The Cauchy problem for the barotropic compressible Navier--Stokes equations on the whole two-dimensional space with vacuum as far field density is considered. When the shear viscosity is a positive constant and the bulk one is a power function of density with the power bigger than four-thirds, the global existence and uniqueness of strong and classical solutions is established. It should be remarked that there are no restrictions on the size of the data.

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We give the formulation of a Riemannian Newton algorithm for solving a class of nonlinear eigenvalue problems by minimizing a total energy function subject to the orthogonality constraint. Under some mild assumptions, we establish the global and quadratic convergence of the proposed method. Moreover, the positive definiteness condition of the Riemannian Hessian of the total energy function at a solution is derived. Some numerical tests are reported to illustrate the efficiency of the proposed method for solving large-scale problems.

This paper is concerned with an optimal strategy for simultaneously trading of a pair of stocks. The idea of pairs trading is to monitor their price movements and compare their relative strength over time. A pairs trade is triggered by their prices divergence and consists of a pair of positions to short the strong stock and to long the weak one. Such a strategy bets on the reversal of their price strengths. From the viewpoint of technical tractability, typical pairs-trading models usually assume a difference of the stock prices satisfies a mean-reversion equation. In this paper, we consider the optimal pairs-trading problem by allowing the stock prices to follow general geometric Brownian motions. The objective is to trade the pairs over time to maximize an overall return with a fixed commission cost for each transaction. The optimal policy is characterized by threshold curves obtained by solving the associated HJB equations. Numerical examples are included to demonstrate the dependence of our trading rules on various parameters and to illustrate how to implement the results in practice.

Traditional point cloud registration methods require large overlap between scans, which imposes strict constraints on data acquisition. To facilitate registration, users have to carefully position scanners to ensure sufficient overlap. In this work, we propose to use high-level structural information (i.e., plane/line features and their inter-relationship) for registration, which is capable of registering point clouds with small overlap, allowing more freedom in data acquisition. We design a novel plane/linebased descriptor dedicated to establishing structure level correspondences between point clouds. Based on this descriptor, we propose a simple but effective registration algorithm. We also provide a dataset of real-world scenes containing a larger number of scans with a wide range of overlap. Experiments and comparisons with state-of-the-art methods on various datasets reveal that our method is superior to existing techniques. Though the proposed algorithm outperforms state-of-the-art methods on the most challenging dataset, the point cloud registration problem is still far from being solved, leaving significant room for improvement and future work.