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KBC Group NV decreased its holdings in Lucid Group, Inc. ( NASDAQ:LCID – Free Report ) by 18.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,415 shares of the company’s stock after selling 6,349 shares during the period. KBC Group NV’s holdings in Lucid Group were worth $97,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sanctuary Advisors LLC purchased a new stake in Lucid Group in the second quarter valued at approximately $26,000. Accredited Investors Inc. acquired a new position in shares of Lucid Group in the 2nd quarter valued at $27,000. Frank Rimerman Advisors LLC grew its stake in shares of Lucid Group by 925.0% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 10,250 shares of the company’s stock valued at $27,000 after buying an additional 9,250 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of Lucid Group during the 2nd quarter worth $34,000. Finally, Pine Valley Investments Ltd Liability Co raised its position in shares of Lucid Group by 34.9% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 13,710 shares of the company’s stock worth $36,000 after buying an additional 3,549 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock. Analyst Ratings Changes A number of research firms have issued reports on LCID. Needham & Company LLC reissued a “hold” rating on shares of Lucid Group in a research report on Friday, November 8th. R. F. Lafferty upgraded Lucid Group from a “hold” rating to a “buy” rating and set a $4.00 target price for the company in a report on Monday, November 11th. Robert W. Baird restated a “neutral” rating and issued a $3.00 price target on shares of Lucid Group in a report on Monday, October 7th. Royal Bank of Canada decreased their price objective on shares of Lucid Group from $3.00 to $2.00 and set a “sector perform” rating for the company in a research note on Tuesday. Finally, Cfra set a $2.00 target price on shares of Lucid Group in a research note on Thursday, October 17th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $3.16. Lucid Group Trading Up 1.9 % LCID opened at $2.10 on Friday. The firm’s 50 day moving average is $2.83 and its 200-day moving average is $3.04. Lucid Group, Inc. has a 52-week low of $1.93 and a 52-week high of $5.31. The company has a quick ratio of 3.26, a current ratio of 3.71 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $6.32 billion, a P/E ratio of -1.57 and a beta of 1.11. Insider Buying and Selling In other Lucid Group news, Director Public Investment Fund purchased 374,717,927 shares of Lucid Group stock in a transaction that occurred on Wednesday, October 30th. The stock was purchased at an average price of $2.59 per share, with a total value of $970,519,430.93. Following the completion of the acquisition, the director now owns 8,041,393 shares of the company’s stock, valued at approximately $20,827,207.87. This trade represents a -102.19 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . 61.26% of the stock is currently owned by insiders. Lucid Group Company Profile ( Free Report ) Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Further Reading Want to see what other hedge funds are holding LCID? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lucid Group, Inc. ( NASDAQ:LCID – Free Report ). Receive News & Ratings for Lucid Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lucid Group and related companies with MarketBeat.com's FREE daily email newsletter .NoneWarren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death
D.R. Horton director Barbara Allen sells $921,515 in stock
Only about 2 in 10 Americans approve of Biden's pardon of his son Hunter, poll findsBieber re-signs with GuardiansDrew Lock matched his career high of four touchdown passes and also rushed for a score and the New York Giants snapped their franchise-record 10-game losing streak with an entertaining 45-33 victory over the Indianapolis Colts on Sunday in East Rutherford, N.J. Malik Nabers had seven receptions for a career-best 171 yards and two touchdowns to exceed 100 receptions and 1,000 yards during his strong rookie campaign. New York (3-13) registered a season best for points scored by more than tripling its league-worst season average of 14.3 per game. The setback eliminated the Colts (7-9) from the AFC playoff race. Lock completed 17 of 23 passes for 309 yards, and Wan'Dale Robinson and Darius Stayton also had receiving scores for the Giants, who won at home for the first time this season. Ihmir Smith-Marsette returned a kickoff 100 yards for a touchdown. Joe Flacco started for Indianapolis with Anthony Richardson (back/foot) sidelined and completed 26 of 38 passes for 330 yards and two touchdowns. But he also was intercepted twice and lost a fumble. Jonathan Taylor rushed for 125 yards and two touchdowns on 32 carries, Michael Pittman Jr. had nine receptions for 109 yards and one touchdown, and Alec Pierce caught six passes for 122 yards and a score. Indianapolis pulled within 35-33 on Flacco's 7-yard touchdown pass to Pittman with 6:38 remaining. The Giants answered with Lock's 5-yard scramble with 2:57 left to push the lead to nine. After Flacco was picked off by Dru Phillips, Graham Gano tacked on a 30-yard field goal to put the game away. New York held an eight-point halftime lead before Smith-Marsette fielded the opening kickoff of the second half and returned it for a touchdown to give the Giants a 28-13 advantage. The Colts answered with Taylor's 26-yard run to move within eight with 11:03 