Category: 3. Business

  • Maersk names Ditlev Blicher as new Regional President for North America

    Maersk names Ditlev Blicher as new Regional President for North America

    Charlotte, N.C. — Integrated logistics company A.P. Moller – Maersk (Maersk) is pleased to announce the appointment of Ditlev Blicher as the new Regional President for North America, effective Jan. 1, 2026. Blicher assumes the role after most recently serving as the company’s Regional President for Asia Pacific since 2023.

    A logistics industry veteran, Blicher joined Maersk in 2020 with deep global experience in operations and general management. Prior to joining Maersk, he was APA CEO at DB Schenker. He also served as President of Asia Pacific and Europe for Freight Forwarding at UTi Worldwide and Executive Vice President – Group Operations for CEVA Logistics.

    Charles van der Steene, who has served as Regional President for North America since January 2024, will become the Managing Director for Maersk’s India, Middle East and African region, where he previously served as Damco’s Regional Managing Director from 2016-2019 before the company merged with Maersk in 2019.


    I’m looking forward to working with our talented team in North America to build on the progress they’ve made as we’ve evolved into a full-suite logistics provider. Our focus will be on driving sustainable growth and strengthening operational excellence to deliver a best-in-class experience for our customers.

    Ditlev Blicher

    Regional President for North America


    About Maersk

    A.P. Moller – Maersk is an integrated logistics company working to connect and simplify its customers’ supply chains. As a global leader in logistics services, the company operates in more than 130 countries and employs around 100,000 people. Maersk is aiming to reach net zero GHG emissions by 2040 across the entire business with new technologies, new vessels, and reduced GHG emissions fuels*.

    *Maersk defines “reduced GHG emissions fuels” as fuels with at least 65% reductions in GHG emissions on a lifecycle basis compared to fossil of 94 g CO2e/MJ.


    For further information, please contact:

    Continue Reading

  • CRA says it’s owed $10 billion in COVID-related benefits sent to ineligible recipients

    CRA says it’s owed $10 billion in COVID-related benefits sent to ineligible recipients

    Listen to this article

    Estimated 4 minutes

    The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.

    When the COVID-19 pandemic hit in 2020, Edmonton-based country singer Patrick Masse, like millions of other Canadians, applied for relief benefits.

    All the gigs he’d lined up were abruptly cancelled.

    “I had really good projected earnings for that year, right? But then everything bottomed out when the world dropped,” said Masse.

    From April 2020 to June 2022, Masse received more than $41,000 in government benefits — only to later get a letter from the Canada Revenue Agency saying he wasn’t eligible for the money, and that he had to pay it back.

    According to the CRA, Masse did not meet the minimum net earnings of $5,000.

    “I was stunned. I couldn’t believe it,” said Masse. “I would have never applied for anything that I did not qualify for.”

    In early 2024, after months of back and forth, the CRA agreed he was entitled to some of the money. But he remains on the hook for about $27,000.

    “I don’t have the money; I have no money. I live in poverty … I can’t afford to lose $27,000,” said Masse.

    He’s far from alone. According to data the CRA provided to CBC News, about $14 billion in COVID-related benefits was given to individuals that the agency says, upon review, didn’t qualify because they didn’t meet the income requirements.

    Most of that money was given under the Canadian emergency response benefit (CERB) or Canada recovery benefit (CRB), the latter a $2,000/month payment for those forced to stop working during the pandemic and couldn’t get EI.

    In 2022, the CRA begin informing people that a repayment was due. Since then, it’s recouped about $4 billion. But $10 billion is still outstanding.

    This is a picture of a chart showing the amount of money owe to the CRA from various covid-related benefits
    This chart breaks down the amount of money owed to the CRA from various COVID-19-related benefits. (Canada Revenue Agency)

    CRA: Pay up or face legal action

    In a statement to CBC News, the CRA said it’s sensitive to the financial pressures facing Canadians but that it will take action against those trying to avoid repayment.

    The agency says that could mean legal measures to recover the debt, including “offsetting refunds and future credits and garnishing wages or other sources of income.”

    If you owe money to the government, there’s no statute of limitations. You can’t wait out this type of debt.– Brian Mantin, licensed insolvency trustee

    Brian Mantin, a licensed insolvency trustee in Vancouver, says he sees clients every week trying to resolve their pandemic repayments. Mantin said the CRA’s approach was initially lenient but “in the last few months, I’ve seen that approach change pretty significantly.”

