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Amid claims that the controversial Tax Reform Bills propose a derivation formula for sharing Value Added Tax (VAT) skewed against the North, the Leader of the Senate, Opeyemi Bamidele, has dismissed the allegations as unfounded saying it would favour the North. In a Christmas message personally signed by him, Senator Bamidele maintained that the proposed legislation is “guided purely by the principles of equity, fairness, and justice.” The Senate Leader noted that, contrary to the narrative being promoted in the public space by certain lawmakers from the North, the derivation formula on VAT actually favors certain states in the North West. “For the record, the Tax Reform Bills, when finally enacted, will utterly exempt all employees earning N1,000,000 annually or N83,000 monthly; exempt start-ups, shared services, and technologically driven services from taxation; and recommend zero VAT on essential services and consumables. “Even though it reviews the derivation formula to 60%, this proposal is guided purely by the principles of equity, fairness, and justice. “The new model will ultimately guarantee a significant increase in VAT distributable to every state in the federation. ALSO READ: BREAKING: Tax reform is here to stay — Tinubu “As credible data have shown, for instance, the new model recommends 6.17% for Kano compared to the current 0.89%. It recommends 1.21% for Zamfara compared to the current 0.05%. Meanwhile, Lagos, which currently gets 80.26%, will receive 15.28% under the new model, representing an 81% decrease. “Similarly, Rivers’ share will decline from 7.74% to 4.6%, accounting for a 41% reduction. With these figures, the narrative around the new derivation model is utterly incorrect and unfounded.” Senator Bamidele added, “Amid the debates about the Tax Reform Bills, as Christ our Lord has taught us, and as the Parliament of the people, we shall never pursue any agenda outside our oath of allegiance or undertake policy initiatives that are adversarial to or conflict with the interests and welfare of all our constituents and indeed our Fatherland.” The Senate Leader also appealed to Nigerians to embrace the spirit of the Christmas season to renew their hope in the country. “This is the season never to shy away from the eternal responsibilities God Almighty has committed to our hands. It is the season to renew our resolve to faithfully stand with the political leadership for the renewal of hope. “It is the season to halt the search for pastures that are never green and instead join hands to build our nation with conviction, rebranding it for the ceaseless inflow of global capital and the endless influx of global tourists.” NIGERIAN TRIBUNEFormer Deputy President Rigathi Gachagua accompanied by his wife Pastor Dorcas and family members address journalists at Karen hospital after being discharged from the facility where he had been admitted after falling ill during the Senate proceedings on October 20, 2024. [Stafford Ondego, Standard] Former Deputy President Rigathi Gachagua has said he will give the Mount Kenya people a new political direction in January as his allies revealed plans to craft a new political party and coalition for 2027 election. Gachagua described his 2022 support for President William Ruto as a "political miscalculation" and vowed not to repeat the same mistake as he works with like-minded leaders to unveil a new political direction . Speaking at AIPCA Church in Kangari Muranga the impeached former DP launched a broadside against Ruto and the Kenya Kwanza Alliance government alleging its out of touch with the reality of economic hardship facing Kenyans. Gachagua said Ruto defied his advice against awarding the Indian Group conglomerate, Adani Group, tenders to expand the Jomo Kenyatta International Airport (JKIA) and power transmission lines. The former DP said Ruto was following the footsteps of former President Uhuru Kenyatta's Jubilee Government which was note-deaf to the plight of Kenyans despite complaints or advice from other leaders. He said Ruto betrayed his trust, and his ouster was due to his stand on the Adani deals. Speaking at Kangari AIPCA Church in Kigumo, Murang'a, Gachagua said he was holding a meeting with other leaders to chart the way forward. “I faced the President with courage on issues that were not in order but he defied. Speaking for the interest of Kenyans and my people in the mountain led to my impeachment ,” said Gachagua. He added: "I am holding deliberations with traders, professionals, and leaders from the mountain, and in January next year I will give direction the mountain will follow to chart our destiny,” said Gachagua. Present were host Kigumo MP Joseph Munyoro, Senators Joe Nyutu (Murang’a), Karungo Thangw’a(Kiambu), John Methu (Nyandarua), Kamau Murango( Kirinyaga). Other MPs were James Gakuya, Benjamin Gathiru Embakasi Central), Amos Mwago(Starehe) and Edward Muriu (Gatanga). He said it was a shock that the majority of the leaders in the mountain were still living in denial as