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Global stocks mostly rose Thursday following strong earnings from artificial intelligence leader Nvidia as bitcoin prices zoomed near $100,000 and oil prices rose. Nvidia itself had a volatile day, finishing modestly higher after several reversals. The chip company reported a whopping $19 billion in profits, although investors wondered if its current rate of stupendous growth is sustainable.Australia dumps plan for fines for social media giants enabling misinformation
Minnesota is poised to spend a record amount of money from state lottery proceeds next year — more than $100 million — to fund conservation efforts ranging from studying young, pregnant moose to replacing the most compromised foot bridges along the Superior Hiking Trail The broad slate of 124 outdoors projects around the state, including a closer look at the resiliency of different walleye strains in warming lakes, was overwhelmingly approved last week by the Legislative-Citizen Commission on Minnesota Resources (LCCMR). The grant package adopted by the bipartisan, bicameral group will roll out in 2025 if approved by the Legislature. “There’s probably something for everyone in this one,’’ said Rep. Rick Hansen, D-South St. Paul, a commission member and chairman of the House Environment and Natural Resources Committee. “It’s very balanced and it follows the will of the voters.’’ Voters this fall overwhelmingly renewed dedicated lottery funding for the outdoors through LCCMR and the Legislature, a system that has delivered more than $1 billion to environmental projects since it began 36 years ago. LCCMR Director Becca Nash said the proposed spending of $103.3 million in 2025 from the Environment and Natural Resources Trust Fund is the largest on record. The fund consists of state lottery proceeds and investment returns. According to a summary of the proposal, about 20 percent of 2025 grant money will go to foundational research and data-gathering while 18.6 percent will go for land acquisition, habitat and recreation. The biggest recipients are public colleges and universities, state government agencies and local or regional governments. Some 70% of the projects are designed to have statewide impact, 15.6% have regional impact and 11% affect the 11-county area around the Twin Cities, according to the summary. Twenty-four of the proposed projects are in line to receive more than $1 million, including a collaborative moose study between the state Department of Natural Resources and the Duluth-based 1854 Treaty Authority, an inter-tribal natural resources program associated with native hunting, fishing and gathering rights in northeastern Minnesota. Morgan Swingen, wildlife biologist for the 1854 Treaty Authority, said the organizers have a lofty goal of capturing 80 moose per year for three years, skewed heavily toward young females. Starting in January or February of 2026, the moose will be fitted with global-positioning (GPS) collars and observed for their reproductive success — in this case a measure of how many young are born to a given cow. The $2 million co-stewardship project with DNR’s Wildlife Health Group is the first in Minnesota to focus on the fertility of “teenage” moose cows. Understanding their reproductive success will provide new data for improved computer modeling of Minnesota’s moose population, Swingen said. The interest is high considering that the state’s moose population 20 years ago was at least two times greater than it is today. For several years, moose numbers in the Arrowhead region have been holding steady around an average of 3,700. Swingen said results of the upcoming research could also better inform Minnesota’s future forestry practices if correlations are found between high fertility and certain types of habitat. “Our main focus is to learn more about survival and reproduction in younger moose,’’ Swingen said. “Adult studies have already been done.’’ To get results, the study team will collect moose droppings during winter and send them to the Smithsonian Institute for hormone analysis that can detect pregnancy. Coupled with DNA identification, researchers will be able to tell which collared cows are pregnant. After the spring birthing season, surveillance flights will be used to track those cows and count how many calves (if any) are traveling beside them. In April 2015, then-Gov. Mark Dayton issued an executive order banning moose collaring by the DNR. Dayton was concerned about the abandonment of some collared calves by their mothers. The order expired when he left office. At the time, experts said the deaths were not enough to hurt the moose population as a whole. Since then, there’s been technology advances with GPS collars and the juvenile moose targeted in the fertility study will weigh about 400 pounds and be independent of their mothers when collared. Another northeastern Minnesota project adopted by LCCMR for 2025 will address bridge deficiencies along