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Power couple: green energy, gas giant bet on renewablesBitcoin is at the doorstep of $100,000 as post-election rally rolls on NEW YORK (AP) — Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. NFL issues security alert to teams and the players' union following recent burglaries The NFL has issued a security alert to teams and the players’ union following recent burglaries involving the homes of Chiefs stars Patrick Mahomes and Travis Kelce. In a memo obtained by The Associated Press, the league says homes of professional athletes across multiple sports have become “increasingly targeted for burglaries by organized and skilled groups.” Law enforcement officials noted these groups target the homes on days the athletes have games. Players were told to take precautions and implement home security measures to reduce the risk of being targeted. Some of the burglary groups have conducted extensive surveillance on targets. Penn State wins trademark case over retailer's use of vintage logos, images PHILADELPHIA (AP) — Penn State has won a closely watched trademark fight over an online retailer’s use of its vintage logos and images. A Pennsylvania jury awarded Penn State $28,000 in damages earlier this week over products made and sold by the firms Vintage Brand and Sportswear Inc. Penn State accused them of selling “counterfeit” clothing and accessories. The defendants said their website makes clear they are not affiliated with Penn State. At least a dozen other schools have sued the defendants on similar grounds, but the Pennsylvania case was the first to go to trial. Has a waltz written by composer Frederic Chopin been discovered in an NYC museum? NEW YORK (AP) — A previously unknown musical work written by composer Frederic Chopin appears to have been found in a library in New York City. The Morgan Library & Museum says the untitled and unsigned piece is the first new manuscript of the Romantic era virtuoso to be discovered in nearly a century. Robinson McClellan, the museum’s curator, says he stumbled across the work in May while going through a collection brought to the Manhattan museum years earlier. He worked with outside experts to verify the document's authenticity. But there’s debate whether the waltz is an original Chopin work or merely one written in his hand. Volcano on Iceland's Reykjanes Peninsula erupts for the 7th time in a year GRINDAVIK, Iceland (AP) — A volcano on the Reykjanes Peninsula in southwestern Iceland is spewing lava from a fissure in its seventh eruption since December. Iceland's seismic monitors said the eruption started with little warning late Wednesday and created a long fissure but looked to be smaller than eruptions in August and May. Around 50 houses were evacuated after the Civil Protection agency issued the alert, along with guests at the famous Blue Lagoon resort, according to the national broadcaster. The repeated eruptions over the past year have caused damage to the town of Grindavík and forced people to relocate. Australian teen and British woman who drank tainted alcohol in Laos have died, bringing toll to 5 VIENTIANE, Laos (AP) — An Australian teenager and a British woman have died after drinking tainted alcohol in Laos in what Australia’s prime minister said was every parent’s nightmare. Officials earlier said an American and two Danish tourists also had died following reports that multiple people had been sickened in town popular with backpackers. Australian Prime Minister Anthony Albanese told Parliament that 19-year-old Bianca Jones had died after being evacuated from Vang Vieng, Laos, for treatment in a Thai hospital. Her friend, also 19, remains hospitalized in Thailand. Later Thursday, Britain said a British woman also died and the media in the U.K. identified her as 28-year-old Simone White. US ahead in AI innovation, easily surpassing China in Stanford's new ranking The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index. There’s no surefire way to rank global AI leadership but Stanford researchers have made an attempt by measuring the “vibrancy” of the AI industry across a variety of dimensions, from how much research and investment is happening to how responsibly the technology is being pursued to prevent harm. Following the U.S. and China were the United Kingdom, India and the United Arab Emirates. Pop star Ed Sheeran helps favorite soccer team sign player before getting on stage with Taylor Swift It turns out British pop star Ed Sheeran is also good at recruiting soccer players. Sheeran is a minority shareholder at English soccer team Ipswich Town and it needed his help over the summer to get a player to join the club. Ipswich CEO Mark Ashton tells a Soccerex industry event in Miami: “Ed jumped on a Zoom call with him at the training ground, just before he stepped on stage with Taylor Swift. Hopefully that was a key part in getting the player across the line.” Ashton didn’t disclose the player in question, saying only: “He’s certainly scoring a few goals.” Chris Stapleton wins 