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From Chili's 'triple dipper' to The Cheesecake Factory, restaurant chains are reviving mallsAPPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None of that is holding back the stock. The shares are up almost 10 per cent in the past month, making Apple one of the best performers in the so-called Magnificent 7 after Tesla during the period. The recent gains come despite a tepid response to the latest iPhone model and a disappointing earnings report in late October. Investors seem remarkably calm about these headwinds, with the CBOE Apple VIX – which tracks estimated future volatility – recently touching its lowest in nearly a year. “It is definitely a head scratcher that the stock is doing so well with China being in the state it’s in, and with the geopolitical face-off we are entering,” said Andrew Choi, portfolio manager at Parnassus Investments. “It’s surprising the stock has not been more volatile given these are existential issues involving a material part of its business.” The severity and timing of tariffs under president-elect Trump remains unclear, but restrictions are expected to particularly target China, where the majority of Apple’s devices are made. While there is optimism that chief executive officer Tim Cook will manage this risk, as he did during Trump’s first term, Jefferies analysts calculated that a worst-case scenario could add US$256 of cost per iPhone. Any extra tariff-related costs would come at a bad time for Apple, which has seen lukewarm demand for its artificial intelligence (AI) powered iPhone, dashing hopes that the new models would lead to a long-awaited re-acceleration of growth. Revenue growth has been negative in five of the company’s past eight quarters. While it’s expected to pick up next year, the pace is seen below that of other megacaps, according to estimates compiled by Bloomberg. “The hoped-for iPhone 16 replacement cycle boost has not materialised, with expectations pushed back to the iPhone 17 now,” said Richard Clode, a portfolio manager for Janus Henderson Investors’ Global Technology Leaders Fund. “The market, having skewed too bearish earlier this year, is probably a bit too optimistic here.” Some Apple investors do not seem fazed. They are betting that Apple will ultimately come out as a winner from AI and that Cook will again manage to dodge most of the tariffs imposed on China. They also like the stock’s defensive traits. The company is not dedicating as much in capital expenditures towards AI, especially in comparison with Microsoft, Meta Platforms, Alphabet, and Amazon.com, which are dropping tens of billions of US dollars building out their AI infrastructure. Instead, Apple is expected to benefit from others’ spending, as major AI platforms vie to be incorporated into Apple’s ecosystem. “Apple is going to be how AI is brought to millions of consumers,” Parnassus Investments’ Choi said. “It is so advantaged by owning the chokepoint between AI and the consumer.” The company also offers significant quality characteristics, including massive free cash flow and steady buybacks, according to Greg Halter, director of research for the Carnegie Investment Counsel. He counts Apple as his largest position, though said he has been trimming it given concerns over its valuation and growth. He’s also sceptical on AI iPhone demand. “It is expensive, and I don’t see how you can argue that it isn’t, unless you really believe a supercycle in AI iPhones is going to really bump up revenue and earnings growth over the coming years,” Halter said. “Really, what is going to drive the stock higher from here?” The shares trade at nearly 33 times forward earnings, more than 50 per cent above their 10-year average. In a sign of how the multiple is causing some to sour, Warren Buffett’s Berkshire Hathaway has been slashing its stake in Apple, as have hedge funds. Meanwhile, fewer than two-thirds of analysts tracked by Bloomberg recommend buying the stock, making it significantly less popular than other megacaps. And while only three of 60 analysts recommend selling, the average price target near US$243 suggests that Wall Street does not see the stock, which was trading modestly lower at US$246.38 on Tuesday (Dec 10), going anywhere over the next 12 months. BLOOMBERG

Dallas Cowboys star guard Zack Martin is doubtful for Sunday's game against the Washington Commanders due to ankle and shoulder injuries. Martin didn't practice at all this week. He also physically struggled during Monday night's loss to the Houston Texas. Martin, who turned 34 on Wednesday, has started all 162 games played in 11 seasons with the Cowboys. He's a nine-time Pro Bowl selection and a seven-time first-team All-Pro. Tight end Jake Ferguson (concussion) and safety Markquese Bell (shoulder) have been ruled out. Neither player practiced this week after being hurt against the Texans. Cornerback DaRon Bland (foot) practiced in full this week and will make his season debut. He was injured in August. Star wideout CeeDee Lamb (back/foot) was a full practice participant on Friday and is good to go. Cornerback Trevon Diggs (groin/knee) and receiver Brandin Cooks (knee) are among six players listed as questionable. The others are offensive tackle Chuma Edoga (toe), guard Tyler Smith (ankle/knee), defensive end Marshawn Kneeland (knee) and linebacker Nick Vigil (foot). --Field Level Media