some have failed to resonate with the needs of the community they represent. “Ruto is today doing what used to be done by the former region,” said Gachagua, adding that the heckling in Embu and Murang’a should not be blamed on them, but the aftermath of the disturbed mountain. “I had warned them against playing around with the mountain and the people are speaking their minds,” said Gachagua. Stay informed. Subscribe to our newsletter The MPs called for investigations into state officers who allegedly received the Sh9.2 billion bribe from Adan. Gachagua's allies also revealed that they were working on the formation of a political party ahead of the 2027 general election to ensure they had freedom. Gakuya said there was a need for the region to have a political party to ensure its interests would be respected. "We need to chart our destiny to avoid the scenario we are in today in UDA," said Gakuya. Muriu said the government should be told that SHIF is nonperforming thus exposing the residents to challenges. “Leaders should stop being lazy and instead seal the loopholes to siphon and should be courageous and point at the ills in the government,” said Muriu. Thangw’a said the Fundraising Act, before the Senate, was designed to ensure that money raised would be subjected to taxation. “With no performing health sector , those intending for a Harambee must seek a permit two weeks before. I will introduce amendments to ensure it will be friendly to the residents,” said the Kiambu senator. The host, Munyoro, told the government that the leadership will always stand by the truth. "There are a lot of ills happening in Kenya, and tea farmers in Kigumo are demanding a refund of Sh100 Million for the subsided fertiliser," he said. Nyutu said the incidents at Embu and Kirogo villages were actions of the people expressing themselves without being pressurised by the politicians. In Kirogo, during the burial of nominated MCA Mark Wainaina, Nyutu said the residents booed the representative reading the deputy president Prof Kithure Kindiki. "Murang'a Governor Irungu Kang’ata read the sign and handed President William Ruto a message of condolence to the family of Mark to avoid any embarrassment,” said Nyutu.A large cargo ship remains stuck in the St. Lawrence River after running aground on Saturday afternoon. The Tim S. Dool, a 225-metre-long lake freighter, ran aground in U.S. waters just east of Morrisburg, Ont. at approximately 12:30 p.m. The St. Lawrence Seaway Management Corporation says there were no injuries and there is no reported pollution or ingress in the water. The ship is currently stable and remains outside the navigation channel, the corporation said in a statement. "Work is underway to finalize a salvage plan. An update will follow, once the salvage plan is known," the corporation said. The Tim S. Dool is owned the Algoma Central Corporation, a Canadian shipping company. The ship went into service in 1967 with a gross tonnage of 18,700 tons. It services the St. Lawrence River and the Great Lakes. Ottawa Top Stories Police lay more charges against pro-Palestinian demonstrators in Ottawa Cargo ship runs aground in St. Lawrence River near Morrisburg, Ont. Ottawa addiction recovery organization celebrates 41 years Sandy Hill apartment building evacuated for high levels of carbon monoxide Indigenous boy donating hair to cancer patients, raising money for Kemptville hospital Hawkesbury, Ont. OPP officer charged with assault Mixed reaction from Ottawa business owners, customers on GST exemption Ottawa councillor violated Code of Conduct for daycare incident last summer, integrity commissioner concludes CTVNews.ca Top Stories Second Cup closes Montreal franchise over hateful incident Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday. ‘It’s pretty emotional:’ N.B. family escape fire, plan to rebuild home A family in Riverview, N.B., is making plans for Christmas and the future after escaping a fire in their home on November, 14. 'Still working full time on it:' One year later police continue to search for gunman in Caledon double murder linked to ex-Olympian One year after a couple was shot and killed in their Caledon home in what investigators have described as a case of mistaken identity, Ontario Provincial Police say they are still trying to figure out who pulled the trigger. Scurvy resurgence highlights issues of food insecurity in Canada's rural and remote areas A disease often thought to only affect 18th century sailors is reemerging in Canada. A man called 911 for help during a home invasion. Las Vegas police fatally shot him A Las Vegas man called for police help during a home invasion before an officer fatally shot him, according to authorities and 911 calls. These royal residences are opening their doors this Christmas Not so long ago, if you wanted to spend Christmas with the royal family, the only way to get close was to press your nose up to the TV screen during the monarch’s Christmas speech. Cat caught in hunting snare rescued by BC SPCA Donations are ramping up for a BC SPCA cat with a mangled paw after being caught in a hunting snare, one of a rising number of pets to fall prey to the hunting device. Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup Jannik Sinner clinched Italy’s second consecutive Davis Cup title and capped his breakthrough season by beating Netherlands' Tallon Griekspoor. Lotto Max jackpot hits $80M for second time ever The Lotto Max jackpot has climbed to $80 million for just the second time in Canadian lottery history. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 24 Of The Best Host And Hostess Gifts You Can Find Online Right Now The Best Advent Calendars For Women In 2024 All The Best Beauty Stocking Stuffers That Ring In Under $25 Home Our Guide to the Best Jewellery Boxes You Can Find Online Right Now 16 Home Gadgets That'll Make Your Life Easier The 5 Best Drip Coffee Makers In Canada In 2024, Tested and Reviewed Gifts 23 Gifts, Add-Ons, And Stocking Stuffers For Anyone Who Spends A Lot Of Time In Their Car The Ultimate 2024 Holiday Gift Guide For Nature Lovers And Outdoor Adventurers 27 Of The Absolute Best Stocking Stuffers For Men Beauty 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit If You Suffer From Dry Skin, You'll Want To Add At Least One Of These Hydrating Moisturizers To Your Cart Deals These Apple Products Are Majorly On Sale On Amazon Canada Right Now, So It Might Be Time To Upgrade Your Tech Black Friday Has Begun On Amazon Canada: Here Are The Best Deals Black Friday Is Almost Here, But These Deals On Mattresses And Bedding Are Already Live Atlantic ‘It’s pretty emotional:’ N.B. family escape fire, plan to rebuild home A family in Riverview, N.B., is making plans for Christmas and the future after escaping a fire in their home on November, 14. Nova Scotia retirement community asks people to ‘Be a Santa to a Senior’ The Berkeley retirement community is asking people to “Be a Santa to a Senior” by making a donation until December 9 at one of their four locations in the Halifax Regional Municipality. Man arrested in Saint John, N.B., for weapons offences Saint John Police Force in Saint John, N.B., arrested a 30-year-old man for weapons related offenses on Saturday. Toronto Walking pneumonia is on the rise in Canada, but what about Ontario? Doctors and emergency rooms across Canada have said they are seeing an unusual rise in walking pneumonia cases, particularly in children, but what about here in Ontario? 'It's an optimistic space:' Inside Toronto's new drug withdrawal centre Joshua Orson sits on the edge of a bed in a bright, clean room, thinking about his journey from addict to health-care worker. Routes to avoid during the 120th Santa Claus Parade on Sunday The 120th Santa Claus Parade is back in Toronto on Sunday and will bring along some road closures. Montreal Second Cup closes Montreal franchise over hateful incident Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday. Future of virtual doctor appointments in Quebec uncertain as negotiations stall Virtual appointments with family doctors in Quebec may end on Dec. 31, as negotiations between the province and their union remain deadlocked over compensation. Two suspicious fires in Rawdon Provincial police (SQ) are investigating two suspicious fires on the same street within 24 hours in the municipality of Rawdon. Northern Ontario Northern Ont. First Nation files claim against Ontario and Newmont mining Taykwa Tagamou Nation, a Cree First Nation located within Treaty 9, has filed a statement of claim against the Province of Ontario and Newmont, a mining company that owns properties in Timmins. Senior killed in dog attack in northern Ont. An 81-year-old was killed in a dog attack this week in Bonfield, Ont. Police believe three dogs were involved. More carrots pulled from grocery store shelves in expanded recall for E. coli: CFIA The Canadian Food Inspection Agency has announced an expanded recall on carrots over risks of E. coli O121 contamination, according to a notice issued Friday. Windsor How a senior's efforts to craft hats for students knitted his community together A Windsor, Ont., man knitting hats for kids in need has inspired his neighbours to make sure more than just ears are staying warm. Increased police presence in Tecumseh Tecumseh will see more police around Ryegate Drive and Lemire Street, as per OPP. CPKC Holiday Train coming to Chatham-Kent, Windsor-Essex If you were hoping to see the CPKC Holiday Train this year, you’re in luck! The train is chugging through Canada and the U.S., stopping in Chatham-Kent and Windsor-Essex on Monday. London World Champion Jennifer Ogg of London, Ont. among inductees in Canadian Boxing Hall of Fame When Jennifer Ogg signed up an Ironman race in Cozumel, Mex., she had no idea that months later, she’d get the call to be inducted into the Canadian Boxing Hall of Fame. Two displaced in $200,000 house fire The London Fire Department was on scene of a house fire in the city on Sunday. Three people in hospital due to collision Kitchener Kitchener auto repair shop hosts fundraiser for children with disabilities, joined by