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NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the third quarter of fiscal 2025. The dividend is payable on March 14, 2025 , to all shareholders of record as of the close of business on January 31, 2025 . About Scholastic For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children's books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com . SCHL: Financial View original content to download multimedia: https://www.prnewswire.com/news-releases/scholastic-corporation-announces-third-quarter-dividend-302329290.html SOURCE Scholastic Corporation
Ole Miss was supposed to benefit from expanded CFP, but Florida loss is an all too familiar shortcomingStock market today: Wall Street climbs as bitcoin bursts above $99,000Silicon Photonics I/O represents a significant leap forward in data transfer speeds and efficiency. By leveraging light particles to transmit data, silicon photonics I/O enables data to be moved at speeds that far surpass traditional electrical connections. This technology promises to dramatically reduce latency, increase bandwidth, and improve power efficiency in AI accelerators, ultimately leading to faster and more responsive AI applications. NVIDIA's integration of silicon photonics I/O into its future AI accelerators is set to redefine the way data is handled and processed in the AI ecosystem.
In conclusion, BeRUI China's achievement of one billion registered users heralds a new chapter in the realm of enterprise services. By harnessing the power of remote connectivity and cutting-edge technology, BeRUI China is paving the way for a more efficient, connected, and collaborative future for businesses worldwide. As we look towards the horizon of the digital age, BeRUI China stands as a beacon of innovation and excellence, guiding organizations towards success in an increasingly virtual and interconnected world.NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are climbing Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher, as of 2:45 p.m. Eastern time, after flipping between modest gains and losses several times in the morning. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Nvidia's rise of 1.4% was the strongest force pushing the S&P 500 upward after yet again beating analysts’ estimates for profit and revenue. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations thanks to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” How Nvidia’s stock performs has tremendous impact because it’s quickly grown into Wall Street’s most valuable company at roughly $3.6 trillion. Its meandering up and down through the day dragged the S&P 500 and other indexes back and forth. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.3% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 9.1% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 were also rising, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.9%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 5.5% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. Drops for other Big Tech stocks also weighed on the market, including a 2.4% slide for Amazon. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani, 62, in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of duping investors by concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Indexes elsewhere in Asia and Europe were mixed. In the crypto market, bitcoin eclipsed $99,000 for the first time before easing back to roughly $98,250, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin also got a boost after Gary Gensler, the chair of the Securities and Exchange Commission who has pushed for more protection for crypto investors, said he would step down in January . Bitcoin and related investments, of course, have a notorious history of big price swings in both directions. MicroStrategy, a company that's been raising cash expressly to buy bitcoin, saw an early gain of 14.6% for its stock on Thursday quickly disappear. It was most recently down 10.7%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In the bond market, Treasury yields edged higher following some mixed reports on the U.S. economy. The yield on the 10-year Treasury rose to 4.43% from 4.41% late Wednesday. One report said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. ___ AP Business Writers Matt Ott and Yuri Kageyama contributed. Stan Choe, The Associated Press
New Delhi, Nov 23 (PTI) The Minority Affairs Ministry on Saturday launched the Haj Suvidha App 2.0 with the new version introducing key features such as air travel details, a navigation system with Mina maps, and medical history and health advisories for Indian pilgrims going on Haj. The application was launched by Minority Affairs Minister Kiren Rijiju after he inaugurated the Conference of Chairpersons of State and UT Haj Committees in the presence of Minister of State for Minority Affairs, George Kurian and Chairman of the Haj Committee of India Abdullahkutti, among others. In his address, Rijiju noted that the Haj pilgrimage is the largest logistical operation undertaken annually by the government of India beyond its borders. He emphasised that Haj has long been a cornerstone of the strong bilateral relationship between India and the Kingdom of Saudi Arabia. Rijiju highlighted several significant reforms aimed at improving the pilgrimage experience, including the removal of the discretionary quota, the integration of technology through the Haj Suvidha App, and the provision of facilities for female pilgrims without Mehram. Kurian spoke about the new measures being implemented for Haj 2025, designed to enhance the comfort and convenience of the Indian pilgrims. Among the key initiatives, he mentioned the procurement of modern buildings with lifts not only in Aziziya but also in nearby areas close to the Haram. Additionally, the latest model buses will be introduced for travel between Makkah, Madinah, and within the Mashaer region. The conference, organised by the Haj Committee of India under the Ministry of Minority Affairs, also marked the launch of the Haj Suvidha App 2.0 by Rijiju. Building on the success of the Haj Suvidha App 1.0 in 2024, the new version introduces key features such as the selection process, boarding pass and air travel details, a navigation system with Mina maps, and medical history and health advisories for Indian pilgrims. The conference included discussions on stakeholder feedback, suggestions and preparations. (This story has not been edited by THE WEEK and is auto-generated from PTI)
NEW YORK (AP) — Stocks slipped in afternoon trading Friday as Wall Street closes out a rare bumpy week. The S&P 500 fell 0.2%, and is on track for a loss for the week after three straight weekly gains. The Dow Jones Industrial Average fell 81 points, or 0.2% to 43,833 as of 12:56 p.m. Eastern time. The Nasdaq fell 0.3% and is hovering around its record. Broadcom surged 20.2% after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 14.3% after raising its forecast for revenue growth for the year. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.39% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.