the Superior Hiking Trail. Already in the midst of carrying out a broader renewal program, the volunteer-heavy trail association would receive $532,000 to fix bridges and upgrade boardwalks and trailheads. The biggest chunk of that money — $358,415 — is budgeted for bridges. According to the written proposal, the top priority is to re-establish a bridge across the Split Rock River. A storm took the bridge out in 2015, and trail users have been advocating to reinstate it. Volunteers and staff will relocate the bridge and build a new 55-foot span. Next in line for construction work, in order of priority, are the Onion River Bridge, the Baptism River Bridge and Devil Track River Bridge. “These are bridges that span steep ravines and span in length from 35 - 55 feet,’’ according to the proposal. Tens of thousands of people have hiked on portions of the Superior Hiking Trail, which covers 310 miles along a ridge overlooking Lake Superior through eight state parks from Duluth to the Canadian border. The Superior Hiking Trail Association estimates that volunteers will provide more than 4,000 hours to assist with the LCCMR-appropriated installations. Elsewhere in the package of proposed grants is a project titled: “Are all Walleye Created Equal? Probably Not.’’ Set for completion by mid-2027, the $298,000 venture by Nick Phelps, director of the University of Minnesota’s Aquatic Invasive Species Research Center, will investigate three separate Minnesota walleye strains: Pike River, Pine River, and the Lower Mississippi. Researchers will examine the fish for their resiliency to pathogens and warming waters brought about by climate change. “As a cool-water species, walleye are particularly vulnerable to warming temperatures,’’ Phelps wrote in his proposal. “The resilience of walleye strains to warming waters has direct applications and can inform management strategies aimed at sustaining viable walleye populations.’’ The study could have implications for the stocking of baby walleyes into Minnesota’s inland lakes, a prime management strategy to sustain the species for sport fishing. The LCCMR bill includes several mapping projects, including one by University of Minnesota Professor Michael Joyce in Duluth that intends to collect data on ‘’hotspot” locations of conflict between humans and a trio of carnivores: bears, bobcats and coyotes. His map of the conflicts in “human-dominated’' landscapes intends to “fill knowledge gaps to reduce conflicts.’’ It will target Duluth and its surrounding areas. Joyce notes in his proposal that bears are attracted to birdseed and food-laden garbage and can cause plant and property damage. Over the last 20 years, there have been some 2,500 bear-related conflict calls in the greater Duluth area. He noted in his proposal that coyotes can get into trash cans, kill small livestock, and pose a risk to domestic cats and small dogs. Bobcats can kill small livestock and they have been known to hunt close to housing. His $629,000 research project is expected to launch in mid-2026 and finish before January 2029. Another carnivore study in the LCCMR bill will carry high interest among Minnesota deer hunters who believe that wolves are decimating deer numbers across the state’s northern tier. At the University of Minnesota, Associate Professor Joseph Bump will draw $809,000 for a study titled “Deer Survival Within Minnesota’s Densest Wolf Population.’’ His project intends to “disentangle’' how wolves, habitat, and winters affect deer at a time when the decline of whitetail numbers in northern Minnesota has led to ‘’considerable public interest and debate.’’ Bump is a member of the Voyageurs Wolf Project and his study would take place in the “Greater Voyageurs Ecosystem,’’ a northern landscape that the Wolf Project has described as having the densest wolf population in Minnesota. The study is set for completion by June 30, 2028, and the information will be public under LCCMR rules. LCCMR provides a complete public listing of the proposed projects.Charabanc Transportation Launches Ankai Buses In The UAE To Elevate The Regional Transportation Sector.Political tension escalate in Odisha as Cong, BJD, BJP trade barbs over Modi’s remarks
And the Cliffs Pavilion showing of Jack and the Beanstalk is most definitely a giant production in more ways than one this year. Having rekindled my love for the silly festive shows since becoming an uncle I have now seen quite a few Cliffs pantos when both young and old But this is definitely right up there with the very best I have ever witnessed in that time. With Rylan as the show’s biggest name in his role as the Spirit of the Beans, the panto is able to point fun at several Essex references, including a very early jibe at my beloved Southend United. I’m happy to let that slide given how much the rest of the show made me smile and just how entertaining it proved to be. I will often judge a panto by audience participation and levels of laughter. And the reaction