left in the third quarter. Flacco threw a 13-yard touchdown pass to Pierce with 10:53 remaining in the game to move Indianapolis within two. A trick play on the two-point conversion failed. New York increased its lead to nine just more than two minutes later when Nabers caught a short pass at midfield and easily shed two tacklers before sprinting down the right sideline for a 59-yard score. Lock tossed three first-half touchdown passes as the Giants led 21-13 at the break. Nabers caught a short pass in the right flat and raced 31 yards for a score to give New York a 7-3 lead with 1:05 left in the opening quarter. He finished the day with 104 receptions for 1,140 yards. Lock tossed touchdown passes of 32 yards to Slayton and 5 yards to Robinson while increasing the lead to 21-6. Taylor scored on a 3-yard run with 20 seconds remaining. --Field Level Media
G7 foreign ministers push for Israel-Hezbollah ceasefire
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ECU CB Shavon Revel Jr. declares for NFL draftVictory Capital Management Inc. Has $4.06 Million Stock Position in Teradata Co. (NYSE:TDC)
Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say ALTOONA, Pa. (AP) — New York City’s police commissioner says the gun found on the suspect in the killing of UnitedHealthcare’s CEO matches shell casings found at the crime scene. Commissioner Jessica Tisch also said Wednesday that lab results matched suspect Luigi Mangione’s prints to a water bottle and a snack bar wrapper found near the scene of the killing. Police had said earlier that they believed the gunman bought the items at a nearby coffee shop while awaiting his target. Mangione is jailed in Pennsylvania on weapon and forgery charges, but he also has been charged in New York with murder in Brian Thompson's death. His lawyer has noted that Mangione is presumed innocent. Authorities are scrutinizing evidence and the suspect’s experiences with the health care industry. Arguments over whether Luigi Mangione is a 'hero' offer a glimpse into an unusual American moment Memes and online posts in support of 26-year-old Luigi Mangione, who's charged with killing UnitedHealthcare's CEO, have mushroomed online. Some cast Mangione as a hero. That's too far, says Pennsylvania Gov. Josh Shapiro, a rising Democrat who was almost the Democratic vice presidential nominee this year. CEO Brian Thompson's death touched off off these ripples. They offer a glimpse into how so many different aspects of 21st-century life can be surreally connected, from public violence to politics, from health care to humor, or attempts at it. The Trump and Biden teams insist they're working hand in glove on foreign crises WASHINGTON (AP) — President-elect Donald Trump doesn’t think much of Joe Biden’s foreign policy record. He frequently casts the outgoing Democratic president as a feckless leader who shredded American credibility around the world during his four-year term. But the Trump and Biden national security teams have come to an understanding that they have no choice but to work together as conflicts in Gaza, Syria and Ukraine have left a significant swath of the world on a knife’s edge. It’s fuzzy how much common ground Biden and Trump’s teams have found as they navigate crises that threaten to cause more global upheaval as Trump prepares to settle back into the White House. FBI Director Wray says he intends to resign before Trump takes office in January WASHINGTON (AP) — FBI Director Christopher Wray says he plans to resign at the end of President Joe Biden’s term in January. The announcement Wednesday comes a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the position. His impending resignation will bring him three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations. Trump applauded the news Wednesday, saying it will end the weaponization of what he called the “Department of Injustice.” Syrians flock to morgues looking for loved ones who perished in Assad's prisons DAMASCUS (AP) — Many bodies have been found in Syrian detention centers and prisons since President Bashar al-Assad's government fell. Now Syrians around the world are circulating images of the corpses in hopes that they will see slain loved ones whose fate had been a mystery. At the morgue visited by The Associated Press on Wednesday in Damascus, families flocked to a wall where some of the pictures were pinned in a haunting gallery of the dead. Relatives desperately scanned the images for a recognizable face. Some of the prisoners died just weeks ago. Others perished months earlier. US warns Russia may be ready to use new lethal missile against Ukraine again in 'coming days' WASHINGTON (AP) — The Pentagon says Russia could launch its lethal new intermediate-range ballistic missile against Ukraine again soon. Pentagon spokeswoman Sabrina Singh cited a U.S. intelligence assessment in telling reporters on Wednesday that an attack could come “in the coming days.” She says the U.S. does not consider the Oreshnik missile a game changer on the battlefield. But that Russia is using the weapon to intimidate Ukraine as both sides wrestle for an advantage that will give them leverage in any negotiations to end the war. The Russian Defense Ministry also is warning it may retaliate against Kyiv for an attack on a military base in the Rostov region in southern Russia on Wednesday. Israeli strikes on Gaza kill at least 33 including children, Palestinian medics say DEIR AL-BALAH, Gaza Strip (AP) — Palestinian medical officials say Israeli strikes on the Gaza