders — can not override existing law, leaving Trump with “limited room for unilateral action.” There are other things Trump could potentially do. It’s possible he could invoke provisions of the law that allow the president to determine whether a sale or a similar transaction frees TikTok from “foreign adversary” control. Another option is to urge Congress to repeal the law. But that too would require support from congressional Republicans who have overwhelmingly supported the prospect of getting TikTok out of the hands of a Chinese company. In a statement issued Friday, Republican Rep. John Moolenaar of Michigan, chairman of the House Select Committee on China, said he was “optimistic that President Trump will facilitate an American takeover of TikTok” and allow its continued use in the United States. Is anyone trying to buy TikTok? ByteDance has said it won’t sell TikTok . And even if it wanted to, a sale of the proprietary algorithm that powers TikTok is likely to get blocked under Chinese export controls that the country issued in 2020. That means if TikTok is sold without the algorithm, its likely that the buyer would only purchase a shell of the platform that doesn’t contain the technology that made the app a cultural powerhouse. Still, some investors, including Trump’s former Treasury Secretary Steven Mnuchin and billionaire Frank McCourt, have expressed interest in buying it. This week, a spokesperson for McCourt’s Project Liberty initiative, which aims to protect online privacy, said participants in their bid have made informal commitments of more than $20 billion in capital. The spokesperson did not disclose the identity of the participants.Shares of FedEx Corporation FDX are trading lower Tuesday. The stock is continuing the downtrend that began on Dec. 19 when, after the close, the company announced earnings and said it plans to separate its Freight Unit. The chart of FedEx shows some classic examples of what traders refer to as “bad action.” This is why our team of technical analysts has made it our Stock of the Day. Action is something that can't be quantified. For example, if a company beats earnings and the stock moves down, it would be considered “bad action.” If a company misses earnings and the stock goes up it could be considered “good action.” On Dec. 20, FedEx stock opened about $20 higher than the previous day's close. Traders and investors thought the news and earnings were bullish. But by the close, the sellers overpowered the buyers. The shares reversed and gave back all of their gains. This was “weak action” that showed the bears were in charge. Read Also: American Airlines Lifts Christmas Eve Grounding, Shares Bounce Back As you can see on the chart, FedEx broke the support that was at the $275 level. This was another example of “bad action.” There tends to be support at prices that have been resistance. This happens because some people who sold at the resistance regretted doing so when the price eventually moved higher. They decide they will buy their shares back at the same price they were sold for if they can. So, when the stock fell back to $275, they placed buy orders. This concentration of buy orders caused support to form. But the support was only intact for 3 days. There were more sell orders than buy orders, which made the support break and resulted in another move lower. The fact that there has been no rebound or bounce back is a third sign of “bad action.” Typically, if a stock makes a large move lower, it is followed by some rebound or bounce, even though it may be small. If this doesn't happen, it shows that buyers are not entering the market, and the sellers are still in charge. There is a good chance FedEx continues to head lower. Read Next: The World’s Most Valuable Neurotech Company Builds an Alarm System for Your Brain Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.SAINT PAUL, Minn. (AP) — Mariah Keopple and Alexandra Labelle scored their first goals of the season and the Montreal Victoire edged the Minnesota Frost 3-2 on Saturday. Marie-Philip Poulin's goal almost six minutes into the second period was the difference as she converted a 2-on-1 from Laura Stacey and Jennifer Gardiner and Montreal (2-2-0-1), which went 0 for 3 on the power play, won its third straight while handing Minnesota (3-1-1-1) its first regulation loss of the season. Despite having the better control of the action from the start Montreal fell behind 1-0 near the middle of the first period when Claire Thompson and Taylor Heise set up Britta Curl-Salemme for her third goal of the season. But in the last five minutes of the period Keopple scored on a pass from Claire Dalton, and Labelle banged in a rebound of her initial shot. Minnesota pulled into a tie at just 3:17 into the second period when Brooke McQuigge picked up her first goal during a scramble in front of the Montreal goal. Barely 2 1/2 minutes later the Victoire were back on top on Poulin's second goal of the season and Ann-Renee Desbiens, who made 22 saves, made that stand up. Maddie Rooney made 22 saves for Minnesota, which went 0-1 on the power play. Boston plays at Montreal on Monday. The Frost are home against Boston on Thursday. ___ AP women’s hockey: https://apnews.com/hub/womens-hockey The Associated Press

Article content Earlier this year, a senior Bank of Canada official caused a stir by describing Canada’s pattern of declining productivity as an “emergency,” confirming that the issue of productivity is now in the spotlight. That’s encouraging. Boosting productivity is the only way to improve living standards, particularly long term. Today, Canada ranks 18th globally on the most common measure of productivity, with its position dropping steadily over the last several years. Recommended Videos Productivity is the amount of gross domestic product (GDP) or “output” the economy produces using a given quantity and mix of “inputs.” Labour is a key input in the production process, and most discussions of productivity focus on labour productivity. Productivity can be estimated for the entire economy or for individual industries. In 2023, labour productivity in Canada was $63.60 per hour (in 2017 dollars). Industries with above-average productivity include mining, oil and gas, pipelines, utilities, most parts of manufacturing, and telecommunications. Those with comparatively low productivity levels include accommodation and food services, construction, retail trade, personal and household services, and much of the government sector. Due to the lack of market-determined prices, it’s difficult to gauge productivity in the government and non-profit sectors. Instead, analysts often estimate productivity in these parts of the economy by valuing the inputs they use, of which labour is the most important. Within the private sector, there’s a positive linkage between productivity and employee wages and benefits. The most productive industries (on average) pay their workers more. As noted in a February 2024 RBC Economics report, productivity growth is “essentially the only way that business profits and worker wages can sustainably rise at the same time.” Since the early 2000s, Canada has been losing ground vis-a-vis the United States and other advanced economies on productivity. By 2022, our labour productivity stood at just 70% of the U.S. benchmark. What does this mean for Canadians? Chronically lagging productivity acts as a drag on the growth of inflation-adjusted wages and incomes. According to a recent study, after adjusting for differences in the purchasing power of a dollar of income in the two countries, GDP per person (an indicator of incomes and living standards) in Canada was only 72% of the U.S. level in 2022, down from 80% a decade earlier. Our performance has continued to deteriorate since 2022. Mainly because of the widening cross-border productivity gap, GDP per person in the U.S. is now $22,000 higher than in Canada. RECOMMENDED VIDEO Addressing Canada’s “productivity crisis” should be a top priority for policymakers and business leaders. While there’s no short-term fix, the following steps can help to put the country on a better productivity growth path. – Increase business investment in productive assets and activities. Canada scores poorly compared to peer economies in investment in machinery, equipment, advanced technology products and intellectual property. We also must invest more in trade-enabling infrastructure such as ports, highways and other transportation assets that link Canada with global markets and facilitate the movement of goods and services within the country. – Overhaul federal and provincial tax policies to strengthen incentives for capital formation, innovation, entrepreneurship and business growth. – Streamline and reduce the cost and complexity of government regulation affecting all sectors of the economy. – Foster greater competition in local markets and scale back government monopolies and government-sanctioned oligopolies. – Eliminate interprovincial barriers to trade, investment and labour mobility to bolster Canada’s common market. Jock Finlayson is a senior fellow at the Fraser Institute

Former PM Manmohan Singh passes away