from those around me reaffirmed my own feelings as to how enjoyable it had been. Costumes, sets, music choices and dances are all of the highest quality during a high-tempo production which also includes the impressive use of 3D technology at times. Now, this did make me jump but it definitely added to the fun, as too did the characters. Aaron James as Silly Simon was my particular favourite with his constant one liners, impressions and jokes still making me giggle now as I put this together. I don’t want to give too much away but the show’s rendition of the 12 days of Christmas will certainly live long in the memory as too will the interaction with Daisy the cow! Rylan also keeps the audience entertained throughout the evening with his well known charisma but also showed off other areas of his character to add to the comical value of the show. My only slight criticism was that it did not last longer because I was enjoying it so much! Big shout outs must also go to Nic Greenshields as Fleshcreep and Neal Wright as Dame Trot. All in all, this is a show which gives you all the silliness and fun you need from a panto and much, much more. It would be five out of five from me and I am already working towards trying to go and see it again!Rare Disease Treatment Market Size: Strong Growth Ahead (2024-2032)
Wall Street inches higher to set more records
MALAGA, Spain (AP) — The last man to face — and beat — Rafael Nadal in professional tennis, 80th-ranked Botic van de Zandschulp , converted his 10th match point Friday to finally close out a 6-4, 6-7 (12), 6-3 victory over Daniel Altmaier and help the Netherlands reach its first Davis Cup final by sweeping Germany. Tallon Griekspoor, who is ranked 40th, sealed the 2-0 win for the Dutch in the best-of-three-match semifinal by hitting 25 aces and coming back to defeat Jan-Lennard Struff 6-7 (4), 7-5, 6-4. When it ended, appropriately, on an ace, Griekspoor shut his eyes, dropped to his knees and spread his arms wide. “We have been talking about this for two, three years,” Griekspoor said. “We believed in ourselves so much. We always felt like this was possible. To do it now feels unbelievable.” The other semifinal is Saturday, with No. 1-ranked Jannik Sinner and defending champion Italy taking on Australia . The championship will be decided Sunday. “We don’t have that top 5 player. We don’t that top 10 player. We don’t have that top 15 player,” Dutch captain Paul Harhuuis said. “But it’s a team effort. ... So proud of these guys.” In Friday's opener, van de Zandschulp was up a set and just a point away from leading 5-2 in the second when Altmaier began playing more aggressively and interacting more with the German fans, yelling and throwing uppercuts or raising his arms after key points. In the tiebreaker, Altmaier managed to save five match points before converting his own fourth set point to extend the contest. But van de Zandschulp — who upset four-time Grand Slam champion Carlos Alcaraz at the U.S. Open — quickly moved out front in the final set, even if he eventually needed five more match points in the last game before serving it out. “At some point, I didn’t know what to do any more on the match points,” van de Zandschulp said. “I had the toughest match of my life on Tuesday (against Nadal), so everything that comes next is maybe a little bit easier.” In the quarterfinals, van de Zandschulp outplayed Nadal for a 6-4, 6-4 result that marked the end of the 22-time Grand Slam champion’s career because the Netherlands went on to eliminate Spain 2-1. The 38-year-old Nadal announced last month that the Davis Cup would be his final event before retiring. Presumably because people purchased tickets ahead of time with plans to watch Nadal compete in the semifinals, there were hundreds of unoccupied blue or gray seats surrounding the indoor hard court at the Palacio de Deportes Jose Maria Martina Carpena in southern Spain on Friday. Now truly a neutral site, the place was not nearly as loud and rowdy as on Tuesday, although there were shouts of “Vamos, Rafa!” that drew laughter while van de Zandschulp played the 88th-ranked Altmaier. It took Griekspoor more than 75 minutes and nearly two full sets to figure out how to break No. 43 Struff and then did it twice in a row — to lead 6-5 in the second set, and then go up 1-0 in the third. That was plenty, because Griekspoor saved the only two break points he faced. The Netherlands hadn’t been to the semifinals since 2001. The Germans — whose best current player, two-time major finalist Alexander Zverev, is not on the team in Malaga — have won three Davis Cups, but not since 1993, when 1991 Wimbledon champion Michael Stich led them to the title. AP tennis: https://apnews.com/hub/tennis