    “So we’re certainly seeing bank account freezes, now we’re seeing garnishes [of pay] … that’s the most painful thing, because that’s when the government’s going directly to your employer and saying, ‘Hey, before the person gets their wages, take 30 per cent off the top,’” said Mantin.

    Short of declaring bankruptcy, Mantin said there’s no way of getting around this debt.

    “If you owe money to the government, there’s no statute of limitations,” said Mantin. “You can’t wait out this type of debt.”

    WATCH | Debt owed to the CRA can be reduced. Here’s how:

    Owe Covid payments to the CRA? Insolvency trustee Blair Mantin has some tips

    Blair Mantin is a licensed insolvency trustee in Vancouver. He has advice for people who have to repay Covid-related benefits to the CRA and tips that could reduce the amount owed.

    Taxpayers group demands accountability

    The CRA says it gave out approximately $84 billion in COVID-19 benefits to individuals during the pandemic. Franco Terrazzano with the Canadian Taxpayers Federation says that from the get-go, he worried money would go to individuals who didn’t qualify.

    Terrazzano says while the government should show compassion to people who have to repay the money, when it comes to those who administered the program, heads should roll.

    “I’m talking about the bureaucrats within the government who made these mistakes. Yes, they have to be held accountable,” said Terrazzano.Look, when you make a multibillion-dollar mess-up, you should be prepared to polish off your resumé.”

    Patrick Masse is adamant he was eligible for every dollar he got and plans to fight the repayment for as long as possible. He feels giving the money back would to tantamount to saying he lied on his application — something he’s not prepared to do.

    “It’s so brutal. You believe in good faith that you were eligible for that money,” Masse stressed. “I will not admit that I owe this money, because I [applied] in good faith.”

    Masse’s perseverance could pay off. As of Nov. 30, the CRA said it had processed about $621 million in reversals for about 55,000 individuals.

    Continue Reading

  • Tokyo stocks end lower on final trading day of 2025-Xinhua

    TOKYO, Dec. 30 (Xinhua) — Tokyo stocks ended lower on Tuesday, the final trading day of 2025, as profit-taking and risk-averse sentiment weighed on the market.

    The 225-issue Nikkei Stock Average ended down 187.44 points, or 0.37 percent, from Monday at 50,339.48. The broader Topix index finished 17.55 points, or 0.51 percent, lower at 3,408.97.

    On the top-tier Prime Market, the main decliners were securities house, nonferrous metal and service issues.

    The market opened modestly lower, tracking declines in all three major U.S. stock indexes overnight. Investor sentiment was further dampened by a sharp pullback in international precious metal prices, prompting more moves to lock in gains and reduce risk exposure.

    The Nikkei came under pressure as SoftBank Group fell on concern over its financial health after it announced plans to acquire U.S. data center investment firm DigitalBridge Group Inc. for roughly 4 billion U.S. dollars.

    The U.S. dollar moved narrowly in the lower 156 yen range in Tokyo amid a lack of fresh trading cues and thin participation ahead of the New Year holidays, dealers said.

    Continue Reading

  • Visit the Biologic Therapies Summit Via Webcast

    Visit the Biologic Therapies Summit Via Webcast

    The biennial Biologic Therapies Summit took place in Cleveland last spring, but the education continues via webcast through July 9, 2027. The webcasts and continuing medical education credits are free, thanks to the mission that drives the health system’s R.J. Fasenmyer Center for Clinical Immunology at Cleveland Clinic.

    Advertisement

    Cleveland Clinic is a non-profit academic medical center. Advertising on our site helps support our mission. We do not endorse non-Cleveland Clinic products or services. Policy

    “Many meetings across the country have archived virtual materials available, and a number of them broadcast live virtual presentations,” says Leonard Calabrese, DO, Director of the Fasenmyer Center. “We are the only meeting of this type that provides the meeting in person at the lowest cost per credit hour of any national meeting of its kind and also broadcasts it live for free with full CME credit. Our meeting, which has been going on biannually for 25 years, was also one of the first meetings in this educational space to achieve its content virtually for CME credit, absolutely free. Medical education is expensive, and there are many people who are either too busy to travel or find travel to be a financial burden.”

    The ability to accomplish these educational goals has been made possible because of philanthropic support of the R. J. Fasenmyer Center of Clinical Immunology, which Dr. Calabrese has led since its inception. Clinical immunologists from areas across the globe are a particular focus among those who benefit, he adds. “We intentionally reach out to rheumatology societies in Europe, Asia, South America and Africa to let them know that this free medical education is available to them.”