hockey legend Wendel Clark An auto repair shop based in Kitchener held a special fundraiser Saturday to help children and youth with physical disabilities, with former Maple Leafs captain Wendel Clark in attendance. Colleges and universities face job cuts, deficits amid international student cap Groups representing post-secondary institutions say this may just be the tip of the iceberg, as dramatic drops in international student enrolment exacerbate some schools' existing budget shortfalls. Walking pneumonia is on the rise in Canada, but what about Ontario? Doctors and emergency rooms across Canada have said they are seeing an unusual rise in walking pneumonia cases, particularly in children, but what about here in Ontario? Barrie Driver seriously injured after crashing into tree: OPP An overnight crash in Tiny Township is under investigation, where a car allegedly crashed into a tree and both occupants were taken to hospital. First snowfall hits region Simcoe Muskoka saw its first signs of snow of the season Sunday morning, with a mix of flurries and rain leading to worsening road conditions and police reporting multiple collisions. Local high school basketball team wins provincial championship The Maple Ridge Ravens girls’ basketball team won a gold medal at the Girls AAA OFSAA Championships this weekend in Brampton, defeating the Mother Teresa Spartans 46-42 in comeback fashion. Winnipeg 'I had no idea that they even existed': Family reunites with 80-year-old letters hidden in Winnipeg home The family of a soldier who fought during the Second World War has been reunited with letters written to him 80 years ago. Winnipeg postal workers still collecting letters to Santa amid ongoing strike Here's how Winnipeg families can still deliver their letters to Santa amid the ongoing Canada Post workers' strike. Have you seen Bostyn? Winnipeg police search for missing teenager Winnipeg police are asking the public to help find a 15-year-old girl who went missing Saturday afternoon. Calgary Festival of Lights kicks off 38th year as snow arrives just in time For a while there, Lions Festival of Lights chair Otto Silzer was worried there wouldn’t be any snow to decorate the light show. Snowfall warning lifted as threat of more flurries fades from Sunday forecast The snowfall warning for Calgary has been lifted after a Saturday snowstorm socked the city, and the sun came out while the city dug its way out of some pretty deep drifts. Revival of Pospisil, power play fuels Flames to 4-3 shootout win over Wild A week ago, the Calgary Flames were winning despite Martin Pospisil's slump and the NHL club's weak power play. Edmonton Electric cars a 'hot commodity' in Alberta despite misconceptions Electric vehicles are off Alberta car lots, despite what experts say are some ongoing misconceptions about the technology. Podkolzin snaps scoring slump in Oilers win over Rangers Vasily Podkolzin vowed there's more to come after his first goal with the Edmonton Oilers. Podkolzin scored the game’s first goal and Connor McDavid had two goals and an assist for the Oilers in a 6-2 victory over the New York Rangers on Saturday. Canada Post down eight million parcels amid strike as talks carry on over weekend Canada Post says it has seen a shortage of more than eight million parcels amid an ongoing strike that has effectively shut down the postal system for nine days compared with the same period in 2023. Regina Regina slammed with second snowstorm inside a week Regina is digging itself out yet again – mere days after it was slammed with the first major snowfall of the season. Dinosaur discovery reveals more about ancient Saskatchewan Researchers from McGill University have discovered a first of its kind fossil specimen for Saskatchewan. Regina police searching for answers after man injured by firearm The Regina Police Service (RPS) is searching for information after a man was injured in a firearm- related incident early Saturday morning. Saskatoon Saskatoon schools will be closed Monday following heavy snowfall Saskatoon Public Schools (SPS) has announced that all schools will be closed on Monday due to heavy snowfall and hazardous road conditions. Saskatoon digs out from another snowfall Saskatoon residents are digging out from another major snowfall that blanketed the city overnight. 