CHICAGO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI) , a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on January 31, 2025, to common stockholders of record at the close of business on January 17, 2025. About Methode Electronics, Inc. Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs utilizing our broad range of technologies for user interface, lighting system, power distribution and sensor applications. Our solutions are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus, and rail), cloud computing infrastructure, construction equipment, and consumer appliance. Our business is managed on a segment basis, with those segments being Automotive, Industrial, and Interface. For Methode Electronics, Inc. Robert K. Cherry Vice President Investor Relations rcherry@methode.com 708-457-4030
Trade Finance Marketplaces: Connecting Buyers and Sellers EfficientlyDanny Jones’ wife breaks down in tears on camera as she admits she struggling while he’s on I’m A CelebOTTAWA - Peter Anholt tried to keep things light as he emerged from one of the elevators at Canada’s hotel. The temperature had been turned way up on the veteran hockey executive and the country’s under-20 program after a stunning upset some 12 hours earlier. “You only want to talk to me when things are bad, eh?” Anholt joked to reporters Saturday morning. “Is that how this works?” That is indeed what happens when a powerhouse with a record 20 gold medals expected to roll over an opponent suffers one of its worst all-time defeats at the tournament. Canada was embarrassed on home soil 3-2 by Latvia — a country it had thumped by a combined 41-4 score across four previous meetings — in a shocking shootout Friday. Coming off a disastrous fifth-place finish last year in Sweden and having talked a lot about upping their compete level and preparation, the Canadians looked disjointed for long stretches against the plucky, hard-working Latvians. The power play finally clicked late in the third period, but stands at 1-for-7 through two games, while the top line of Easton Cowan, Calum Ritchie and Bradly Nadeau has yet to translate its pre-tournament chemistry into success in the spotlight. “We’re certainly trying to problem solve, but not throw the baby out with the bath water,” said Anholt, who heads the world junior setup. “We’ve got to be really careful.” Canada, which picked up a solid 4-0 victory over Finland to open its tournament Thursday, had plenty of offensive zone time and directed 57 shots at Latvian goaltender Linards Feldbergs. Included in that total, however, were far too many one-and-done efforts from the perimeter with little traffic in front. There were, of course, desperate spurts — especially late in regulation and in 3-on-3 overtime — but not nearly enough for a roster peppered with first-round NHL draft picks and top prospects. “We played really, really hard,” Anholt said in defending his players. “We controlled the puck lots. We created some chances. Their goalie was really good and they defended really good ... 99 times out of 100 we win that game.” Hoping for a big response Sunday against Germany before meeting the United States on New Year’s Eve to tie a bow on round-robin action in Group A, Canada will have to push ahead minus one of its best players. Star defenceman Matthew Schaefer was injured Friday and is done for the tournament after he slammed into Latvia’s net and skated off favouring his left shoulder area. “Tough blow for the kid,” Anholt said. “The way he plays the game, he plays it at such a high speed.” Cowan, a Toronto Maple Leafs first-round selection, said Canada remains confident despite Friday’s ugly result in the nation’s capital. “We’re good,” said the 19-year-old from Mount Brydges, Ont. “Everyone’s lost a hockey game before.” But not like that — or to that opponent on that stage. “Bit of a (crappy) feeling,” said Nadeau, a Carolina Hurricanes prospect from St-Francois-de-Madawaska, N.B. “We all know what this group is capable of. Losing that game is not our standard. “We’ll bounce back.” Some corners of social media exploded following the Latvian debacle, with heavy criticism directed at head coach Dave Cameron and the team’s overall roster construction. “We’re not really worried about it,” defenceman and Ottawa native Oliver Book, who like Cowan is back from last year’s team, said of the outside noise. “We know we didn’t play well.” Canada appears poised to mix things up against the Germans. Vancouver Canucks prospect Sawyer Mynio of Kamloops, B.C., is set draw in for Schaefer, while Anholt indicated there’s a good chance forward Carson Rehkopf will get his first crack at the 2025 tournament as a returnee. The 19-year-old Seattle Kraken second-round pick from Vaughan, Ont., has scored a combined 78 goals over his last 97 regular-season and playoff games in the Ontario Hockey League. “Great player,” Cowan said. “He finds ways.” Anholt said taking a big-picture approach is key in challenging moments. “Let’s not panic,” he said. “The world hasn’t fallen in. It’s hard, but we’ll learn from it.” It’s something Canada will have to do under intense scrutiny. “People are gonna love you and people are gonna hate you,” said Cowan, who has a goal an assist through two games. “Gotta keep doing you.” Anholt, who was also at the helm 12 months ago when Canada never got in gear, isn’t getting 2024 vibes from this year’s group. “Not even in any way, shape or form,” he said. “We’ve just got to take care of business.” They get a first shot at redemption Sunday. This report by The Canadian Press was first published Dec. 28, 2024.Article content As 2024 fades into the history books, now’s a good time to take stock of our government so we can look forward to a new year that brings change and stability. The dying days of the old year brought chaos to Parliament Hill, caused by the resignation of Finance Minister Chrystia Freeland and