Strip have killed at least 33 people. One of the strikes hit a home where displaced people were sheltering in the isolated north, killing 19. A separate strike outside nearby Kamal Adwan Hospital killed a woman and her two children, and another strike in central Gaza killed at least seven people. Israel's military says it tries to avoid harming civilians and accuses militants of hiding among them, putting their lives in danger. Local health officials say Israel’s retaliatory offensive after the Hamas attack on Oct. 7, 2023 has killed over 44,000 Palestinians in Gaza. Hannah Kobayashi, missing Hawaii woman whose disappearance prompted a massive search, is found safe LOS ANGELES (AP) — Hannah Kobayashi has been found safe. That’s according to the Los Angeles Police Department. Kobayashi vanished last month in Los Angeles. The missing Hawaii woman's disappearance prompted a massive search and a missing persons investigation. It was not immediately clear where she was found, but police previously said she had voluntarily crossed the border into Mexico. The LAPD said Wednesday the department will wrap up its investigation. Kobayashi's family reported her missing to law enforcement on Nov. 11 after relatives received “strange and cryptic, just alarming” text messages. Kobayashi’s mother and sister said they are “grateful” she has been found safe. Wisconsin kayaker who faked his death and fled the country is charged after returning to US GREEN LAKE, Wis. (AP) — Authorities say a Wisconsin man who faked his own drowning and left his wife and three children for Eastern Europe has willingly returned to the U.S. Ryan Borgwardt is charged with obstruction, a misdemeanor. A not-guilty plea was entered by a judge Wednesday, a day after Borgwardt's return. The judge also set bond at $500 for the obstruction charge, though Borgwardt only has to pay if he violates the conditions of his release. Green Lake County Sheriff Mark Podoll says Borgwardt “came back on his own” because of his family. Investigators say the 45-year-old was living in the country of Georgia. Saudi Arabia will host the 2034 World Cup. But when exactly? ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament. Key issues include during which part of the year to stage the tournament, where to play the games, whether alcohol will be allowed at all and how to protect workers rights in the massive construction projects required to host the World Cup.
Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his deathScott Barnes Reflects On Impressive Season
AP Trending SummaryBrief at 4:09 p.m. ESTBrock Bowers of the Las Vegas Raiders moved past Pro Football Hall of Famer Mike Ditka on Sunday to set the NFL record for most receiving yards by a tight end in his rookie season and also set the record for most receptions by a rookie, regardless of position. Bowers has 108 receptions to top the mark set last season by Puka Nacua (105) of the Los Angeles Rams. Bowers' yardage stands at 1,144 after having seven receptions for 77 yards in a 25-10 road victory over the New Orleans Saints. Bowers also set a franchise receptions for catches in a season, surpassing Darren Waller (107 in 2020). "It's awesome," Bowers said of the records in a postgame interview on Fox. "You never know what to expect coming up to the next level. It's been everything and more." Bowers' third catch on Sunday -- a 13-yard grab late in the second quarter against the Saints -- pushed his season total to 1,087 yards. Ditka totaled 1,076 receiving yards in 14 games with the Chicago Bears in 1961. Bowers, 22, set the record for receptions by a rookie tight end earlier this season by eclipsing the total of 86 reeled in by Sam LaPorta of the Detroit Lions in 2023. Bowers was selected by the Raiders with the 13th overall pick of the 2024 NFL Draft. Despite all his catches, he has just four scoring receptions. While with Georgia, Bowers was the first back-to-back winner of the Mackey Award (2022, 2023), which is given to the top tight end in college football. --Field Level MediaEncompass Health Co. (NYSE:EHC) Shares Sold by GSA Capital Partners LLP
Buchanan scores 28 off the bench, Boise State downs South Dakota State 83-82The Sydney Swans have been struck by a major bombshell, with long-serving coach John Longmire set to announce his decision to walk away from the job. The 53-year-old was expected to inform the Swans playing group of his decision to quit on Tuesday morning, the Herald Sun reported, with a press conference set to confirm his departure in the afternoon. Longmire's move comes two months after the Swans were hammered 120 (18.12) to 60 (9.6) by the Brisbane Lions in the 2024 AFL Grand Final. It was the New South Welshman's fourth Grand Final defeat in five attempts with the Bloods, taking the premiership drought out to 12 years. Longmire brought the Swans' fifth flag to Sydney in 2012, in just his second year at the helm after replacing premiership-winning coach Paul Roos after the 2010 season. Grand Final defeats continued for the Sydney club, losing to Hawthorn in 2014, the Western Bulldogs in 2016, Geelong in 2022 and the Lions this year. Each of those Grand Finals, with the exception of the 2022 decider, the Swans went into the decider after winning the Minor Premiership. The coach has an extraordinary winning record with the Swans, winning 208 of his 333 games in charge. He has also failed to guide the Swans to the finals on just two occasions, proving his ability to keep taking the side deep into the competition. More to come.
