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Jimmy Carter, Former US President, Dies At 100Pentagon announces a new $725 million arms package for Ukraine
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A CJ Logistics truck and a driveryman / Courtesy of CJ Logistics In 2025, Koreans will see a number of small and big changes, including some that will improve convenience in their daily lives and some that may even lead to changes in how they live. Among Korean companies, CJ Logistics is set to take what may be the most aggressive approach yet to promoting customer convenience while affording small and large companies here an extra day for their business. Starting from Jan. 5, CJ Logistics will begin delivering packages seven days a week, including on public holidays, under its "Everyday O-NE" delivery service. O-ne, pronounced oh-nae, means coming or visiting. The new service is expected to further intensify competition between CJ Logistics and Coupang Logistics Services, the logistics unit of e-commerce giant Coupang. Coupang has been strengthening its presence in the parcel delivery market with a seven-day delivery schedule and the next-day "Rocket Delivery" service. With the new weekend delivery service by CJ Logistics, more consumers will now be able to choose any day of the week to receive their orders or have their gifts delivered to their friends or loved ones on the exact day of their special occasions even when they fall on weekends. Korean firms are not the only ones with good, meaningful changes. Two renowned U.S. companies -- Meta Platforms, Inc. and Apple Inc. -- are also coming up with measures to better serve their Korean customers in the new year. Meta's photo-sharing app Instagram will introduce teenage accounts for users aged between 13 and 17 in South Korea starting next month as part of efforts to promote the safety of teens on social media. The "Teen Accounts" will limit unwanted contact and sensitive content, such as violent and sexually explicit materials, for their users. The accounts are also automatically set to only receive messages from other accounts they follow or have previously connected with, and hide potentially offensive comments and messages. Users will receive a reminder to close Instagram after spending a total of 60 minutes on the app each day. A parent or guardian will be allowed to supervise their teen's account, provided both the parent and the teen agree to the arrangement. Apple plans to launch its "Find My" service in Korea next year to help its users locate their Apple devices, personal belongings and even track their friends and family while ensuring the protection of their personal data. The introduction comes 15 years after Apple first created the feature in 2010. South Korea was the only country where Find My was not available due to unknown reasons. Some have speculated the absence was due to the government not providing map data to Apple, citing national security concerns. However, the Korea Communications Commission has clarified that there existed no restrictions on the service in the country. Amid mounting frustration among local Apple users, the company announced in September it will bring the feature to Korea in spring of 2025. On the systemic side, the cap on compensation for parents taking time off from work to take care of their child or children aged eight years or less will be raised to 2.5 million won ($1,738) per month starting in January, up from the current 1.5 million won, for the first three months of their leave. The cap will then drop to 2 million won per month for the following three months and to 1.6 million won for the next six months. The exact amount will vary depending on workers' ordinary wages. gettyimagesbank The government will also pay the full amount monthly, unlike the current policy where 25 percent of the amount is provided six months after the worker returns to his or her job. Early this month, Seoul also unveiled plans to have up to 70 percent of fathers take parental leave by 2030, sharply up from 6.8 percent in 2022, to help tackle the nation's pressing demographic challenges. The total fertility rate, which refers to the average number of expected births per woman in her lifetime, came to 0.76 in the third quarter, far below the 2.1 births per woman needed to maintain a stable population without immigration. The government is pushing to raise the fertility rate to 1 by 2030. In 2025, the minimum wage will exceed 10,000 won per hour for the first time since the country introduced the minimum wage system in 1988. The rate surpassed the 5,000 won mark in 2014. The minimum wage will increase by 1.7 percent to 10,030 won per hour next year from the current 9,860 won. The 2025 hourly wage translates to 2.1 million won per month, based on a 40-hour workweek. On the investment side, the government plans to resume stock short selling on March 31 after establishing a platform to monitor short selling that can help identify illegal transactions. Short selling has been a contentious political issue in South Korea, with retail investors often blaming the practice for driving stocks lower. Meanwhile, Korean students will see some changes in their schools next year. Artificial intelligence (AI)-powered digital textbooks will be introduced in local elementary and secondary schools, in response to a growing call for diversified learning content. AI digital textbooks have been pushed as part of the government's digital education innovation to offer diverse learning content through expanded virtual world (metaverse) and interactive AI technologies. The use of digital textbooks is also expected to make possible customized learning for individual students at different learning levels. Third- and fourth-grade elementary school students and middle and high school freshmen will be the first beneficiaries of digitally customized textbooks that will first be used for mathematics, English and informatics starting in 2025. Moreover, the Seoul Metropolitan Office of Education plans to open an online classes-only school next year, allowing high school students to take courses that are not available at their own schools. The tentatively named Seoul Integrated Online School will open at the start of the new school year in March, and allow students to receive credit in the same way they do by taking courses at their own schools. The move comes in tandem with the scheduled start of a high school credit system, where students will be allowed to choose subjects they want based on their own career paths and aptitudes. (Yonhap)Is This Penny Stock Set to Become the Next Palantir?