procedural wrangling over the government’s refusal to hand over documents related to a green slush fund. Sustainable Development Technology Canada was supposed to help innovative environmental companies. About $400 million was handed out in questionable grants and when MPs asked to see documentation for who received the money, the Liberals balked. House Speaker Greg Fergus has said no other business can proceed until the Liberals produce the documents, so Parliament has ground to a halt. This shows a shocking disregard for parliamentary privilege; MPs have the right to ask for and get vital documents such as this. It shows an unmitigated arrogance on the part of Prime Minister Justin Trudeau that he won’t cough them up. It is, however, consistent with Trudeau’s track record. He shows disdain for Opposition politicians and the people they represent. Those who cross him — be it his former attorney-general Jody Wilson-Raybould or Freeland — are summarily fired. In Freeland’s case, her resignation letter threw the government into even more turmoil. Trudeau has stumbled from one scandal to another — yet he hangs tough. In 2017, then-ethics commissioner Mary Dawson found he’d breached the rules in connection to a 2016 vacation trip to the Aga Khan’s private island. In 2020, his government was probed over almost $1 billion in controversial contracts to family friends in the WE charity. The ethics commissioner ruled Trudeau hadn’t breached conflict of interest rules, but his then-finance minister, Bill Morneau, had put himself in a position of conflict of interest. Morneau later quit politics. RECOMMENDED VIDEO Then there’s ArriveCAN, where about $54 million was spent on an app that should have cost a fraction of that and which only 4% of travellers now use. After each gaffe, Trudeau says he’ll do better. He doesn’t. He rolls along to the next embarrassing gaffe. We’re told he’s contemplating his future over the holidays. He shouldn’t have to. His party should give him the boot before he can do more damage.
'Let's not panic': Canada picks up the pieces after ugly Latvia loss at world juniorsBiden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Biden's broken promise on pardoning his son Hunter is raising new questions about his legacy WASHINGTON (AP) — President Joe Biden’s decision to go back on his word and pardon his son Hunter wasn't all that surprising to those who are familiar with the president's devotion to his family. But by choosing to put his family first, the 82-year-old president has raised new questions about his legacy. Biden has held himself up as placing his respect for the American judicial system and rule of law over his own personal concerns. It was part of an effort to draw a deliberate contrast with Republican Donald Trump. Now, both his broken promise and his act of clemency are a political lightning rod. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Qatar tribune dpa Washington US President-elect Donald Trump on Friday stepped into the ongoing dispute over the potential ban of the China-based video app TikTok in the United States, asking the Supreme Court to delay a law mandating the app’s sale. Trump argued that continued negotiations could save the platform while addressing national security concerns. The law, which took effect in April, requires TikTok’s Chinese parent company, ByteDance, to divest its ownership by January 19 or face removal from US app stores. The justification cites the risk that China could gain access to US data and exert political influence. While TikTok’s court challenges have so far failed, the Supreme Court has agreed to hear the case. A hearing is scheduled for January 10 to consider whether the law violates the First Amendment right to freedom of speech. While US President Joe Biden has the authority to extend the deadline for TikTok by three months, this would require progress in ongoing sales negotiations. However, TikTok has so far refused to consider a change of ownership. Former and soon-to-be president Trump tried to ban TikTok during his first presidency by issuing an executive order in 2020 that would have had that effect, saying TikTok’s “risks are real.” That attempt was thwarted by a US federal judge, who said the then president did not have the authority to ban the app. Trump has recently reversed his position on the popular app. TikTok says it has 170 million users in the US. Copy 29/12/2024 10Methode Electronics’ Board Approves Dividend
With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers themselves. Gone are the days of clunky phishing emails riddled with typos. Today’s fraudsters are using advanced social engineering scams to target consumers directly, leveraging fear, urgency and even fake customer service lines to dupe unsuspecting victims into handing over sensitive information. The latest PYMNTS Intelligence in “ The State of Fraud and Financial Crime in the U.S. ” reveals that social engineering fraud has increased by 56% in the past year. While FIs have made strides in curbing traditional digital payment fraud, the escalating sophistication of scams highlights critical gaps in their defenses. Unlike traditional digital payment fraud — which saw a significant decline in its share of dollar losses, dropping by 57% in 2024 — social engineering scams exploit human psychology rather than technological loopholes. Fraudsters now rely on “customer-centric” tactics, leveraging trust to bypass the robust security systems FIs have built around digital payments. This shift underscores the need for FIs to continuously adapt their fraud prevention strategies and prioritize customer education to mitigate the growing threat of social engineering scams. Read more : Financial Scams Drive 122% Increase in Fraud Losses by US Banks Fraudsters Target Consumers as Banks Beef Up Security The decline in digital payment fraud is a testament to the effectiveness of