President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in health care, tech, and food companies that would pose significant conflicts of interest. Oz’s holdings, some shared with family, included a stake in UnitedHealth Group worth as much as $600,000, as well as shares of pharmaceutical firms and tech companies with business in the health care sector, such as Amazon. Collectively, Oz’s investments total tens of millions of dollars, according to financial disclosures he filed during his failed 2022 run for a Pennsylvania U.S. Senate seat. Trump said Tuesday he would nominate Oz as administrator of the Centers for Medicare & Medicaid Services. The agency’s scope is huge: CMS oversees coverage for more than 160 million Americans, nearly half the population. Medicare alone accounts for approximately $1 trillion in annual spending, with over 67 million enrollees. UnitedHealth Group is one of the largest health care companies in the nation and arguably the most important business partner of CMS, through which it is the leading provider of commercial health plans available to Medicare beneficiaries. UnitedHealth also offers managed-care plans under Medicaid, the joint state-federal program for low-income people, and sells plans on government-run marketplaces set up via the Affordable Care Act. Oz also had smaller stakes in CVS Health, which now includes the insurer Aetna, and in the insurer Cigna. It’s not clear if Oz, a heart surgeon by training, still holds investments in health care companies, or if he would divest his shares or otherwise seek to mitigate conflicts of interest should he be confirmed by the Senate. Reached by phone on Wednesday, he said he was in a Zoom meeting and declined to comment. An assistant did not reply to an email message with detailed questions. “It’s obvious that over the years he’s cultivated an interest in the pharmaceutical industry and the insurance industry,” said Peter Lurie, president of the Center for Science in the Public Interest, a watchdog group. “That raises a question of whether he can be trusted to act on behalf of the American people.” (The publisher of KFF Health News, David Rousseau, is on the CSPI board .) Oz used his TikTok page on multiple occasions in November to praise Trump and Robert F. Kennedy Jr., including their efforts to take on the “illness-industrial complex,” and he slammed “so-called experts like the big medical societies” for dishing out what he called bad nutritional advice. Oz’s positions on health policy have been chameleonic; in 2010, he cut an ad urging Californians to sign up for insurance under President Barack Obama’s Affordable Care Act, telling viewers they had a “historic opportunity.” Oz’s 2022 financial disclosures show that the television star invested a substantial part of his wealth in health care and food firms. Were he confirmed to run CMS, his job would involve interacting with giants of the industry that have contributed to his wealth. Given the breadth of his investments, it would be difficult for Oz to recuse himself from matters affecting his assets, if he still holds them. “He could spend his time in a rocking chair” if that happened, Lurie said. In the past, nominees for government positions with similar potential conflicts of interest have chosen to sell the assets or otherwise divest themselves. For instance, Treasury Secretary Janet Yellen and Attorney General Merrick Garland agreed to divest their holdings in relevant, publicly traded companies when they joined the Biden administration. Trump, however, declined in his first term to relinquish control of his own companies and other assets while in office, and he isn’t expected to do so in his second term. He has not publicly indicated concern about his subordinates’ financial holdings. CMS’ main job is to administer Medicare. About half of new enrollees now choose Medicare Advantage, in which commercial insurers provide their health coverage, instead of the traditional, government-run program, according to an analysis from KFF, a health information nonprofit that includes KFF Health News. Proponents of Medicare Advantage say the private plans offer more compelling services than the government and better manage the costs of care. Critics note that Medicare Advantage plans have a long