Saoirse Ronan explains career change in new movie

Saoirse Ronan is debuting as a producer in her new movie The Outrun, which is out in UK cinemas this week. Based on Amy Liptrot’s autobiographical book, the film follows 29-year-old Rona, who returns home to the Orkney Islands to recover from her alcoholism. One day at a time, Rona finds hope and strength while haunted by her darkest moments. Ronan first got acquainted with Liptrot’s book through her husband and fellow actor Jack Lowden. After falling in love with the material, she decided to take this opportunity to embark on her first producing venture. “It was great. I think it was exactly what I needed,” she said about the experience in an exclusive interview with Digital Spy. StudioCanalRelated: The best and most anticipated movies of 2024″It was a really excellent way to get out of your own head and think about the bigger picture, and also for me to be able to put my energy actively into the people that I was working with,” Ronan added. “To know that I could help them if hair and makeup aren’t being listened to enough, or a cast member needs a little bit more of something, whether it’s on set or off. And because I’m so used to being in that position myself, I have an empathy and an understanding of anyone else who is in that role. “So I just feel like more creative people need to be making their own stuff, because there is this cutthroat element that I think you can get sometimes with industry heads. You just have an understanding of how things should be done, I guess, and the safest way to do that. So it was wonderful to be able to exercise that.”StudioCanalRelated: 12 must-see British movies at this year’s London Film FestivalRonan also opened up about how it was to tackle such a heavy topic as alcoholism, which is at the core of the story. “For me, it felt like an opportunity to respectfully portray that experience, whether you are the person going through it directly, or you are the loved one of someone who’s going through it,” she explained. “I think it’s an illness, whether it’s alcohol addiction or another form of that, or whether we’re just referring to mental illness. It’s something that affects everybody across the board, in some shape or form. “So I think to be able to, yet again, take a movie and use that as a way to show a slightly different perspective and open people’s eyes to that, even more open the conversation, even more about what that’s like, and also the joy and the healing that can come thereafter, that is always going to be worthy of our time, I think.”StudioCanalThe actor is joined in the cast by I May Destroy You’s Paapa Essiedu, Game of Thrones’ Stephen Dillane and Slow Horses’ Saskia Reeves. The film is directed by Nora Fingscheidt and co-produced by Jack Lowden, Sarah Brocklehurst and Dominic Norris. The Outrun has received mostly positive reviews from critics, who have praised Ronan’s “deeply committed” lead performance. The film has landed a 78% on Rotten Tomatoes (from 41 reviews) ahead of its UK release this Friday and its US release on October 4. Saoirse Ronan also stars in one of the most anticipated British movies of the year, Steve McQueen’s Blitz, which is set for a November release following its premiere at the London Film Festival. The Outrun is arriving in UK cinemas on September 27. September 2024 gift ideas and dealsDeputy Movies Editor, Digital Spy  Mireia (she/her) has been working as a movie and TV journalist for over seven years, mostly for the Spanish magazine Fotogramas. 
Her work has been published in other outlets such as Esquire and Elle in Spain, and WeLoveCinema in the UK. 
She is also a published author, having written the essay Biblioteca Studio Ghibli: Nicky, la aprendiz de bruja about Hayao Miyazaki’s Kiki’s Delivery Service.   During her years as a freelance journalist and film critic, Mireia has covered festivals around the world, and has interviewed high-profile talents such as Kristen Stewart, Ryan Gosling, Jake Gyllenhaal and many more. She’s also taken part in juries such as the FIPRESCI jury at Venice Film Festival and the short film jury at Kingston International Film Festival in London.    Now based in the UK, Mireia joined Digital Spy in June 2023 as Deputy Movies Editor. 
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In Florida, A School District Puts Books Back On The Shelves

Facing a federal lawsuit over their removal of 36 books from schools, the Nassau County School District reached a settlement agreement to return the books to library shelves.

The books on the list included works by Ellen Hopkins and Sarah Maas as well as works by prize-winning author Toni Morrison. Oft-challenged works such as The Kite Runner, The Perks of Being a Wallflower, and The Hate You Give were on the list, as well as the children’s book And Tango Makes Three, the true story of two male penguins who adopt a penguin nestling.

