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Stock market today: Wall Street rises at the start of a holiday-shortened week

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks accounted for much of the gains, outweighing losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.7%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1%. Japanese automakers Honda and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.7%, while Nissan ended flat. Eli Lilly rose 3.7% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.5% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. All told, the S&P 500 rose 43.22 points to 5,974.07. The Dow gained 66.69 points to 42,906.95. The Nasdaq rose 192.29 points to 19,764.89. Traders got a look at a new snapshot of U.S. consumer confidence Monday. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under an incoming President Donald Trump. “Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025,” said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets closed mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.

As part of the Government of Punjab’s comprehensive efforts to combat the effects of smog and mitigate its harmful impact, the Bank of Punjab (BOP) has taken a proactive step to protect the health of its employees and customers. In a landmark initiative, BOP has announced the installation of air purifiers across its branches in 18 districts in Punjab which have been severely affected by smog, ensuring a safer and healthier environment for all who visit or work in its premises. As a responsible corporate citizen, BOP is the first in the banking industry to implement such robust protective measures to address this environmental challenge. “The health and safety of our employees and customers are our highest priorities,” said Zafar Masud, President & CEO of the Bank of Punjab. “By equipping our branches with air purifiers, we are providing a safe environment. This initiative not only underscores our commitment to employee welfare but also highlights our dedication to the customers & communities we serve. This is our hope and wish that other organizations follow suit.” The installation of air purifiers is expected to significantly reduce indoor air pollution levels, enabling uninterrupted banking services without compromising health. This initiative aligns with the bank’s broader goals of sustainability, social responsibility, and building trust within its communities. BOP calls upon its stakeholders and the public to take all necessary precautions to safeguard their health during the smog crisis. The bank remains committed to delivering exceptional service while prioritizing the well-being of its employees and customers.Trump victory forces once vocal corner of Wall Street to regroupBaker Mayfield mocks Tommy DeVito's celebration as the Bucs embarrass the Giants 30-7

Tech review: Earbuds and phones for those on your holiday list

ATLANTA--(BUSINESS WIRE)--Nov 21, 2024-- . ( ) ( ), a leader in AI-first supply chain planning software, today reported its second quarter fiscal year 2025 financial results. “Subscription revenues continued to grow, up nine percent year over year in the current quarter, even though we faced a number of headwinds as start dates on a couple of projects pushed out and delayed closing of several late-stage deals in our pipeline,” said Allan Dow, President and CEO of Logility. “While we still expect to secure these opportunities in the current fiscal year, we are revising our revenue guidance to reflect the impact of lower professional services revenue. Our prior guidance for recurring revenue and adjusted EBITDA is unchanged as we remain confident in our ability to grow subscription fees and maintain strong margins.” During Q2’25, the company completed the reclassification (the “Reclassification”) of the Company’s common stock to eliminate its Class B Common Stock. Under the terms of the Reclassification Agreement, each outstanding share of the Company’s Class B Common Stock was exchanged for 1.2 shares of the Company’s Class A Common Stock. In connection with the Reclassification, the Company issued 2,185,904 shares of Class A Common Stock to James C. Edenfield, the beneficial owner of all of the issued and outstanding shares of the Class B Shares (the “Class B Shareholder”), pursuant to that certain Reclassification Agreement, dated April 10, 2024 by and between the Company and the Class B Shareholder. In accordance with ASC 260, Earnings Per Share, net (loss) earnings per share attributable to common stockholders was reduced by the excess of the fair value of the common shares issued over the carrying amount of the Class B shares surrendered which amounted to $3.8 million or $0.11 per share in the current quarter. The overall financial condition of the Company remains strong, with cash and investments of approximately $84.2 million. During the second quarter of fiscal year 2025, the Company paid shareholder dividends of approximately $3.7 million. Key Second Quarter of Fiscal Year 2025 highlights: Conference Call Logility will host a conference call to discuss its second quarter fiscal 2025 results and financial outlook today, November 21, 2024 at 5:00pm ET. Webcast: A replay of the call will also be accessible via the investor relations page of Logility’s website at . Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at . Logility (the “Company”) includes non-GAAP financial measures (EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share) in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP-compliant financial information and may be different from the operating or non-GAAP financial information used by other companies. The Company believes that this presentation of EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations. EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, and income tax expense. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense and non-cash stock-based compensation expense. This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. $ 14,522 $ 13,358 9 % $ 29,313 $ 27,121 8 % 73 229 (68 %) 314 518 (39 %) 3,617 4,003 (10 %) 7,487 7,689 (3 %) 7,074 8,100 (13 %) 14,364 16,263 (12 %) 25,286 25,690 (2 %) 51,478 51,591 0 % 4,678 4,607 2 % 9,372 8,824 6 % 2 93 (98 %) 46 165 (72 %) 2,717 2,856 (5 %) 5,413 5,916 (9 %) 1,380 1,733 (20 %) 2,670 3,428 (22 %) 8,777 9,289 (6 %) 17,501 18,333 (5 %) 16,509 16,401 1 % 33,977 33,258 2 % 4,347 4,269 2 % 8,711 8,518 2 % 5,085 5,313 (4 %) 10,721 11,044 (3 %) 5,850 5,461 7 % 11,283 10,922 3 % 191 129 48 % 382 153 150 % 15,473 15,172 2 % 31,097 30,637 2 % 1,036 1,229 (16 %) 2,880 2,621 10 % 1,180 (577 ) 2,314 1,310 77 % 2,216 652 240 % 5,194 3,931 32 % 478 31 1442 % 1,403 696 102 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % $ - $ 1,742 - $ - $ 1,876 (100 %) $ 1,738 $ 2,363 (26 %) $ 3,791 $ 5,111 (26 %) $ (2,018 ) $ 4,105 (149 %) $ 35 $ 6,987 (99 %) $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % - 0.05 - - 0.05 - (0.11 ) - - (0.11 ) - - $ (0.06 ) $ 0.07 $ - $ 0.14 $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % - 0.05 - - 0.05 - (0.11 ) - - (0.11 ) - - $ (0.06 ) $ 0.07 $ - $ 0.14 (100 %) 33,555 34,071 33,420 34,113 33,555 34,094 33,420 34,127 $ 1,036 $ 1,229 (16 %) $ 2,880 $ 2,621 10 % Amortization of acquisition-related intangibles 850 795 7 % 1,700 1,028 65 % Stock-based compensation 1,609 1,580 2 % 3,195 3,125 2 % 3,495 3,604 (3 %) 7,775 6,774 15 % 14 % 14 % 15 % 13 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % Income Tax Expense 478 31 1442 % 1,403 696 102 % Interest Income (Loss) & Other, Net (1,180 ) 577 (305 %) (2,314 ) (1,310 ) 77 % Amortization of intangibles 852 899 (5 %) 1,711 1,270 35 % Depreciation 316 378 (16 %) 644 738 (13 %) 2,204 2,506 (12 %) 5,235 4,629 13 % Stock-based compensation 1,609 1,580 2 % 3,195 3,125 2 % $ 3,813 $ 4,086 (7 %) $ 8,430 $ 7,754 9 % 9 % 10 % 10 % 9 % 15 % 16 % 16 % 15 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % Amortization of acquisition-related intangibles (4) 719 757 (5 %) 1,423 846 68 % Stock-based compensation (4) 1,362 1,505 (10 %) 2,678 2,572 4 % $ 3,819 $ 2,883 32 % $ 7,892 $ 6,653 19 % $ 0.11 $ 0.08 38 % $ 0.24 $ 0.19 26 % $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % 0.02 0.02 0 % 0.05 0.02 150 % 0.04 0.04 0 % 0.08 0.08 0 % $ 0.11 $ 0.08 38 % $ 0.24 $ 0.19 26 % $ 659 $ 666 (1 %) $ 1,318 $ 874 51 % 191 129 48 % 382 154 148 % $ 850 $ 795 7 % $ 1,700 $ 1,028 65 % $ 90 $ 83 8 % $ 179 $ 161 11 % 192 166 16 % 374 339 10 % 366 381 (4 %) 682 728 (6 %) 961 950 1 % 1,960 1,897 3 % $ 1,609 $ 1,580 2 % $ 3,195 $ 3,125 2 % 15.4 % 4.7 % 16.3 % 17.7 % 21.0 % 21.1 % 15.4 % 17.2 % 16.3 % 19.0 % $ 44,589 $ 59,512 39,631 24,261 16,296 28,043 789 296 17,085 28,339 6,423 6,584 107,728 118,696 5,190 5,554 - 11 45,782 45,782 8,868 10,567 9,011 7,588 3,924 4,246 $ 180,503 $ 192,444 $ 762 $ 1,248 3,060 2,805 3,705 3,657 3,511 5,012 38,057 47,621 49,095 60,343 1,313 1,620 50,408 61,963 130,095 130,481 $ 180,503 $ 192,444 $ (7,321 ) $ 6,436 - 1,618 (7,321 ) 8,054 (280 ) (490 ) - (25,032 ) (280 ) (25,522 ) - 1,825 (280 ) (23,697 ) (7,322 ) (7,514 ) - 246 - (4,814 ) (7,322 ) (12,082 ) (14,923 ) (27,725 ) 59,512 90,696 $ 44,589 $ 62,971 View source version on : CONTACT: Kevin Liu (626) 424-1535 KEYWORD: GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE ARTIFICIAL INTELLIGENCE DATA MANAGEMENT TECHNOLOGY SUPPLY CHAIN MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT RETAIL SOURCE: Logility Supply Chain Solutions, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:05 PM/DISC: 11/21/2024 04:06 PMBY MELISSA GOLDIN Social media users are misrepresenting a report released