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This Christmas, I’ll keep it simple for Santa. As much as I’d like a new iPhone or a warm island getaway far from Michigan, I’ll settle for one thing. Wouldn't it be great if Americans could be proud of their elected leaders? (OK, maybe that isn’t such a simple request.) In the past week alone, we’ve heard reports of “missing” Texas Congresswoman Kay Granger, 81, a Republican, found living in a senior facility dealing with “dementia issues.” And on Monday, a much-anticipated ethics report was released about former Florida GOP Rep. Matt Gaetz, 42, which confirmed he’s as off-putting as we all already knew. Congress shouldn’t give us the heebie-jeebies, nor should it resemble a nursing home. We’re a country more than 340 million strong. You’d think it wouldn’t be so hard to find 535 qualified, fully functioning individuals to represent us. This month, Senate Republican leader Mitch McConnell, 82, fell after lunch at the Capitol , sustaining injuries. And former Democratic House Speaker Nancy Pelosi, 84, had hip replacement surgery after a fall on a work trip abroad. (Despite giving up her leadership post, Pelosi was just reelected to another term – her 20th – last month.) Perhaps as citizens of this country, we should more closely consider whom we choose to represent us. Granger is missing in action. So much for being a 'representative.' I respect my elders and certainly don’t hold their age against them. Yet, age affects all of us differently. Just look at President-elect Donald Trump, who at 78 never seems to run out of energy. That’s not the case for everyone that age. At 82, President Joe Biden’s mental and physical decline (which he and his administration tried to hide) prevented him from fully serving the American people, and his shadow presidency is a shameful end to his long career in Washington . The problem seems to be that once elected, our politicians have an extremely difficult time knowing when it’s time to call it quits. Opinion: Trump says America's success will be his 'retribution.' Let's hope he means that. For instance, Granger, who has served her Dallas-area district since 1997 , announced last year she wouldn’t seek reelection in 2024. She served as chair of the House Appropriations Committee, a coveted post, until she announced she’d be stepping down in March . The rationale for that decision seems clear now. Granger cast her last House vote in July, and her unexplained absence from Washington essentially means her constituents have been left without representation for months. New reporting from a Dallas outlet highlights why Granger has been missing in action . She’s been dealing with dementia, according to her son, and living at a senior facility. I feel for her and her family. But she should have been forthcoming about what she was dealing with – and she should have stepped down from Congress earlier this year to allow for someone else to step in and represent the district. Now, her storied and groundbreaking career will be marred by a disgraceful exit. Gaetz's sudden departure now makes a whole lot of sense Gaetz, the former congressman, may have relative youth on his side, but not much else. After Trump made the shocking announcement last month that Gaetz would be his nominee for attorney general, Gaetz immediately resigned from Congress, much to the delight of pretty much everyone in that chamber. Gaetz later withdrew his name from the Cabinet position, after it became clear he couldn’t get the support necessary from fellow Republicans in the Senate. Opinion: A DEI officer fired for antisemitic comments? That shouldn't surprise you. The impending release of a House ethics report always seemed at the heart of Gaetz’s decision to step down so suddenly. After he resigned, the idea was the House Ethics Committee would refrain from releasing the report – at least, that’s what Gaetz had hoped. Yet, the bipartisan committee changed its mind and decided to release the findings now. The committee found “substantial evidence” that Gaetz participated in a range of sleazy activities , including “prostitution, statutory rape, illicit drug use.” Gaetz had asked a judge to block the report's release, claiming it was an “unprecedented overreach.” A previous Justice Department investigation did not lead to any charges. The report only confirms what’s been obvious to anyone following Gaetz’s political career – he’s untrustworthy and obnoxious. And his pompous behavior made him no friends, even among Republicans. Between Granger’s disappearing act and Gaetz’s cringeworthy behavior, surely our country deserves better. Let’s give ourselves a collective Christmas present this year by choosing our elected officials with more care. Ingrid Jacques is a columnist at USA TODAY. Contact her at ijacques@usatoday.com or on X: @ Ingrid_Jacques .Discover the Hidden Gems of AI Stocks! Why Palantir and Salesforce Are Poised to Skyrocket
By Anna Tong and Krystal Hu Microsoft has been working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current underlying technology from OpenAI and reduce costs, sources familiar with the effort told Reuters. It is the latest effort by Microsoft, which is a major backer of OpenAI, to lessen its dependence on the AI startup – a departure from recent years when Microsoft touted its early access to OpenAI’s models. When Microsoft announced 365 Copilot in March 2023, a major selling point was that it used OpenAI’s GPT-4 model. Microsoft is also seeking to reduce 365 Copilot’s reliance on OpenAI due to concerns about cost and speed for enterprise users, according to the sources, who requested anonymity to discuss private matters. A Microsoft spokesperson said OpenAI continues as the company’s partner on frontier models, a term for the most advanced AI models available. The original agreement between the two companies allows the software giant to customize OpenAI’s models. “We incorporate various models from OpenAI and Microsoft depending on the product and experience,” Microsoft said in a statement. OpenAI declined to comment. In addition to training its own smaller models including the latest Phi-4, Microsoft is also working to customize other open-weight models to make 365 Copilot faster and more efficient, the sources added. The goal is to make it less expensive for Microsoft to run 365 Copilot, and potentially pass along those savings to the end customer, one of the sources said. Microsoft’s leaders, including Chief Executive Officer Satya Nadella, are tracking the efforts closely, the same source added. The move mirrors those of other Microsoft business units which have changed the ways in which they use OpenAI models. GitHub, which Microsoft acquired in 2018, added models from Anthropic and Google in October as alternatives to OpenAI’s GPT-4o. Its consumer chatbot Copilot, revamped in October, is now powered by in-house models as well as OpenAI models. Microsoft 365 Copilot, an AI assistant built in to Microsoft’s suite of enterprise software including Word and PowerPoint, is still trying to prove its return on investment to enterprises. Microsoft has not shared specific sales data on the number of licenses sold, and there have been concerns about pricing and utility. A survey of 152 information technology companies showed the vast majority of them had not progressed their 365 Copilot initiatives past the pilot stage, research firm Gartner said in August. Still, analysts at BNP Paribas Exane said they have seen an acceleration in adoption, and expect Microsoft to sell 365 Copilot to more than 10 million paid users this year. Microsoft also said in a November blog post that 70% of Fortune 500 companies are using 365 Copilot. (Reporting by Anna Tong in San Francisco and Krystal Hu in Toronto; Additional reporting by Jeffrey Dastin in San Francisco; Editing by Matthew Lewis) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
In the current session, the stock is trading at $296.37, after a 0.01% spike. Over the past month, McDonald's Inc. MCD stock increased by 1.66% , and in the past year, by 5.16% . With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. A Look at McDonald's P/E Relative to Its Competitors The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. McDonald's has a lower P/E than the aggregate P/E of 88.44 of the Hotels, Restaurants & Leisure industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.KYTX Investors Have Opportunity to Lead Kyverna Therapeutics, Inc. (NASDAQ: KYTX) Securities Fraud LawsuitNone