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CLR Neurosthenics® launches neurophysiological assessment platform to help prevent sports injuries, optimize performance and improve rehabilitationNissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) — Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis is expected to swear in the new government later Monday. Stock market today: Wall Street mixed at the start of a holiday-shortened week Stock indexes are mixed in afternoon trading on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.6% Monday. Several big technology companies helped support the gains. The Dow Jones Industrial Average slipped 21 points, or 0.1%, and the Nasdaq composite rose 1%. Japanese automakers Honda Motor and Nissan Motor said they are talking about combining in a deal that might also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMÉNEZ, Costa Rica (AP) — A biologist hid 350 audio monitors across Costa Rica’s tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction. Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them WASHINGTON (AP) — The economic and technological rivalry between the U.S. and China has come to the drone market, where Chinese-made flying devices are a dominant player in America. Lawmakers in Washington are seeking to ban new sales of Chinese-made drones, arguing they could be used to spy on Americans and that the low-cost models are hurting the U.S. drone industry. But U.S. users — spanning from police officers to farmers to mappers and filmmakers — have come to rely on Chinese-made drones, especially those by DJI Technology, for their work or lives. Florida has banned Chinese drones in state-funded programs, but also appropriated $25 million to help offset replacement costs.
WWE Top-Selling Superstars Includes Three Surprising NamesA man in his 20s has been airlifted to hospital with head, chest and leg injuries following a horror motorbike crash in Warrawong. Subscribe now for unlimited access . Login or signup to continue reading The motorbike he was riding collided with a car at the intersection of Cowper and King streets about 7.20pm on Tuesday, December 10. Emergency services rushed to the scene with lanes of traffic blocked off for some time after the crash. Paramedics treated the man as he lay on the road, with blood supplies rushed to the crash scene to treat him. He was then put into a waiting ambulance and taken to a rescue helicopter so he could be airlifted to St George Hospital. There has been a string of horror motorbike crashes in the Illawarra in recent months, including an accident in West Wollongong where a 66-year-old man was killed on November 10. On September 20 in Unanderra, a 23-year-old motorcyclist died after a multi-vehicle crash involving a bus, ute and sedan on the Princes Highway. More to come. Nadine Morton covers emergency services and breaking news for the Illawarra Mercury. She takes pride in regional journalism which she believes is crucial to informing our towns and cities. Have a story? Email her at nadine.morton@austcommunitymedia.com.au Nadine Morton covers emergency services and breaking news for the Illawarra Mercury. She takes pride in regional journalism which she believes is crucial to informing our towns and cities. Have a story? Email her at nadine.morton@austcommunitymedia.com.au More from Latest News Newsletters & Alerts DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Find out what's happening in local business. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!CLR Neurosthenics® launches neurophysiological assessment platform to help prevent sports injuries, optimize performance and improve rehabilitationEquity market posts N184bn gain
MILAN, Dec 18 — In a workshop in the Milan suburbs, sculptor Giovanni Calderino completes his latest project — a battered statue from the top of the Italian city’s gothic cathedral, and its gleaming white replacement. Depicting a bearded man wearing a tunic, the marble statue has adorned one of the Duomo’s 135 spires for two centuries. But decades of harsh weather, pollution and the bombings of the Second World War have taken their toll, leaving it discoloured and missing its right hand. The damage to the statue was spotted during the twice-yearly inspections of the cathedral, by the institution that has managed the building for 600 years, the Veneranda Fabbrica del Duomo di Milano. Too fragile to put back, Calderino has created a perfect replica to take its place — the latest of a steady stream of replacements that maintain the splendour of one of Italy’s most famous monuments. Born from a block “For me, a statue is like a child that I see grow day by day. It is fascinating to see it born from a block of marble after months of work,” Calderino told AFP at the workshop, where around 20 stonemasons practise their craft. There are more than 3,400 statues on the Duomo, on which construction began in 1386. They are carved from the dazzling pink-white marble from Candoglia quarry near Lake Maggiore north-west of Milan — and from where Calderino and his colleagues still take marble today. “Candoglia marble is very beautiful, very special, but it is difficult to work on because it has very large calcite grains that can break, so it is fragile,” said Marco Scolari, the geologist in charge of the workshop and quarry. The techniques of the team in Milan would also be recognisable to the craftsmen of old, albeit with some technological help. First, Calderino, 46, makes a rough outline in the marble with his chisel. Then with surgical precision, he sculpts it with a pneumatic hammer, before smoothing it with an abrasive stone. ‘Adopt’ a statue In the small backyard of the workshop, the old statues form a silent crowd, waiting for a new home. Of the around 100 decapitated, disfigured or limbless figures, several have a small white sign around their necks saying “adopt a statue!” For an annual fee of €25,000 (RM117,000) for up to three years, companies can take in one of the Duomo statues — and in doing so, benefit from a tax break, and a little history. Consulting firm Deloitte took in an imposing depiction of biblical hero Samson and the lion he is said to have killed with his bare hands, created in the 17th century by Giovanni Battista Buzzi. Such “adoptions” “bring a little piece of the Duomo into their company”, said Elisa Mantia, the Duomo’s culture and conservation coordinator. Many of them end up in the Duomo Museum, where the statues can be admired close up. — AFP
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