The board’s action was picked up by local news in late January, and that local news story caught the attention of Tango authors Peter Parnell and Justin Richardson, who are no strangers to having their book challenged.

The challenge to the books was brought by the Nassau County Chapter of Citizens Defending Freedom. That chapter’s executive director Jack Knocke said in February “School districts that are breaking the law should be held accountable. In this case, we are very pleased with the cooperation and professionalism of the Nassau County School Board, who respectfully worked with us every step of the way to help protect our county’s children.”

Citizens Defending Freedom was founded as County Citizens Defending Freedom in 2021. Jack Jenkins at Religion News Service reported that the inspiration came from hearing Rand Paul speak to a group of faith and business leaders meeting at Mar-a-Lago. The group also has names ties to other conservative groups, particularly the Alliance Defending Freedom, a Christian conservative group that has exercised considerable influence in opposing LGTBQ rights and abortion.
CCDF started out in Polk County, where the group challenged 16 books as illegal in 2022. It soon expanded to other counties and states, changing its name to reflect its greater reach. In its IRS filing, CDF lists a threefold mission:

To equip and empower American citizens to stand for and preserve freedom for themselves and future generations. To resolve breaches of liberty through local awareness, local light, and local action. To educate the American citizen on the value of the Gospel of Jesus Christ and its influence on America’s founding.

Founder Steve Maxwell is the CEO of a company that makes produce packaging, and most of the visible members of CDF are also Christian businessmen. One critic called them “Moms for Liberty in suits.”

CDF Nassau has previous experience with the Nassau school board. CDF Nassau board member Rich Lamken was a “regular speaker” at board meetings and had pushed for a Citizens Budget Advisory Committee. The board resisted but eventually created the committee, giving it oversight of just 5% of the budget. They did not appoint Lamken to the committee. The headline in the conservative Citizens Journal Florida read “School Board Selects Leftist Extremist Over a Qualified, Experienced Candidate for Review Board.”
CDF Nassau’s request to remove the books could not have come as a surprise to the board. But Lauren Zimmerman, attorney for the Tango authors, says it came as a surprise to those outside the board. “There was no public hearing. There was no real announcement about what was going on.” But when the news broke, the authors and several parents and students in the district filed suit in federal court.
The district had claimed that Tango was removed due to “lack of circulation,” but Zimmerman says that examination of district records showed that the book had been taken out by students, and that other books that showed no circulation were not removed. In a press release protesting the board’s decision to pursue settlement, CDF doubled down on its challenge to the book:
Suggesting that children find their values from the abnormal animal kingdom behavior is manipulative and confusing to young minds. Values taught is school should come from the Judeo-Christian values ordained by God on which the United States of America was founded.
In the press release, CDF also objects to Ghost Boys, which promotes “racial division, hatred, anti-police themes, and directs students to even more radical writings.”
The other books, argued CDF, were in violation of Florida statute 847.012, which broadly forbids exposing minors to any depiction of “sexual conduct.”
The list appears to have been drawn from the website BookLooks.org, a site that highlights objectionable content in books; the site has been linked to many book challenges in the U.S.
The lawsuit charged that the school board used “unlawful censorship” to remove “the children’s book behind closed doors and without community involvement or comment” in violation of Florida’s sunshine laws. Zimmerman says the district has a book challenge procedure in place, but it was not followed in this case.
Shortly after the suit was filed, the school board centered negotiations to settle the suit, and soon after the parties reached a settlement. That settlement requires the board to restore the books, to refrain from making any future removals behind closed doors, and to acknowledge that Tango contains no obscene material.
Zimmerman argues that suit was important because “it’s a playbook that we’re seeing” in which some organization steps in and decides “its views on what our children should and shouldn’t read should rule the say.” Why would successful authors whose work is often challenged but rarely removed bother with this? Zimmerman explains, “Freedom of information, the importance of education, diversity, and viewpoints that students can be exposed to those. It’s just all very important. It’s kind of the cornerstone of American education.”
CDF Nassau executive director Jack Knocke called the settlement “a dark day for Nassau County Schools.” CDF called on Governor Ron DeSantis to remove the Nassau County School Board and Superintendent. They have also notified the Nassau County Sheriff, sharing district findings as evidence “that they are distributing materials in violation of Florida’s child obscenity laws.” Says Sarah Calamunci, CDF Florida State Director, “We intend to hold them accountable.”
At this time, the school board has not replied to a request for comment.

