Weekly News

For news today, a holiday worth traveling across the country for, the highest mountain in the worlds recent shrinking, and DOW reaches a milestone.

Chinese New Year Kicks Off

On Saturday, January 28, Chinese New Year will begin. There is a new animal of the Chinese Zodiac for each year. This year is The Year of the Rooster. There are twelve Chinese Zodiac animals. The signs are: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, then finally Pig. According to Chinese folklore, the cat did not make it due to Rat. It is said this is why cats always chase rats. Over six million people leave from countries abroad, and many more people travel across China to make it home, even for just one day during the largest human migration.

 

DOW Hits 20,000

What do Apple, McDonald’s, Nike, and Walt Disney have in common? They are all part of the DOW, which recently reached 20,000 for their 30 companies. The 30 stocks in the DOW order dictate the entire stock market price. DOW is short for Dow Jones. The company was founded in 1896 by Charles Dow, Edward T. Jones, and Charles Bergstresser. These three also founded the Wall Street Journal. What if it was the Dow Jones Bergstresser? Well, Charles Bergstresser did as much work as Dow and Jones, but was a “silent partner”. A researcher says that the name Dow Jones Bergstresser and Company would not have been a big hit, like Dow Jones is now.

Mount Everest Is Shrinking

Many countries, such as Nepal and India want to lead expeditions up the mountain on the border of China and Nepal. Why do they want to lead such a dangerous expedition? To find out the height of the mountain. It was measured many years ago at 29,029 feet by the Indian government. Now, researchers say that it might have shrunk a few feet due to the magnitudes 8.1 and 7.3 earthquakes that hit in 2015. The project would cost about $800,000. Some people say the earthquake moved the Himalayan tectonic plate.

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