'I'm excited to take it on': Saskatoon businesses weigh in on GST exemption Some local businesses say the federal government’s recent plan to pull back GST on several items is a positive initiative, but it should have been rolled out earlier in the holiday season. Vancouver Man charged with murder in East Vancouver woman's death A man has been charged with second-degree murder after a woman was found dead in an East Vancouver home this weekend, and police say the suspect and victim were married. B.C. man awarded $800K in damages after being injured by defective bear banger A B.C. man has been awarded nearly $800,000 in damages as compensation for injuries he sustained from a defective bear banger, according to a recent court decision. Vancouver Police Board member resigns over social media posts A member of the Vancouver Police Board was asked to resign after social media posts surfaced that made her continued service on the oversight body “untenable,” according to the chair. Vancouver Island B.C. man awarded $800K in damages after being injured by defective bear banger A B.C. man has been awarded nearly $800,000 in damages as compensation for injuries he sustained from a defective bear banger, according to a recent court decision. BC Hydro says power almost fully restored after B.C. windstorms British Columbia's electric utility says it has restored power to almost all customers who suffered outages during the bomb cyclone earlier this week, but strong wind from a new storm has made repairs difficult in some areas. Fall legislative sitting scrapped in B.C. as Speaker Chouhan confirmed to serve again There won't be a sitting of the British Columbia legislature this fall as originally planned. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. Stay ConnectedWhile Nvidia’s ( NVDA -1.95% ) shares have tripled in value so far this year, its shares dropped more than 10% in the week after it reported fiscal third-quarter earnings. The chipmaker’s shares were down by about 2.3% during Wednesday afternoon trading and was down by almost 10.4% over the past five days. After the company reported record fiscal third-quarter earnings last week, Nvidia’s shares fell by almost 3.5% in after-hours trading . The decline continued the following morning, with the stock dropping around 1%. Despite beating revenue estimates for another straight quarter, Nvidia set its fiscal fourth quarter revenue guidance at $37.5 billion, plus or minus 2% — only slightly above what analysts were expecting. The stock slide deepened Monday, when Nvidia’s shares dropped by more than 4% after Reuters reported that the company’s executive vice president of Worldwide Field Operations Jay Puri had met with Chinese vice commerce minister Wang Shouwen in Beijing. President-elect Donald Trump has pledged to raise tariffs on Chinese imports by 60% or more when he takes office in January, recently adding that he would impose an additional 10% tariff “on all of their many products coming into the United States of America” until China stops the flow of fentanyl and other drugs into the US. These proposed tariffs could spark retaliatory measures from Beijing, with Chinese state media warning Tuesday that “ there are no winners in tariff wars .” China remains a crucial market for Nvidia, accounting for about 17% of the company’s revenue in the year ending January 2024, down from 26% two years earlier due to existing US export restrictions. The company’s latest China-specific chip, the H20, is projected to generate over $12 billion in sales this year, according to research group SemiAnalysis. Meanwhile, the outgoing Biden administration is expected to announce new export controls on China as early as next week, Reuters reported, that could target hundreds of Chinese chip companies. The U.S. has already imposed several trade restrictions to prevent U.S. firms, including Nvidia , from exporting U.S.-made technology to China . 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.

Women will for the first time make up a majority of state legislators in Colorado and New Mexico next year, but at least 13 states saw losses in female representation after the November election, according to a count released Thursday by the Rutgers Center for American Women and Politics. While women will fill a record number of state legislative seats in 2025, the overall uptick will be slight, filling just over third of legislative seats. Races in some states are still being called. "We certainly would like to see a faster rate of change and more significant increases in each election cycle to get us to a place where parity in state legislatures is less novel and more normal," said Kelly Dittmar, director of research at the CAWP, which is a unit of the Eagleton Institute of Politics at Rutgers University. As of Wednesday, at least 2,450 women will serve in state legislatures, representing 33.2% of the seats nationwide. The previous record was set in 2024 with 2,431 women, according to the CAWP. People are also reading... The number of Republican women, at least 851, will break the previous record of 815 state lawmakers set in 2024. "But still, Republican women are very underrepresented compared to Democratic women," Debbie Walsh, director of the CAWP, said. From left, House Maj. Whip Reena Szczepanski, D-Santa Fe, Rep. D. Wonda Johnson, D-Church Rock and Rep. Cristina Parajon, D-Albuquerque, talk July 18 before the start of a special session, in Santa Fe, N.M. Eddie Moore, The Albuquerque Journal States with gains By the most recent count, 19 states will have increased the number of women in their state legislatures, according to the CAWP. The most notable increases were in New Mexico and Colorado, where women will for the first time make up a majority of lawmakers. In New Mexico, voters sent an 11 additional women to the chambers. Colorado previously attained gender parity in 2023 and is set to tip over to a slight female majority in the upcoming year. The states follow Nevada, which was the first in the country to see a female majority in the legislature following elections in 2018. Next year, women will make up almost 62% of state lawmakers in Nevada, far exceeding parity. Women in California's Senate will make up the chamber's majority for the first time in 2025 as well. Women also made notable gains in South Dakota, increasing its number by at least nine. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts Four of South Carolina's Sister Senators, from left, Sen. Margie Bright Matthews, D-Walterboro, Sen. Mia McLeod, I-Columbia, Sen. Katrina Shealy, R-Lexington, and Sen. Penry Gustafson, R-Camden, stand in front of the Senate on June 26 with their John F. Kennedy Profile in Courage award in Columbia, S.C. Jeffrey Collins, Associated Press States that lost At least thirteen states emerged from the election with fewer female lawmakers than before, with the most significant loss occurring in South Carolina. This year, the only three Republican women in the South Carolina Senate lost their primaries after they stopped a total abortion ban from passing. Next year, only two women, who are Democrats, will be in the 46-member Senate. No other state in the country will have fewer women in its upper chamber, according to the CAWP. Women make up 55% of the state's registered voters. Half the members in the GOP dominated state were elected in 2012 or before, so it will likely be the 2040s before any Republican woman elected in the future can rise to leadership or a committee chairmanship in the chamber, which doles out leadership positions based on seniority. A net loss of five women in the legislature means they will make up only about 13% of South Carolina's lawmakers, making the state the second lowest in the country for female representation. Only West Virginia has a smaller proportion of women in the legislature. West Virginia stands to lose one more women from its legislative ranks, furthering its representation problem in the legislature where women will make up just 11% of lawmakers. Why it matters Many women, lawmakers and experts say that women's voices are needed in discussions on policy, especially at a time when state government is at its most powerful in decades. Walsh, director of the CAWP, said the new changes expected from the Trump administration will turn even more policy and regulation to the states. The experiences and perspectives women offer will be increasingly needed, she said, especially on topics related to reproductive rights, healthcare, education and childcare. "The states may have to pick up where the federal government may, in fact, be walking away," Walsh said. "And so who serves in those institutions is more important now than ever." 20 political cartoons draw out Donald Trump's win November 7, 2024: Trump Victory Adam Zyglis Adam Zyglis Get Government & Politics updates in your inbox!Caprock Group LLC lifted its position in shares of Molina Healthcare, Inc. ( NYSE:MOH – Free Report ) by 3.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,460 shares of the company’s stock after buying an additional 47 shares during the period. Caprock Group LLC’s holdings in Molina Healthcare were worth $503,000 as of its most recent SEC filing. A number of other hedge funds have also recently bought and sold shares of the company. Custom Index Systems LLC grew its holdings in Molina Healthcare by 5.0% in the 2nd quarter. Custom Index Systems LLC now owns 690 shares of the company’s stock valued at $205,000 after buying an additional 33 shares during the period. WCM Investment Management LLC grew its holdings in Molina Healthcare by 3.4% in the third quarter. WCM Investment Management LLC now owns 1,080 shares of the company’s stock valued at $369,000 after purchasing an additional 36 shares during the period. Metis Global Partners LLC increased its position in Molina Healthcare by 1.4% during the third quarter. Metis Global Partners LLC now owns 2,785 shares of the company’s stock worth $960,000 after purchasing an additional 39 shares during the last quarter. AlphaMark Advisors LLC raised its stake in Molina Healthcare by 1.1% during the second quarter. AlphaMark Advisors LLC now owns 3,543 shares of the company’s stock worth $1,053,000 after purchasing an additional 40 shares during the period. Finally, Oliver Luxxe Assets LLC boosted its holdings in shares of Molina Healthcare by 1.3% in the 3rd quarter. Oliver Luxxe Assets LLC now owns 4,428 shares of the company’s stock valued at $1,526,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 98.50% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts have issued reports on MOH shares. StockNews.com raised Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Cantor Fitzgerald reissued an “overweight” rating and set a $406.00 target price on shares of Molina Healthcare in a research report on Thursday, October 24th. Barclays lifted their price target on shares of Molina Healthcare from $359.00 to $372.