US public schools banned 10,000 books in most recent academic year

More than 10,000 books were banned in US public schools from 2023 to 2024, according to a report, marking a stark increase over the year before as Republican-led states pass new censorship laws.The survey from PEN America suggested that bans of books nearly tripled nationwide, from 3,362 the previous year.At least 13 titles were banned for the first time, including Alex Haley’s Roots: The Saga of an American Family, which describes the journey of an enslaved person from Africa to the US, and James Baldwin’s Go Tell It on the Mountain, the acclaimed semi-autographical work set in Harlem, New York.PEN America, a non-profit organization dedicated to freedom of expression, said that approximately 8,000 instances of book bans took place in Florida and Iowa, as both states enforced sweeping laws targeting classroom material.“State legislation was also particularly critical in accelerating book bans, making it easier to remove books from schools without due process, or in some cases, without any formal process whatsoever,” PEN America said.Iowa’s law, signed in 2023, bans material about sexual orientation and gender identity before seventh grade. The legislation also explicitly bans books depicting sexual acts from K-12 libraries and classrooms.In Florida, any book challenged for including “sexual conduct” is pulled while under review. Such guidelines have led to a sharp increase in book bans, PEN America reported.Both states have faced lawsuits over the controversial laws.Major publishers, LGBTQ+ teachers, students and parents sued to have Iowa’s law permanently overturned. But a federal appeals court overturned a temporary injunction on Iowa’s book bans, allowing the law to continue taking effect. Additional legal proceedings are expected.Six prominent book publishers are also suing Florida over its “unconstitutional” book ban after hundreds of their titles were pulled from school libraries.Utah, South Carolina and Tennessee have all recently enacted book bans as well. Utah, in particular, has one of the “most extreme” bills, PEN America said, referring to the law HB 29, which says a book must be pulled from all schools in the state if at least three districts have found the title to be “objectively sensitive material”.Book bans have continued to overwhelmingly target stories focused on LGBTQ+ people and people of color, according to PEN America.“In part due to the targeting of sexual content, the stark increase includes books featuring romance, books about women’s sexual experiences, and books about rape or sexual abuse as well as continued attacks on books with LGBTQ+ characters or themes, or books about race or racism and featuring characters of color,” it said.It said it would release a final count on the number of banned books in the autumn.Meanwhile, legal action has helped restore books in some municipalities. One Florida county brought back 36 books that were previously purged after settling a lawsuit from a coalition of parents, students and authors.

China and Quantum Technologies

The three main quantum technologies are quantum communications, quantum computing, and quantum sensing. First, a very little bit about quantum physics. According to Cal Tech, “Quantum physics is the study of matter and energy at the most fundamental level. It aims to uncover the properties and behaviors of the very building blocks of nature.” The central concepts of quantum physics are very esoteric things like wave-particle duality, superposition, the uncertainty principle, and entanglement.

These concepts are all very exciting, but what does it mean in a practical sense, and why is it important to the average American?

It is important in that quantum science has the promise to bring ever more advanced methods of communications, computing, and sensing to the world. Quantum technology has such potential that for whoever perfects it first, it will be like the invention of the light bulb as a world-shaking phenomenon that will change things forever. Whoever is the leader in this field will gain great advantages and power over those lagging behind.

Guess who is leading the world in quantum communications? You guessed it, China. Who is leading the world in quantum computing? Most say the U.S. is leading, but other sources say that China has caught up and will quickly surge ahead. Who is leading the world in quantum sensing? Again, the consensus is that it is also China. Who has a centralized, disciplined approach to divining the secrets of the quantum world? Again, China. The U.S. effort is small in investment terms and fractured between government, academia, and business, with less than optimal coordination or cooperation between the various entities pursuing it. Whoever wins this race will likely be more powerful and more advanced and will lead the world of tomorrow.