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ABILENE, Texas (AP) — Sam Hicks scored on a 53-yard run in the fourth quarter and finished with 171 yards on the ground to lead Abilene Christian to a 24-0 victory over Northern Arizona on Saturday in the first round of the FCS playoffs. The Wildcats (9-4), ranked No. 15 in the FCS coaches poll and seeded 15th, qualified for the playoffs for the first time and will travel to play No. 2 seed and nine-time champion North Dakota State (10-2) on Saturday at the Fargo Dome. The Bison had a first-round bye. Abilene Christian grabbed a 7-0 lead on its second possession when Carson Haggard connected with Trey Cleveland for a 37-yard touchdown that capped a 10-play 97-yard drive. Northern Arizona (8-5), ranked 17th but unseeded for the playoffs after winning five straight to get in, picked off Haggard on the Wildcats’ next two possessions but could not turn them into points. NAU went for it on fourth-and-goal at the 1-yard line with 9:30 left before halftime, but Jordan Mukes tackled Ty Pennington for a 4-yard loss. That led to a 46-yard field goal by Ritse Vaes and a 10-0 lead at halftime. The score remained the same until Hicks’ big run with 10:16 left to play. Haggard passed 6 yards to Blayne Taylor for the final score with 2:16 to go. Haggard completed 23 of 29 passes for 244 yards with three interceptions. Abilene Christian’s defense allowed at least 20 points in every game during the regular season and yielded at least 30 six times. The Wildcats lost their season opener to FBS member Texas Tech 52-51 in overtime. Abilene Christian’s last shutout came in a 56-0 victory over Lamar on Sept. 25, 2021. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and
After 10 months of work, the bipartisan Task Force on Artificial Intelligence in the US house of Congress has unveiled its report, outlining recommendations for federal AI policy. The sweeping 253-page report [PDF] makes 89 recommendations based on 66 key findings in 15 different areas. The 24-member (evenly split between Democrats and Republicans) Task Force – an offshoot of the committee on science and space technology – said the aim of all these is to keep the US competitive in AI while simultaneously taking action to address some of the problems that have already arisen due to its rapid rise in relevance. "AI has tremendous potential to transform society and our economy for the better and address complex national challenges," Task Force chairman Jay Obernolte (R-CA) and co-chairman Ted Lieu (D-CA) wrote in an introductory letter accompanying the report. "Nevertheless, we also recognize that AI can be misused and lead to various types of harm. "This report encapsulates a targeted approach that balances the need to promote vibrant AI innovation while safeguarding Americans from potential harms as we enter an era of widespread adoption of AI," the chairs added. The report, which the Task Force said it spent 10 months working on in consultation with "business leaders, government officials, technical experts, academics and legal scholars," covers a lot of ground. It examines government AI use, finding that the feds "should be wary" of using algorithms to inform decisions and recommending the development of AI standards. It also highlights the need to invest in AI education to ensure the identified gap in "talent needed to research, develop, and deploy AI applications" doesn't continue to grow. Additionally, the Task Force suggests clarifying intellectual property laws to address challenges posed by GenAI to the creative community, "appropriately countering the growing harm of AI-created deepfakes," and developing methods to ensure content authenticity can be verified. The members also say Congress needs to act to ensure new privacy laws are written in a "generally applicable and technology-neutral" manner to conform with future AI challenges, a need to support the Defense Department in the development of safe and responsible AI, the establishment of AI research standards, and providing resources and support for small businesses to adopt AI technologies effectively. Healthcare, agriculture, and financial services are mentioned as three distinct areas in which AI could play a huge role in coming years – the report identifies the need to properly guide development in those sectors to ensure farmers, patients, and consumers benefit from advancements. The report also expresses concern with the "increased risk that malicious actors could use open [source AI] models to cause harm." It recommends the need to monitor such models for risk without restricting their development, as the Task Force found "limited evidence that open models should be restricted." As for civil rights and civil liberties, the Task Force acknowledges the potential for misuse of AI by the government and law enforcement agencies. "AI models, and software systems more generally, can produce misleading or inaccurate outputs," the report finds. "Acting or making decisions based on flawed outputs can deprive Americans of constitutional rights." To counter those issues, the report recommends agencies "understand and protect against using AI in discriminatory decision making" and suggests the creation