Chinese Superstars Steal New Year Show with First Duet in 20 Years Eric Tucker, That Soon Attracted More Than 500,000 Likes
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For news and information consider- Oil rigs up, gas rigs down If you would like to share news or news organization events, and school ation, please send to - net rig count flat If information with our readers, please news to us includinig your name and [email protected] send the unique stories, business phone number in case more informa- tion is needed. or contact John Robbins 832-280-5815 Jun Gai 281-498-4310 Publisher: Wea H. Lee General Manager: Catherine Lee Editor: John Robbins, Jun Gai Business Manager : Jennifer Lopez Address: 11122 Bellaire Blvd., Houston, TX 77072 Southern Daily News is published by Southern News Group Daily E-mail: [email protected] Inside C5 Monday, February 19 , 2018 | www.today-america.com | Southern News Group Chinese superstars steal new year show with first duet in 20 years Eric Tucker, that soon attracted more than 500,000 likes. BEIJING (Reuters) - Two of China’s most Beijing-born Wong’s icy demeanor famous and well-loved pop stars stole the and eclectic music tastes ranging from show at state television’s annual glitzy, of- syrupy love songs to off-kilter trip-hop ten much mocked marathon show welcom- and Buddhist-infused folktronica have Giant panda ing in the lunar new year on Thursday, sing- made her one of the biggest stars in the cubs play with ing their first public duet in two decades. Chinese speaking world of the last three decorations Traditionally, hundreds of millions gath- decades. during Chinese er around their televisions to watch the Na, who sung at the closing ceremony of Lunar New “CCTV Spring Festival Gala,” a more than the 2008 Beijing Olympics, shot to fame Year of Dog in four-hour showcase of skits, music and in the 1990s with her hit “Conquering” Wolong dance that has been a TV staple since the and has more recently become a staple first edition was broadcast in 1983. of Chinese television singing talent But it was superstars Faye Wong and Na shows. Ying many people tuned in to see this While this year’s show had other holiday, singing an old school-style ballad crowd-pleasers, including wholesome called “Years”, with some online polls Chinese teenyboppers TFBoys for rating their appearance the most eagerly the third year running, China’s ruling anticipated part of the show. Communist Party was always going to While neither spoke to the audience after be present. their performance, fans quickly took to Several songs praised the “New Era”, a Chinese social media in an outpouring of reference to President Xi Jinping’s po- praise, though some said their appearance litical theory about making China even an African actress speaking in was too fleeting. stronger through socialism, cemented But many large cities, including Morning Post said Xi’s corruption Chinese and quoting Xi. “Did you see? This is my mother. Isn’t she since late last year in the party’s consti- Beijing, have heavily restricted crackdown means Beijing’s main The lunar new year of the dog, awesome?” Wong’s singer daughter Leah tution. their use again this year to help jail for top level prisoners is too full which officially starts on Friday, Dou wrote on the Twitter-like Weibo site, Another skit celebrated China’s rela- prevent smog. to allow family members to come is the only holiday of the year for attaching a picture of herself as a baby tionship with Africa, a key part of Xi’s It won’t be a happy holiday for and have a traditional new year many Chinese, and is normally pointing at a photo of her mother, an image Belt and Road initiative, complete with all. meal with inmates. marked by riotous bursts of fire- Hong Kong’s South China works and firecrackers. Backstory: Warren Buffett’s Valentine’s Day on Feb. 14. Greenlight Capital’s David Einhorn Hedge funds are notably hush hush added 13 new positions in consumer surprise for investors about their portfolio holdings. discretionary companies, including NEW YORK (Reuters) - Warren Buffett had a Pharmaceutical Industries Ltd (TEVA.TA). Quarterly disclosures offer a look at stakes in amusement park compa- Valentine’s Day surprise for investors in Teva A regulatory filing with the U.S. Securities and what influential money managers are ny SeaWorld Entertainment Inc Exchange Commission (SEC), known as a 13F, buying and selling. (SEAS.N), photo printing service showed The 13F filings are published on the Shutterfly Inc (SFLY.O) and that SEC’s website 45 days after the end department store Nordstrom Inc. Buffett’s of each quarter. Once they land, the (JWN.N). Berkshire Reuters stocks team in Bangalore Since 13F disclosures come more Hatha- pulls the data into an excel