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Google has named Debbie Weinstein, a senior executive for the tech giant in the UK, as its president in Europe, the Middle East and Africa. Until now, Ms Weinstein has been the US firm’s vice president and managing director in the UK and Ireland, having previously worked at Unilever. She said her focus will be on “unlocking AI-powered growth for everyone”, calling the current AI boom a “pivotal” time for the tech giant. Google has joined many of its rivals in launching a string of high-profile generative AI products in recent times, led by the firm’s generative AI-powered assistant, Gemini. “Europe, the Middle East and Africa is an amazingly diverse and varied region, but the enormous growth opportunity that AI can create is universal,” she said. “My focus will be on unlocking that AI-powered growth for everyone – users, businesses, partners and governments across every part of the region. “I’m excited to be stepping into this role at a pivotal time, in a company where I’ve spent the last ten years and leading a region where I’ve spent much of my life.” Google employs more than 29,000 people across Europe, the Middle East and Africa, with 56 offices across 35 countries in those regions working on many of the firm’s largest products, including its search engine, the Android mobile operating system and its Chrome web browser. Its AI research arm, at Google DeepMind, is also led from London. Philipp Schindler, Google senior vice president and chief business officer, said: “This is the AI era and we are only just beginning to see its transformative impact on business and society. “In such a pivotal moment for technology, I’m thrilled we’ve appointed a visionary leader to be our President of Google EMEA. “Debbie brings a track record of unlocking growth that benefits everyone, alongside the passion and focus needed to help our customers succeed, as we bring the best of Google’s Gemini-era to everyone across EMEA.”Avior Wealth Management LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF ( NYSEARCA:JPST – Free Report ) by 46.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,682 shares of the company’s stock after selling 2,281 shares during the period. Avior Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $136,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $25,000. Kennebec Savings Bank acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. LRI Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $30,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $32,000. JPMorgan Ultra-Short Income ETF Stock Performance JPST opened at $50.52 on Friday. The stock’s 50 day moving average price is $50.55 and its 200 day moving average price is $50.49. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.13 and a 12 month high of $50.75. JPMorgan Ultra-Short Income ETF Company Profile The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase. Featured Articles Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter .

NoneANDOVER, Mass. , Dec. 12, 2024 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, today announced that on December 9, 2024 , TransMedics granted non-qualified stock options to purchase an aggregate of 20,612 shares of its common stock and an aggregate of 13,576 restricted stock units to 3 employees, each as a material inducement for each employee's entry into employment with TransMedics. The grants included stock options to purchase 18,922 shares of TransMedics' common stock and 12,463 restricted stock units granted to Gerardo Hernandez , the Company's Chief Financial Officer. The grants were approved by the Compensation Committee of the TransMedics Board of Directors and were granted in accordance with Nasdaq Listing Rule 5635(c)(4) and pursuant to the TransMedics Group, Inc. Inducement Plan. TransMedics granted non-qualified stock options to purchase 20,612 shares of TransMedics' common stock and 13,576 restricted stock units in the aggregate. The stock options were granted with a per share exercise price of $69.84 , the closing price of the common stock on the Nasdaq Global Market on December 9, 2024 . Twenty-five percent of the shares subject to each option will vest on the first yearly anniversary of the date of the employee's start of employment, with the remainder vesting in equal monthly installments over the subsequent three year period, subject to the employee's continued service with the Company through the applicable vesting date. The options have a 10-year term and are subject to the terms of the TransMedics Group, Inc. Inducement Plan. Twenty-five percent of each restricted stock unit award will vest on the first four anniversaries of the date of the employee's start of employment, subject to the employee's continued service with the Company through the applicable vesting date. The restricted stock units are subject to the terms of the TransMedics Group, Inc. Inducement Plan. About TransMedics Group, Inc. TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts , the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure. Investor Contact: Brian Johnston 332-895-3222 Investors@transmedics.com View original content to download multimedia: https://www.prnewswire.com/news-releases/transmedics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-302330724.html SOURCE TransMedics Group, Inc.