of standards and evaluation procedures "to mitigate flawed decision-making involving AI systems." The American Civil Liberties Union commended the report, with senior policy counsel Cody Venzke expressing satisfaction that the Task Force admitted AI is leading to real harms for Americans due to misuse. "Curbing those abuses of AI is not a partisan issue, and more concrete action is needed to protect civil rights, while maintaining states' authority to build on those protections," Venzke said. The report also mentions the need for the federal government to take action while being careful not to illegally preempt state laws. "The Task Force is appropriately cautious when wrestling with issues around deepfakes, open source AI, digital identity, and other issues, recognizing that legislators should consider a wide array of tailored tools to address real, not speculative, harms while respecting civil rights and civil liberties," Venzke added. The Lawyers' Committee for Civil Rights Under Law (LCCRUL) was less impressed. "We can't allow Congress to sign blank checks funding AI development, while Black people and other communities of color pay the cost of AI adoption," said LCCRUL policy counsel Alex Ault. "It is imperative that our lawmakers do more than just discuss the necessary measures needed to ensure that AI serves the public good and doesn't exacerbate longstanding inequities." While there's no sure way to know what the incoming administration of president elect Donald Trump has planned for AI policy, Task Force chair Obernolte seems to think Trump and his team are at least willing to entertain the recommendations. "We met with the Trump technology transition team last week, and I believe we're meeting with the AI czar this afternoon," Obernolte said during a press conference discussing the report yesterday. "Obviously, this is not the last word in AI - it's the beginning of the conversation and it will only be effective if future Congresses implement some of the recommendations we have created. "We need to be a partner with the executive branch in making that happen ... this has to be a team effort," Obernolte continued, citing the need for cooperation between the House, Senate and White House. "We think all of those entities are up to the challenge." Speaking to reporters afterward, Obernolte mentioned he was delighted by Trump's appointment of billionaire tech entrepreneur and venture capitalist David Sacks as " AI czar " to help steer policy, citing it as evidence the incoming administration was paying attention to the issue. "We hope [the report] sets a thoughtful and deliberate path for future Congresses to implement in achieving a balance between protecting Americans against the potential harms of AI and enabling AI innovation to flourish," Obernolte said at the end of the press conference. In short, decent AI policy is now in the hands of the US Congress. With that in mind, your mileage may vary. ®
Of all the incentives in the world, money must be among the most powerful. Since its birth thousands of years ago, dosh – chasing it, saving it, and paying it back – has driven us to ruin but also some remarkable feats. So, it shouldn’t be any different when it comes to the “p” word. Before your eyes glaze over at the mention of productivity, you should know that had it improved more in recent years, we’d all probably have a lot less to complain about when it comes to issues such as cost of living – and the Reserve Bank wouldn’t be so worried about wage rises feeding into inflation. What if I told you that boosting our productivity starts with bribing our state governments? In a speech to the Queensland Economic Society of Australia in Brisbane last week, economist and former corporate watchdog boss Karen Chester identified one of the biggest hurdles to lifting our living standards: a problem called “vertical fiscal imbalance”. Economist and former ASIC deputy chair Karen Chester. Credit: Eddie Jim Here’s the issue. Some of our most fundamental needs are taken care of by the state government: education, health, transport, and law and order to name a few. This all requires mountains of cash which the state governments have little ability to raise. It’s the federal government that has the power to raise a lot of money – mostly through taxation, meaning there’s a mismatch: state governments might be tasked with the big asks, but it’s the federal government that has the cash to splash. As Chester puts it: “The states wear the political pain and the budget loss in doing the right thing.” Money can’t buy happiness or solve all our problems, but without it, it’s hard to pay for – or incentivise – fixes in some of our biggest sectors, including boosting productivity. Our productivity improves when we increase the quantity or quality of the goods and services we produce with a given set of resources, such as workers. Making people work longer hours doesn’t count towards improving productivity, but using better