'Need to turn immediately': Hear the pilot's mayday call

Bitcoin hits fresh high

FILE PHOTO: A representation of virtual currency Bitcoin is seen in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Bitcoin continued gaining on Sunday, rising to a fresh high and extending a two-month rally that took its market capitalization above $1 trillion on Friday.

The world’s most popular cryptocurrency rose to a record $58,354, taking its weekly gain to around 20%. It has surged around 100% this year.

Bitcoin’s gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.

Bitcoin hits fresh high

FILE PHOTO: A representation of virtual currency Bitcoin is seen in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Bitcoin continued gaining on Sunday, rising to a fresh high and extending a two-month rally that took its market capitalization above $1 trillion on Friday.

The world’s most popular cryptocurrency rose to a record $58,354, taking its weekly gain to around 20%. It has surged around 100% this year.

Bitcoin’s gains have been fueled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.

Alexandria Ocasio-Cortez Volunteers at Houston Food Bank, Helps Raise More Than $4 Million

On Saturday, Representative Alexandria Ocasio-Cortez volunteered at the Houston Food Bank to help provide aid to Texas residents who’ve been affected by the recent, devastating snowstorm which has impacted the area.

Ocasio-Cortez worked alongside Representatives Sheila Jackson Lee and Sylvia Garcia to help pack boxes of food and supplies for those in need.

Sharing footage from the food bank on Twitter, Ocasio-Cortez wrote, “We hit $3.2 MILLION in Texas relief support last night! One of the places it’s going is the Houston Food Bank. I’m visiting Reps. @JacksonLeeTX18 & @LaCongresista with volunteers to pack meals. The bank REALLY needs helping hands. Can you join a shift?”

She then shared a link to the Houston Food Bank, encouraging volunteers to sign up to help.

How to protect yourself from hackers

New York (CNN Business)Nearly 30,000 Macs world-wide have been infected with mysterious malware, according to researchers at security firm Red Canary.

The malware, which the company calls Silver Sparrow, does not “exhibit the behaviors that we’ve come to expect from the usual adware that so often targets macOS systems,” Tony Lambert, an intelligence analyst at Red Canary wrote.
It’s not clear what the malware’s goal is. Silver Sparrow includes a self-destruct mechanism that appears to have not been used, researchers said. It’s also unclear what would trigger that function.

    Notably, Silver Sparrow contains code that runs natively on Apple’s in-house M1 chip that was released in November, making only the second known malware to do so, according to the news site Ars Technica.
    “Though we haven’t observed Silver Sparrow delivering additional malicious payloads yet, its forward-looking M1 chip compatibility, global reach, relatively high infection rate, and operational maturity suggest Silver Sparrow is a reasonably serious threat,” researchers wrote.

    Silver Sparrow infected Macs in 153 countries as of February 17, with higher concentrations reported in the US, UK, Canada, France and Germany, according to data from Malwarebytes, a website that blocks ransomware attacks.

    CNN fact-checker: Biden lies less than Trump, but he's not perfect

    New York (CNN)Fact-checkers are entering a new era under President Joe Biden’s administration. While Biden isn’t perfect, his claims are “more like a smattering” of false statements compared to “the daily avalanche” that came from former President Donald Trump, CNN’s fact-checker Daniel Dale said on “Reliable Sources.”

    Like most politicians, Biden exaggerates and embellishes at times. Dale said Biden made at least four false statistical claims during a CNN town hall last week on issues including the minimum wage, undocumented immigrants, China’s workforce and the Covid-19 vaccine.
    Politifact editor Angie Holan said the absence of Trump’s voice in daily media “has freed us up to fact-check other things,” including the power outages in Texas.

      Dale has been able to focus on other fact-checking endeavors, too. “There’s still so much nonsense” and misinformation, Dale said. “I’m not going on vacation,” Dale said. “There’s a lot to do.”

      S&P raises New Zealand ratings; says recovery quicker than most advanced economies

      Feb 22 (Reuters) – S&P Global Ratings on Monday raised New Zealand’s foreign and local currency sovereign credit ratings by one notch to ‘AA+/A-1+’ and ‘AAA/A-1+’ respectively, saying that the country is recovering quicker than most advanced economies from the impact of COVID-19.

      “We now believe that the government’s credit metrics can withstand potential damage from negative shocks to the economy”, the rating agency noted bit.ly/2MeHVAw, adding that the country has been able to contain the spread of COVID-19 better than most others.

      'Need to turn immediately': Hear the pilot's mayday call

      (CNN)The Federal Aviation Administration is stepping up inspections of Boeing 777 airplanes equipped with certain Pratt & Whitney PW4000 engines and it’s likely some will be removed from service, according to a statement from FAA Administrator Steve Dickson.

      “We reviewed all available safety data following yesterday’s incident,” Dickson said, referring to the United Airlines flight that was forced to return to Denver International Airport Saturday after it suffered an engine failure shortly after takeoff.
      “Based on the initial information, we concluded that the inspection interval should be stepped up for the hollow fan blades that are unique to this model of engine, used solely on Boeing 777 airplanes,” Dickson said.

        Following the FAA announcement, United Airlines said in a statement that it is “immediately” removing 24 Boeing 777 planes that are powered by Pratt & Whitney 4000 series engines “out of an abundance of caution.”
        The 24 aircrafts are part of the 52 777s in the United fleet. The other 28 remain in storage. The move is voluntary and temporary, United said, and should only disrupt “a small number of customers.”

        This developing story will be updated.