Chief Minister Pinarayi Vijayan has reassured investors that their deposits in State’s cooperative societies are safe. Speaking at the inauguration of Kerala Bank’s year-long action plan in Kannur on Monday (November 25), he stressed that the State government guarantees the stability of the cooperative sector. Highlighting the State’s cooperative model, the Chief Minister pointed out safeguards like the Deposit Guarantee Board and the Cooperative Restoration Fund, designed to secure investments. “Cooperative societies ensure adequate liquidity and are the wealth of Kerala. Attempts to discredit them in favour of corporates and multi-State cooperative societies are unacceptable,” he said. Warning against the risks posed by multi-State cooperative societies, he revealed that of the estimated 1,500 such societies in India 44 such entities were shut in 2022 for corruption, collectively defrauding the public of over ₹10,000 crore. “Kerala’s cooperatives are built on trust and a dedication to societal welfare, from agriculture and industry to welfare pensions,” he added, urging vigilance and adherence to norms. The Chief Minister outlined five goals for Kerala Bank’s action plan: advancing technology, prioritising small and medium enterprises, enhancing profitability, guiding primary cooperatives, and improving project efficiency. Kerala Bank, he noted, has grown into Asia’s largest cooperative institution, with 823 branches and total business worth ₹1.16 lakh crore as of March 2024. The bank plays a vital role in agriculture and employment, with agricultural loans comprising 25% of its portfolio. “Cooperatives must take greater responsibility, such as managing paddy procurement in major production hubs like Palakkad,” he said, urging Kerala Bank to resolve existing challenges. Kerala Bank’s technology integration has also set benchmarks, unifying core banking systems and attracting 2.2 lakh mobile app users, who have transacted ₹7,600 crore to date. “Efforts must continue to expand these services, ensuring modern banking is accessible to all,” he said. Through its inclusive approach and robust growth, Kerala Bank exemplifies the cooperative sector’s potential, serving as a model for the rest of the country, he added Minister for Cooperation V.N. Vasavan, who presided over the event, credited Kerala Bank for stabilising struggling district banks. “Without its formation, some district banks in Kerala might not have survived,” he remarked, highlighting the bank’s transformative impact on the cooperative landscape. Published - November 25, 2024 11:28 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Kannur / KeralaObasa Games 2024 indoor games end todayultra mega supermarket taguig 。

On ‘ Morning Joe ’, the panelists discussed the potential fracture of the political alliance between US President- elect Donald Trump and Tesla CEO Elon Musk while prompted by Donald Trump's recent speech asserting his control over the partnership, reported Huffpost. ET Year-end Special Reads Top 10 equity mutual funds of the year. Do you have any? How India flexed its global power muscles in 2024 2024 was the year India became the talk of America According to Huffpost, host Jonathan Lemire noted that the lighthearted remarks made by US President- elect Donald Trump about SpaceX CEO Elon Musk being the ‘Shadow President’ indicated his insecurity regarding Elon Musk's growing influence. The conversation then pretty swiftly shifted to what could lead to a breakup with panelist Sam Stein suggesting that their relationship is largely based on convenience as Donald Trump hugely appreciates Elon Musk's financial support and media platform. Additionally, Sam Stein also issued a warning that if Elon Musk begins to overshadow Donald Trump in terms of influence, severe tensions will likely arise for sure, asserted Huffpost. Jonathan Lemire pretty humorously proposed that a Time Magazine cover portraying Elon Musk as the true leader could be a breaking point. The panelists also highlighted that while Elon Musk has supported Donald Trump politically, any perception of him stealing the spotlight could actually jeopardize their alliance, noted Huffpost. This recent dynamic actually reflects a broader concern about power and influence within their relationship while both figures are known for their desire for attention. 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On ‘Morning Joe’, the panelists discussed the potential fracture of the political alliance between US President- elect Donald Trump and Tesla CEO Elon Musk while prompted by Donald Trump's recent speech asserting his control over the partnership. What did Morning Joe host Jonathan Lemire recently note regarding the friendship between Donald Trump and Elon Musk? Morning Joe host Jonathan Lemire noted that the lighthearted remarks made by US President- elect Donald Trump about SpaceX CEO Elon Musk being the ‘Shadow President’ indicated his insecurity regarding Elon Musk's growing influence. (You can now subscribe to our Economic Times WhatsApp channel )Fianna Fail and Fine Gael eye independent TDs as option to secure Dail majority