technology or other innovations does. The reason we care so much about productivity is that it’s the main way capitalist economies have kept making us better off – at least materially – over the past few centuries. Innovations from the lightbulb to the assembly line to the internet have made us faster and better at doing our jobs. Right now, we’re in a productivity slump. Despite a record-breaking increase in hours worked in 2022-23, the amount we’re producing hasn’t been climbing all that much. In the past, the federal government has paid state governments to implement productivity-boosting reforms. Credit: Louie Douvis Over the long-term, Australia’s productivity has grown by about 1.3 per cent every year. In 2022-23, our labour productivity – the amount of GDP we pump out for each hour we work – actually fell 3.7 per cent. While pay rises are awesome, there’s a problem when we get them without productivity growth as we’ve had recently: it can feed into inflation. Why? Because it means we push up the cost that goes into providing goods and services without much change in how much we’re actually producing. So, how do we push up productivity? And how do we fix the vertical fiscal imbalance problem strangling state governments’ ability to take some bold action? Chester says one way is for the federal government to take over chunks of the states’ existing debt which they’ve used for things such as building roads and other public infrastructure. Why should the federal government scoop up this debt which they aren’t responsible for spending? Because it significantly cuts states’ annual interest bill and boosts their ability to borrow more for new projects. Why is this? Because the federal government can borrow at a lower interest rate than the states – mostly because those who lend to them see a smaller risk of the federal government defaulting, meaning it has a better credit rating. The total amount being borrowed by the public sector can stay the same but the interest paid on it can be squashed down. Now, this transfer of debt has to come with some strings attached. Namely, it should be conditional on the states making progress in implementing agreed reforms. Chester says these reforms should be aimed at resuscitating flat-lined productivity through changes such as tax reform, jack-hammering entrenched disadvantage through measures such as more social housing for people with chronic and debilitating mental health, and relieving structural inflation pressures such as those arising from natural disasters and soaring insurance costs. Instead of the federal government spending 96 per cent of its natural disaster budget on mopping up the mess, it should give states more money (the amount could also be matched by the states) to spend on mitigation efforts: reducing the risk of future harm from natural disasters such as floods, cyclones and bushfires. This would also put a brake on surging insurance costs. It’s not the first time we’ve had the idea to give states more headroom to make meaningful reform. In the late 1990s, there were three tranches of payments from the Australian government to states and territories based on their populations – and only if they made satisfactory progress on their reform commitments. These payments, known as national competition policy payments, cost roughly $1 billion annually (in today’s terms) over six years. But they helped push through reforms such as removing restrictions on retail trading hours, setting up the national electricity market and abolishing price controls on dairy. The Productivity Commission estimates the payments helped lift GDP by at least 2.5 per cent. By comparison, Treasurer Jim Chalmers last month set up a $900 million fund to prod states and territories into enacting productivity-boosting reforms: a baby step forward – especially, as Chester says, because we confront a much bigger to-do list than we did a few decades ago. The idea to transfer debt from the states to the Commonwealth government would be a lot cheaper than the old competition policy payments – and it’s a huge opportunity to make big steps forward in improving productivity and wellbeing. Why do we need this? Because of the sad truth that the vertical fiscal imbalance we’ve talked about has sunken the states into a mentality where they don’t want to make any reforms that the Commonwealth government wants them to make unless they’re bribed into doing so. Chalmers this week said his government was bold and reforming. But reform needs to take foot in some of our most consequential sectors including health and education. To achieve this, we need states to buy into the vision and, most importantly, act on it. The good news? Chester says implementing the buyback program is relatively quick. We just need the guts to do it. Millie Muroi is the economics writer. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning .AP Sports SummaryBrief at 5:47 p.m. EST