ALLEN PARK — The Detroit Lions made a move on Tuesday that would have seemed incomprehensible just two seasons ago. The Lions waived edge rusher James Houston, who had one of the best rookie seasons (2022) for an edge rusher in recent memory but has not returned to that form since. Asked why it didn’t work out in Detroit, Lions head coach Dan Campbell said, “It just didn’t.” “It just didn’t. We had James up for a number of games, came back off of injury, got back, and it just never quite worked out,” Campbell said. Houston, a sixth-round pick by Detroit in 2022, collected eight sacks in seven games during his rookie season and appeared to have a limitless ceiling on what he could become as a pass rusher in the following seasons. But he appeared to fall out of favor with the coaching staff as early as 2023 training camp — Detroit was unsuccessfully trying to turn him into a well-rounded outside linebacker that could play every down — then broke an ankle in Week 2 of that season while playing on special teams. He didn’t return until the NFC Championship game, where he had limited snaps (11) and didn’t make an impact on the stat sheet. In training camp before this season, the Lions continued to try to improve other parts of Houston’s game but eventually gave up on the experiment, allowing him to just focus on rushing the passer. He has 13 pressures and just one sack in 2024, even with there being a clear vacancy on the edge following several key injuries. This time two years ago, Houston was getting called up from the practice squad to make his NFL debut against the Buffalo Bills on Thanksgiving Day. Houston dazzled in front of a national television audience , sacking Bills quarterback Josh Allen twice as Detroit took Buffalo to the wire in a 28-25 loss that came on a last-second field goal. Now, before the Lions’ Thanksgiving Day game in 2024, the Lions have decided to move on. Houston hinted at the potential parting with a cryptic social media post on Monday night. He posted on X (formerly Twitter), “Live... Learn.. Move on” with a peace sign emoji. “Look, wish him the best of luck, and sometimes you just need a fresh start and this could be great for him, so, wish him the best,” Campbell said. Houston, 26, is just the third Brad Holmes draft pick to no longer be on the active roster or practice squad (Antoine Green, Chase Lucas).Colorado star Travis Hunter says Coach Prime `ain’t going nowhere'Cowboys star G Zack Martin doubtful to play vs. Commanders

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OpenAI’s Sora Video Generator Leaked by Artists: A Protest Against Unpaid Labor and ArtwashingA live TV panel discussion over new polling on Anthony Albanese had to be abruptly cut short after a Labor and Liberal politician repeatedly spoke over one another. A survey released on Wednesday found voters appear to be turning on the federal Labor government ahead of the election which must be held by May . Almost half of those polled in the Redbridge questionnaire believe Australia is heading in the wrong direction, while one third argued the country is on the right track. When asked about if the government is focused on the right priorities, only six per cent of respondents agreed compared to 52 per cent who disagree or strongly disagreed. The survey also revealed more voters are coming around to the idea of Peter Dutton becoming the next prime minister, showing Australians want a change of leadership. Social Services Minister Amanda Rishworth appeared with shadow finance minister Jane Hume for a weekly panel to discuss the topics of the week so far. After talking about inflation pain potentially set to last until 2030 and wages growth, Sunrise host Nat Barr raised the concerning polling on Mr Albanese. "I know not everyone listens to the polls and not everyone looks at it but when you sit around in cabinet... what do you think about the figures?" the Channel 7 star asked. Ms Rishworth said the only thought on her mind was "helping people with the cost of living", giving an example of the government's push to get more housing. Ms Hume interjected saying: "Where have you been for 2.5 years?" "You've voted against our housing bills. Blocking our cost of living measures. Fought against our energy price measures. Everything we've done, the Liberal Party have fought against it," the Social Services Minister hit back. "You spent a year concentrating on the Voice referendum," Ms Hume added. Barr attempted to stop the two politicians from speaking over one another. The Sunrise host tried to ask Ms Hume a question but was interrupted. "When it comes to the next election, Jane and Nat, my focus will be on the future. It will be..." Ms Rishworth continued before the shadow finance minister interjected. "It's been two-and-a-half-years," Ms Hume said. The Social Services Minister claimed the opposition appeared to have a "sense of arrogance", adding "you think you've got it (the federal election) in the bag". Ms Hume then repeated her two earlier remarks. Barr was visibly frustrated with how the chat panned out and ended the interview. "That was feisty," co-host Matt Shirvington said. The Redbridge poll, conducted for News Corp, also asked whether the standard of living would be better or worse than before COVID-19 for families in five years' time. One third of respondents say they are somewhat or much worse off, while a quarter said they felt no difference and 17 per cent indicated they are "somewhat better". Only five per cent said they are "much better" off. Mr Dutton is also being seen more favourably by voters with just months until millions of Australians head to the polls to decide the 32nd prime minister. Forty per cent say the Opposition Leader is ready for government, with 39 per cent disagreeing. However 21 per cent remain unsure if Mr Dutton is ready. The survey questioned 1,506 people and was conducted between November 13 and 20.

