Business
Microsoft's President Reflects On Cyberattack, Helping Pirates And The NSA
Security experts have warned that paying the Bitcoin ransom demanded by WannaCry's authors is likely to be pointless. It is a malicious piece of software, and it blocks access to computers until you pay the money. There may have been many losers due to the rapid spread of the WannaCry ransomware, but security companies aren't on that list: Shares in companies that specialize in cybersecurity surged in trading Monday.
Business
United States stock indexes bounce back from slump a day earlier
Most of the sales increase came from Walmart.com, said a spokesman. Revenue was $16 billion, beating the analyst forecast of $15.6 billion. As for the numbers, Walmart said Q1 revenue was $117.54 billion with earnings of $1 per share. The company traded as high as $77.23 and last traded at $77.31, with a volume of 11,335,309 shares traded. Walmart CEO Doug McMillon said the company has worked successfully to combine its digital and physical assets but notes that he wants to scale ...
Business
Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut
Buffett also discussed Berkshire's foray into the airline sector, where it is a top investor in American Airlines Group Inc AAL.O , Delta Air Lines Inc DAL.N , Southwest Airlines Co LUV.N and United Continental Holdings Inc UAL.N to be successful.
Business
Chelsea Manning leaves USA prison seven years after giving secrets to WikiLeaks
He now considers himself to be a woman called Chelsea. The 29-year-old army whistleblower was released from Fort Leavenworth, Kansas, at around 3 a.m. Transgender celebrities such as Caitlyn Jenner and Laverne Cox have become part of the mainstream. Manning was convicted under the Espionage Act, a World War I era law that was meant to stop people from supporting enemies of the US during wartime.
Business
Woman Awarded $100000 In Starbucks Lawsuit
Starbucks had earlier argued in court documents that a judge should dismiss the case, saying that it wasn't the company's fault that the coffee spilled because Mogavero was holding the cup when it spilled. A Starbucks representative testified that the company hears about 80 complaints a month related to loose lids. "We're considering an appeal". Coffee drinkers on the java giant's home turf have their own opinions about the Venti-sized verdict.
Business
Business leaders to Congress: Ignore chaos, focus on taxes
He said that rather than splitting up the big banks, it would focus on "supporting and making sure that community banks and regional banks could grow so we don't' just end up with big banks". Mnuchin reiterated that the administration favored a "21st-century Glass-Steagall", not the original Glass-Steagall. But Mnuchin took a different position Thursday.