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Prime Minister leads tributes to former US president Jimmy CarterDuring Donald Trump’s first term, U.S. tariffs on China increased from 3% in 2016 to 19% by the end of 2020. As a result, China’s share of the U.S. trade deficit dropped from 47% to 26%. However, it’s worth noting that America’s trade imbalance continued to rise, as production shifted to low-tariff countries such as Vietnam, Canada, and Mexico. When Biden came into office, the expectation was that he might roll back the China tariffs. He didn’t. In fact, the Biden administration ramped up the trade war quite a bit. In 2022, strict restrictions on U.S. technology exports to China were implemented. The primary target was advanced chips such as NVIDIA GPUs, which are critical for AI and other emerging technologies. The equipment used to manufacture such tech was also heavily restricted. This mostly affected ASML, a Dutch company responsible for making the machines that manufacture advanced semiconductors. Today, China is completely cut off from the most advanced chips and the ability to use foreign tech to build them. These restrictions have hampered China’s ability to build advanced AI data centers, and their problem will only get worse until the country can build up its own semiconductor industry to be competitive with the U.S. and Taiwan. Or until they can strike a deal to reopen access to the technology. Xi Strikes Back, Drone Wars Begin A few weeks ago China fired a salvo aimed squarely at key U.S. industries. The country heavily restricted exports to America of critical minerals and rare earth elements. Included in the list were antimony, graphite, gallium, and many more. These minerals are critical for manufacturing lithium batteries, weapons, semiconductors, fiber optic cable, and other high-tech necessities. And China dominates their production currently. This will become a significant issue as existing stocks start to run low. Additionally, in early 2025, China will begin severe export restrictions on drones and parts used to manufacture them. Skydio, the largest American drone manufacturer, has already begun a policy of rationing batteries to one per drone. The company’s CEO explained the situation in a blog post : “As a result of the sanctions, our battery supply will be reduced for the next few months which will impact our customers. We have always manufactured our drones in the U.S., and over the last few years, we invested massively in bringing up supply for drone components outside of China. Batteries are one of the few components we have not yet moved out of China. We have a substantial stock of batteries on hand, and our team was already developing alternative suppliers. But right now we don’t expect new sources to come online until the spring of next year.” Skydio supplies both the American and Ukrainian militaries. So this is clearly a strategic move by China. It will take time to build alternative supply lines in this area, and drones have become absolutely critical to modern warfare. And isn’t it interesting that all of this is happening while there’s an unprecedented number of mysterious drone sightings across the country? My guess is the U.S. government is demonstrating to adversaries that we have advanced drone programs too, and won’t be intimidated. But we’ll continue to monitor that story. Just Getting Started The trade war is getting hot, and Trump isn’t even in office yet. There are massive imbalances in global trade which must be dealt with. America has lost its manufacturing edge, and it’s probably not coming back without aggressive trade and monetary policies. If we simply let the status quo continue, it’s likely that China would continue to dominate global production. The CCP is subsidizing industries, and suppressing its currency, and as a result, has gained a significant advantage in manufacturing expertise. Trump’s task is to build back America’s industrial base by encouraging domestic production. In trade, he will need to carefully balance the carrot with the stick. We are too interdependent with China to simply cut things off completely. Yet the current situation is also unsustainable. Government should encourage U.S. production of critical items such as semiconductors and batteries while maintaining enough of a relationship with China that trade lanes stay open in the meantime. It comes down to putting the right incentives in place and spending wisely. Ultimately, rebuilding U.S. industry may also require a weaker dollar. With the dollar so expensive compared to other fiat currencies today, it’s difficult for our exporters to compete with China and others on price. It will be interesting to see what President Trump does in this area. President Trump will need to utilize every bit of his deal-making chops in this upcoming term. The future of the American economy depends greatly on the agreements which will be struck over the next 4 years.Sir Keir Starmer has led a host of tributes to former US president Jimmy Carter, saying he “redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad”. The Prime Minister said Mr Carter, who died aged 100, will be remembered for the Camp David Accords between Israel and Egypt, as well as his “decades of selfless public service”. He added that it was the Democrat’s “lifelong dedication to peace” that led to him receiving the Nobel Peace prize in 2002. Very sorry to hear of President Carter’s passing. I pay tribute to his decades of selfless public service. My thoughts are with his family and friends at this time. pic.twitter.com/IaKmZcteb1 — Keir Starmer (@Keir_Starmer) December 29, 2024 Sir Keir was joined in paying tribute to the 39th president by other leaders including the King, current President Joe Biden, Lib Dem leader Sir Ed Davey and former PM Tony Blair. The King remembered former US president Jimmy Carter’s 1977 visit to the UK with “great fondness” and praised his “dedication and humility”. In a message to Mr Biden and the American people, Charles said: “It was with great sadness that I learned of the death of President Carter. “He was a committed public servant, and devoted his life to promoting peace and human rights. “His dedication and humility served as an inspiration to many, and I remember with great fondness his visit to the United Kingdom in 1977. “My thoughts and prayers are with President Carter’s family and the American people at this time.” Mr Biden said that Mr Carter was an “extraordinary leader, statesman and humanitarian”. He said his fellow Democrat was a “dear friend”, as he announced that he will order a state funeral to be held for him in Washington DC. “Today, America and the world lost an extraordinary leader, statesman and humanitarian,” he said. “Over six decades, we had the honour of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter though is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. “With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us. He saved, lifted and changed the lives of people all across the globe. “He was a man of great character and courage, hope and optimism.” Lib Dem leader Sir Ed Davey said Mr Carter “will be remembered for generations”. “Jimmy Carter was an inspiration,” Mr Davey wrote on X. “He led a truly remarkable life dedicated to public service with a genuine care for people. “My thoughts are with his family, friends and all those who loved him. He will be remembered for generations.” Mr Blair said: “Jimmy Carter’s life was a testament to public service; from his time in office, and the Camp David Accords, to his remarkable commitment to the cause of people and peace round the world over the past 40 years,” he said. “I always had the greatest respect for him, his spirit and his dedication. He fundamentally cared and consistently toiled to help those in need.”Joe Biden & Donald Trump lead tributes to ‘extraordinary leader and humanitarian’ Jimmy Carter after his death aged 100