    The recent conference took place May 8-10, 2025 along with Vasculitis 2025, a separate one-day meeting that focused on emerging care approaches for this family of challenging diseases. New to Biologics this year was a poster session for trainees, who came from across the country. “It’s going to be a fixture at all of our meetings, because it brings along the next generation and allows them to interact with world leaders in the fi eld and receive counsel on their work and their careers,” says Dr. Calabrese.

    Since the inception of the Fasenmyer Center, Cleveland Clinic has been dedicated to excellence in immunologic clinical care, research and education. While a variety of educational opportunities are available worldwide that target different audiences and levels of scientific complexity, Cleveland Clinic tailors its immunologic education efforts for “busy clinicians who practice clinical immunology, and with particular reference to rheumatologists, because rheumatologists have the largest spectrum of immune-mediated immunologic diseases,” he says.

    Session Lineup

    To access CME modules for Biologic Therapies Summit XI, click here.

    Plenary Session: Advances In Basic and Translational Immunology for the Clinical Rheumatologist

    Learning objectives: Critically appraise and integrate clinical data on the efficacy and toxicity of CAR T-cell therapies, cellular therapies and other advanced treatments to identify and propose strategies that could lead to long-term remission or cure of immune-mediated inflammatory diseases. Evaluate IL-17 inhibitors and IL-23 in treating immune-mediated inflammatory diseases. Explore and interpret the latest advances in IL-23 inhibitors for IMiDs and assess their potential for treating other inflammatory conditions.

    Presentations

    “Immune Profiling of Patients With Autoimmune Diseases: Defining Metrics of Immune Dysregulation” — Deepak Rao, MD, PhD

    “New Insights Into the Role of EBV in Autoimmune Diseases” — William Robinson, MD, PhD

    “IL-23 — Advances in Basic and Clinical Immunology” — Christopher Ritchlin, MD, MPH

    “The Evolution of Immune Effector Cell Therapies for the Treatment of Autoimmune Diseases” — Maximilian F. Konig, MD

    Emerging Treatments in IMiDS

    Learning objectives: Describe the process by which “safety signals” emerge. Highlight case studies of where this has gone awry. Recommend solutions for a forward-looking safety agenda. Examine the mechanism of action of JAK inhibitors in modulating immune responses and identify the potential toxicities and adverse effects, particularly infection risks. Critically evaluate emerging therapeutic strategies for difficult-to-treat psoriatic arthritis, rheumatoid arthritis,
    systemic lupus erythematosus and inflammatory myopathies, and propose innovative approaches to optimize patient outcomes based on current advancements.

    Presentations

    “Signal and the Noise: Safety in Rheumatology” — Michael Putman, MD, MSci “PsA” — Christopher Ritchlin, MD, MPH
    “Difficult to Treat RA (D2TRA)” — Jack Cush, MD
    “Emerging Treatments in Lupus Nephritis” — Michelle Petri, MD, MPH
    “Advances in the Treatment of Inflammatory Myopathies” — Rohit Aggarwal, MD, MS

    Developments in the Prevention and Treatment of Complications From Advanced Therapies

    Learning objectives: Investigate and differentiate between infectious complications from biologic therapies and immune-related adverse events associated with checkpoint inhibitor therapies while formulating effective prevention and management strategies.

    Presentations

    “Infectious Complications From Biologic Therapy” — Cassandra Calabrese, DO
    “Immune-Related Adverse Events From Checkpoint Inhibitor Therapy: Targeted Therapies” — Noha Abdelwahab Hassan, MD, PhD
    “Moneyball Rheumatology – Making the Most Out of Our Time and Data for Better Care of Our Patients” — Jack Cush, MD

    Continue Reading

  • Access Denied


    Access Denied

    You don’t have permission to access “http://www.afreximbank.com/central-bank-of-egypt-and-afreximbank-sign-a-memorandum-of-understanding-for-the-establishment-of-a-gold-bank-programme-in-egypt/” on this server.

    Reference #18.a4641102.1767096050.397d53dd

    https://errors.edgesuite.net/18.a4641102.1767096050.397d53dd

    Continue Reading

  • Retail payments hit 2.8 billion transactions worth Rs166 trillion in Q1 FY26: SBP

    Retail payment activity in Pakistan expanded further in the first quarter of FY2025-26, with transaction volumes rising to 2.8 billion, up 10% quarter-on-quarter, and total value increasing 6% to Rs166 trillion, according to the Quarterly Report on Payment Systems released by the State Bank of Pakistan.