Thursday by the Justice Department inspector general’s office, falsely claiming that it’s proof the FBI orchestrated the Capitol riot on Jan. 6, 2021. Related Articles National News | OpenAI whistleblower found dead in San Francisco apartment National News | Judge rejects an attempt by Trump campaign lawyer to invalidate guilty plea in Georgia election case National News | Texas’ abortion pill lawsuit against New York doctor marks new challenge to interstate telemedicine National News | US military flies American released from Syrian prison to Jordan, officials say National News | Nearly half of US teens are online ‘constantly,’ Pew report finds The watchdog report examined a number of areas, including whether major intelligence failures preceded the riot and whether the FBI in some way provoked the violence. Claims spreading online focus on the report’s finding that 26 FBI informants were in Washington for election-related protests on Jan. 6, including three who had been tasked with traveling to the city to report on others who were potentially planning to attend the events. Although 17 of those informants either entered the Capitol or a restricted area around the building during the riot, none of the 26 total informants were authorized to do so by the bureau, according to the report. Nor were they authorized to otherwise break the law or encourage others to do so. Here’s a closer look at the facts. CLAIM: A December 2024 report released by the Department of Justice’s Office of the Inspector General is proof that the Jan. 6 Capitol riot was a setup by the FBI. THE FACTS: That’s false. The report found that no undercover FBI employees were at the riot on Jan. 6 and that none of the bureau’s informants were authorized to participate. Informants, also known as confidential human sources, work with the FBI to provide information, but are not on the bureau’s payroll. Undercover agents are employed by the FBI. According to the report, 26 informants were in Washington on Jan. 6 in connection with the day’s events. FBI field offices only informed the Washington Field Office or FBI headquarters of five informants that were to be in the field on Jan. 6. Of the total 26 informants, four entered the Capitol during the riot and an additional 13 entered a restricted area around the Capitol. But none were authorized to do so by the FBI, nor were they given permission to break other laws or encourage others to do the same. The remaining nine informants did not engage in any illegal activities. None of the 17 informants who entered the Capitol or surrounding restricted area have been prosecuted, the report says. A footnote states that after reviewing a draft of the report, the U.S. attorney’s office in Washington said that it “generally has not charged those individuals whose only crime on January 6, 2021 was to enter restricted grounds surrounding the Capitol, which has resulted in the Office declining to charge hundreds of individuals; and we have treated the CHSs consistent with this approach.” The assistant special agent in charge of the Washington Field Office’s counterterrorism division told the inspector general’s office that he “denied a request from an FBI office to have an undercover employee engage in investigative activity on January 6.” He, along with then-Washington Field Office Assistant Director in Charge Steven D’Antuono, said that FBI policy prohibits undercover employees at First Amendment-protected events without investigative authority. Many social media users drew false conclusions from the report’s findings. “JANUARY 6th WAS A SETUP!” reads one X post that had received more than 11,400 likes and shares as of Friday. “New inspector general report shows that 26 FBI/DOJ confidential sources were in the crowd on January 6th, and some of them went into the Capitol and restricted areas. Is it a coincidence that Wray put in his resignation notice yesterday? TREASON!” The mention of Wray’s resignation refers to FBI Director Christopher Wray’s announcement Wednesday that he plans to resign at the end of President Joe Biden’s term in January. Other users highlighted the fact that there were 26 FBI informants in Washington on Jan. 6, but omitted key information about the findings of the report. These claims echo a fringe conspiracy theory advanced by some Republicans in Congress that the FBI played a role in instigating the events of Jan. 6, 2021, when rioters determined to overturn Republican Donald Trump’s 2020 election loss to Democrat Joe Biden stormed the Capitol in a violent clash with police. The report knocks that theory down. Wray called such theories “ludicrous” at a congressional hearing last year. Asked for comment on the false claims spreading online, Stephanie Logan, a spokesperson for the inspector general’s office, pointed The Associated Press to a