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Molina Healthcare from $354.00 to $353.00 and set a “hold” rating on the stock in a research note on Monday, July 29th. Finally, Wells Fargo & Company upped their price target on shares of Molina Healthcare from $360.00 to $362.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Molina Healthcare presently has a consensus rating of “Moderate Buy” and a consensus target price of $367.17. Molina Healthcare Trading Down 1.8 % Shares of MOH opened at $290.79 on Friday. Molina Healthcare, Inc. has a one year low of $272.69 and a one year high of $423.92. The stock has a 50-day moving average price of $324.43 and a 200 day moving average price of $324.40. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.55 and a current ratio of 1.54. The company has a market capitalization of $16.63 billion, a P/E ratio of 14.89, a P/E/G ratio of 0.97 and a beta of 0.59. Molina Healthcare ( NYSE:MOH – Get Free Report ) last released its earnings results on Wednesday, October 23rd. The company reported $6.01 EPS for the quarter, beating the consensus estimate of $5.96 by $0.05. The company had revenue of $10.34 billion during the quarter, compared to analysts’ expectations of $9.92 billion. Molina Healthcare had a return on equity of 27.88% and a net margin of 2.92%. The business’s revenue was up 21.0% on a year-over-year basis. During the same period in the prior year, the business posted $5.05 EPS. Sell-side analysts forecast that Molina Healthcare, Inc. will post 23.44 EPS for the current fiscal year. Molina Healthcare Profile ( Free Report ) Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California. Featured Stories Receive News & Ratings for Molina Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Molina Healthcare and related companies with MarketBeat.com's FREE daily email newsletter .

That’s exactly what Petr Yan did in his last fight at UFC Macau: Yan won by TKO and is gaining more and more votes among flyweight contenders. The Russian creature stood up; striking and grappling skills led to a unanimous decision victory, ultimately proving his strong stand in the bantamweight division. Petr Yan, who previously lost his bantamweight title to Aljamain Sterling due to a shoulder injury, now aims for the title defense and challenges Dvalishvili to bring fans the rematch. Petr Yan Shoots and Scores: Knocking Figueiredo out in the Decider Petr Yan fought with the former flyweight champion, his opponent Deiveson Figueiredo , in an entertaining match. Figueiredo fought the Russian fighter for five rounds and was badly outmatched by the fighter in a combination of stand-up and ground fighting techniques. Petr Yan was able to stay in control on the ground and suffocate Figueiredo with clean-up strikes, which was pretty diverse. At UFC 303 , Yan’s latest win was his second win in the year 2024 after defeating Song Yadong in the previous fight at UFC 299. There was no delay upon the victory roof to his head; Petr Yan immediately responded with his next plans. After the fight, he was very determined to get back to Merab Dvalishvili and take back his bantamweight belt. Petr Yan, however, brought the memory of the fans and critics to the fact that Figueiredo was heralded as the no. 1 contender in the division, and his victory was a step forward towards getting another shot at the title. Merab Dvalishvili Responds The current bantamweight champion, Merab Dvalishvili, appeared on social media to congratulate Petr Yan. Despite acknowledging the UFC Macau main event fight, Merab Dvalishvili suggested they could fight again by naming a match at UFC 313 in Las Vegas on March 8. The two fought for the last time in March 2023, when Merab Dvalishvili defeated Yan through a unanimous decision in UFC Las Vegas. That loss became a painful stretch for Petr Yan as he extended his string of losses to three and gave up his bantamweight title in a rather dubious disqualification decision against Aljamain Sterling at UFC 259. Since that period, which was difficult for Yan to carry on, he had a couple of wins in 2024. In overwhelming Figueiredo, Volkan’s fans did not just see his technical prowess, which is otherwise a marvel to behold, but also a statement about his standing in the bantamweight category. As for Dvalishvili, he has been on the rampage since his victory over Petr Yan. The Georgian standout knocked out Henry Cejudo at UFC 298 and became the bantamweight champion after a decision win over Sean O’Malley at UFC 306. Conclusion Petr Yan getting back in the bantamweight division has brought out the championship factor in him again, and with his win against Deiveson Figueiredo at the UFC in Macau, he is still a force to reckon with. This has effectively put the cat among the pigeons, with Merab Dvalishvili admitting that a rematch can be expected next year; a fight between these two top-class competitors could shape the division in 2024. It would be one of the possible fights of the year if fans are waiting for