advanced security measures, such as transaction alerts and device fingerprinting. Yet, combating social engineering scams requires a different approach. A PYMNTS Intelligence report, “ The Impact of Financial Scams on Consumers’ Finances and Banking Habits ,” a collaboration with Featurespace , revealed that financial scams are widespread, affecting 3 in 10 U.S. consumers in the past five years. Scams damage consumer trust in FIs. Over half of victims consider switching FIs, and 30% actually do. The sad reality is that the true incidence of scams is likely higher than what’s being reported, due to embarrassment and perceived futility of reporting. Sixty-five percent of victims blame themselves for falling victim to fraud. But against that backdrop, the same PYMNTS Intelligence data shows that victims prioritize advanced fraud detection and monitoring technologies as the most important safeguards financial institutions can implement. Behavioral analytics — an emerging technology that analyzes patterns in user behavior to detect anomalies — has proven particularly adept at identifying scams that exploit human targets. “[End-users] often don’t have a lot of time to look at a particular message. It becomes harder to understand of it’s a ‘real’ message or one that’s trying to deceive us,” David Excell , founder of Featurespace , told PYMNTS, highlighting the role that technology can play in preventing fraud before the bad actor can stick their foot in the front door. However, a striking 83% of FIs cite budgetary constraints as a barrier to implementing new anti-fraud technologies or enhancing existing ones. While the cost of innovation remains a challenge, FIs must weigh these expenses against the financial and reputational risks of inaction. Read more : Why the Customer Experience Should Drive Fraud Prevention Strategies Winning the Digital Game of Cat and Mouse Forget the stereotype of elderly victims falling prey to smooth-talking fraudsters. Today, it’s the digital-savvy millennials and Gen Z consumers who are more likely to take the hit, per PYMNTS Intelligence. These generations, often perceived as tech-literate, are still frequent targets for scams like identity theft, fake eCommerce schemes and investment fraud, which can deliver devastating financial blows. Scammers do more than deceive their targets. These criminals contribute to undermining trust and confidence in FIs, online transactions and the financial system as a whole. Financial institutions sit at the front lines of this battle and have an opportunity — if not an obligation — to take a stand. From advanced fraud detection technologies to streamlined reporting processes, FIs can empower consumers with tools to detect, report and recover from scams. The fight against fraud is a dynamic and high-stakes battle. As fraudsters continue to refine their strategies, FIs must demonstrate equal agility by embracing innovation and prioritizing customer protection. Institutions that fail to adapt risk not only financial losses but also erosion of customer trust — a critical component of their long-term success.Stock market today: Wall Street’s rally stalls as Nasdaq pulls back from its record
panelists Symone Sanders, Michael Steele, and Alicia Menendez practically wanted to bring out the popcorn as they recapped the ongoing incited by Department of Government Efficiency co-heads and billionaires, and . In a Saturday discussion on , the trio didn’t hide their glee as they recapped how Musk and Ramaswamy’s had soured relations with some MAGA die-hards after they suggested that Americans didn’t have the skills to compete with foreign workers in the tech space. “Honey, the girls are fighting! The girls are fighting!” announced Sanders. Steele added, “Oh, this is fun! This is fun! So, let me get this straight, Vivek Ramaswamy, he just didn’t write a tweet, he wrote a —” Menendez interjected, “Screed. It was a screed!” The “screed” in question being Ramaswamy’s in which he declared: “Our American culture has venerated mediocrity over excellence for way too long...” He added, “A culture that venerates Cory from ‘Boy Meets World,’ or Zach & Slater over Screech in ‘Saved by the Bell, or ‘Stefan’ over Steve Urkel in ‘Family Matters,’ will not produce the best engineers.” The MSNBC panel seemed particularly amused by Ramaswamy’s apparent turn as a TV critic, with Steele musing, “I mean it just went on, and he laid out basically, ‘Y’all white folks out here should have been focused on doing a little bit more Urkel than anything else. Less Stefon.’” He added, “I’m tickled. I’m tickled by this. Who would have seen this coming?” The reason top tech companies often hire foreign-born & first-generation engineers over “native” Americans isn’t because of an innate American IQ deficit (a lazy & wrong explanation). A key part of it comes down to the c-word: culture. Tough questions demand tough answers & if... — Vivek Ramaswamy (@VivekGRamaswamy) Sanders weighed in, “Well, I mean definitely not the folks that voted for Donald Trump, and certainly American workers.” Sanders continued, “But let’s be very clear, there is nothing wrong with people who are not from this country coming here, making a better life, contributing to the American fabric, okay? That’s something I fundamentally believe in. America is the land of the free, home of the brave, all that good stuff that Elon Musk was tweeting about. However, please don’t come for Americans.” Sanders, Bernie Sanders' former press secretary, then reiterated the “insanity” of Ramaswamy’s post and had a call to action. “And I would like—let’s be very clear—I would like white Americans to stand up. This is your calling card, honey, where is your banner? Because they’re coming for you!" she said, adding, “They say white and lazy. That’s crazy! That’s crazy! And if I said it, you would be coming for me! I would never say it because that’s insane!”
