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These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio? Novo Nordisk A/S NVO shares dipped 20.52% after the company released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program . Vertex Pharmaceuticals Incorporated VRTX stock declined 14.33% after the company announced results from its Phase 2 study of Suzetrigine . XPO, Inc. XPO shares were down 13.47%. Super Micro Computer, Inc. SMCI shares fell 13.33% last week as the company is set to be removed from the Nasdaq 100 Index. Nu Holdings Ltd. NU stock plummeted 13.07%. A new government fiscal spending package and last week’s central bank rate hike could erode global investor confidence and raise concerns over the nation’s deficit. Arm Holdings plc ARM stock was down 13.01%, likely due to continued weakness stemming from its ongoing legal dispute with Qualcomm Inc. QCOM . Micron Technology, Inc. MU shares decreased 12.08% after the company reported mixed earnings results and issued weak guidance for the current quarter. Multiple analysts also lowered price forecasts . Paycom Software, Inc. PAYC stock lost 11.63% last week, a result of the Fed rate decision that caused a selloff in software stocks. Cintas Corporation CTAS stock declined 11.50% after the company reported second-quarter financial results . Several analysts lowered the price forecast on the stock . Warner Bros. Discovery, Inc. WBD declined 11.43% . monday.com Ltd. MNDY stock dived 11.20% after Citigroup cut its price forecast on the stock from $338 to $302 . Also Read: Teva Pharmaceutical, Li Auto, And Darden Restaurants Are Among Top Large Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio? Photo via Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.RICHMOND — U.S. Postal Service operations have continued to improve, but a bipartisan coalition of state leaders say more work is needed to get the service to a level Virginians deserve. Virginia was ranked at the bottom for on-time mail delivery in October 2023, at the start of the federal government’s fiscal year. Just over 66% of mail was delivered on time, compared to a national average of 87.2%, according to a Postal Service tracker . Key reforms have pushed the state up in rankings. The state remained in the bottom 10 at the end of the fiscal year in September, with just over 81% of mail delivered on time. As of Nov. 8, over 86% of the state’s mail is delivered on time . The Delivering for America plan was introduced in 2021 to make the Postal Service financially stable and competitive with private mail delivery services. One part of the plan was the launch of a new processing network, with 60 regional processing and distribution centers around the U.S. The first one was rolled out in Sandston, Virginia, in 2023, and a spate of issues began. A bipartisan coalition of state lawmakers, who represent urban and rural areas, contacted Postmaster General Louis DeJoy last year to share widespread constituent reports of limited delivery. Earlier this year, the coalition toured the Sandston center after an audit pointed to significant problems at the location . There were issues during the transition to the regional processing network, according to U.S. House Rep. Jennifer McClellan, D-4th, who toured the center located in her district. Atlanta was also one of the first cities to implement the plan, according to McClellan. Georgia is ranked the worst in the nation for on-time deliveries, with 35% of mail delivered late. Much of the mail in Virginia goes through Atlanta, according to McClellan. “Once it’s fully implemented the way it was intended, I do think [it] would lead to improved delivery times and improved efficiency of the mail everywhere,” McClellan said. “It’s just that transition in Richmond and Atlanta were horrible.” The Postal Service was not transparent with customers or Congress through the transition, which caused further issues, according to McClellan. Congress has the ability to hold the Postal Service accountable for poor service because it controls the budget for the service. “We have told them they need to do a much better job of being transparent with these changes,” McClellan said. State lawmakers will continue to hold the Postal Service accountable until reliable mail service is restored for all Virginians, according to U.S. Rep. Rob Wittman, R-1st. The work of the bipartisan coalition to support Virginia constituents has been a “silver lining” in the experience, according to Wittman. He sent one of the first letters to DeJoy, worked with the coalition to demand answers, toured the Sandston facility and continues to receive updates from the Postal Service. “While any improvement in on-time mail delivery is welcome progress, there’s much more work to be done to attain the level of reliable mail service that Virginians deserve,” Wittman stated. “For over a year now, the mail service provided to Virginians and businesses across the Commonwealth has been inexcusable, and the lack of transparency and communication by the Postal Service has been one of the most frustrating roadblocks I have faced since coming to Congress.” ___ Some members of the congressional delegation feel confident there would be pushback if returning President-elect Donald Trump tried again to privatize the service. Trump called for the privatization of the Postal Service in his first term. A year after his inauguration, Trump created a task force to evaluate the service’s operations and finances, according to his archived presidential website. Trump stated it was on an “unsustainable financial path” and wanted it restructured to prevent a taxpayer-funded bailout. The Postal Service had net losses that totaled $69 billion in a 10-year period, according to the task force . Some suggestions of the task force were to deliver mail less frequently and increase service charges. McClellan does not expect the incoming administration to attempt to privatize the service. Congress would have to approve the privatization, she said. Although many people have access to