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TORONTO — Losses in the tech sector led Canada's main stock index lower Friday, while U.S. stock markets also fell. The S&P/TSX composite index ended down 50.42 points at 24,796.40. In New York, the Dow Jones industrial average was down 333.59 points at 42,992.21. The S&P 500 index was down 66.75 points at 5,970.84, while the Nasdaq composite was down 298.33 points at 19,722.03. The Canadian dollar traded for 69.37 cents US, compared with 69.51 cents US on Tuesday. The February crude oil contract was up 98 cents at US$70.60 per barrel and the February natural gas contract was up six cents at US$3.38 per mmBTU. The February gold contract was down US$22 at US$2,631.90 an ounce and the March copper contract was down less than a penny at US$4.12 a pound. This report by The Canadian Press was first published Dec. 27, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian Press



Sharad Pawar reflects on MVA's poor performance in Maharashtra Elections, vows party revivalBy MICHELLE L. PRICE WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump’s movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer’s comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar.” Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry’s need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump’s world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world’s richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump’s movement but his stance on the tech industry’s hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry’s need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent,” he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Related Articles National Politics | Should the U.S. increase immigration levels for highly skilled workers? National Politics | Trump threat to immigrant health care tempered by economic hopes National Politics | In states that ban abortion, social safety net programs often fail families National Politics | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National Politics | New 2025 laws hit hot topics from AI in movies to rapid-fire guns Trump’s own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump’s businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country” and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he told the “All-In” podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump’s budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.

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Harassment of Peachland's council must end, says mayor (Peachland)By MICHELLE L. PRICE WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump’s movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer’s comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar.” Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry’s need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump’s world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world’s richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump’s movement but his stance on the tech industry’s hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry’s need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent,” he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Related Articles National Politics | Should the U.S. increase immigration levels for highly skilled workers? National Politics | Trump threat to immigrant health care tempered by economic hopes National Politics | In states that ban abortion, social safety net programs often fail families National Politics | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National Politics | New 2025 laws hit hot topics from AI in movies to rapid-fire guns Trump’s own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump’s businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country” and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country,” he told the “All-In” podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump’s budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.European countries put asylum applications from Syrians on hold until further notice on Monday after rebels seized the Syrian capital and President Bashar al-Assad fled to Russia following 13 years of civil war. The decision, which affects tens of thousands of open claims, reflects the rapidly changing political situation in Syria as well as a resurgence of right-wing parties across Europe keen to restrict immigration. Germany opened its doors wide to a surge of asylum seekers in 2015 at the height of Syria's civil war, and is now home to nearly a million Syrians, the largest community in Europe. The Berlin interior ministry said on Monday it would not process asylum requests until there was more clarity on political developments in Syria. Britain paused decisions on asylum claims as well, with the interior ministry saying it was assessing the situation. Under a British government scheme, a total of 20,319 Syrian refugees had been resettled in the country between March 2014 and February 2021, according to the Refugee Council. Other countries including Norway and Austria also announced a suspension of Syrian requests, and France said it hoped to announce a similar decision shortly. Syria was the top country of origin for asylum seekers in Germany this year, with 72,420 applications submitted by the end of November, data