    The SBP said the growth was driven mainly by rising adoption of digital channels. Digital payments accounted for 2.5 billion transactions, or 90% of total retail payments, compared with 87% in the same quarter last year. The value of transactions conducted through digital channels reached Rs55 trillion.

    Mobile app-based banking dominated digital payments, recording 2.0 billion transactions worth Rs33.7 trillion, representing 81% of all digital payments. These transactions covered person-to-person transfers, bill payments and merchant payments across both online platforms and physical outlets.

    Internet banking also showed steady growth, while the number of payment cards in circulation increased to 61.3 million. Of these, debit cards accounted for 90%, while credit cards made up 4%.

    The Raast Instant Payment System maintained strong momentum during the quarter. Person-to-person transactions rose 31% to 535 million, with a value of Rs11.3 trillion, while person-to-merchant transactions doubled to 4.3 million, amounting to Rs17 billion. Overall, Raast processed 544 million transactions valued at Rs12.8 trillion.

    Card-based payments at point-of-sale terminals and through e-commerce platforms averaged 1.5 million transactions per day. A network of 20,527 ATMs facilitated 267 million transactions worth Rs4.5 trillion, with each ATM handling an average of 142 transactions per day and an average ticket size of Rs16,800.

    Physical channels continued to support retail payments alongside digital platforms. A total of 19,852 bank branches processed 137 million transactions amounting to Rs110 trillion, while 756,480 branchless banking agents facilitated 129 million over-the-counter transactions worth Rs0.9 trillion.

    The SBP said the figures point to continued progress toward a more efficient and digitally enabled payments ecosystem, with growing reliance on mobile and instant payment platforms while physical channels remain relevant.


    Continue Reading

  • LTA | Joint News Release by the Land Transport Authority (LTA), SMRT & SBS Transit

               The Rail Reliability Taskforce has submitted its recommendations on enhancing the reliability of our rail system to the Acting Minister for Transport.

    2.        The Taskforce was formed on 19 September 2025 to develop and implement immediate solutions to improve rail reliability and joint responses to train service disruptions. The Taskforce is chaired by LTA Chief Executive Ng Lang, and includes SMRT Group Chief Executive Officer Ngien Hoon Ping, SBST Group Chief Executive Officer Jeffrey Sim, as well as technical specialists across the rail sector.

    3.        A five-member Independent Advisory Panel was also appointed to provide strategic advice and technical expertise to the Taskforce. The Panel comprises seasoned leaders who have held key engineering and management roles in the rail sector around the world, with deep experience in the operations, management and maintenance of core rail systems.

    4.        The Taskforce commenced its review with joint technical audits of systems related to the incidents from July to September 2025. It also undertook a comprehensive and in-depth review of rail operations and maintenance – specifically asset management, workforce capabilities, as well as rail service recovery and commuter management.

    5.         As part of its work, the Taskforce conducted detailed technical workshops, site visits, direct ground observations, and interviews with operational and technical staff on the ground. The Independent Advisory Panel visited Singapore from 17 to 21 November 2025, where they reviewed the Taskforce’s preliminary findings, and assessed our operators’ practices, capabilities and incident response strategies. A summary of the Taskforce’s recommendations follows.

    Addressing Recent Service Disruptions

    6.        The train service disruptions from July to September 2025 occurred across different MRT and LRT lines, and involved different systems such as signalling, power and rolling stock. The Taskforce found that while the underlying causes of the incidents were unrelated, there were several areas for improvement. For example, the Taskforce recommends introducing additional backup or bypass systems and procedures to allow train operations to continue or resume more quickly after a minor fault, once the safety of passengers has been ensured.

    Enhancing Asset Management

    7.        The Taskforce recommends prioritising the renewal of three core systems (trains, signalling, and power) and to shorten the time taken to renew these systems. To achieve this, more engineering hours should be set aside, including through full day service closures, to carry out such works expeditiously, efficiently and safely.

    8.        The Taskforce also recommends leveraging technology and data to implement more comprehensive and standardised condition monitoring across our rail network, to allow for more timely interventions on pre-emptive maintenance and replacement of critical components. This complements the Taskforce’s recommendation to improve the management of spare components and parts to ensure that they are available when needed. Robotics and automation could also be deployed more extensively to augment our rail workforce in carrying out maintenance tasks more efficiently.