press release about the report. In addition to its findings about the the FBI’s involvement on Jan. 6, the report said that the FBI, in an action its now-deputy director described as a “basic step that was missed,” failed to canvass informants across all 56 of its field offices for any relevant intelligence ahead of time. That was a step, the report concluded, “that could have helped the FBI and its law enforcement partners with their preparations in advance of January 6.” However, it did credit the bureau for preparing for the possibility of violence and for trying to identify known “domestic terrorism subjects” who planned to come to Washington that day. The FBI said in a letter responding to the report that it accepts the inspection general’s recommendation “regarding potential process improvements for future events.”PORTLAND, Maine (AP) — A pair of conservative groups on Friday challenged a Maine law that limits donations to political action committees that spend independently in candidate elections, arguing that money spent to support political expression is "a vital feature of our democracy.” Supporters of the referendum overwhelmingly approved on Election Day fully expected a legal showdown over caps on individual contributions to so-called super PACs. They hoped the referendum would trigger a case and ultimately prompt the U.S. Supreme Court to clarify the matter of donor limits after the court opened the floodgates to independent spending in its 2010 Citizens United decision. The lawsuit brought by Dinner Table Action and For Our Future, and supported by the Institute for Free Speech, contends the state law limiting individual super PAC donations to $5,000 and requiring disclosure of donor names runs afoul of that Citizens United legal precedent. “All Americans, not just those running for office, have a fundamental First Amendment right to talk about political campaigns,” lawyers wrote in the lawsuit in federal court. “Their ‘independent expenditures,’ payments that fund political expression by those who are not running for office but nonetheless have something to say about a campaign, are a vital feature of our democracy.” Cara McCormick, leader of the Maine Citizens to End Super PACs, which pressed for the referendum, said the lawsuit attempts to undermine the will of the people after an overwhelming majority — 74% of voters — approved the referendum last month. “Super PACs are killing the country and in Maine we decided to do something about it. We want to restore public trust in the political process,” she said. “We want to say that in Maine we are not resigned to the tide of big money. We are the tide.” But Alex Titcomb, executive director of Dinner Table Action, argued Friday that the government “cannot restrict independent political speech simply because some voters wish to limit the voices of their fellow citizens.” Named in the lawsuit are Maine’s attorney general and the state’s campaign spending watchdog, the Maine Commission on Governmental Ethics and Election Practices. The ethics commission is reviewing the complaint, said Jonathan Wayne, executive director. The Maine referendum didn’t attempt to limit spending on behalf of candidates. Instead, it focused on limits on individual donations to super PACS, an area the Supreme Court has not ruled on, observers say. Harvard Law School professor Lawrence Lessig, a longtime advocate for campaign finance reform, contends the U.S. Supreme Court has not ruled on the issue of individual contributions to PACs, and long-established case law supports the notion that states can limit individual contributions to PACs despite a decision to the contrary by the Court of Appeals for the District of Columbia. Lessig, whose Equal Citizens nonprofit backed the Maine referendum, previously said the cap on donations imposed by the referendum "is not asking the Supreme Court to change its jurisprudence, not asking them to overturn Citizens United.” David Sharp, The Associated Press

Greta Gerwig and Noah Baumbach swear they don't have an idea for Barbie 2Marcus Lum Nearly 60 percent of youngsters are not optimistic about Hong Kong's economic prospects, according to a think tank's survey. Youth IDEAS, founded by the Hong Kong Federation of Youth Groups' Youth Research Centre, interviewed 600 young workers aged 18 to 34 from September 28 to October 4, who gave the economic prospects an average score of 5.95 out of 10. The survey found that 59.5 percent of those interviewed expressed concerns about "salary reduction" and "professional knowledge or skills falling behind." Over 80 percent agreed that strategies such as "promoting a mega event economy," "developing digital economy and promoting new quality productive forces," and "strengthening the development of eight major centers" would help promote Hong Kong's