UnitedHealth projects 2025 operating cash flow below estimates
WEST READING, Pa.--(BUSINESS WIRE)--Dec 3, 2024-- Customers Bank, the over $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has been named to the Inc . 2024 Best in Business list in the Financial Services category. Inc.’s annual Best in Business Awards celebrate the exceptional achievements and contributions of companies that have made a profound impact on their industries and on society at large. The Bank’s industry-leading franchise growth over the last 18 months, in both deposits and market expansion, unique operating model and commitment to principles of sound risk management ensured it stood out among its peers. “We are honored to be named to Inc.’s Best in Business list. Founded by entrepreneurs for entrepreneurs, Customers Bank delivers the product suite of larger financial institutions with a level of service beyond what large banks can offer,” said Sam Sidhu, president and CEO of Customers Bank. “With ‘customer’ in our name and at the very heart of why we exist, we adhere to a unique operating model that is anchored around a single point of contact, a focused product offering and a culture of exceptional customer service.” Inc.’s Best in Business list recognizes companies that, through exceptional execution, have achieved significant milestones and core business wins, like customer expansion, key product launches, increased market share, and industry-defining accomplishments. Companies from a wide range of industries – such as technology, health care, finance, and retail – have been recognized for their success and their positive influence on the business world. The full list can be found on Inc. com and in the upcoming winter print edition of Inc. magazine. “For over 40 years Inc. has been committed to recognizing America’s most dynamic businesses and honoring the great work they do. These businesses have had a profound impact on their industries, solving important problems, and shaping the future of business in ways that will have lasting effects,” says Inc. editor-in-chief Mike Hofman. Inc.’s Best in Business Awards are open to companies of all sizes and types, in all industries and locations. Public, private, nonprofit, subsidiary, U.S.-based, and international companies are all encouraged to apply. Inc. editors and reporters hand-review every application and select Best in Business honorees that, in each of the award categories, have had an outstanding influence on their communities, their industries, the environment, or society as a whole. For more information or to see the complete list, please visit inc.com/best-in-business . About Customers Bank Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $21 billion in assets, making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I lending, commercial real estate lending and multifamily lending, Customers Bank also provides a number of national corporate banking services to specialized lending clients. Major accolades include: No. 1 on American Banker 2024 list of top-performing banks with $10B to $50B in assets No. 29 out of the 100 largest publicly traded banks in 2024 Forbes Best Banks list No. 52 on Investor’s Business Daily 100 Best Stocks for 2023 A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com . About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, digital, print, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241203333765/en/ CONTACT: Jordan Baucum VP, Corporate Communications jbaucum@customersbank.com KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Customers Bancorp, Inc. Copyright Business Wire 2024. PUB: 12/03/2024 04:30 PM/DISC: 12/03/2024 04:30 PM http://www.businesswire.com/news/home/20241203333765/enI can’t sugarcoat how progressives feel at the close of 2024: rough. President-elect Donald Trump won back the White House with a campaign that was bigoted and fascist. And from President Joe Biden’s backing of Israel’s ghastly war in Gaza to his ill-fated decision to seek reelection, progressives aren’t celebrating his tenure, either. The next few years will see an onslaught of challenges. If you look closely, you’ll see signs people aren’t just going to roll over and accept it. Here are five that caught my eye. The American public has had it with economic elites. Union activity has been on an upswing for a few years, with union petition filings in 2024 significantly up over 2023. After a successful national strike in 2023, the United Auto Workers won an election in Tennessee this year, a significant breakthrough in the traditionally anti-union South. And more Amazon warehouse workers and drivers are pushing to join. Meanwhile, communities in places such as Wisconsin fought back against a private-equity takeover of nursing care. And nationally, widespread anger exploded over the greed of health insurance companies. Trump likes to play a populist on TV. But if he moves to slash workers’ rights, cut taxes for CEOs and erode access to health care, he’ll have a fight. The movement for a ceasefire in Gaza drew support from a vast, diverse coalition of young people — with additional support from faith communities, unions, environmentalists and others who’d previously stayed “in their lane.” They haven’t succeeded yet. But they’ve won broad, bipartisan public support for a ceasefire, an arms embargo on Israel and, more generally, foreign policy informed by human rights. Democratic politicians, in particular, won’t be able to avoid this issue. Temperatures continue to rise. Natural disasters worsen, and our leaders fail us on climate. The Biden administration’s signature climate law, the Inflation Reduction Act, is unleashing record investments in green jobs, fueling unprecedented growth in renewable power. Meanwhile, Indigenous-led efforts are quietly reintroducing species to their natural habitats. The more local support initiatives such as these win, the harder they’ll be to reverse. One of the worst moments of the 2024 campaign was the ridiculous slander of Haitian Americans in Springfield, Ohio, by Trump, and other right-wingers. Springfield natives turned out to support their Haitian neighbors. Locals flocked to Haitian restaurants, churches and community centers to show their solidarity. The lesson is that, while hardline immigration measures can attract support in the abstract, people feel differently when they realize members of their communities could be affected. Progressives should defend their immigrant neighbors without apology. They may win some unlikely allies if they stand up for what’s right. Forget “red states” and “blue states” — there’s support for progressive ideas in all 50 states. Just look at the election. Several conservative states passed ballot measures to raise the minimum wage, guarantee paid leave, protect abortion access and liberalize marijuana laws. Once you filter out the noise around candidates and ask people about progressive policies directly, even “red state” voters tend to support them. The key is to make candidates run on those policies — without watering them down. Our politics are a mess. But the U.S. isn’t lost — only our leaders are. When Americans organize around our common decency, it will be a lot harder for bullies such as Trump to walk over us. Certo is the communications director of the Institute for Policy Studies. He wrote this for InsideSources.com . Get local news delivered to your inbox!