The Information Technology and Innovation Foundation (ITIF) has done a comprehensive analysis of the quantum field and published its results in a new report. Some of the findings of this report are:

China has over $15B in public quantum funding, far ahead of the U.S. at only $3.8 billion.
China benefits from Western efforts in the quantum field, which tend to be very open such that they garner the benefits of others’ efforts while carefully concealing what research they are doing.
Quantum technologies are critical for national defense and potentially transformative for the economy and society.
China has the world’s longest quantum key distribution network, which stretches 1,200 miles and connects four major cities — Beijing, Jinan, Hefei, and Shanghai.
China boasts the world’s only quantum satellite, which has been in operation since 2016.
China is at the forefront of secure, long-distance quantum communications.
China focuses on turning innovative research into practical commercial applications quickly.
China’s efforts are done in secret with little to no international collaborations.
China values:

Secure communications that ensure confidentiality and integrity
Development of computers exponentially faster than conventional computers
Enhanced sensing and measurement using quantum technology

China has consolidated commercial quantum research into the government, which ensures complete control over development and deployment.
According to international experts, China is significantly ahead of the rest of the world, including the U.S., in using quantum communications.
China has already fielded devices that enable the detection of submarines and other hidden threats. This represents a significant problem for the U.S. in and around the South China Sea, where tensions are already high.
The Chinese government dictates the linking of research results being integrated into their industry. For example, they can order the centralization by location of Chinese industry in the same geographical area and thereby gain an advantage in the fielding of that technology.
The analysis by ITIF concludes, “The United States approaches quantum innovation as a ‘Vannevar Bush science project’ rather than as a national security of competitiveness priority.” Meanwhile, “China’s approach is designed for speed and efficiency.”
China leads the U.S. in global research output in all three areas:

38% to 13% in communications
23% to 21% in computing
25% to 15% in sensing

China leads in patents, 6,000 to 3,300 for the U.S.
China’s effort in the quantum realm focuses on national security over commercial objectives.
During the National CCP Congress in 2017, President Xi Jinping articulated a vision for China to lead the U.S. in quantum science, so this is a political goal, not just a scientific one.

ITIF’s conclusions:

There is broad consensus that the U.S. needs to spend more on quantum science.
The U.S. should move quickly to commercialize the quantum industry.
The U.S. should treat quantum technology as a national security and economic imperative, not just a scientific pursuit.
Export controls are vital for safeguarding quantum technologies from misuse and to prevent an advantage to China.

Science has just started to scratch the surface of the quantum world. How it will play out is unknown. Suffice it to say that China is serious about dominating the field. The quantum world in science fiction involves concepts such as time travel, wormholes for spaceships to travel incredible distances instantaneously, or quantum world portals for instantaneous transportation. Whatever it brings, the U.S. better discover it before China does. Imagine our dismay if the critical breakthroughs are made by China. If what is depicted in science fiction is anywhere close to the truth, the U.S. better win the race to perfect quantum technology. If China wins this race, it will rule the world.

Tired? Here’s what science tells us about getting a better night’s sleep.