development. The survey also found that over 85 percent agreed with "nurturing local talent is a key factor in promoting Hong Kong's economic development" and "learning new technologies is a crucial skill for future employment." Tony Lau Hon-yiu, convener of the think tank's employment and economy group, said Hong Kong's economic transformation requires multiparty cooperation and well-positioned human resource policies. He suggested that the city promote collaboration between applied science universities and enterprises to offer technical training courses that meet industry demands. "Applied science universities should collaborate with enterprises to establish technical training courses focusing on industry needs, such as big data analysis and artificial intelligence, to increase the supply of local technical talent." Lau said companies should be encouraged to introduce paid study leave and tax incentives to strengthen local talent development. He added that mainland technology enterprises should utilize their advanced technologies to enhance training quality and market competitiveness. Local youths can have the opportunity to enhance their value in these emerging industries and find suitable roles and opportunities during the transition period as the administration has been developing the digital economy and innovation technology industries, he said. marcus.lum@singtaonewscorp.com

The AP Top 25 women’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . LOS ANGELES (AP) — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks’ overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program’s previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins’ suffocating defense preventing the Gamecocks from making any sustained scoring runs. Takeaways South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. Key moment The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. Key stats The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. Up next South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. ___ Get poll alerts and updates on the AP Top 25 all season. Sign up here. AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballLogility Reports Second Quarter Fiscal Year 2025 Financial Results

Eknath Shinde was on Sunday elected as Shiv Sena leader in Maharashtra Assembly a day after Mahayuti's massive win in the state. Mumbai: The Shiv Sena on Sunday elected Eknath Shinde as the leader of the party in state assembly, a day after Mahayuti’s historic return to power in Mahrashtra. The proposal to elect him as the leader was proposed by Uday Samant. The Mayayuti won a massive number 230 seats in the 288 member-Assembly, handing over a heavy defeat to the MVA, which got just 46 seats. During the meeting, the party also expressed its gratitude to the people of Maharashtra forthe thumping win and also congratulated Prime Minister Narendra Modi and Home Minister Amit Shah for the big win in the state. All resolutions were passed unanimously by the 57 MLA designates Shiv Sena at a suburban hotel . NCP elects Ajit Pawar as leader in Maharashtra Assembly Earlier in the its Mahayuti partner NCP too elected Ajit Pawar as its Legislative assembly Importantly, it is howevr still not clear when the next government will formed in the state. Shinde, pawar and BJP leader Devendra Fadnavis are expected to reach Delhi tomorrow and discuss government formation with senior BJP leaders. As per sources, the alliance may form the government by November 30. ‘Eknath Shinde should be made CM again’ Meanwhile, Shiv Sena leader Deepak Kesarka felt that Shinde should continue the chief minister of Maharashtra. “Shiv Sena MLAs feel Shinde should continue in the post because under his leadership the Mahayuti worked very well and performed spectacularly in polls,” he was quoted as saying by news agency PTI. However, he added that top leaders of the alliance will decide on the matter. Fadnavis on Saturday had denied any dispute within Mahayuti over thed CM’s post and added that the discussions on the issue will held among the alliance partners. Click for more latest India news . Also get top headlines and latest news from India and around the world at News9. Subhajit Sankar Dasgupta has nearly 18 years of experience. Currently, he is serving as Associate Editor with news9live.com, a part of Associated Broadcasting Company Pvt Ltd. He started his career with The Pioneer and went on to work in a number of media organisations, including IANS, Financial Express Online, The Political and Business Daily, among others. Apart from online media, he has also worked in print media. Among the beats he covers include politics, sports and infrastructure. He has a Master’s degree in Mass Communication from Guru Jambeshwar University. During his free time, he likes to read books and play table tennis.