spread- than a month after the end of quarter, way Inc sheet. Working with our investments they may not reflect current positions (BRKa.N) team in New York, they look for at actively traded hedge funds. But, took a quarterly changes in stock holdings for more traditional buy-and-hold stake in as well as new positions. investors like Buffett, the filings shed the generic While holdings in bigger companies a light on investment strategy. drugmak- are headline-worthy, we also watch In addition to Teva, Buffett bought er in the for positions of more than 20 percent more shares of Apple Inc (AAPL.O) fourth in small or mid-cap companies. It in the fourth quarter and sold most quarter is also news when a hedge fund of International Business Machines of 2017. unwinds an important stake. (IBM.N). The news Analyzing what the “smart money” “There is value in tracking 13Fs,” pushed is doing allows us to spot investment says Jennifer Ablan, U.S. Invest- Teva themes and trends. For example, in ments editor. “It’s one the few shares up late 2017 big hedge funds made bets documents we have that details what more than on companies poised to take advan- the Big Money is doing in the stock 10 percent tage of rising wages and prices. market. Monday, Feburary 19, 2018 C2 BUSINESS Oil rigs up, gas rigs down - net rig count flat this week A drilling rig sits on apparently caused when cleaning chemicals ignited, injured a pad site where it will drill three to six By Jordan Blum seven people and left authorities searching for another who was missing wells next to each Texas also stayed flat overall with the Permian dip offset by other at a Chevron The nation’s overall drilling rig activity remained flat small increases in other parts of the state like South Texas’ drilling and hydrau- this week, but that included a jump in oil drilling Eagle Ford shale and the Panhandle’s Granite Wash region. lic fracturing site offset by a drop in natural gas development. The total U.S. rig count is now up to 975 rigs - the highest Wednesday, July 19, Oil drilling activity picked up in a wide range of ar- number in nearly three years. The total U.S. rig count is well 2017 in Midland. eas from Alaska to Oklahoma to the Gulf of Mexico, up from an all-time low of 404 rigs in May 2016. Every year, oil and while the number of rigs in West Texas’ booming Oil drilling currently accounts for 798 rigs of the total. The gas companies spend Permian Basin actually declined by four, according oil rig count last exceeded 800 in April 2015. millions of dollars to weekly data collected by Houston’s Baker Hughes West Texas’ Permian Basin now accounts for 433 which is promoting science, oilfield services firm. more than half of all the nation’s oil rigs. The next most ac- math, engineering Meanwhile, gas-seeking rigs were taken offline in tive area is the Eagle Ford with 70 rigs. Texas is home to 479 and technology in states like Louisiana, West Virginia and Ohio. rigs overall, while Oklahoma is second with 123 rigs. New schools and com- A net total of seven new oil-drilling rigs were added Mexico is next with 85 rigs. munities around the across the country, which was balanced out by the Despite this week’s jump, the oil rig count is down 50 percent world. seven-rig decline in gas activity. from its peak of 1,609 in October 2014, before oil prices An oil rig explosion on a lake north of New Orleans, began plummeting. BNSF to spend $375M to maintain, expand Texas railways By Andrea Rumbaugh 450,000 ties. Among the expansion are already congested, said Scott projects is construction near Conroe Campbell, associate director at Lyon- TBNSF Railway Co. plans to spend to help facilitate train flows between dellBasell Industries, and improve- $375 million in Texas this year. Dallas/Fort Worth and Houston. ments are unlikely to occur before Nearly half of that will be for the The 2018 capital investments planned petrochemical plant projects come maintenance of its rail, ties and in Texas are part of BNSF’s $3.3 online. ballast. The remainder will go to- billion network-wide capital expendi- “The infrastructure that we need is ward expansion projects. Over the ture program announced last month. not there,” he said. “The challenge past five years, BNSF has invested September,” he said. “The damage is how fast can we get that stuff in nearly $1.8 billion to expand and could get even worse as refinery place?” maintain its network in Texas, maintenance season and summer About 350 people attended the eighth according to a news release. gasoline is on the horizon.” annual Harris County International “Texas has more miles of rail than Some manufacturers are concerned Trade and Transportation Conference any other state, with roughly 440 that regional infrastructure won’t be at NRG Center.