Sleep is a peculiar habit. It forces us, and countless other organisms on the planet, to forgo food, mating, and avoiding predators for substantial chunks of every day. And while we can all attest that when we don’t get enough sleep, we feel it, it’s not totally clear why. Indeed, it might surprise you to learn that exactly why we need sleep in the first place remains a mystery.Such unknowns mean that researchers send back frequent bulletins from the frontiers of science: Sleep deprivation causes dangerous molecules to accumulate in the gut, work with mice and fruit flies reveals, perhaps explaining why a total lack of sleep can kill lab animals. Sleep lets waste products drain from the brain, one set of studies shows — but newer work challenges that. Sleep improves our ability to consolidate new memories, though perhaps not more than simple, quiet wakefulness does.What’s not controversial is that many of us just aren’t sleeping enough: According to a CDC survey, over one-third of Americans report not getting the recommended amount of shut-eye. This should not be taken lightly, as those getting insufficient sleep “are at a much greater risk for diabetes, stroke, hypertension, obesity, depression, anxiety, cancers,” says neuroscientist Steven Lockley, a visiting professor at the University of Surrey in the United Kingdom.We spoke with experts to find out what’s important for all of us to know about sleep and how, perhaps, to improve our experience of it. Here are five takeaways.1. Tired? You’re not alone.Are we living in an age of unprecedented sleepiness? Though modern phone use may have exacerbated problems with getting to sleep, it’s not as clear-cut as you might think.A major review of studies between 1960 and 2013 found that people slept about the same amount regardless of the year. It doesn’t seem to be about tech either: A 2015 study had people in three pre-industrial societies in Namibia, Bolivia, and Tanzania wear activity trackers to record sleep habits, and found that they did not sleep more than their industrialized counterparts — the duration ranged from 5.7 to 7.1 hours a night. And anxiety about lack of sleep has long been a perennial problem. In 1894, a British Medical Journal editorial included this tidbit: “The subject of sleeplessness is once more under public discussion. The hurry and excitement of modern life is quite correctly held to be responsible for much of the insomnia of which we hear.”Regardless, the fact remains that many today would like to be sleeping more. For adults, pressures of commutes, child care, and multiple jobs may mean they are not able to follow their body’s cues as closely as they’d like. Sleep deprivation is a problem for teenagers as well. The recommendation for children ages 13 to 18 is eight to 10 hours a night. But two-thirds of middle and high schoolers responding to a CDC survey slept less than that, which the health agency says could affect mental health, attention, and behavior, among other outcomes.There are racial and ethnic disparities to consider as well. “This is a bigger problem for underrepresented populations,” says Tom Scammell, a Beth Israel Deaconess neurologist and a professor of neurology at Harvard Medical School. The most sleep-deprived in the CDC survey were Black and Pacific Islander adults, with roughly 1 in 2 respondents saying that they needed more sleep.The consequences of sleeplessness today could be more serious than they were in the past, says Lockley, who is also the cofounder of Timeshifter, an app aimed at helping travelers reduce the symptoms of jet lag. “You wouldn’t have had to worry about drowsy driving 150 years ago,” he says.Lorenzo Gritti for the Boston Globe2. You’re probably a poor judge of your own sleepiness.The American Academy of Sleep Medicine recommends adults get a minimum of seven hours of sleep a night. That means you have to be in bed longer than seven hours, Lockley says, because normal night sleep is peppered with tiny awakenings.But if you’re regularly getting less sleep than that and feel fine, should you be worried? Scammell says people are not very good at assessing whether they are suffering from sleep deprivation. In his experience, asking more questions often reveals red flags, like drinking four cups of coffee a day or needing an afternoon nap.“When people get into these chronic situations, what they consider normal may not be representative of how their day should be,” he says. Lockley points to studies suggesting that sleep-deprived subjects perform worse on cognitive tests without realizing it. “Your ability to assess is impaired,” he says. “You often think you are doing better than you are.”People with severe sleep apnea, a condition which causes them to stop, then restart, breathing at night, may feel foggy during the day. But they may also think they sleep wonderfully, says Andrew Wellman, director of the Sleep Disordered Breathing Lab at Brigham and Women’s Hospital. He tells a story of a patient who insists he is a good sleeper, while his assessment results tell a different story, full of disturbed sleep. “The reason he thinks he sleeps fine,” Wellman says, “is he is so tired that he falls asleep instantly.”Wellman recommends this test: Do your eyelids feel heavy during the day? If they do, that’s a better indication of sleep deprivation than whether you feel “fine.”3. Can’t sleep? The best treatment isn’t a pill.The gold standard