a rematch when Petr Yan wants to prove himself and Merab Dvalishvili wants to continue his dominance . This article first appeared on Total Apex Sports and was syndicated with permission.During his first presidency and in his campaign leading up to the 2024 election, Donald Trump repeatedly pledged to crack down on illegal immigration. As president-elect, Trump posted on Truth Social on Nov. 18 confirming his plans to declare a national emergency and use the U.S. military for mass deportations of undocumented immigrants. Trump commented “TRUE!!!” with a repost of a Truth Social post from Tom Fitton, who runs the conservative group Judicial Watch . Fitton’s post reads, “GOOD NEWS: Reports are incoming @RealDonaldTrump administration prepared to declare a national emergency and will use military assets to reverse the Biden invasion through a mass deportation program.” Several VERIFY readers, including Debbie, Jacq and Matty, asked us whether Trump can use the military to carry out mass deportations. THE QUESTION Can the president use the military to carry out mass deportations? THE SOURCES THE ANSWER Yes, it's legal for the president to use the military to help carry out mass deportations and other immigration enforcement actions. The National Guard, with approval from a state's governor, can detain individuals, but the other branches of the military can offer mostly logistical support. WHAT WE FOUND A president has the executive power to deploy the military to assist with immigration enforcement, but there are legal limits on the role the military can play. The Posse Comitatus Act, a 143-year-old law, prohibits the president from using active-duty, full-time service members, such as soldiers or Marines, as a police force, according to the Brennan Center for Justice . That means federal military branches like the U.S. Army or Air Force can’t perform tasks such as detaining individuals or making arrests on U.S. soil, even under a national emergency declaration. David Bier, director of immigration studies at the Cato Institute, explained that active-duty service members, barred from acting like police under Posse Comitatus, would likely focus on non-law enforcement tasks. That could include building infrastructure, like temporary detention facilities, transporting detainees and providing armed backup for domestic law enforcement. The Posse Comitatus Act, however, does not apply to the National Guard, Peter Margulies, a law professor at Roger Williams University, told VERIFY. “The National Guard is a state militia and can be called out by the president with the cooperation of the state governors, and so you could have the National Guard from, let's say, Texas, be used for apprehension. That would not create Posse Comitatus issues,” Margulies said. Trump's post on Truth Social mentioned declaring a national emergency, but the president can request National Guard assistance or federal military assistance with or without declaring a national emergency , according to Chris Mirasola, a contributor for non-profit Lawfare. The Brennan Center for Justice explains that declaring a national emergency grants a president with swift authority during times of crises without waiting for Congressional approval, including diverting federal funds or resources. Both Bier and Margulies told VERIFY Trump's deportation agenda would likely face significant legal challenges and be subject to congressional oversight. And if he declares a national emergency, Congress has the ability to eventually terminate that declaration , but it would require passing a law with a veto-proof supermajority, “which is increasingly difficult in our polarized political environment,” Goitein told VERIFY. Military involvement in immigration enforcement is not unprecedented. In 2019, then-President Trump declared a national emergency to redirect military funds to construct the U.S.-Mexico border wall. More recently, President Joe Biden used a national emergency declaration to deploy the National Guard to the southern border to assist with processing and facility operations tied to drug enforcement. According to Google Trends data , online searches about mass deportation have spiked, with some appearing to link the military's involvement to martial law. Martial law involves the suspension of ordinary law and government functions, with military authorities assuming control. Margulies said even if Trump uses the military in his administration’s deportation efforts, it would not equate to declaring martial law. Margulies explained that martial law hasn’t been used since the Civil War and is “profoundly unlikely” to happen as part of Trump’s proposed initiative because he doesn’t need martial law to execute his deportation plans. The VERIFY team works to separate fact from fiction so that you can understand what is true and false. Please consider subscribing to our daily newsletter , text alerts and our YouTube channel . You can also follow us on Snapchat , Instagram , Facebook and TikTok . Learn More » Follow Us Want something VERIFIED? Text: 202-410-8808