Forgotten England star responds to Gary Neville's demand for surprise Three Lions recallWhat an ugly day for the beautiful game. By awarding the 2034 men’s World Cup to Saudi Arabia, a country with an abysmal record on human rights, treatment of women, the LGBTQ community and migrant workers, FIFA sold its soul. What was left of it, anyway. “Everyone gave up something for the benefit of all, for the greater good. These are precisely the values at the heart of FIFA,” FIFA president Gianni Infantino said Wednesday, not realizing, or caring, he was giving the game away as he opened the Extraordinary FIFA Congress that rubber stamped the hosts for the men’s World Cups in 2030 and 2034 . Infantino and his minions have abandoned all pretense of doing the right thing or keeping the World Cup from being anything but a shameless money grab. All that matters is the gazillions of dollars Saudi Arabia is putting in their pockets, and FIFA members have fallen obediently in line. They ignored their own bidding rules, strong-arming South America into giving up its hopes of hosting the 100th anniversary of the World Cup and instead accepting a non-sensical arrangement that will see the first three games in 2030 played in Uruguay, Argentina and Paraguay before the tournament moves to Spain, Portugal and Morocco. They ensured that Saudi Arabia would be the only candidate in 2034 , icing out Australia with a procedural maneuver that would have made it impossible to mount a comprehensive bid. They “sportswashed” Saudi Arabia’s documented record of migrant worker abuses and deaths, punishment of opposition — anyone remember Jamal Khashoggi , the Washington Post journalist who was butchered at the command of Crown Prince Mohammed bin Salman? — and intolerance of LGBTQ people in an evaluation report released last month, rating human rights concerns at only a "medium." And in case any country decided to get cute and mount a protest campaign, Infantino decreed that the votes Wednesday would be by acclimation. Via Zoom. If a country is registering its dissent by refusing to clap, can it even be noticed in a panel of 200-plus screens? Oh, Norway tried to object, submitting a letter criticizing FIFA for ignoring human rights concerns and subverting its own processes. Switzerland asked for an independent human rights monitor, as well as oversight by the International Labor Organization on World Cup-related projects. Bless their hearts. Infantino moved heaven and earth to get that Saudi cash. He wasn’t about to be deterred now. “We are, of course, aware of critics and fears. And I fully trust our hosts to address all open points from this process and deliver a FIFA World Cup that meets the world’s expectations. That is exactly why we went through this bidding procedure and why we have a transparency that will shape real and lasting change,” Infantino said. “Social improvements, positive human rights impacts — that is one of the responsibilities of hosting a World Cup.” Tell that to the families of the migrant workers who died building the palaces for the World Cup in Qatar two years ago. Or the women in Qatar still under the thumbs of their male guardians. Or the members of the LGBTQ community in Qatar who’ve been subjected to harassment and abuse. Tell that to the fans and sponsors who got suckered into thinking Qatar would abide by its promise not to impose Islamic restrictions on a global event only to do as it pleased . Infantino and FIFA don’t give a damn what their hosts do so long as the checks keep coming. And everybody, Saudi Arabia included, knows it. “FIFA has once again turned a blind eye to basic human rights in favor of profit,” Mandeep Tiwana, co-secretary general of CIVICUS, an umbrella organization of human rights groups including Amnesty International and the Gulf Centre for Human Rights. “It is condemning migrant workers in Saudi Arabia to suffer ... placing lives on the line to make spectator sport a reality.” The saddest part of all this is that it didn’t have to be this way. It wasn’t even a decade ago that a series of raids by U.S. and Swiss authorities threw FIFA’s leadership into chaos and laid bare the graft and greed that had become the governing body’s defining feature. Change was promised, with a detailed bid process designed to ensure transparency and prevent the corruption that had tainted the awarding of so many recent World Cups. The bids would be evaluated by FIFA, and qualified ones would be put to a vote by the Congress. As he campaigned for the FIFA presidency, Infantino endorsed these new procedures that were supposed to ensure the World Cup, FIFA’s crown jewel, went to the host that was most worthy, not just the most wealthy. And yet, a year ago, after back-room deals that still haven't been explained and accelerated timelines that blocked any competition for Saudi Arabia, FIFA announced there would be just one bid each for the 2030 and 2034 World Cups. The Congress would "vote" on them, but Wednesday's session was the definition of performative. Human rights weren't the only thing deemed to be an inconvenience by FIFA in this process. Its pledge to protect the environment is laughable, with one tournament spread across six countries on three different continents while the other requires the building or refurbishment of 11 stadiums and construction of 185,000 hotel rooms. "We are not equal. We know that," Infantino said. "But we are learning to accept each other with our differences, as part of this one global community." Infantino would have you believe that our differences are simply matters of opinion. But it's greater than that. There are people who care about doing what is right and treating others with dignity and respect. And there are people who only care about how much money they can get, the true cost of their riches be damned. This sham of a bidding process has left little doubt in which category Infantino and FIFA belong. Follow USA TODAY Sports columnist Nancy Armour on social media @nrarmour.
Trump, Cop29 and why Chinese eco-warrior Ma Jun sees green shoots of hopeJordi Valls of SITA Innovation Labs Discusses AI’s Transformative Role in Aviation at FutureTravel Summit 2024
NoneIn conclusion, the investigation into NVIDIA for suspected violations of China's anti-monopoly laws underscores the importance of upholding fair competition and compliance with regulatory requirements in the tech industry. As the case unfolds, it will be closely watched by industry players, consumers, and regulators alike to see how it may impact the broader landscape of competition in the market.