treatment for insomnia — having trouble falling asleep or staying asleep — is not sleep medication, which can cause side effects such as cognitive impairment and dizziness. Cognitive behavioral therapy for insomnia (CBT-I), which may include patients recording how long they spend in bed asleep and awake, dimming the lights before bed, and working with a therapist to build habits that help them feel tired at the right time, is as effective or more effective than sleeping pills and has fewer side effects, a 2019 study showed.It can be challenging to find a CBT-I practitioner, Scammell says. But even without a therapist, there are apps that aim to help people gain some of these skills. Sleepio, for instance, has been found to be useful in treating anxiety and insomnia in two large randomized controlled trials.For insomniacs, aiming for a certain number of hours a night can be counterproductive, Wellman says. When anxiety about getting enough sleep makes it harder to sleep, it’s time to take off your activity tracker and start focusing on good habits, rather than numbers. “It’s not one size fits all,” he says, of sleep advice. It all depends on context.When it comes to children, improving habits — such as dimming lights in the house and avoiding screens for several hours before bedtime — should be the first step in improving sleep, experts say.A recent trend has seen parents giving the hormone melatonin to their children, in hopes of helping them sleep. According to one study, 6 percent of preschoolers and nearly 20 percent of older children had been given melatonin, many of them every night. This may seem harmless, as melatonin — a hormone produced by the body in the hours before sleep — is available without a prescription. But there is almost no data about the safety of long-term melatonin use in children, Scammell warns. What’s more, Lockley says, in many animals, melatonin is known to impact the reproductive system, raising questions about whether it should be considered safe for children without further study.Lorenzo Gritti for the Boston Globe4. Light is a powerful drug. Let it help you.The timing of sleep is controlled in part by your internal sleep drive, which keeps track of how long it’s been since you slept. It’s also controlled by the body’s circadian clock, which keeps track of the daily cycle of light and dark. Both systems are affected by light, a stimulant that can keep your sleep drive from getting you to drift off, Lockley says. Light at the wrong time can shift your clock so you are no longer in tune with your environment. (Think trying to sleep in a very different time zone.)Lockley says he and his colleagues have exposed volunteers briefly to bright indoor lights, and found something striking. Even 15 seconds of very bright light was shown to shift the internal clock, he says. The clocks of those who’d seen the bright light, in other words, had shifted more than those who hadn’t.Blue light, emitted from fluorescent and LED lights and back-lit electronic screens, has more impact on circadian rhythms than other types of light, according to the National Institute for Occupational Safety and Health. Indeed, during the evening, exposure to even moderate amounts of blue light can cause your body to delay the production of melatonin. Those who have trouble falling asleep should consider avoiding screens on televisions, smartphones, and other digital devices before bed, NIOSH recommends.Red light, however, has little effect on circadian rhythms, which is why doctors may suggest reading by a warm-colored light before bed rather than using your phone.Lorenzo Gritti for the Boston Globe5. Sleep is older than brains.In all the anxiety over getting enough sleep, it may help to reflect on the bigger picture. It’s easy to assume that sleep evolved for the brain — after all, we feel “clear-headed” after a good night’s rest — and for many years, sleep scientists believed this was the case.But something more unexpected may be closer to the truth. The road to our current understanding began in the 1970s, when biologist Irene Tobler began documenting behavior in cockroaches — whose nervous systems have two brain-like clusters of neurons — that looked a lot like sleep.The insects had periods of stillness during which they were hard to rouse, and if they were roused, they had to make up for it later with more rest. In the decades since, studies based on Tobler’s criteria have revealed sleep in organisms as diverse as fruit flies and roundworms. Those same sleep behaviors can be seen in Cassiopea jellyfish, which have no centralized brain, just a nervous system. An even simpler creature, the hydra, was spotted sleeping in 2020.That suggests two things: One, that sleep is perhaps more than a billion years old, when the last shared ancestor of humans and hydras lived. Two, sleep may not have evolved as a maintenance procedure for the thinking appliance in our skulls. For us, sleep keeps us alert, supports cardiovascular health, and likely allows our bodies to take care of things they can’t while we are awake. For the earth’s first sleeper, we can only imagine what it meant.Think of that the next time you get into bed — what you are about to do is ancient and mysterious, and we are only just beginning to understand its profound role in our lives.Veronique Greenwood is a science writer based in the United Kingdom. Send comments to [email protected].