    Deepening Workforce Capabilities

    9.        The Taskforce recognises that the rail sector needs to continually upgrade its workforce and sustain a pipeline of engineering talent to operate and manage an ageing and expanding network. The Taskforce recommends that LTA and the rail operators work together to strengthen the role of the Singapore Rail Academy in harmonising and raising standards across the board to prepare the rail workforce for future challenges. This would include enhancing the professional certification framework for rail engineers and technicians, by expanding certification coverage to more rail systems and workers. The Taskforce also recommends more structured and frequent staff rotations between LTA and the rail operators to build common perspectives and capabilities.

    Improving Rail Service Recovery and Commuter Management

    10.      Maintaining a high level of rail reliability reduces, but does not eliminate, delays and disruptions, which will still happen from time to time. To improve rail service recovery and commuter management, the Taskforce recommends enhancing standard operating procedures to manage service disruptions on the ground, which will enable quicker and more effective resumption of service after faults. The Taskforce also recommends improving alternative travel options for commuters, as well as adopting a more commuter-centric mindset to guide affected commuters. This includes providing more precise, tailored and real time information on system status and alternative travel routes, as well as better wayfinding on the ground. Beyond the centralised webpage providing the real-time operating status across all rail lines which LTA launched on 13 Dec 2025, the Taskforce recommends developing more tools to provide real-time, journey-specific information to help commuters plan what to do when a disruption occurs.

    11.      Mr Ng Lang, Chairman of the Rail Reliability Taskforce and Chief Executive of LTA said: “The Taskforce’s work comes at an important time as Singapore juggles ageing existing rail lines alongside rapid network expansion. The challenge of operating and maintaining the rail system will only increase as its size and complexity grow. These recommendations will help guide the next steps to be taken to continue strengthening the reliability of our rail network.”

    Continue Reading

  • Meta buys China-founded AI agent Manus – Dawn

    1. Meta buys China-founded AI agent Manus  Dawn
    2. Exclusive | Meta Buys AI Startup Manus for More Than $2 Billion  The Wall Street Journal
    3. Meta to buy Chinese founded startup Manus to boost advanced AI  Reuters
    4. Meta says AI startup Manus to cut China ties after acquisition  Nikkei Asia
    5. Meta just bought Manus, an AI startup everyone has been talking about  TechCrunch

    Continue Reading

  • Q&A: Outgoing Cal State Dominguez Hills President Thomas A. Parham

    Q&A: Outgoing Cal State Dominguez Hills President Thomas A. Parham

    Thomas A. Parham, left, the outgoing president of California State University, Dominguez Hills, chats with students on campus.

    Matt Brown/CSUDH

    Thomas A. Parham’s seven-year stint as president of California State University, Dominguez Hills, is coming to an end.

    During his tenure, the campus made progress in graduating and retaining students, though it fell short of some goals and remained below the average across Cal State. Dominguez Hills established a place on national college rankings for social mobility and student diversity, though enrollment has declined from roughly 18,000 to 15,000 students since 2020. And while new construction and accreditations on campus are a point of pride for Parham, 71, Dominguez Hills is also among Cal State campuses that have enacted difficult budget cuts in recent years, prompting protests from some students and faculty.

    In an interview during his last month leading the university, Parham defended the campus’s achievements. “I don’t have any regret about the job we did, the difference we made, the transformation that we helped engineer on this campus and the lives that we transformed as a result of the work that we put in place,” he said. Dominguez Hills’ performance on measures like graduation rates should be understood in the context of its student body, which includes many first-generation, low-income and historically underrepresented students, Parham said. And he called on California lawmakers to invest more in campuses like his. 

    This interview has been edited for length and clarity.

    Your campus, Dominguez Hills, is among the CSUs where enrollment has taken a dip since the pandemic. Why should students go to college?

    It’s a good question, because if you look at the downturn in enrollments, there’s no single variable that ever accounts for 100% of the variance of explaining any equation.

    One of them is the pipeline in (the Los Angeles Unified School District), which surrounds us, is going down, as are a lot of school districts. People didn’t have as many kids. 

    Second is, in a post-Covid reality, people are rethinking, ‘Do I want to invest my time, given how short life is?’ when they got reminded with all the friends and family that they lost. 

    If you think about employment, the minimum wage jumped to $20 (for fast food and some other workers) and in some places $25-an-hour. You’re paying a kid $25-an-hour – that’s $50,000 a year at a full-time clip. And someone’s got to think, ‘Why do I need to go to school when I can earn $50,000 doing whatever?’ 

    The UCs couldn’t get their international (students) back. So now they’re taking students we used to be able to keep. Now we’re having to compete for students. 

    What’s the value to a student? Number one, we educate students that are much more culturally diverse than normal. And I still believe that education, much like Malcolm X said, is the passport to the future, for tomorrow belongs to those who prepare for today.