from the Federal Office for Migration and Refugees (BAMF) shows. Some 47,270 remain undecided. The pausing of applications does not affect those already granted, according to BAMF. Interior Minister Nancy Faeser said assessments would depend on developments in Syria, and that it was too soon to say whether the country was safe to return to. Norwegian immigration authorities said Syrians' asylum applications would neither be denied nor approved for now. Denmark also paused processing applications and said Syrians whose applications had already been rejected, and who had been given a deadline to leave, would be allowed to remain longer due to the current uncertainty. Austrian Chancellor Karl Nehammer instructed his interior minister to suspend all current Syrian asylum applications and family reunifications, and said that cases in which asylum had been granted would also be reviewed. Greece paused the asylum applications of about 9,000 Syrians, a senior Greek government source told Reuters. Officials have said the government will meet on Friday to finalise the move. Sweden's immigration authority did not immediately respond to a request for comment. Germany is gearing up for a snap election set for February, with far-right and conservative parties topping opinion polls. An Infratest survey published on Friday indicated that voters view migration as Germany's second biggest problem after the economy. ProAsyl, a German group providing legal and practical assistance to asylum seekers, said it might take many months for clarity to emerge on Syria's security situation, potentially exceeding the six-month limit for a decision. Updating the British parliament on the situation in Syria, foreign minister David Lammy warned that developments could potentially trigger more migration into European states. "Seeing so many start to return to Syria is a positive sign for their hopes for a better future now that Assad is gone," Lammy told parliament. "But a lot depends on what happens now. This flow into Syria could quickly become a flow back out and potentially increase the numbers using dangerous illegal migration routes to continental Europe and the United Kingdom."Lankford: The Bible Should ‘Absolutely’ Be Taught in Schools as a Cultural and Historical Document

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SolarEdge shares fall on new CEO appointmentWASHINGTON (AP) — A ninth U.S. telecoms firm has been confirmed to have been hacked as part of a that gave officials in access to private texts and phone conversations of an unknown number of Americans, a top White House official said Friday. Biden administration officials said , as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But deputy national security adviser Anne Neuberger told reporters Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. The update from Neuberger is the latest development in a massive hacking operation that has alarmed national security officials, exposed cybersecurity vulnerabilities in the private sector and laid bare China's hacking sophistication. The hackers compromised the networks of telecommunications companies to obtain customer call records and gain access to the private communications of what officials have said is a a limited number of individuals. Though the FBI has not publicly identified any of the victims, officials believe senior U.S. government officials and prominent political figures are among those whose whose communications were accessed. Neuberger said Friday that officials did not yet have a precise sense how many Americans overall were affected by Salt Typhoon, in part because the Chinese were careful about their techniques, but that a “large number" were in the Washington-Virginia area. Officials believe the goal of the hackers was to identify who owned the phones and, if they were “government targets of interest,” spy on their texts and phone calls, she said. The FBI said most of the people targeted by the hackers are "primarily involved in government or political activity.” Neuberger said the episode highlighted the need for required cybersecurity practices in the telecommunications industry, something the Federal Communications Commission is to take up at a meeting next month. In addition, she said, the government was planning additional actions in coming weeks in response to the hacking campaign, though she did not say what they were. “We know that voluntary cyber security practices are inadequate to protect against China, Russia and Iran hacking of our critical infrastructure,” she said. The Chinese government has denied responsibility for the hacking.