India September Business Growth at 9-Month Low as Demand Eases: PMI

Both the manufacturing and service sectors exhibited similar trends during the month.HSBC’s flash India Composite Purchasing Managers’ Index, compiled by S&P Global, slipped to 59.3 this month from August’s final reading of 60.7.Growth in India’s business activity slowed to a nine-month low in September amid a slight cooling in demand and an uptick in costs, according to a survey that also showed services sector jobs rose at the fastest pace in two years. HSBC’s flash India Composite Purchasing Managers’ Index, compiled by S&P Global, slipped to 59.3 this month from August’s final reading of 60.7.However, overall activity remained strong, taking the expansionary streak – the 50-mark separating expansion from contraction – to over three years.“The flash composite PMI in India rose at a slightly slower pace in September, marking the slowest growth observed in 2024,” noted Pranjul Bhandari, chief India economist at HSBC. “Both the manufacturing and service sectors exhibited similar trends during the month. Nevertheless, the pace of growth remained well above the long-term average.”The dominant services industry’s index fell to 58.9 this month from 60.9 in August, its lowest since November, while the manufacturing one cooled to an eight-month low of 56.7 from 57.5.Overall growth was hurt by a softer rise in new business and orders – key gauges for demand – for both services and goods providers in domestic as well as overseas markets. The pace of expansion in manufacturing output was largely unchanged from August.Highlighting softer demand, companies refrained from fully passing on a slight acceleration in input costs to customers as prices charged were muted compared to last month. Firms noted higher raw materials and electricity prices.“Input cost inflation rose at a slightly quicker pace in September. Rates of increase in output charges slowed in both sectors, with manufacturers experiencing a larger slowdown, implying a bigger reduction in their margins,” added Bhandari.That is likely to keep the Reserve Bank of India on edge as uncertainty over the inflation outlook has increased despite registering below its medium-term target of 4.0% for a second month in August. The next policy meeting will be Oct. 7-9.However, firms continued to hire additional staff this month as the business outlook for the coming 12 months was upbeat, driven by expectations of securing new business.The rise in employment in the services sector was the sharpest since August 2022 and manufacturing jobs increased for a seventh consecutive month, albeit at a slightly easier pace than in August.(This story has not been edited by News18 staff and is published from a syndicated news agency feed – Reuters)About the AuthorMohammad HarisHaris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi

Cataracts Gone Without Surgery? New Science Suggests It’s Possible

Key TakeawaysMillions of Americans undergo cataract removal surgery each yearNew research in squirrels has spotted a protein in the eye that reverses the vision-robbing conditionSurgeries come with risks, so any non-surgical option for cataracts is welcomeMONDAY, Sept. 23, 2024 (HealthDay News) — Research in rats and hibernating squirrels has pinpointed a naturally occurring protein that appears to reverse cataracts, scientists report.

Is Allegiant Travel Company (ALGT) Among the Worst Airline Stocks to Buy?