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NEW YORK (AP) — The leaders of Kamala Harris' presidential campaign insist they simply didn't have enough time to execute a winning strategy against Donald Trump , pointing to “ferocious" political headwinds that were ultimately too much to overcome in the 107-day period after President Joe Biden stepped aside . Harris' leadership team, speaking on the “Pod Save America” podcast that aired on Tuesday, defended strategic decisions over the campaign's closing days, some of which have faced scrutiny in the weeks since Trump's decisive victory . Specifically, they defended Harris' outreach to Republican voters, her unwillingness to distance herself from Biden, her silence on Trump's attacks on her transgender policies and her inability to schedule an interview with popular podcaster Joe Rogan.

WASHINGTON - Donald Trump threatened the United States's closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Read this article for free: Already have an account? As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed. Now, more than ever, we need your support. Starting at $14.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website. or call circulation directly at (204) 727-0527. Your pledge helps to ensure we provide the news that matters most to your community! WASHINGTON - Donald Trump threatened the United States's closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Read unlimited articles for free today: Already have an account? WASHINGTON – Donald Trump threatened the United States’s closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Trump said Monday he would use an executive order to impose 25 per cent tariffs on all goods coming from Canada and Mexico until the two countries stop drugs and migrants from illegally crossing the U.S. border. The announcement, made on Truth Social, brought swift responses from officials and industry in both countries who are bracing for chaos during Trump’s second tenure. He has long used the threat of import taxes to pressure other countries to do his bidding, saying this summer that “the most beautiful word in the dictionary is ‘tariff.'” It’s unlikely the move would violate the Canada-U.S.-Mexico Agreement, which was negotiated during the first Trump administration. Laura Dawson, an expert on Canada-U. S. relations and the executive director of the Future Borders Coalition, said the president can impose tariffs under his national security powers. This type of duty has a time limit and can only be made permanent through Congressional approval, but for Trump, national security powers are like a “get out of jail free card,” Dawson said. “This is exactly what happened in the last Trump administration,” Dawson said. “Everyone said, ‘Well, that is ridiculous. Canada is the U.S.’s best security partner. What do you mean our steel and aluminum imports are somehow a source of insecurity?'” But within the global trade system, she said, no country challenges another’s right to define their own national security imperatives. Trump’s first administration demonstrated how vulnerable Canada is to America’s whims when the former president scrapped the North American Free Trade Agreement. The U.S. is Canada’s closest neighbour and largest trading partner. More than 77 per cent of Canadian exports go to the U.S. Negotiation of CUSMA, commonly dubbed “the new NAFTA,” was a key test for Ottawa following Trump’s first victory. The trilateral agreement is up for review in 2026 and experts suspect this week’s tariff announcement is a negotiating tactic. Scott Bessent, Trump’s pick for treasury secretary, said in a recent op-ed that tariffs are “a useful tool for achieving the president’s foreign policy objectives.” “Whether it is getting allies to spend more on their own defence, opening foreign markets to U.S. exports, securing co-operation on ending illegal immigration and interdicting fentanyl trafficking, or deterring military aggression, tariffs can play a central role.” During the initial CUSMA negotiations in 2018, Trump floated the idea of a 25 per cent tariff on the Canadian auto sector — something that would have been crippling for the industry on both sides of the border. It was never implemented. At the time, he did use his national security