By Luc Cohen and Jack Queen NEW YORK (Reuters) -A judge on Monday ruled that Donald Trump’s conviction for falsifying records to cover up a sex scandal should stand, rejecting the U.S. president-elect’s argument that a recent Supreme Court ruling nullified the verdict, a court filing showed. Trump’s lawyers argued that having the case hang over him during his presidency would impede his ability to govern. He was initially scheduled to be sentenced on Nov. 26, but Justice Juan Merchan pushed that back indefinitely after Trump defeated Democratic Vice President Kamala Harris in the Nov. 5 election. In a 41-page…
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Cycling is a popular activity in Australia, offering health benefits and an eco-friendly commuting option. However, like all mechanical systems, bicycles can experience issues, particularly with the drivetrain. One of the most common problems cyclists face is the chain falling off, which can disrupt rides and compromise safety. This article identifies the common causes of chain issues and provides practical solutions to help cyclists maintain a smooth and safe riding experience. Understanding why the chain keeps falling off is key to preventing these issues. By addressing the root causes—such as loose bolts, a stretched or dirty chain, and misaligned derailleurs—cyclists…
In a bold policy shift, President Trump recently announced significant tariffs targeting imports from Canada, Mexico, and China. These include a proposed 25% tariff on goods from Canada and Mexico and an additional 10% on imports from China. For General Motors Company (GM), a multinational automotive giant reliant on a complex web of global supply chains, this poses a direct challenge to its cost structure and profitability. GM, with a substantial share of its vehicle components sourced internationally, faces the brunt of these measures. From engine parts from Mexico to electronic modules imported from China, the company’s production model hinges…
Boeing’s South Carolina facility – Photo: Sam Wolfe/Bloomberg (Getty Images) Although Boeing (BA) has been slow to restart production of the planes built by its unionized workforce and has been laying many of them off amid a year of struggles, the company announced it would be making a big investment in a non-unionized plant. The planemaker said last week that it would be sinking $1 billion in the South Carolina plant where it builds 787 Dreamliners and creating 500 jobs there. “I’m thrilled for this next phase of growth, which is made possible by our incredible teammates and the confidence…
A reader says, ” How did you manage your emotions for all those years when you had negative or zero returns? I always had this question about your investing journey. How could you keep faith that it will all turn positive one day? I wouldn’t have done it for so many years. Did some sane advice from someone help you? I find that behavioural control is the most important thing”.“How could you do it at that time when there was not much information probably on the Internet? If you could focus on your psychology or your internal mental turmoil of…
Brake pads are essential components of your vehicle that wear out over time and need regular maintenance or replacement. Recognizing the signs that your brake pads are wearing down is crucial for your safety and the performance of your car. If you notice any of these 10 signs, it may be time to consult with a professional auto shop to schedule a brake pad replacement before further damage occurs. 1. High-Pitched Squealing Noise One of the most common signs that your brake pads need replacing is a squeaking noise when you apply the brakes. This sound is often caused by…
Key Takeaways Shares of Palantir slipped Monday, while MicroStrategy rose, on Friday’s news that they will be added to the Nasdaq 100 index on Monday, Dec. 23, along with Axon Enterprise.The index, which contains the 100 largest non-financial sector companies in the Nasdaq Composite Index, is reconstituted annually.The additions will replace Super Micro Computer, Moderna, and Illumina. Shares of Palantir Technologies (PLTR) fell Monday, while MicroStrategy (MSTR) rose, following the late-Friday news that the companies will join the Nasdaq 100 Index next week. Axon Enterprise (AXON) will also join the index before trading opens on Dec. 23. The trio will…
Selecting an insurance plan can be a hassle. You need to choose the insurance company and then the insurance product. Certain ratios play a key role when comparing insurers. We list the best insurers in terms of different ratios, along with brokers’ ratings depicting their experience of working with insurers, based on the Insurance Brokers Association of India (IBAI) data. All ratios are based on data disclosed for 2022-23 for large private and general insurance companies. Data for 2023-24 is awaited. 1) Solvency ratioIt measures the extent to which an insurance company’s assets cover expected future claims. The Insurance Regulatory…
US debt problems will be felt in the coming years, Jeffrey Gundlach wrote for The Economist.Higher interest rates and a recession amplify US borrowing costs.By 2034, debt servicing could consume 45% of tax revenue, he estimates.America must curb its borrowing binge before it “breaks the bank,” Jeffrey Gundlach said.”Under the next few presidential administrations, the national debt will mushroom beyond the government’s ability service it, perhaps even beyond the credulity of the country’s creditors,” he wrote in The Economist. “In the coming years expect dollar debasement, debt restructuring or both.”The DoubleLine Capital founder is among a group of Wall Street…
Image source: Getty Images Legal & General (LSE: LGEN) shares have enjoyed a nice little spell recently. As I write, the FTSE 100 financial stock is up 7.6% in just over a month. Over five years though, L&G shares have fallen around 24.3%. That’s obviously not great. But the income… The silver lining to that subdued share price is that the dividend yield now stands at a delicious 8.9%. That’s among the highest around in the UK market (or anywhere else). Better still, analysts expect the insurance and asset management firm to pay out 21.8p per share in dividends in…