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The Mac Pro is expensive. Race cars are expensive. Recording equipment is expensive. Professional cameras are expensive. Professional kitchen stuff is expensive. Professional stuff is expensive.— Stan GORE-aczek (@stanhoraczek) December 10, 2019 257

The California Public Utilities Commission voted Wednesday to open an investigation into pre-emptive power outages that blacked out large parts of the state for much of October as strong winds sparked fears of wildfires.The decision came after hearing from the public on the many hardships the blackouts caused for residents.The state's largest utility, Pacific Gas & Electric Co., initiated multiple rounds of shut-offs and plunged nearly 2-point-5 million people into darkness throughout northern and central California.Some of the outages lasted for several days.PG&E officials insisted on the shut-offs for public safety, but infuriated residents and a parade of public officials.Southern California Edison and San Diego Gas and Electric also shut off power but to far fewer people.The outages raised concerns about whether the utilities properly balanced the need to provide reliable service with public safety and were properly planned and executed.CPUC President Marybel Batjer ordered the investigation last month and the five-member commission gave its approval given the public frustration.The outages were astonishing for a state that is one of the economic powerhouses in the world.People made frantic dashes for cash and gas as businesses watched their goods spoil.Some elderly and disabled people were trapped in their apartments with elevators out of service.PG&E initiated five rounds of blackouts, with the smallest affecting about 30,000 people and the largest affecting nearly 2.5 million.Residents in San Francisco suburbs and in Northern California wine country were without power for days.Bill Johnson, CEO of Pacific Gas & Electric, said the outages were the right call and kept people safe, although a transmission line in Sonoma County that was not powered off malfunctioned minutes before a wildfire erupted last month, forcing about 180 thousand people to evacuate.The company is in bankruptcy and faces 30 billion dollars in liabilities after its equipment was found to have started several deadly wildfires in 2017 and 2018, including the year-old Camp Fire that killed 85 in Paradise. 2142

The Federal Reserve on Wednesday voted to hold interest rates steady and shaved its growth forecast.Fed officials, who gathered in Washington for their two-day policy setting meeting, unanimously recommitted to remain "patient," agreeing to indefinitely stick with an extended pause on rate changes. They signaled that the Fed wouldn't hike rates in 2019.The US economy, while steady, faces a number of risks. In a statement, the Fed's policy-setting Federal Open Market Committee said that the country's labor market "remains strong," but economic activity has "slowed from its solid rate in the fourth quarter," citing sluggish spending by households and reduced business investment.The majority of Fed officials -- 11 total -- now anticipate holding rates steady for the remainder of 2019. Only six participants forecast at least one additional rate hike this year.Last December, the Fed 903

The number of new cases in China has dropped for a second straight day in a virus outbreak that has infected about 45,000 people and killed more than 1,100. While most of the infections have been in China, it has gradually rippled overseas. Thirty-nine new cases were confirmed on a cruise ship quarantined in Japan, bringing the total to 174 on the Diamond Princess. China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to curb the spread of the virus. Traffic remained light in Beijing and many people were still working at home.In an effort to jumpstart the economy, Chinese President Xi Jinping Tuesday promised tax cuts and other aid to industries hurt by the novel coronavirus outbreak.Xi's announcement comes as companies face increasing losses due to the closure of factories, offices, shops and other businesses in the most sweeping anti-disease measures ever imposed. The measures have disrupted travel and other industries. Some businesses are beginning to reopen but many face heavy losses. Xi said Beijing needs to “maintain stable economic operation and social harmony." 1147

The Ohio State University had its application to trademark "The" tentatively denied by the U.S. Trademark Office on Wednesday. "The applied-for mark appears to be used in a merely decorative manner that would be perceived by consumers as having little or no particular source-identifying significance," the Trademark Office concluded. The Trademark Office will allow Ohio State to alter its application to have the trademark request reconsidered. The application submitted in August was to allow OSU to trademark the use of "The" on clothing using standard characters, without claim to any particular font style, size, or color. 640