history of costing taxpayers more than the traditional program. UnitedHealth, CVS, and Cigna are all substantial players in the Medicare Advantage market. It’s not always a good relationship with the government. The Department of Justice filed a 2017 complaint against UnitedHealth alleging the company used false information to inflate charges to the government. The case is ongoing. Oz is an enthusiastic proponent of Medicare Advantage. In 2020, he proposed offering Medicare Advantage to all; during his Senate run, he offered a more general pledge to expand those plans. After Trump announced Oz’s nomination for CMS, Jeffrey Singer, a senior fellow at the libertarian-leaning Cato Institute, said he was “uncertain about Dr. Oz’s familiarity with health care financing and economics.” Singer said Oz’s Medicare Advantage proposal could require large new taxes — perhaps a 20% payroll tax — to implement. Oz has gotten a mixed reception from elsewhere in Washington. Pennsylvania Sen. John Fetterman, the Democrat who defeated Oz in 2022, signaled he’d potentially support his appointment to CMS. “If Dr. Oz is about protecting and preserving Medicare and Medicaid, I’m voting for the dude,” he said on the social platform X. Oz’s investments in companies doing business with the federal government don’t end with big insurers. He and his family also hold hospital stocks, according to his 2022 disclosure, as well as a stake in Amazon worth as much as nearly $2.4 million. (Candidates for federal office are required to disclose a broad range of values for their holdings, not a specific figure.) Amazon operates an internet pharmacy, and the company announced in June that its subscription service is available to Medicare enrollees. It also owns a primary care service , One Medical, that accepts Medicare and “select” Medicare Advantage plans. Oz was also directly invested in several large pharmaceutical companies and, through investments in venture capital funds, indirectly invested in other biotech and vaccine firms. Big Pharma has been a frequent target of criticism and sometimes conspiracy theories from Trump and his allies. Kennedy, whom Trump has said he’ll nominate to be Health and Human Services secretary, is a longtime anti-vaccine activist. During the Biden administration, Congress gave Medicare authority to negotiate with drug companies over their prices. CMS initially selected 10 drugs. Those drugs collectively accounted for $50.5 billion in spending between June 1, 2022, and May 31, 2023, under Medicare’s Part D prescription drug benefit. At least four of those 10 medications are manufactured by companies in which Oz held stock, worth as much as about $50,000. Oz may gain or lose financially from other Trump administration proposals. For example, as of 2022, Oz held investments worth as much as $6 million in fertility treatment providers. To counter fears that politicians who oppose abortion would ban in vitro fertilization, Trump floated during his campaign making in vitro fertilization treatment free. It’s unclear whether the government would pay for the services. In his TikTok videos from earlier in November, Oz echoed attacks on the food industry by Kennedy and other figures in his “Make America Healthy Again” movement. They blame processed foods and underregulation of the industry for the poor health of many Americans, concerns shared by many Democrats and more mainstream experts. But in 2022, Oz owned stakes worth as much as $80,000 in Domino’s Pizza, Pepsi, and US Foods, as well as more substantial investments in other parts of the food chain, including cattle; Oz reported investments worth as much as $5.5 million in a farm and livestock, as well as a stake in a dairy-free milk startup. He was also indirectly invested in the restaurant chain Epic Burger. One of his largest investments was in the Pennsylvania-based convenience store chain Wawa, which sells fast food and all manner of ultra-processed snacks. Oz and his wife reported a stake in the company, beloved by many Pennsylvanians, worth as much as $30 million. ( KFF Health News is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs of KFF — the independent source for health policy research, polling and journalism.) ©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.
