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US stocks fall before midterm Election Day as technology shares weaken

US Stock market benchmark indexes S&P 500 and Nasdaq fell on Monday but Dow Jones rose sharply ahead of Tuesday's Election Day for US Midterm polls. Russell 2000 fell 5.

Nearly Half of Australian Workers Overqualified, Survey Finds

Nearly half of Australian workers hold qualifications exceeding their job requirements, according to the latest annual report from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. The findings indicate that this educational mismatch is linked to reduced life satisfaction and increased likelihood of leaving employment, with trends showing little improvement over the past two decades.

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Greene Concepts Confirms High-Quality Water Testing and Compliance at Marion, NC Bottling Plant

MARION, NORTH CAROLINA / ACCESS Newswire / January 30, 2025 / Greene Concepts Inc. (OTC Pink:INKW) is pleased to announce its continual commitment to maintaining the highest compliance standards through rigorous water testing, procedural reviews, and maintenance practices. These efforts ensure the company's bottling plant consistently delivers safe, clean, and high-quality water while meeting regulatory requirements and sustainability goals.

Thermon Schedules Third Quarter Fiscal 2025 Earnings Conference Call - February 6, 2025

AUSTIN, TX / ACCESS Newswire / January 30, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ended December 31, 2024, before the market opens on Thursday, February 6, 2025. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing 877-407-5976 from within the United States/Canada and +1 412-902-0031 from outside of the United States/Canada.

Alset AI Provides Update on Majority Acquisition of Cedarcross Technologies and Commentary on DeepSeek AI

VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce progress in its previously announced proposed acquisition of an aggregate 26% stake of Cedarcross International Technologies Inc. ("Cedarcross Technologies"), the Company's flagship AI cloud computing infrastructure portfolio company (the "Acquisition"). While the closing process has taken longer than initially anticipated, the Company is in the final stages of due diligence and is actively working to complete the Acquisition, subject to the approval of the TSX Venture Exchange. Upon closing, Alset AI will hold an approximately 75% equity interest in Cedarcross Technologies, reinforcing its commitment to driving innovation in AI cloud infrastructure.

Tortoise Capital Announces 2024 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report

Tortoise Energy Infrastructure Corp. (NYSE:TYG)Tortoise Midstream Energy Fund, Inc. (NYSE:NTG)Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP)Tortoise Energy Independence Fund, Inc. (NYSE:NDP)Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ)Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF)

Meta posts big profit, aims to take AI lead

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.

Brazil central bank hikes interest rate as Lula's woes mount

Brazil's central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President Luiz Inacio Lula da Silva's government, which is struggling to curb high inflation.

Global stocks mixed as market awaits ECB decision

Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with the Federal Reserve holding steady on interest rates ahead of an ECB decision.

Tesla results miss estimates, citing lower vehicle prices

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025.

US Fed pauses rate cuts, will 'wait and see' on Trump policies

The US Federal Reserve left its key lending rate unchanged Wednesday and adopted a patient "wait and see" approach to Donald Trump's economic policies, in the first decision since his return to the White House.

Rwanda-backed fighters advance into DR Congo after mostly seizing city

Rwanda-backed fighters advanced on a second front in their lightning offensive across eastern DR Congo on Wednesday after seizing control of most of the key city of Goma during heavy fighting with the Congolese military.

US Fed pauses rate cuts, resisting Trump pressure

The US Federal Reserve left its key lending rate unchanged Wednesday, resisting pressure from President Donald Trump to continue with cuts in the first rate decision since his return to office.

Germany's far-right 'firewall' crumbles as migration debate flares

Weeks before Germany's elections, a heated immigration debate inflamed by a deadly knife attack sparked a political earthquake Wednesday when conservative parties for the first time cooperated with the far-right AfD.

With China's DeepSeek, US tech fears red threat

The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late.

Immigration 'flooding' remark row piles pressure on French PM

Prime Minister Francois Bayrou was at risk on Wednesday of losing the little tacit opposition support he relies on in parliament after suggesting that immigrants were "flooding" France.

Frenchman on trial for killing ex-partner after years of alleged abuse

A Frenchman went on trial Wednesday accused of stabbing to death his former partner, who had filed repeated complaints with authorities over years of abuse and warned that she could end up being killed.

Maison Margiela names new director during Paris Haute Couture Week

Belgian designer Glenn Martens was unveiled Wednesday as the successor to John Galliano as creative director of French fashion house Maison Margiela on a busy day of Haute Couture Week in Paris.

German industry sounds alarm as government cuts growth forecast

The German government on Wednesday slashed its growth forecasts for 2025 as industry leaders sent dire warnings over the country's economic health and staged nationwide protests to urge reforms.

Rwanda-backed group controls most of DRC city as mediator urges talks

Rwanda-backed fighters controlled almost all of the DR Congo city of Goma Wednesday where residents were re-emerging after days of deadly fighting and Angola urged leaders of both countries to urgently hold peace talks.

Immigration row piles pressure on French PM after 'flooding' remark

Prime Minister Francois Bayrou was at risk Wednesday of losing the little tacit opposition support he relies on in parliament after suggesting that immigrants were "flooding" France.

'Good news': Dutch chip giant ASML welcomes DeepSeek

The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector.

Stocks firm after tech rout; dollar steady before Fed rate call

Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses thanks to easing worries over Chinese artificial intelligence startup DeepSeek.

Tesla to report results for 1st time since Trump elected president

Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.

Spanish economy shines in 2024 with 3.2% growth

The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday.

Shares in Dutch chip giant ASML soar on bullish orders

Shares in Dutch tech giant ASML soared Wednesday despite a dip in annual net profit, as investors cheered better-than-expected orders for its cutting-edge chip-making machines.

Dutch chip giant ASML's net profits dip in 2024

Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector.

Sony names new CEO in management reshuffle

Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation.

UK eyes third Heathrow runway in growth takeoff bid

Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at London's Heathrow airport as the Labour government seeks to kickstart economic growth.

Japan #MeToo survivor says media are failing in wake of Fuji TV scandal

Japanese media are still failing to report sexual assault cases properly, a key figure in the country's nascent #MeToo movement told AFP in the wake of the scandal surrounding celebrity Masahiro Nakai and Fuji TV.

SpaceX mission to return US astronauts to happen 'soon': Trump

US President Donald Trump said Tuesday that Elon Musk's company SpaceX will "soon" begin a mission to repatriate two American astronauts who have been stranded for months on the International Space Station.

Who might buy TikTok in the US?

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.

Fire-hardened house offers lessons on rebuilding Los Angeles

The house that Michael Kovac built is the only one on his street still standing after a huge fire raced through his Los Angeles neighborhood.

Starbucks profits fall but points to progress in turnaround

Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described various pilot program tests to reinvigorate the chain.

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Arizona Tribune - Economy (English)