powers to impose a 25 per cent tariff on steel and 10 per cent tariff on aluminum imports, casting fear of an all-out trade war that would threaten the global economy. The day after announcing those levies, Trump posted on social media “trade wars are good, and easy to win.” Former U.S. trade representative Robert Lighthizer recounted in his book that the duties sent an “unmistakable signal that business as usual was over.” “The Trump administration was willing to ruffle diplomatic feathers to advance its trade agenda.” It led to a legendary clash between Prime Minister Justin Trudeau and Trump at the G7 in Quebec. Trudeau said Canada would impose retaliatory measures, saying the argument that tariffs on steel and aluminum were a matter of national security was “kind of insulting.” Trump took to social media, where, in a flurry of posts he called Trudeau “very dishonest and weak.” Canada and other countries brought their own duties against the U.S. in response. They targeted products for political, rather than economic, reasons. Canada hit yogurt with a 10 per cent duty. Most of the product impacted came from one plant in Wisconsin, the home state of then-Republican House Speaker Paul Ryan. The European Union, Mexico and Canada all targeted U.S. whiskey products with tariffs, in a clear signal to then Republican Senate Majority Leader Mitch McConnell and his home state of Kentucky’s bourbon industry. Ultimately, Canada and Mexico were able to negotiate exemptions. Carlo Dade, the director of trade and trade infrastructure at the Canada West Foundation, said Trump is returning to the White House with more experience and a plan. But he suspects Americans will not like the blow to their bank accounts. Trump’s new across-the-board tariff strategy would not only disrupt global supply chains, it would also cause a major shakeup to the American economy. It’s unclear if Trump will go through with them, or for how long, after campaigning on making life more affordable and increasing the energy market. “I think it will be short-term,” Dade said. “The U.S. can only inflict damage on itself for so long.” This report by The Canadian Press was first published Nov. 26, 2024. — With files from The Associated Press Advertisement AdvertisementHoliday shopping doesn't have to be stressful

FRISCO, Texas (AP) — Dallas Cowboys linebacker DeMarvion Overshown could miss the 2025 season recovering from the right knee injury sustained in a loss to Cincinnati, coach Mike McCarthy said Tuesday. McCarthy said Overshown has a “long road of rehab in front of him.” The second-year player tore multiple ligaments when a Bengals lineman crashed into his leg in the Cowboys' 27-20 loss Monday night. Overshown missed all of his rookie year in 2023 after tearing the ACL in his left knee in a preseason game. The latest injury came in his first game since a spectacular 23-yard interception return for a touchdown in a 27-20 victory over the New York Giants on Thanksgiving. “DeMarvion is getting ready to have a big surgery in front of him,” McCarthy said of the procedure planned this week. “His physical and football talent speaks for itself. He’s such a bright light. He’s got a great, infectious personality — a tough young man. He is definitely going to be missed.” The former Texas standout, drafted in the third round last year, was second on the team to star pass rusher Micah Parsons with five sacks when he went down. The December timing of Overshown's injury means rehab is likely to extend past training camp and into the regular season next year, after he turns 25. Parsons was emotional when asked about Overshown after the Cincinnati game. “I cried,” he said. “It’s like my little bro, bro. He doesn’t deserve that either. Just to understand what he’s going to go through and to be there for him physically, mentally. It’s just so challenging because of the year he was having. I really just don’t think that’s fair either.” The loss of Overshown comes with defensive end DeMarcus Lawrence close to return from a foot injury that has sidelined him since Week 4. But the Cowboys (5-8) are all but out of the playoffs as they prepare to visit Carolina (3-10) on Sunday. ___ AP NFL: https://apnews.com/hub/nfl The Associated Press

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