Rataj has 16 in Oregon State's 74-65 victory against Charleston
Oman launches food security projects to ensure supply, sustainabilityAn independent survey into burnout and stress at work has found that one-in-four (24 percent) UK workers have taken time off in the past 12 months due to stress, while over a third (34 percent) have experienced burnout in the same period. This information came as nearly three-in-ten (28 percent) say they are likely to change jobs between now and the end of 2025. The research comes from the company Avilio (a productivity and performance coaching provider). The survey was based on a poll among 1,284 UK workers, 739 of whom were in management positions. Of those who are managers, 38 percent said they are stressed on a day-to-day basis in their professional lives. When managers were questioned about their employers’ response to employee wellbeing, 58 percent suggested their organisation has initiatives in place to monitor and improve employees’ wellbeing. A similar number (61 percent) believe that their organisation cares about their stress and emotional wellbeing. This comes as nearly three-in-ten (28 percent) employees say they are likely to change jobs between now and the end of 2025. Philippe Masson, CEO of Avilio, tells Digital Journal: “Clearly, there’s a disconnect between the wellbeing initiatives in place and the actual needs of employees. Even though many feel their organisation cares about their stress and emotional wellbeing, rampantly high levels of stress and burnout suggest that current efforts are just not enough – it’s time for employers to change that.” Masson follows this up by considering the tactics that companies can adopt to help to reduce the impact: “True support should go beyond awareness and tick-box policies. It requires consistent, proactive, evidence-based solutions that effectively reduce stress and foster a healthier workplace.” There are other reasons why this is in the interests of the firm: “Such a significant proportion of workers taking time off consistently has clear financial implications for businesses and without robust solutions in place, they will continue paying the price. In addition, they risk losing out on top talent – and with so many looking to leave their jobs, it’s clear that retention should be a top priority.” To do is also in keeping with the ‘good employer’ paradigm, observes Masson: “Greater levels of support to reduce stress and burnout would strengthen both employee wellbeing and staff retention rates. After all, a healthy and well-functioning workforce cannot be built on good intentions alone, but instead forged through meaningful policies that truly meet employees’ needs.” Dr. Tim Sandle is Digital Journal's Editor-at-Large for science news.Tim specializes in science, technology, environmental, business, and health journalism. He is additionally a practising microbiologist; and an author. He is also interested in history, politics and current affairs.
