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Economy

Those who didn't pay heed to the Windows XP patch are the ones who have fallen prey to the world's biggest ransomware attack. Brad Smith, Microsoft's president and chief legal officer, said yesterday in a blog post that his company, its customers and the government all share the blame, the report said.
  • Sterling falls to one-week low after Bank of England release

    Economy

    While the Bank said that it may need to raise interest rates before the late 2019 date it said was indicated by market pricing, that timeline was nine months later than that in its February forecasts. Paul Hollingsworth, UK economist at Capital Economics , said the decision "lends some support to our view that interest rates are set to rise sooner" than markets expect.
  • Rue21 files for Chapter 11 bankruptcy as shopping mall stores suffer

    Rue21 files for Chapter 11 bankruptcy as shopping mall stores suffer

    Economy

    The company said it may opt to shutter more stores throughout its case. The company says the restructuring is an important step forward in Rue21's ongoing business transformation into a "more focused and highly performing retailer". The company's filing comes behind several other retailers looking to scale down their debt and store footprint in Chapter 11, amid the heightened pressures on the industry, which include dwindling mall traffic, the rising cost of wages and rent and the increased ...
  • Telefonica among victims of global ransomware attack

    Telefonica among victims of global ransomware attack

    Economy

    He also poured fuel on a long-running debate over how government intelligence services should balance their desire to keep software flaws secret - in order to conduct espionage and cyber warfare - against sharing those flaws with technology companies to better secure the internet.
  • Torch-wielding group protests Confederate statue removal

    Economy

    Like Damigo, numerous demonstrators weren't necessarily Southerners but sympathized with the fight to preserve a history which they say is increasingly under attack by Left-wing ideologues who want to tear down statues, change the names of buildings and rewrite history books to place white people in an unsympathetic and even hostile light.
  • After splitting series in Pittsburgh, Senators hope for more offence at home

    After splitting series in Pittsburgh, Senators hope for more offence at home

    Economy

    But there was nobody that was more vocal about shooting down the "controversy" than Penguins coach Mike Sullivan . Leonard had an MRI on Monday and Popovich had no timetable on when he'd be able to return to action. That is a competitive advantage for us. For the Penguins, that's a huge blow to their lineup. "Because we believe we have a good team and we have a deep team", Sullivan said when asked that very question.
  • Short Interest in F.N.B. Corp (FNB) Drops By 35.1%

    Short Interest in F.N.B. Corp (FNB) Drops By 35.1%

    Economy

    Sales growth past 5 years was measured at 11.70%. They expect $0.24 EPS, up 9.09% or $0.02 from last year's $0.22 per share. Corp (NYSE:FNB). Bancorp Of America Corporation De reported 1.96 million shares. If you are viewing this piece on another publication, it was copied illegally and republished in violation of USA and global trademark & copyright legislation.
  • Penguins even series with 1-0 win on Kessel's goal

    Penguins even series with 1-0 win on Kessel's goal

    Economy

    The 24-year-old Ottawa native opened the scoring in game 1. Instead, the winning goal came off what appeared to be another routine block by the solid Ottawa defence. They lost because they did not score on any one of the whopping five power plays they were given that game. Fleury and his team can now add another plus to those figures.
  • Syria: Rebels storm out as 'safe zones' plan signed

    Economy

    The HNC, in a statement, expressed "its concern about the ambiguity of the Astana agreement which was reached without the Syrian people and lacks safeguards and compliance mechanisms". The Observatory and opposition activist Ahmad al-Masalmeh said four opposition fighters were killed in the southern province of Daraa after they were targeted by government forces.
  • McMaster: Trump Shared 'Wholly Appropriate' Info with Russians, Wasn't Briefed on Sources

    McMaster: Trump Shared 'Wholly Appropriate' Info with Russians, Wasn't Briefed on Sources

    Economy

    Trump tried to explain away the situation in a series of tweets Tuesday morning, writing that he had the " absolute right " to share "facts pertaining to terrorism" with the Russian officials. In a later tweet, Trump took aim at "LEAKERS in the intelligence community", a frequent target of his months-old administration. Lawmakers, meanwhile, said it's disturbing that Trump discussed any intelligence with officials from Russian Federation, a country under investigation by US authorities ...
  • Trump says he had 'absolute right' to share info with Russia

    Trump says he had 'absolute right' to share info with Russia

    Economy

    As President I wanted to share with Russian Federation (at an openly scheduled W.H. meeting) which I have the absolute right to do, facts pertaining. He notes that as president, he has an "absolute right" to do this. The disclosures roiled the administration as it struggled to move past the backlash over Trump's abrupt firing on May 9 of FBI Director James Comey , who was investigating potential ties between Russian Federation and Trump's 2016 presidential campaign.