Tina Ahuja, daughter of actor Govinda and Sunita Ahuja, sparked backlash after making controversial remarks about period cramps in an interview with Hauterrfly . The star kid claimed she had never experienced period pain, stating, "only Bombay girls talk about cramps." She further suggested that women who don’t naturally suffer from cramps might be psychologically influenced into imagining the pain. Her comments quickly drew criticism, with netizens highlighting that every woman’s experience with menstruation is different and cannot be generalised. Govinda Hospitalised: Tina Ahuja Arrives at Criticare Hospital To See Her Injured Father Following Pistol Misfire Incident . Tina Ahuja's Controversial Statement Over Period Cramps Tina Ahuja shared her take on period pain and said, "I have stayed most of the time in Chandigarh, and I have heard only these girls from Bombay and Delhi speak about cramps. Half of the problem comes from setting up these circles who are talking about the problem, and sometimes the ones who don’t get cramps also start to feel it psychologically. So many women in Punjab and other small cities don’t even realise when they undergo menopause." ‘The Great Indian Kapil Show’: Govinda and Krushna Abhishek Reconcile; Actor Credits Wife Sunita Ahuja for Supporting Nephew’s Career (Watch Video) . Peeiod pain is not real guys! Trust Govinda's wife and daughter by u/illuminaunty in BollyBlindsNGossip Govinda's daughter did not stop there but further talked about her “prefect” 28 days cycle. “Maybe my body is a little desi. I have never had any back pains. Everything is perfect, 28 days cycle. But, here I see girls always talking about... You eat your ghee, stop dieting so much; you have a good night’s sleep and everything becomes normal. You have a good diet. Most of the girls diet so much looking at Instagram, listening to it, that problems which don’t even exist happen.” Netizens Slam Tina Ahuja’s Take on Menstrual Pain The interview also featured Tina Ahuja's mother, Sunita, who supported her daughter's views on period cramps, mentioning that they consume a spoonful of ghee daily as part of their routine. For the unversed, Tina's sole Bollywood appearance was in the 2015 romantic comedy Second Hand Husband , which failed to make an impact at the box office. (The above story first appeared on LatestLY on Dec 30, 2024 09:21 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).
George Russell speeds to pole at Las Vegas Grand PrixNEW YORK--(BUSINESS WIRE)--Dec 4, 2024-- Uniswap Labs, the leader in decentralized finance (DeFi), is making it easier for institutional firms to access DeFi through its collaboration with Fireblocks, a digital asset operations and payments platform trusted by 2,000 clients globally. Through Fireblocks, asset managers, hedge funds, and other financial firms can access Uniswap Protocol’s liquidity and advanced DeFi trading features. “We’re thrilled to bring DeFi native capabilities that meet our clients' demand for secure, scalable access to deeper liquidity,” said Michael Shaulov, CEO of Fireblocks. “We see increasing appetite for DeFi solutions among financial institutions, and we’re excited to see more of our clients diversify their digital assets portfolio with Uniswap’s Trading API.” Direct to DeFi The Uniswap Trading API is developed and maintained by Uniswap Labs, the US-based team that builds some of the most used blockchain infrastructure and apps. The collaboration gives Fireblocks’ clients the ability to go direct to DeFi and brings advanced DeFi trading features to TradFi. Its key features include: Bringing DeFi Innovation to TradFi Institutions that choose to go direct to DeFi can also configure the API to their business operations, allowing funds to flow directly to designated wallets for better accounting and transparency. To learn more visit https://hub.uniswap.org About Uniswap Labs: Uniswap Labs is a software company founded in 2018 by Hayden Adams, the company’s CEO, who invented the Uniswap Protocol, a peer-to-peer system for swapping digital assets that has processed $2.4T in volume since its founding. Uniswap Labs builds some of the most widely adopted DeFi products including a self-custody mobile wallet, an API for professional market players and a web interface. About Fireblocks: Fireblocks is an easy-to-use platform to create new blockchain-based products, and manage day-to-day digital asset operations. Exchanges, banks, PSPs, lending desks, custodians, trading desks, and hedge funds can securely scale their digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of organizations in the financial, payments, and web3 space, has secured the transfer of over $6 trillion in digital assets and has a unique insurance policy that covers assets in storage and transit. Find out more at www.fireblocks.com View source version on businesswire.com : https://www.businesswire.com/news/home/20241204889966/en/ Media@uniswap.org KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT BLOCKCHAIN TECHNOLOGY CRYPTOCURRENCY ASSET MANAGEMENT DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SOURCE: Uniswap Labs Copyright Business Wire 2024. PUB: 12/04/2024 03:00 PM/DISC: 12/04/2024 03:02 PM http://www.businesswire.com/news/home/20241204889966/en
Rebekah Vardy issues brutal swipe at Coleen Rooney as I'm A Celeb digs continue