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WEST PALM BEACH, Florida, - President-elect Donald Trump on Saturday sided with key supporter and billionaire tech CEO Elon Musk in a public dispute over the use of the H-1B visa , saying he fully backs the program for foreign tech workers opposed by some of his supporters. Trump's remarks followed a series of social media posts from Musk, the CEO of Tesla and SpaceX, who vowed late Friday to go to "war" to defend the visa program for foreign tech workers. Trump, who moved to limit the visas' use during his first presidency, told The New York Post on Saturday he was likewise in favor of the visa program. "I have many H-1B visas on my properties. I've been a believer in H-1B. I have used it many times. It's a great program," he was quoted as saying. Context: Elon Musk vows 'war' over H-1B visa program amid rift with some Trump supporters Musk, a naturalized U.S. citizen born in South Africa, has held an H-1B visa, and his electric-car company Tesla obtained 724 of the visas this year. H-1B visas are typically for three-year periods, though holders can extend them or apply for green cards. The altercation was set off earlier this week by far-right activists who criticized Trump's selection of Sriram Krishnan, an Indian American venture capitalist, to be an adviser on artificial intelligence, saying he would have influence on the Trump administration's immigration policies. Musk's tweet was directed at Trump's supporters and immigration hard-liners who have increasingly pushed for the H-1B visa program to be scrapped amid a heated debate over immigration and the place of skilled immigrants and foreign workers brought into the country on work visas. On Friday, Steve Bannon, a longtime Trump confidante, critiqued "big tech oligarchs" for supporting the H-1B program and cast immigration as a threat to Western civilization. In response, Musk and many other tech billionaires drew a line between what they view as legal immigration and illegal immigration. Trump has promised to deport all immigrants who are in the U.S. illegally, deploy tariffs to help create more jobs for American citizens and severely restrict immigration. The visa issue highlights how tech leaders like Musk ‒ who has taken an important role in the presidential transition, advising on key personnel and policy areas ‒ are now drawing scrutiny from his base. The U.S. tech industry relies on the government's H-1B visa program to hire foreign skilled workers to help run its companies, a labor force that critics say undercuts wages for American citizens. Musk has spent more than a quarter of a billion dollars helping Trump get elected in November. He has posted regularly this week about the lack of homegrown talent to fill all the needed positions within American tech companies. (Reporting by Nandita Bose in Washington; additional reporting by Douglas Gillison in Washington; Editing by Chizu Nomiyama and Leslie Adler)Terns Pharmaceuticals Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(C)(4)
Minnesota is focused on one final task before it sets its sights on the Big Ten Conference season. The Golden Gophers (7-5) will look to finish 2024 on a high note when they host Morgan State on Sunday afternoon in Minneapolis. It will be the final nonconference game for Minnesota before it begins conference play in earnest with a home date against No. 21 Purdue on Thursday. Meanwhile, Morgan State (6-9) is hoping to break out of a skid that has included seven losses in its past 10 games. The Bears are coming off a 99-72 loss against No. 3 Iowa State on Dec. 22. The highest scorer on either team is Minnesota's Dawson Garcia, who is averaging 19.2 points to go along with a team-high 7.3 rebounds this season. Garcia is shooting 49.7 percent from the field, 85 percent from the free-throw line and 31.8 percent from 3-point range. Mike Mitchell Jr. ranks second on the Golden Gophers with 11.6 points per game. Lu'Cye Patterson is next with 10 points per contest, and Parker Fox is fourth with 6.8 points per game. "At the end of the day, we're all here for a reason," Mitchell said. "We have to produce when we're out there, but once (Garcia) gets going, it helps us all figure it out together." Minnesota coach Ben Johnson has seen opponents focus on slowing down Garcia as the season has progressed. That strategy could create opportunities for other teammates, he said. "Teams are always going to guard Dawson differently," Johnson said. "Are they not switching ball screens? Can you play through him in the post? ... When you get two on the ball, you can (kick) it out. Now you've got an advantage on the backside." For Morgan State, Wynston Tabbs leads the way with 16.1 points per game on 45.9 percent shooting from the field. Three other players are scoring in double figures: Amahrie Simpkins (12.7 points per game), Will Thomas (12.1) and Kameron Hobbs (10.7). Morgan State coach Kevin Broadus wants his players to be more disciplined on defense. "That's one of the things that we have to change," Broadus said. "We're fouling too much." This is the second meeting between the schools. Minnesota pulled away for a 94-64 win on its home court in the inaugural matchup on Dec. 8, 2009. --Field Level Media
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3 Artificial Intelligence Stocks That Lagged in 2024 but Are Set to Soar in 2025SPRINGFIELD, Mo. (AP) — Dez White's 26 points helped Missouri State defeat UCSB 68-56 on Sunday. White shot 6 for 11 (3 for 5 from 3-point range) and 11 of 12 from the free-throw line for the Bears (7-5). Vincent Brady II scored 13 points while going 4 of 8 and 4 of 6 from the free-throw line and added seven rebounds. Michael Osei-Bonsu finished 5 of 8 from the floor to finish with 10 points. Kenny Pohto led the way for the Gauchos (7-5) with 20 points, 10 rebounds and four assists. Cole Anderson added 11 points for UCSB. Deuce Turner finished with seven points. Missouri State took the lead with 6:05 left in the first half and did not give it up. The score was 31-25 at halftime, with White racking up 17 points. Missouri State pulled away with an 8-0 run in the second half to extend a four-point lead to 12 points. They outscored UCSB by six points in the final half, as White led the way with a team-high nine second-half points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .