Author: Team NIDO

NIDO, a nest. Nurturing Investments. Developing Opportunity.

Donald Trump warns Michelle Obama that he made a ‘big mistake’ by being ‘mean’ to herYour support helps us tell the storyread moreMost polls show this election remains close. In a race this close, reporters are needed on the ground to talk to the people Trump and Harris are courting. Your support allows us to keep sending journalists to this story.The Independent is trusted every month by 27 million Americans from across the political spectrum. Unlike many other quality news organizations, we don’t lock you away from our reporting or analysis with a paywall. But quality journalism must still be…

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Louisiana Tech University students recently elected 14 students to represent their student body on the 2024 Homecoming Court. Student organizations on campus nominate students to the court. These candidates will participate in an interview process, and the student body will vote on candidates to represent the Louisiana Tech community during Homecoming Week festivities, including pep rallies and parades on November 8 and 9 . The members of the court are: Carter Boone, Kilgore, Texas, third-year electrical engineering student Emily Carr, Shreveport, fourth-year biology student Camille Coco, Marksville, fourth-year industrial engineering student Dixie Corey, Oak Grove, third-year English student Laura Catherine…

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With its imposing hurricane barrier like a golden door, New Bedford’s harbor gives refuge to the Ernestina-Morrissey, the famed sailing ship that was the last of its kind to carry immigrants in regular service to the United States. Its journeys to Cape Verde from 1948 until 1965 helped New Bedford grow the largest Cape Verdean population in the United States, though that community’s presence dates back to the city’s whaling days. The wooden schooner, like the city, has moored its impressive and winding history to a tradition of immigration. Its mast and hull have been the backdrop for New Bedford residents…

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Bank of Canada Governor Tiff Macklem suggested in a statement today that the central bank could cut interest rates further if Canada’s economy performs as expected. The Bank of Canada already cut its benchmark interest rate by 50 basis points to 3.75% last week and is considering further rate cuts to stimulate demand and keep inflation at target levels. Speaking before the House Treasury Committee, Macklem emphasized that the central bank is prepared to adjust interest rates downward to support demand and ensure inflation remains on target. The move follows a series of interest rate cuts that began in June,…

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Google’s parent company Alphabet (GOOG, GOOGL) released third-quarter financial results after the bell on Tuesday, with revenue and bottom line profits exceeding analyst expectations as the cloud business continues to expand, and the big tech company’s earnings. We got off to a good start. The search giant reported earnings per share of $2.12 and revenue of $88.27 billion. Analysts had expected earnings of $1.83 per share and revenue of $86.44 billion, according to data compiled by Bloomberg. Advertising revenue exceeded $65.85 billion, compared to analysts’ expectations of $65.5 billion, and was up from $59.65 billion a year earlier. Here’s what…

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(1) Refer to “Non-GAAP Measures” in this earnings release for additional information on the usage and presentation of these non-GAAP measures, and refer to the financial tables for reconciliations to the most directly comparable GAAP measures. “HTLF delivered a solid third quarter. Net interest margin increased as we continue to pay down high cost wholesale deposits. Our tangible common equity ratio improved to 8.14%. In July we completed the strategic sale of Rocky Mountain Bank in Montana, resulting in a net gain of $29.7 million. We continue to work closely with our partners at UMB on integration planning for our…

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OpenAI CEO Sam Altman at the U.S. Capitol in Washington, DC, January 11, 2024. Photo: Kent Nishimura (Getty Images)in this storyOpenAI is undoubtedly the winner of the current artificial intelligence boom. And now it’s reportedly developing its own chip to help fuel that growth.CEO says audience will be the main beneficiary of AI in the media industryChatGPT maker is working with Taiwan Semiconductor Manufacturing Co. (TSM +1.27%) and Broadcom (AVGO +4.20%) to produce its own in-house AI chips as infrastructure demand grows, Reuters The news agency reported this, citing anonymous sources familiar with the matter. It is also reportedly adding…

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OKLAHOMA CITY — Repeated lack of communication from State Superintendent Ryan Walters’ administration led to delays in distributing school funds and complaints from school districts, a legislative investigation has found. The Legislative Office for Fiscal Transparency investigated a variety of legislators’ concerns about the Oklahoma Department of Education, all related to schools receiving funding and information in a timely manner. LOFT staff presented their findings to House members at the State Capitol on Tuesday. Walters called the hearing “a complete waste of the people of Oklahoma.” He criticized the LOFT investigation as a “plot” by House Speaker Charles McCaul and…

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U.S. Treasury Secretary Janet Yellen emphasized the importance of tailoring banking regulations to the specific activities of financial institutions, with the goal of reducing unnecessary compliance burdens. Yellen spoke Tuesday at the American Bankers Association’s annual meeting in New York, announcing her intention to maintain strong capital requirements. Yellen specifically highlighted the benefits of strong capital controls established after the 2007-2009 financial crisis, which she credited with strengthening the U.S. economy’s resilience during the COVID-19 pandemic. He emphasized the critical role of a well-capitalized banking system in ensuring economic health and resilience. “I recognize that a healthy banking system is…

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MIAMI (AP) – U.S. immigration authorities illegally kept more than $300 million in deposits paid by tens of thousands of low-income immigrant families and U.S. citizens, according to a lawsuit filed Tuesday.Motley Rice LLC, one of the companies that filed the lawsuit in federal court in the Eastern District of New York, said $240 million in unclaimed funds were left in the U.S. because U.S. Immigration and Customs Enforcement held the funds for too long. The money was reportedly transferred to an account at the Ministry of Finance.The lawsuit addresses long-standing complaints and seeks class-action status against people who paid…

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