We recently compiled a list of the 10 Worst Airline Stocks To Buy According to Short Sellers. In this article, we are going to take a look at where Allegiant Travel Company (NASDAQ:ALGT) stands against the other airline stocks.The airline industry is one of the most crucial industries to the global markets and supply chains. It did suffer quite significantly over the last 4 to 5 years mainly due to the pandemic. However, in 2024, the airline industry is projected to achieve operating profits of more than $49 billion, which is supported by strong demand and pricing power, according to a PwC report from January.Passenger numbers are rebounding to almost pre-COVID levels, although full recovery of lost growth may take longer. However, there are still a few challenges that the industry needs to overcome, including supply chain and production quality issues, which are expected to continue impacting aircraft deliveries throughout the year.Trends in Advancement of the Airline IndustryAccording to PwC, generative AI is set to change the industry by improving efficiency and customer service. Additionally, 2024 is an important year for increasing the use of Sustainable Aviation Fuel (SAF), with goals to reach 5-10% SAF by 2030. However, large investments are necessary to create the needed infrastructure.We also discussed the role of AI in the industry in our article 11 Worst Aviation Stocks to Buy According to Analysts. Here is an excerpt from the article: “Like most industries of today, airlines are also implementing AI to improve the efficiency of their operations. According to an August report by CNBC, these companies are using AI for tasks like ground control, customer service, and optimizing flight routes. American Airlines introduced its AI-powered “smart gating” system at its Dallas-Fort Worth control center. The tool automatically assigns gates to incoming flights, which cut runway taxi time by around 20%, or two minutes per flight, across five airports. The system also helps passengers, baggage, and crews make quicker connections, which improves overall efficiency. Alaska is using AI to streamline flight paths and optimize aircraft turnaround times at gates. Its tool is described as “Waze for the skies,” and it uses AI to plan faster routes, which saves fuel and reduces delays. Additionally, the system monitors ground operations as it tracks when fuel, catering, and baggage trucks arrive and depart, which allows agents to address delays immediately. United has implemented generative AI for customer service, especially during flight disruptions. The AI generates detailed, empathetic messages explaining delays, which has increased customer satisfaction by 4% since its rollout on 6,000 flights.” North America Leading the WayAccording to a KPMG report posted in January, the North American airline market has been the primary driver of global traffic growth and profitability, accounting for 56% of the IATA’s industry profit forecast for 2024. The region quickly recovered from the pandemic and achieved profitability in 2022, with transatlantic travel rebounding in the summer of 2023.While low-cost carriers (LCCs) initially benefited from early domestic recovery, premium international travel demand has surged which favors the bigger airlines. The major carriers have seen strong demand for their premium services, which are driven by both leisure and business travelers. On the other hand, LCCs like Spirit and JetBlue have faced challenges, including softer demand, higher fuel and labor costs, and capacity constraints due to engine issues.In June, IATA increased its profit forecast for global airlines in 2024 and now expects a net profit of $30.5 billion, which is higher than both the $27.4 billion expected in 2023 and the earlier 2024 forecast of $25.7 billion.Some major expectations for 2024 include record revenue of $996 billion and 4.96 billion passengers, but ongoing supply chain issues are limiting aircraft deliveries. Cargo revenues are also declining from their pandemic highs but remain above 2019 levels.IATA also highlighted the need for supply chain improvements and favorable public policy to support industry profitability and investments in sustainability.Our MethodologyTo select the 10 worst airline stocks according to short sellers, we used a Finviz stock screener to identify over 20 airline stocks. Next, we narrowed our list to 10 stocks with the highest short interest but were also the most popular among elite hedge funds, as of Q2 2024. Finally, these stocks were ranked in ascending order of their short interest.Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).A busy airport terminal with travelers passing through on their leisure travels.Allegiant Travel Company (NASDAQ:ALGT)Short Interest as % of Shares Outstanding: 10.77%Number of Hedge Fund Holders: 17Allegiant Travel Company (NASDAQ:ALGT) is a major U.S. airline, headquartered in Las Vegas, Nevada. It is known for its ultra-low-cost business model. The airline focuses on serving underserved leisure markets and connects smaller and medium-sized cities to popular vacation destinations. The company uses a fee-based revenue structure, according to which it keeps base fares low while offering several add-on services such as seat selection, baggage handling, and food purchases.Allegiant Travel’s (NASDAQ:ALGT) ancillary revenue is one of the most attractive features of its business model, which includes fees for services beyond just the ticket price. The approach has helped the airline maintain profitability while keeping base fares competitive. It also partners with hotels, car rental services, and tourist attractions and offers bundled travel packages.On September 20, Allegiant Travel (NASDAQ:ALGT) raised it Q3 outlook based on its August performance. Chief Commercial Officer Drew Wells reported stronger-than-expected demand and unit revenue for late September, with third-quarter unit revenues showing a 5.5% year-over-year decline, an improvement from the earlier forecast of a 7.5% decline.The company’s CFO, Robert Neal said that non-fuel unit costs for Q3 increase is expected to be 4.5%, which is 2.5% lower than expected. Fuel costs for the quarter are expected to average $2.70 per gallon, down from $2.80.Allegiant Travel (NASDAQ:ALGT) expects its August capacity to be up around 1.8%, compared to previous forecasts of 1.3%. In August, the company updated Q3 guidance, which shows a 1.8% year-over-year rise in system available seat miles (ASMs), with scheduled service ASMs up 1.6%. The company anticipates an operating margin between -0.5% and -1.5%, and EPS excluding special charges, is projected to range between -$0.75 and -$1.25, compared to the previously forecasted range of -$1.50 to -$2.50.However, even with a positive outlook, some analysts remain bearish on Allegiant Travel’s (NASDAQ:ALGT) stock. On September 21, TipRanks reported that Bank of America Securities analyst Andrew Didora reiterated a Sell rating on the company with a $40 price target. Despite its positive update on third-quarter guidance, including better-than-expected revenue and cost control, the analyst remains skeptical.The analyst stated concerns over its unique route network, high expenses from new pilot agreements, and the costly Sunseeker project. Despite lower fuel costs, the company’s financial challenges and high debt levels contribute to his bearish outlook.In Q3, 17 hedge funds had stakes worth $111.800 million in Allegiant Travel (NASDAQ:ALGT). With 945,839 shares worth $47.51 million, Diamond Hill Capital is the company’s largest shareholder as of Q2.Overall ALGT ranks 3rd on our list of the worst airline stocks to buy according to short sellers. While we acknowledge the potential of ALGT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is promising and trades at less than 5 times its earnings, check out our report about the cheapest AI stock.Read Next: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.Disclosure: None. This article is originally published at Insider Monkey.