The claim: US fell from 1st to 24th in education since Department of Education was created in 1979 A Nov. 14 Instagram post ( direct link , archive l i nk ) uses a meme with an image of former President Jimmy Carter to claim U.S. educational achievement has plummeted. “In 1979 I created the Department of Education,” reads on-screen text in the image. “Since then America went from 1st to 24th in education.” X owner Elon Musk made the same claim in a post on X, formerly Twitter, that was reposted 98,000 times. The claim also circulated widely on Instagram . More from the Fact-Check Team: How we pick and research claims | Email newsletter | Facebook page Our rating: False There is no evidence to support the claim. While multiple studies have compared U.S. students to their peers in other countries, none show they ranked first in 1979, nor do any say they ranked 24th in 2024. Tests show mixed results for US students There isn’t a definitive way to rank a country’s education quality, but multiple studies show results contrary to the trend claimed in the post. Martin Carnoy , a professor at Stanford’s Graduate School of Education, told USA TODAY that the claim is “completely inaccurate.” “These are very rough comparisons, but it can be said that U.S. middle school and secondary students have always done poorly on international tests of mathematics compared to students in other developed countries and have done better in science and reading,” Carnoy said. Many U.S. adults believe the country is either average or below average at teaching students science, technology, engineering and math, according to a Pew Research Center survey released in April. Fact check : No, Trump did not name Lauren Boebert education secretary on Nov. 13 But the results of a test measuring students' reading, math and science skills from about 80 countries show more of a mixed bag. In 2022, the test – called the Program for International Student Assessment – found five education systems with higher average reading scores than the U.S., 25 with higher math scores and nine with higher science scores. The test has existed since 2000 , when 32 countries participated. That year, eight countries had higher math scores than the U.S. and seven countries had higher science scores. U.S. students performed “about as well on average” in reading compared to students in other participating countries. U.S. News & World Report ranked the U.S. as the top country for education in 2024 as part of its “Best Countries” rankings , which are based on an international survey of nearly 17,000 people who were asked “whether a country has a well-developed public education system, whether respondents would consider attending university there and if that country has a reputation for top-quality universities.” The news outlet has only ranked countries in that way for nine years . US students weren’t outperforming all other countries in 1979 There is no evidence of any widespread decline in student achievement in the U.S. since 1979, Carnoy said. U.S. math scores have been below many other countries for decades. In the mid-1960s, U.S. 13-year-olds were outperformed in math by students in all but one of the 11 other countries that participated in the First International Mathematics Study, while U.S. students in their last year of high school were ranked last, according to a National Center for Education Statistics report published in 1992. A similar study of math skills conducted in the early 1980s broke the results down by category, and found the U.S. was near the bottom in most of them. A different report published by the National Center for Education Statistics in 1993 analyzed two decades of National Assessment of Educational Progress results. It says “overall trends in science, mathematics and reading suggest few changes in levels of educational achievement.” National Center for Education Statistics charts of reading and math scores for 9-year-olds and 13-year-olds in the U.S. don’t show significant declines since 1979. Rather, math scores are up since then while reading is at about the same level, according to the latest test results from 2022 and 2023. Fact check: No, Trump didn't nominate Amber Rose as education secretary The high school graduation rate in the U.S. for the 1979-80 school year was 71.5%, far below the 87% reported for the 2021–22 school year . The college enrollment rate for those who completed high school has risen from 49.4% in 1979 to 61.4% in 2023 , according to the Bureau of Labor Statistics. It is important to recognize the U.S. doesn’t have only one education system – instead, each state has its own, Carnoy said. “Student performance in some states has increased greatly in the past 30 years, and not so much in other states,” he said. Carter signed the bill that created the Department of Education on Oct. 17, 1979, saying the federal government had “for too long failed to play its own supporting role in education as effectively as it could.” It wasn’t the first time that the U.S. had a Department of Education, though. In 1867, President Andrew Johnson signed a bill that created the country’s first Department of Education, but it was demoted to an office in the Department of the Interior about a year later “due to concern that the department would exercise too much control over local schools,” according to the current Education Department website. President-elect Donald Trump has said he supports eliminating the Department of Education, calling it a “bloated and radical bureaucracy.” USA TODAY reached out to the social media user who shared the post for comment but did not immediately receive a response. Snopes also debunked the claim. Our fact-check sources Thank you for supporting our journalism. You can subscribe to our print edition, ad-free app or e-newspaper here . USA TODAY is a verified signatory of the International Fact-Checking Network, which requires a demonstrated commitment to nonpartisanship, fairness and transparency. Our fact-check work is supported in part by a grant from Meta .