Tinubu’s tax reform bills not to generate revenue — Taiwo OyedeleNoneCopy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The alumni network of the Future Homemakers of America is an unlikely place to find a high-powered technology executive like Canva’s new chief financial officer Kelly Steckelberg. Known for equipping students with the skills they need to become exemplary stay-at-home parents, she has deviated far from usual path of her peers, who include country singers Dolly Parton and Reba McEntire. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Follow the topics, people and companies that matter to you. Fetching latest articles

Allstate Corp. stock outperforms competitors despite losses on the day

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ AND ON EDGAR TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX: PRN; NASDAQ: PROF) (“Profound” or the “Company”) today announced that it intends to offer and sell common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). In addition, Profound expects to grant the underwriters of the Offering a 30-day option to purchase up to an additional 15% of the Common Shares sold in the Offering. All of the securities in the Offering are being offered by Profound. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The net proceeds of the Offering are expected to be used: (i) to fund the continued commercialization of the TULSA-PRO® system in the United States, (ii) to fund the continued development and commercialization of the TULSA-PRO® system and the Sonalleve® system globally, and (iii) for working capital and general corporate purposes. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Raymond James Ltd. and Lake Street Capital Markets as co-lead underwriters and joint bookrunners, and a third underwriter. The Offering is expected to take place in each of the provinces and territories of Canada, except the province of Québec, and in the United States. The Offering is expected to close on or about December 10, 2024, subject to customary closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange. Profound will notify the Nasdaq Capital Market in accordance with the rules of that exchange. In connection with the Offering, the Company has filed a preliminary prospectus supplement (the “Preliminary Prospectus Supplement”) and intends to file a subsequent prospectus supplement (the “Prospectus Supplement”) to its short form base shelf prospectus dated July 10, 2024 (the “Base Shelf Prospectus”) in each of the provinces and territories of Canada relating to the proposed Offering. The Prospectus Supplement will also be filed in the United States with the U.S. Securities and Exchange Commission (the “SEC”) as part of the Company’s effective registration statement on Form F-10 (File no. 333-280236), as amended, previously filed under the multijurisdictional disclosure system adopted by the United States. Access to the Base Shelf Prospectus, the Prospectus Supplement, and any amendments to the documents will be provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. The Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days of the date hereof), accessible on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov . The Common Shares are offered under the Prospectus Supplement. An electronic or paper copy of the Base Shelf Prospectus, the Prospectus Supplement (when filed), and any amendment to the documents may be obtained without charge, from Raymond James Ltd., Scotia Plaza, 40 King St. W., 54th Floor, Toronto, Ontario M5H 3Y2, Canada, or by telephone at 416-777-7000 or by email at ECM-Syndication@raymondjames.ca by providing the contact with an email address or address, as applicable. Copies of the Prospectus Supplement and the Base Shelf Prospectus will be available on EDGAR at www.sec.gov or may be obtained without charge from Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by email at prospectus@raymondjames.com , and from Lake Street Capital Markets, LLC, 920 2nd Ave S - Ste 700, Minneapolis, MN 55402, prospectus@lakestreetcm.com , (612) 326-1305. The Base Shelf Prospectus and Prospectus Supplement contain important, detailed information about the Company and the proposed Offering. Prospective investors should read the Base Shelf Prospectus and Prospectus Supplement (when filed) before making an investment decision. No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory, state or jurisdiction. About Profound Medical Corp. Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. Profound is commercializing TULSA-PRO®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. Profound is also commercializing Sonalleve®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Forward-Looking Statements This release includes forward-looking statements regarding Profound and its business which may include, but is not limited to, the Offering, including the Offering’s timing, pricing, underwriters, size, terms, selling jurisdictions, closing, over-allotment option, and use of proceeds; the availability and timing of the final prospectus supplement; and, the expectations regarding the efficacy and commercialization of Profound’s technology. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of Profound. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks regarding the medical device industry, regulatory approvals, reimbursement, economic factors, the equity markets generally and risks associated with growth and competition. Although Profound has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Additional information about the risks and uncertainties of forward-looking statements and the assumptions upon which they are based is contained in the Company’s filings with securities regulators, which are available electronically through SEDAR+ at www.sedarplus.com and EDGAR at www.sec.gov . Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Profound undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, other than as required by law. For further information, please contact: Stephen Kilmer Investor Relations skilmer@profoundmedical.com T: 647.872.4849

