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Medical marijuana operators ready to light upEd Graney: Sorry, fans, tanking doesn’t enter into minds of playersInter Milan President Declares: ‘Inter Have Many Trophies Historically But We Have To Win Many More”GREEN BAY, Wis. (AP) — Green Bay Packers wide receiver Romeo Doubs left his team’s game against the San Francisco 49ers on Sunday because of a concussion. Doubs’ injury came on a third-quarter play in the end zone that resulted in a pass interference penalty against San Francisco’s Renardo Green. Doubs stayed down briefly after the play, then got up slowly before heading to the sideline. He went into the injury tent before walking to the locker room. The Packers then announced Doubs was out for the rest of the game because of a concussion. He had three catches for 54 yards before leaving. San Francisco defensive tackle Jordan Elliott left in the first half of the game to get evaluated for a concussion and was ruled out at halftime. AP NFL: https://apnews.com/hub/NFL
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Public trust in Japan’s largest financial institutions is faltering after recent scandals involving employees accused of criminal behaviour that jeopardised customers’ wealth and safety. Major firms including MUFG Bank and Nomura Securities are scrambling to repair their reputations as the government pushes for a shift from savings to investments to prepare citizens for retirement. Japan’s largest bank, MUFG Bank, a unit of Mitsubishi UFJ Financial Group, apologised on December 16 following allegations that a former employee stole billions of yen in cash and valuables from customers’ safe deposit boxes. The employee, tasked with managing safes and spare keys at two branches in Tokyo, allegedly used her position to carry out the thefts between April 2020 and November 2023, affecting about 60 customers, Nikkei reported. MUFG Bank President Junichi Hanzawa said the incident “has undermined the customers’ trust and confidence, and shaken the very foundation of our banking business.” In response, the bank has centralised the storage of spare keys at its headquarters, tightened internal procedures, and enhanced employee monitoring. Nomura Securities faced public outrage after a former employee was charged in November with robbery and attempted murder. Authorities said the employee visited a client’s home in Hiroshima in July, drugged a woman, stole 17.87 million yen ($113,515) in cash, and set the house on fire. Nomura announced a series of countermeasures, including stricter supervision of employees, mandatory ethics training, and enhanced compliance protocols. Employees in direct contact with clients must now take annual consolidated leave, during which all client interactions are prohibited. “We take this matter very seriously. An incident like this must never happen at a financial institution entrusted with looking after its clients’ assets,” Nomura said in a December 3 press release. Ten executives, including President Kentaro Okuda, will return part of their salaries in response to the scandal. The recent incidents at MUFG Bank and Nomura Securities fit into a broader pattern of misconductr. Allegations of insider trading have surfaced involving employees at the Financial Services Agency, Tokyo Stock Exchange, and Sumitomo Mitsui Trust Bank. “The distortion of the old economy is beginning to reveal itself,” Nikkei quoted Chisa Kobayashi, an equity strategist at UBS SuMi Trust Wealth Management, as saying. She noted that outdated corporate practices and slow digitisation contributed to the lack of transparency in Japan’s financial sector. The scandals come as Japan’s government promotes the Nippon Individual Savings Account (NISA) program, aimed at encouraging citizens to invest rather than rely on low-yielding savings accounts. Japan’s low-wage, low-interest environment has left many citizens struggling to save for retirement, with estimates suggesting individuals need more than 30 million yen in addition to pensions. Mutual fund subscriptions under the program tripled in the first half of 2023, reaching 6 trillion yen.Williams Companies Is Now Overvalued
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NEW ROCHELLE, N.Y. (AP) — Thomas Batties II had 16 points in Harvard's 67-61 victory against Iona on Sunday. Batties also contributed eight rebounds and six blocks for the Crimson (4-8). Austin Hunt scored 16 points, shooting 5 for 9 (1 for 3 from 3-point range) and 5 of 6 from the free-throw line. Tey Barbour had 14 points and shot 4 for 6 (3 for 5 from 3-point range) and 3 of 3 from the free-throw line. The Gaels (4-9) were led in scoring by Dejour Reaves, who finished with 22 points and four steals. Adam Njie added 12 points and four steals for Iona. Yaphet Moundi also put up eight points and four blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Crypto industry jockeys for seats at Trump's promised council24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays STAMFORD, Conn. , Nov. 27, 2024 /PRNewswire/ -- 24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange's ability to comply with the Securities Exchange Act. 24X National Exchange will be subject to the SEC's ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange. 24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday . A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing. 24 Exchange CEO and Founder Dmitri Galinov said: "The SEC's approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers." As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities. The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange's executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements. "With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback," Galinov added. "We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company's financial institutional customers have long come to expect." 24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq. 24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange's multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost. About 24 Exchange 24 Exchange allows market participants to seamlessly exchange their exposures at the lowest possible cost. 24 Exchange's mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/ . Media Contact: Eric Andrus , KARV 24Xmedia@karv.global Phone: +1 (212) 333-0275 View original content: https://www.prnewswire.com/news-releases/24-exchange-receives-sec-approval-of-its-new-national-securities-exchange-24x-national-exchange-302317878.html SOURCE 24 Exchange