4 CMA Awards, but Morgan Wallen gets entertainer of the year It was mostly Chris Stapleton’s night at the Country Music Association Awards. Stapleton won four times and took the stage to perform three times Wednesday night at the Bridgestone Arena in Nashville, Tennessee. But an absent Morgan Wallen won the biggest award, entertainer of the year. Stapleton's wins included single of the year and song of the year for “White Horse,” and his eighth trophy as male vocalist of the year. Best female vocalist of the year went to Laney Johnson. An all-star ensemble including both Stapleton and Johnson performed in tribute to George Strait, who won the Willie Nelson Lifetime Achievement Award. Chris Sale and Tarik Skubal take Cy Young Awards after both were pitching triple crown winners Atlanta’s Chris Sale and Detroit’s Tarik Skubal have each won their first Cy Young Award. The left-handers were honored Wednesday night after sharing the MLB lead with 18 wins while leading their respective leagues in strikeouts and ERA. Sale went 18-3 and topped the National League with 225 strikeouts, while his 2.38 ERA in 29 starts was the best among all major league qualifiers in his first season with the Braves. The 35-year-old was an All-Star for the eighth time and won his first Gold Glove this year. Skubal, who turned 28 on Wednesday, went 18-4 with a 2.39 ERA and a big league-best 228 strikeouts in 31 starts to take the American League prize in a unanimous vote.Insurgents pick up speed -
LAHORE: On the 6th day of her 08-day long China visit, Chief Minister Punjab Maryam Nawaz Sharif announced the establishment of a working group, the appointment of a focal person and the establishment of a help desk while chairing a roundtable investment conference in Guangzhou, which was attended by officials of more than 60 prominent companies from China and Hong Kong. Representatives of leading Chinese companies in the fields of health, Artificial Intelligence, agriculture, information technology, waste management, solar energy and other sectors gave detailed presentations on their institutions. She also reviewed various suggestions and recommendations for the promotion of Pak-China free trade. The Chief Minister invited the Chinese technology companies to start operations in Punjab. Responding to her invitation, Chinese technology companies expressed keen interest in investing in Punjab. She vowed to facilitate them through one-window operation. She declared Punjab a “Land of Opportunity” for the Chinese companies. She thanked them for participating in the investment conference, and gave them a detailed briefing on the economic, geographical and business importance of Punjab. Representatives of the Chinese companies appreciated the vision of Chief Minister Maryam Nawaz Sharif, and appreciated her launch of no-plastic campaign in Punjab. The Chief Minister said, “We have launched ‘No to Plastic’ campaign in Punjab to protect the environment. We have imposed a ban on the sale, purchase and production of plastic that affects the environment.” She said, “The arrival of officials from Chinese companies even on holiday is very encouraging for us.” She added, “The zero-waste mission has started under ‘Suthra Punjab’, and we will welcome the support and cooperation of Chinese companies in this regard. Punjab is also starting a project to convert waste into renewable energy.” She said, “Mechanization is being carried out to take the agriculture on the path of innovation. Focus is being given to windmills, solar energy and renewable energy sources to obtain cheap electricity. Reforms are being introduced in the industry to improve the ecosystem. Demand for solar energy is continuously increasing in Punjab. A mega project for solarization has been launched in Punjab. We will welcome the collaboration of Chinese companies in the solarization project.” She added, “The agriculture sub-sectors of automation manufacturing, food processing and hybrid seed development will be made possible through collaboration with the Chinese companies. We want to utilize valuable asset of young industrial human resources in Punjab. We intend to start using bio and hydrogen technology.” The Chief Minister said, “Innovation in the IT sector is need of the hour. Punjab will welcome investment in e-commerce, incubator centres, and e-learning. Nawaz Sharif wants to make IT City state-of-the-art, Chinese companies can invest here.” She noted, “Response of the Chinese investors to promote Pak-China relations is encouraging. Pakistan is a gateway to Central Asia, the Middle East and other countries. Pakistan is a valuable part of the global trade route.” She said, “Telemedicine technique will benefit from China’s health system.” She added, “Agriculture can be revolutionized through nanotechnology. We want to introduce water-efficient irrigation system in Punjab. This is the best time for the Chinese companies to take advantage of business opportunities in Punjab.” Copyright Business Recorder, 2024None
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