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For those on the right side of the political aisle, 2024 was a mixed bag. We had to trudge through the final year of Joe Biden’s disastrous presidency while fighting to prevent the administration from inflicting further economic carnage. Yet we also received an enormous gift with the victory of President-elect Donald Trump. Here are my top five moments of 2024. By far, this was best. Things did not look good for Trump at the start of the year, as he faced a litany of felony charges across multiple jurisdictions. But despite the legal onslaught, Trump refused to back down. (tncms-inline)9a826eb8-a769-4b71-b7ae-7e84438f7477[0](/tncms-inline) Aside from his legal problems, Trump faced several opponents as he fought for the GOP presidential nomination. In the spring, many political pundits and talking heads thought Trump could not win the Republican nomination. Yet he emerged victorious and united the GOP under the “Make America Great Again” banner. Trump then pulled off one of the biggest comebacks in political history as he cruised to victory and helped the Republican Party gain control of both houses of Congress. This election will go down in history as a turning point, considering the vast inroads Trump made among voters who traditionally voted for Democrats. Though the polls were tight heading into the debate between Trump and Biden, the absolutely pitiful performance by Biden completely changed the race. Soon after Biden flopped in front of millions of Americans, the Democratic Party pulled the plug on his reelection effort. Of course, this short-sighted move benefited Trump greatly, as it demonstrated that the sitting president was going senile. More important, it led to the rise of Vice President Kamala Harris to the top of the Democratic ticket. Considering Harris’ flip-flops on basically every central policy position, it really was a blessing in disguise that she inherited Biden’s place and was eventually destroyed by Trump. This could have easily been first or second on my list. In midsummer, Trump was crisscrossing the country, holding outdoor rallies. Unfortunately, Trump’s proclivity to engage with his supporters nearly cost him his life. But despite two would-be assassins somehow evading Secret Service detection — and one fired several shots — Trump was largely unharmed. While this was a blessing, we must never forget that one person, Corey Comperatore, died at the Butler, Pennsylvania, rally, and two others were wounded. On Oct. 14, SpaceX launched its Super Heavy Starship, the most powerful rocket in the world. Then, in an unprecedented engineering marvel, the 23-story-tall Super Heavy booster returned to the launch pad in an upright position and was “caught” without a hitch. It was like something straight out of a science-fiction movie, and it demonstrated that the age of space exploration has entered a new chapter. The department, known as DOGE, is an early Christmas present for conservatives and libertarians. For decades, we have been warning that the size and scope of the federal government is unsustainable and that big government is bad news for personal liberty. Finally, some significant spending cuts and institutional reforms are in the offing. With the national debt exceeding $36 trillion and trillion-dollar deficits the new normal, we need to downsize the federal bureaucracy and get back on sound fiscal footing before it is too late. Talgo is the editorial director at The Heartland Institute. He wrote this for InsideSources.com . Get local news delivered to your inbox!ST. PAUL, Minn. (AP) — Josh Norris broke a tie on a power play with 7:18 left, Leevi Merilainen made 30 saves in his fifth NHL game and the Ottawa Senators beat the Minnesota Wild 3-1 on Sunday night. Ottawa has won seven of its past nine games, while the Wild have lost five of their past seven. The Senators won in Minnesota for the first time since 2016. With starter Linus Ullmark and backup Anton Forsberg out with injuries, the Senators have been relying on Merilainen and Mads Sogaard since before the NHL holiday break. Frederick Gaudreau opened the scoring for Minnesota late in the first period. Ridly Greig tied it early in the second. Claude Giroux added an empty-netter. Senators: A team that finds itself surprisingly in a playoff position after missing the postseason the past six seasons topped a Western Conference contender in Minnesota. Norris has been a big part of the Senators' surge and now ranks second on the team with 14 goals. Wild: A lower-body injury kept Kirill Kaprizov out of his second straight game, but Joel Eriksson Ek returned after missing 11 games with a lower-body injury. The Wild are 17-5-4 with Eriksson Ek in the lineup and 5-6-0 without him. The Wild killed one penalty midway through the third, but Jared Spurgeon went to the box seconds later on a holding call. Norris scored on the power play. The Senators’ nine-game trip continues Thursday at Dallas night. The Wild host Nashville on Tuesday night. AP NHL: https://apnews.com/hub/nhl
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