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The Election Commission urged provincial election commissioners and officers to gear up for provincial administration organisation elections on Feb 1. Mr Sawang Boonmee, secretary-general of the EC, yesterday presided over the opening ceremony of a trainers' workshop in preparation for the PAO elections. During his speech, Mr Sawang referred to the EC's guidelines for managing PAO elections, saying that while election officers are trained, unexpected issues require technical skills and problem-solving abilities. Local EC offices must provide close assistance to ensure timely and accurate solutions, he said. Mr Sawang also acknowledged criticism of the EC, particularly during the 2023 elections. He said most people who criticised the EC had never studied the law, including academics. Many critics, he said, sought to please their audience without contemplating the consequences, while others exploited legal loopholes for personal gain. Legal ambiguities often lead to unfairness, he said, which affects the public. He encouraged those dissatisfied with the laws to push for change. Mr Sawang suggested that critics file legal complaints if they believe the EC is at fault, rather than simply accusing the EC of bias or lack of transparency. "I hope election officers are not discouraged by the criticism they face," he said. "No matter what we do, there will always be resistance because the election is a political competition and there are always people looking to benefit. "So, we must endure and ensure we operate strictly within the law. If we follow the law, we have nothing to worry about," he said. When asked about scrutiny from parties, he said the EC aims to minimise errors as PAO elections attract attention. The EC is committed to maximising efficiency, from polling stations to vote counting and results reporting, he said. Reflecting on PAO elections held previously in 29 provinces, he said results are often reported 1-2 hours later than scheduled due to system overloads. Meanwhile, Mr Sawang commented on the audio clip allegedly revealing a conversation about someone preparing 20 million baht to be spent on the elections in Prachin Buri. He said the EC must investigate all complaints.ASML FINAL DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ASML Holding N.V. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – ASML

A key figure in a trucker protest that jammed Canada's capital and sparked a global movement against Covid mandates was found guilty Friday for his role in the blockade. The self-styled "Freedom Convoy" of big rig drivers and protesters rolled into Ottawa in early 2022 from across Canada to express anger at government protocols imposed to contain Covid-19. After three weeks of turmoil, Prime Minister Justin Trudeau invoked rarely used emergency powers to dislodge the protesters. Pat King was among hundreds of people arrested, and the first of the protest leaders to be convicted. Two other organizers, Tamara Lich and Chris Barber faced a separate criminal trial but those verdicts are not expected until 2025. King faces up to 10 years in prison after being convicted on five charges, including mischief, counselling others to commit mischief and disobeying a court order. Acquitted of more serious charges, he smiled at a packed courtroom of supporters as the judge read the verdict. "Mr King was not merely engaging in political speech," Justice Charles Hackland said. "Rather, he was inciting the protesters to continue their ongoing blockade of downtown Ottawa." King led hundreds of big rigs and thousands of protestors to Ottawa, bringing the capital to a standstill for more than three weeks. Residents and business owners complained of incessant honking and harassment. As the demonstrators' demands expanded to a broader anti-establishment agenda, solidarity rallies popped up at Canada-US trade corridors and various places abroad. Most of the evidence at trial consisted of videos King posted on social media in which he urged his nearly 300,000 followers to rail against government overreach. "Hold the line," he said in video posts, appearing also to delight in the gridlock and misery of locals: "Pretty hilarious that people haven't been able to sleep for 10 days." Trudeau faced strong criticisms from civil liberties groups and the opposition Conservatives for invoking the Emergencies Act to dislodge the protestors. But a commission of inquiry ruled it had been "appropriate," calling it "a drastic move, but... not a dictatorial one." amc/bs/bfm