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A senior Taliban leader in Afghanistan has indicated that they will continue to provide refuge to anti-Pakistan militants, describing them as "guests" under the country's traditions. Taliban Information Minister Khairullah Khairkhwa made the rare remarks just days after the Pakistani military reportedly conducted airstrikes against suspected terrorist locations in an eastern Afghan border province. The Taliban claimed that Tuesday's attack in Paktika resulted in the deaths of nearly 50 civilians, predominantly refugees from Pakistan. While the claims could not be verified from independent sources, the United Nations said that it had "received credible reports" from the remote Afghan province that dozens of civilians, including women and children, were killed in the Pakistani airstrikes. Islamabad has refrained from publicly acknowledging the cross-border strikes, but Pakistani security officials anonymously confirmed and told reporters that the military action had targeted and destroyed several "terrorist hideouts" of the Tehrik-e-Taliban Pakistan (TTP), an outlawed group engaged in lethal attacks against Pakistan. Several key TTP commanders were also said to be among more than a dozen militants killed. "We must honor the Afghan nation's commitment to safeguarding these guests, friends," an angry Khairkhwa said while denouncing the Pakistani attack. He was apparently referring to the TTP in his speech aired by Taliban-controlled state television and shared via X social media platform Friday. The Taliban minister emphasized the need for Pakistan "to draw lessons from the consequences of military interventions" in Afghanistan by Britain, the former Soviet Union and the United States, respectively, since the 19th century. "Anyone who attacks Afghanistan or harbors such intentions must learn from the defeat of three superpowers," Khairkhwa asserted. This is the first public admission by a senior Taliban leader regarding the presence of TTP operatives in the country. Previously, Taliban officials have vehemently denied their existence, claiming that no foreign militants are permitted to operate and pose a threat to other nations from Afghan soil. TTP, designated as a global terrorist organization by the United Nations, has escalated attacks in Pakistan since the Taliban's August 2021 resurgence to power in Kabul, killing hundreds of Pakistani civilians and security personnel. On Friday, Pakistani Prime Minister Shehbaz Sharif expressed his government's intention to enhance economic and trade relations with Afghanistan. However, he stated that the threat of TTP-led cross-border terrorism impedes that progress. "Unfortunately, the TTP continues to operate from there and killing innocent people inside Pakistan. This cannot go on," Sharif said in his televised remarks to a Cabinet meeting in Islamabad. "They must rein in TTP. ... This constitutes a red line for us. The TTP operating from Afghan soil is unacceptable under any circumstances," he stressed. Sharif said his country was ready to talk with the Afghan government to address the issue. "But there can be no progress if, on the one hand, they seek to foster relations with Pakistan while simultaneously permitting TTP to operate with impunity," he emphasized. Separately, the Pakistani military reported Friday that its counterterrorism operations and clashes with TTP militants resulted in the killings of over 900 "terrorists" this year, including 27 Afghan suicide bombers and fighters. The violence also left nearly 400 Pakistani security forces and officers dead, said Lieutenant General Ahmed Sharif Chaudhry, the military spokesperson. Who is Khairkhwa? Khairkhwa, a U.N.-sanctioned Taliban leader, was captured by U.S. forces in collaboration with Pakistani counterparts in early 2002 and subsequently transferred to the U.S. Guantanamo Bay prison center. He was freed along with four other senior Taliban leaders in 2014 as part of a Qatar-mediated exchange for the release of U.S. soldier Sgt. Bowe Bergdahl. Following the Sept. 11, 2001, terrorist attacks on the United States, American and Western-allied forces invaded Afghanistan, overthrowing the then-Taliban government due to its refusal to surrender Osama bin Laden, the leader of al-Qaida, who was accused of orchestrating the deadly attacks from his Afghan bases. The Taliban leadership at the time justified its refusal to surrender bin Laden, asserting that he was a "guest" in the country and that surrendering him would violate local traditions. Subsequently, the Taliban regrouped and launched an insurgency against U.S.-led foreign forces, using sanctuaries on Pakistani soil. Bin Laden evaded capture and fled to Pakistan, where he was eventually tracked down and killed by American troops in 2011. Taliban leaders pledged to combat transnational militant networks to prevent them from using Afghanistan as a haven for global attacks after they seized power three years ago. However, an annual U.S. terrorism report released earlier this month cast doubts on Taliban counterterrorism commitments, citing TTP's growing attacks against Pakistan from Afghan sanctuaries and the threat transnational groups pose to regional stability from Afghanistan.US News Today Live Updates: In today’s dynamic landscape, staying updated on the latest developments across the United States is essential. US News delivers the most impactful and current stories from coast to coast, covering a broad spectrum of topics, including politics, economic trends, healthcare, social issues, and cultural shifts. From significant government actions and economic shifts to breakthroughs in technology and the latest social debates, we provide real-time updates and thoughtful analysis to keep you informed. Our goal is to keep you connected to the stories that shape American life, ensuring you’re always in the know on the news that matters. US News Today Live: New releases on OTT in US next week: Here's the ultimate lineup of must-watch shows and movies US News Today Live: Wicked audience review: Stunning visuals, Ariana Grande and Cynthia Erivo’s magical performances feast for the eyes