Shopping on Shein and Temu for holiday gifts? You're not the only oneMcDonald reacts to reduced Sinn Fein vote - saying 2020 was 'a high water mark' for republicans
NEW DELHI: Adani Group founder Gautam Adani responded for the first time on Saturday (Nov 30) to allegations by US authorities that he was part of a US$265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. One Indian state is reviewing a power deal with the group, France's TotalEnergies decided to pause its investments and political rows over Adani have disrupted India's parliament. "Less than two weeks back, we faced a set of allegations from the US about compliance practices at Adani Green Energy. This is not the first time we have faced such challenges," Adani said in a speech at an awards ceremony. US authorities have accused Gautam Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S Jaain, of being part of a scheme to pay bribes to secure Indian power supply contracts, and misleading US investors during fundraisings in the country. Adani Group has denied the allegations, describing them as "baseless" and vowing to seek "all possible legal recourse". "What I can tell you is that every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group," Adani said in the northern Indian city of Jaipur. "In today's world, negativity spreads faster than facts, and as we work through the legal process, I want to re-confirm our absolute commitment to world class regulatory compliance," he added, without giving further details. Adani Group's finance chief on Friday rejected the allegations, while the Indian government said it had not received any U.S. request regarding the case. At one point, Adani Group's listed companies saw as much as $34 billion wiped off their combined market value, but the stocks have recovered ground as some partners and investors have rallied behind the conglomerate.Former Trump Energy Secretary Rick Perry joins 'America's Newsroom' to discuss a watchdog report urging the Energy Department to halt billions of green energy loans given by Biden administration. Nearing the end of his term, President Biden lamented during an interview posted on Thursday that the media landscape had changed drastically — and specifically called out "billionaires" who purchased major newspapers. When asked by MeidasTouch host Ben Meiselas why there was no positive news about the Biden economy circulating in the media, and if there was too much of a focus on "horse race" politics, the president said that technology was changing the process for "everything." "Technology is changing everything," Biden said. "I think you guys are extremely successful because you speak to what is the truth, and you say this is what I think the facts are, and you lay it out, and you speak to it. But it's hard, there are very few editors anymore, very few editors saying you can't write that," Biden said. President Joe Biden delivers remarks on the latest developments in Syria from the Roosevelt Room of the White House on December 8, 2024 in Washington, DC.(Photo by Pete Marovich/Getty Images) (Pete Marovich/Getty Images) BIDEN ANGRY OVER DEMOCRATS SCOLDING HUNTER PARDON: REPORT He also shared, "you have billionaires buying standard newspapers that are well known and saying we're not going to do that anymore, because I don't want to do it." Biden said it would take a while for it to "sort out." Biden appeared to be referring to the decisions by recent prominent billionaire newspaper owners to eschew endorsements in the 2024 race between President-elect Donald Trump and Vice President Kamala Harris. The president was not asked about Harris' loss to Trump, his decision to drop out of the race, or his controversial pardon of his son, Hunter Biden, during the friendly interview. Washington Post owner Jeff Bezos decided to end the paper's tradition of endorsing a presidential candidate ahead of the election. The editorial board had already written the endorsement for Harris, as was expected from the liberal paper, before Bezos quashed it. Andrew Ross Sorkin and Jeff Bezos speak onstage during The New York Times Dealbook Summit 2024 at Jazz at Lincoln Center on December 04, 2024 in New York City. ((Photo by Eugene Gologursky/Getty Images for The New York Times)) CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTURE This move outraged liberals at the Washington Post as they previously had endorsed both Hillary Clinton and Biden over Trump and lambasted him as the worst president in modern history. Billionaire Los Angeles Times owner Dr. Patrick Soon-Shiong also prevented his liberal editorial board from endorsing Harris this election cycle, angering staffers and prompting resignations. CLICK HERE TO GET THE FOX NEWS APP During the rare interview, Biden said that "generically" he did not have any regrets about his presidency, when pressed on whether he would have done something differently in the last four years. Fox News Digital reached out to the White House for comment. Hanna Panreck is an associate editor at Fox News.