    To me, a university education should never be to get a job. Education, for me, is about the cultivation of the human spirit and the human potential. How do I come to explore and understand what I’m really good at? What are my values? What are my interests? 

    CSU has recently unveiled a Student Success Framework to measure the university system’s progress. And that yardstick has to do with things like job placement and your career earnings. Do you feel that that’s appropriate or misguided?

    It’s not at all misguided, because it’s one of the things that the public has an appetite for. The public is looking for the (return on investment, or ROI) question. If you’re in a corporation, your ROI is, what’s my return on investment?

    Well, we have one of the cheapest games in town. Our biggest cost, in fact, is not even tuition and fees. It’s probably the housing supports — what I would encourage folk to look at. 

    But we have the public and our families who look at this as ‘How much is it going to cost me?’ rather than looking at it as ‘What am I prepared to invest in my future?’ Because we know that for a college graduate, their salary differential exponentially is higher across a lifetime, but also the benefits that they get pay off almost immediately in those particular spaces. 

    You co-chaired CSU’s Black Student Success Workgroup, which released a host of recommendations in June 2023. Do you feel that the current federal environment (and the Trump administration’s crackdown on diversity, equity and inclusion) has at all caused CSU to stall in these efforts?

    We are acutely aware of the federal government’s hostility toward anything that looks like it wants to be diverse. Not a surprise to us, but we try to delicately dance, not to skirt the law, but really to be in tune with the law as it is written, and separate out what is someone’s opinion and perspective about what they like and don’t like, versus technically what is legal. 

    For example, they claim, somehow we’re discriminating because we run DEI centers, because we have an affinity center for Black students or women, because we have an LGBT center, or for disabled students, because we have a Latino Center or an Asian-Pacific Islander center.

    Well, discrimination assumes — big assumption — that if you are anything other than connected to that affinity group, that you somehow can’t take advantage of that resource. You can be a white student and walk into a Black resource center. You can be a Latino student and male, and walk into a women’s center. You can be a woman and walk into the Male Success Alliance. There’s nothing that we have that restricts anybody’s engagement in that.

    If we made any modification at all, it is about the language, because sometimes our language might have been more passive, which is ‘We don’t discriminate,’ as opposed to more active, which is ‘We actually invite others to come, take advantage of what it is that we offer.’

    You often quote civil rights leaders and Black intellectuals. You quote Audre Lorde, Frantz Fanon, Fannie Lou Hamer, Martin Luther King, Jr., Carter G. Woodson. Does memorizing those words make them more meaningful to your life’s work?

    They become mantras and symbols of possibility. When I see Fannie Lou Hamer talking about — I’m sick and tired of being sick and tired — it sometimes creates the mood and the ambiance that allows me to kind of move forward. When I see Fanon, which is kind of my daily mantra, say that Each generation, out of relative obscurity, must reach out and seek to fulfill its legacy or betray it — I go to work every day and go to bed every night deciding, have I fulfilled or betrayed the legacy that I’ve been blessed to inherit by my ancestors and my elders? 

    Do you worry that a student today, living in a world where it’s so easy to Google or to go to ChatGPT, will not build that muscle of having the words from the generations who came before them echoing in their head?

    (Martin Luther King, Jr. said) Be careful that the means by which we live does not outpace the ends for which we live. And I always remember that. How prophetic was he to talk about that? And if you look at all the innovations that have happened since then — even in this AI generation and new innovations — we have to be careful that the means by which we live do not outpace the ends for which we live.

    And every strategy has a plus and a minus. Life is always the synthesis of opposites in fruitful harmony. Sometimes your best friend can be your greatest weakness, if it’s used in an inappropriate context, or if the context changes. Our job is to maximize the ability of that new innovative technology to do good and minimize the destructive elements of it that people will use to manipulate and do things that are inappropriate.


    Continue Reading

  • Chinese shares close higher Tuesday – Xinhua

    1. Chinese shares close higher Tuesday  Xinhua
    2. Shanghai stock benchmark dips after nine-day rally  Business Recorder
    3. China Stocks Close Mixed as Investors Assess Military Drill Close to Taiwan; Two Shenzhen Debutants Surge  marketscreener.com
    4. Chinese shares close mixed Monday  Xinhua
    5. A-Share Market Review: The Shanghai Composite Index Achieves a 10-Day Winning Streak! Robotic Concepts Dominate with Widespread Limit-Up Surges.  富途牛牛

    Continue Reading