private mail services, those who rely on the Postal Service “heavily rely on it,” according to McClellan. “So whether it’s disabled people, whether it’s older people, people in rural areas — they will be hurt the most by efforts to privatize,” McClellan said. Privatization would mean significant benefits and pay changes to the 600,000 people employed by the Postal Service. A strong Postal Service is a bipartisan issue, McClellan said. “I think there are a lot of people on both sides of the aisle that would oppose efforts to privatize,” McClellan said. U.S. Sen. Tim Kaine, D-Va., has also worked to improve the state’s on-time mail delivery and minimize disruptions. Kaine does not think efforts to privatize are likely under the second Trump administration. “I am not currently expecting the administration to push that kind of proposal,” Kaine said. Capital News Service is a program of Virginia Commonwealth University’s Robertson School of Media and Culture. Students in the program provide state government coverage for a variety of media outlets in Virginia. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular 2 injured after vehicle failed to stop at Suffolk railroad crossing, police say 2 injured after vehicle failed to stop at Suffolk railroad crossing, police say 757Teamz football live scoreboard: Indian River visits Green Run, Maury hosts Warwick in region semifinals 757Teamz football live scoreboard: Indian River visits Green Run, Maury hosts Warwick in region semifinals Meet the Fort Monroe Authority’s new CEO Meet the Fort Monroe Authority’s new CEO Army-Navy 2024: Navy specialty uniforms to honor Jolly Rogers aviation squadron Army-Navy 2024: Navy specialty uniforms to honor Jolly Rogers aviation squadron Bike shop in Midtown Row rebrands, coffee shops celebrate and more business news from the Historic Triangle Bike shop in Midtown Row rebrands, coffee shops celebrate and more business news from the Historic Triangle Virginia live election results Virginia live election results Here’s what development around the Virginia Beach Convention Center could look like Here’s what development around the Virginia Beach Convention Center could look like Feeding with love: Williamsburg area’s 1st free grocery market opens in Grove community Feeding with love: Williamsburg area's 1st free grocery market opens in Grove community Column: Bird flu is about to crash flu season, and it could get ugly Column: Bird flu is about to crash flu season, and it could get ugly Gloucester looking for new football coach following Noah Crouch’s departure Gloucester looking for new football coach following Noah Crouch’s departure Trending Nationally Series of racist text messages referencing slavery sent to New York state students, police say Netflix’s “Who Killed JonBenét Ramsey?” takes on Boulder murder in three parts Here’s how Orlando International Airport hopes to solve baggage delays A kayaker faked his own death and fled overseas. 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President-elect Donald Trump is set to challenge daylight saving time by seeking its elimination once in power. On Friday, Trump announced via social media that his party would prioritize ending this time-altering practice, labeling it as both inconvenient and financially burdensome. While daylight saving time aims to extend daylight during summer months through clock adjustments, it dates back to its initial implementation in 1942 as a wartime measure. The practice has faced recurring criticism, prompting sporadic legislative endeavors like the Sunshine Protection Act to make daylight time permanent. Despite health experts' calls for a permanent adoption of standard time, aligning more closely with natural sunlight and human biology, daylight saving time retains a foothold. Notably, states like Arizona and Hawaii do not participate in the biannual time changes, and most countries opt out altogether, navigating complex cross-border time differences. (With inputs from agencies.)Catch up with the most important stories from around Europe and beyond - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

Taoiseach Simon Harris said he also wanted to tell Nikita Hand, a hair colourist from Drimnagh, that her case had prompted an increase in women coming forward to ask for support. Ms Hand, who accused the sportsman of raping her in a Dublin hotel in December 2018, won her claim against him for damages in a civil case at the High Court in the Irish capital on Friday. The total amount of damages awarded to Ms Hand by the jury was 248,603.60 euro (£206,714.31). Mr McGregor said in a post on social media on Friday that he intends to appeal against the decision. That post has since been deleted. Speaking to the media on Saturday, Mr Harris said he told Ms Hand of the support she has from people across Ireland. “I spoke with Nikita today and I wanted to thank her for her incredible bravery and her courage,” he said. “I wanted to make sure that she knew how much solidarity and support there was across this country for her bravery. “I also wanted to make sure she knew of what the Dublin Rape Crisis Centre had said yesterday – that so many other women have now come forward in relation to their own experiences of sexual abuse as a result of Nikita’s bravery.” The Dublin Rape Crisis Centre said the case has had a “profound effect” on the people the charity supports, and that over the first 10 days of the High Court case, calls to its national helpline increased by almost 20%. It said that first-time callers increased by 50% compared to the same period last year, and were largely from people who had experienced sexual violence who were distressed and anxious from the details of case and the views people had to it. Mr Harris said: “I wanted to speak with her and I wanted to wish her and her daughter, Freya, all the very best night, and I was very grateful to talk with Nikita today. “Her bravery, her courage, her voice has made a real difference in a country in which we must continue to work to get to zero tolerance when it comes to domestic, sexual and gender-based violence. “I don’t want to say too much more, because conscious there could be further legal processes, but I absolutely want to commend Nikita for her bravery, for her courage, for using her voice.” Justice Minister Helen McEntee praised Ms Hand’s bravery and said she had shown “there is light at the end of the tunnel”. She said: “I just want to commend Nikita for her bravery, for her determination and the leadership that she has shown in what has been – I’ve no doubt – a very, very difficult time for her and indeed, for her family. She added: “Because of wonderful people like Nikita, I hope that it shows that there is light at the end of the tunnel, that there are supports available to people, and that there is justice at the end of the day.” Ms Hand said in a statement outside court on Friday that she hoped her case would remind victims of assault to keep “pushing forward for justice”. Describing the past six years as “a nightmare”, she said: “I want to show (my daughter) Freya and every other girl and boy that you can stand up for yourself if something happens to you, no matter who the person is, and justice will be served.” During the case, Ms Hand said she was “disappointed and upset” when the Director of Public Prosecutions (DPP) decided not to prosecute the case after she made a complaint to the Irish police. In a letter to her in August 2020, the DPP said there was “insufficient evidence” and there was not a reasonable prospect of conviction. Ms Hand asked the DPP to review the decision, saying she felt she was being treated differently because one of the suspects was famous. Asked about the DPP’s decision not to prosecute, Mr Harris and Ms McEntee stressed the importance of the DPP’s independence on whether to prosecute. “There are obviously structures in place where the DPP can meet a victim and can outline to them their reasons for not taking the case,” Mr Harris said. “But there’s also always an opportunity for the DPP in any situation – and I speak broadly in relation to this – to review a decision, to consider any new information that may come to light, and I don’t want to say anything that may ever cut across the ongoing work of the DPP.” Ms McEntee stressed that there should “never be any political interference” in the independence of the DPP’s decisions. “I have, since becoming minister, given priority to and enabled a new office within the DPP to open specifically focused on sexual offences, so that this issue can be given the focus and the priority that it needs,” she said.

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Irish premier praises Dublin woman who won civil case against Conor McGregor(All times Eastern) Schedule subject to change and/or blackouts Monday, Dec. 23 COLLEGE BASKETBALL (MEN’S) 5:30 p.m. ESPNU — Diamond Head Classic: TBD, Consolation Semifinal, Honolulu 7 p.m. SECN — MTSU at Tennessee 8 p.m. ESPNU — Diamond Head Classic: TBD, Semifinal, Honolulu 10 p.m. BTN — Seattle at Washington 10:30 p.m. ESPN2 — Diamond Head Classic: TBD, Semifinal, Honolulu 12:30 a.m. (Tuesday) ESPN2 — Diamond Head Classic: TBD, Consolation Semifinal Honolulu COLLEGE FOOTBALL 11 a.m. ESPN — The Myrtle Beach Bowl: Coastal Carolina vs. UTSA, Conway, S.C. 2:30 p.m. ESPN — The Famous Idaho Potato Bowl: N. Illinois vs. Fresno St., Boise, Idaho NBA BASKETBALL 7 p.m. NBATV — San Antonio at Philadelphia 10 p.m. NBATV — Indiana at Golden State NFL FOOTBALL 8:15 p.m. ABC — New Orleans at Green Bay ESPN — New Orleans at Green Bay The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .

CPI(M) demands immediate withdrawal of election rule amendmentNEW YORK — After missing last weekend’s loss to the Dolphins, Jets running back Breece Hall could return in Week 15. Hall (knee) is listed as questionable for Sunday’s game against the Jaguars. “He looks good right now,” Jets interim coach Jeff Ulbrich said on Friday afternoon. “So, it looks promising.” Hall injured his knee during the Jets’ Week 11 loss to the Colts. However, Hall played in the team’s next game against the Seahawks following the Jets’ bye week. While Hall could play on Sunday, the Jets will be without returner and running back Kene Nwangwu. After breaking his hand, Nwangwu will be placed on injured reserve and miss the rest of the season. Nwangwu was named the AFC Special Teams Player of the Week after the Jets’ Week 13 loss to the Seahawks. In that game, after being elevated from the practice squad, Nwangwu registered a 99-yard kick-return touchdown and forced a fumble on a separate kickoff return. “He brought such value as a returner,” Ulbrich said about Nwangwu. “To put him out there with a broken hand, that would be counterproductive for him and us as a team. “Unfortunately, it cuts the season short and what a bright light he was and what an amazing future I think he has in this league.” The Jets’ secondary could be limited against the Jaguars. Brandin Echols (shoulder) is doubtful, and D.J. Reed (groin) is questionable. Ulbrich is “hopeful” Reed can play against Jacksonville. “It’s something that’s lingered here and there,” Ulbrich said about Reed’s groin injury. “It got aggravated and it went away and it got aggravated again. “We are hopeful, but we will see how it goes. He has been a guy that, it has been sore on a Friday and been able to play on a Sunday multiple times this year. We will see how that goes.” Sauce Gardner, who missed last week’s game due to a hamstring injury, will play against the Jaguars. If Echols and Reed do not play, rookie Qwan’tez Stiggers will likely receive more playing time opposite Gardner. “I’m excited for him,” Ulbrich said about Stiggers. “If he gets an opportunity to play, I’m excited about what he can do. He has demonstrated great growth this season and he has elite ball skills. “If we gotta roll with Qwan’tez Stiggers, we are excited about that opportunity for him and for us.” ©2024 New York Daily News. Visit nydailynews.com . Distributed by Tribune Content Agency, LLC.

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