NOTEBOOK: Offensive coordinator Chad Scott named interim head coach for bowl gameCanadians face a fresh wave of scams as fraudsters seize on the Canada Post strike to try to trick victims out of their cash. The last few weeks have seen an “exponential” rise in attempted fraud, ranging from phishing emails to deepfake phone calls, says Octavia Howell, chief information security officer at Equifax Canada. “Any time there is a major political event, a major strike or anything like that, we’ll see an uptick,” she said in a phone interview. “Not only is there a Canada post strike ... it’s the holidays.” Scams related to parcels and deliveries typically tick up in step with online shopping orders this time of year, but the work stoppage at Canada Post has led to even more fraud attempts amid the confusion around shipments, Howell said. Comprehensive figures on the latest batch of scams are not yet available from Equifax Canada, but the credit bureau’s daily updates have marked the rise nonetheless. Rather than the roughly half-dozen daily consumer fraud reports of previous increases, Equifax Canada’s investigations team is filing up to “87 in one report in one day coming from the same IP addresses,” said Howell. She called the trend “insidious.” “We’re seeing exponential growth in the amount of scams that are actually happening ... because, one, holidays, and then two, people aren’t able to get their shipments out.” Mail carriers walked off the job on Nov. 15, halting deliveries of letters and packages at the start of the holiday shipping season. Canada Post cautions users that it never reaches out about a delivery via text or email unless it has been requested to. The Crown corporation has asked Canadians to be on guard for telltale signs of a phishing scam or fraud attempt, including poor grammar, imagery inconsistent with Canada Post logos and a tracking number at odds with its standard format. The Better Business Bureau similarly cautioned users when the strike kicked off. “Watch out for fake package delivery offers during Canada’s postal strike,” the non-profit said in a release last month. It advised potential victims to verify delivery services, avoid unsolicited shipment offers from little-known companies and check for accreditation by the bureau before selecting a service. It also noted that scammers may send false messages claiming to be from Canada Post or another carrier asking for payment for undelivered items or offering “priority service.” “Do not click on links in unsolicited emails or texts. Instead, visit the official website of the courier service for updates,” the bureau said. Canada Post recommends customers contact the Canadian Anti-Fraud Centre if they receive a suspicious email, text or call related to the postal service.

By ADRIANA GOMEZ LICON FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump promised on Tuesday to “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Related Articles National Politics | Elon Musk’s preschool is the next step in his anti-woke education dreams National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole, arguing that it was senseless and insulted the families of their victims. Biden said converting their punishments to life imprisonment was consistent with the moratorium imposed on federal executions in cases other than terrorism and hate-motivated mass murder. “Joe Biden just commuted the Death Sentence on 37 of the worst killers in our Country,” he wrote on his social media site. “When you hear the acts of each, you won’t believe that he did this. Makes no sense. Relatives and friends are further devastated. They can’t believe this is happening!” Presidents historically have no involvement in dictating or recommending the punishments that federal prosecutors seek for defendants in criminal cases, though Trump has long sought more direct control over the Justice Department’s operations. The president-elect wrote that he would direct the department to pursue the death penalty “as soon as I am inaugurated,” but was vague on what specific actions he may take and said they would be in cases of “violent rapists, murderers, and monsters.” He highlighted the cases of two men who were on federal death row for slaying a woman and a girl, had admitted to killing more and had their sentences commuted by Biden. On the campaign trail, Trump often called for expanding the federal death penalty — including for those who kill police officers, those convicted of drug and human trafficking, and migrants who kill U.S. citizens. “Trump has been fairly consistent in wanting to sort of say that he thinks the death penalty is an important tool and he wants to use it,” said Douglas Berman, an expert on sentencing at Ohio State University’s law school. “But whether practically any of that can happen, either under existing law or other laws, is a heavy lift.” Berman said Trump’s statement at this point seems to be just a response to Biden’s commutation. “I’m inclined to think it’s still in sort of more the rhetoric phase. Just, ‘don’t worry. The new sheriff is coming. I like the death penalty,’” he said. Most Americans have historically supported the death penalty for people convicted of murder, according to decades of annual polling by Gallup, but support has declined over the past few decades. About half of Americans were in favor in an October poll, while roughly 7 in 10 Americans backed capital punishment for murderers in 2007. Before Biden’s commutation, there were 40 federal death row inmates compared with more than 2,000 who have been sentenced to death by states. “The reality is all of these crimes are typically handled by the states,” Berman said. A question is whether the Trump administration would try to take over some state murder cases, such as those related to drug trafficking or smuggling. He could also attempt to take cases from states that have abolished the death penalty. Berman said Trump’s statement, along with some recent actions by states, may present an effort to get the Supreme Court to reconsider a precedent that considers the death penalty disproportionate punishment for rape. “That would literally take decades to unfold. It’s not something that is going to happen overnight,” Berman said. Before one of Trump’s rallies on Aug. 20, his prepared remarks released to the media said he would announce he would ask for the death penalty for child rapists and child traffickers. But Trump never delivered the line. One of the men Trump highlighted on Tuesday was ex-Marine Jorge Avila Torrez, who was sentenced to death for killing a sailor in Virginia and later pleaded guilty to the fatal stabbing of an 8-year-old and a 9-year-old girl in a suburban Chicago park several years before. The other man, Thomas Steven Sanders, was sentenced to death for the kidnapping and slaying of a 12-year-old girl in Louisiana, days after shooting the girl’s mother in a wildlife park in Arizona. Court records show he admitted to both killings. Some families of victims expressed anger with Biden’s decision, but the president had faced pressure from advocacy groups urging him to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The ACLU and the U.S. Conference of Catholic Bishops were some of the groups that applauded the decision. Biden left three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of Life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Associated Press writers Jill Colvin, Michelle L. Price and Eric Tucker contributed to this report.Get TECNO’s latest AI-powered PHANTOM V Flip 2 5G on its first sale for only P27,999

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HOUSTON - Houston -based energy giant, Enron, was known for its catastrophic corporate collapse in 2001. Then on Monday - exactly 23 years after it filed for bankruptcy - the company seemingly re-surfaced with a tweet, using the same old corporate logo and saying 'We're back... Can we talk?' The post and video on X teased a bigger announcement coming in seven days. Now here's what we know: a website and social media account tied to the post suggest ties to cryptocurrency. SUGGESTED: Tech expert shares safety tips for online shopping during Cyber Monday And the 'Articles of Incorporation' for this latest 'Enron' are tied to two Gen Zers, known for a viral satirical performance on conspiracy theories. So, as far as we can tell, this looks like a parody. Albeit in poor taste for a lot of people. Get news, weather and so much more on the new FOX LOCAL app The collapse of Enron resulted in tens of thousands of lost jobs, billions of dollars in lost pensions and retirement savings, a number of indictments and convictions, and even a suicide. Flashback to some of the biggest events in Houston's history with FOX 26's Lina de Florias.