The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
An Irish bookmaker was left red faced on Wednesday morning after its decision to pay out early to customers who had bet on a Hillary Clinton victory in the U.S. election proved costly.
In October, Paddy Power paid out £800,000 ($992,528) on a Clinton victory after a series of negative news stories threatened to derail Donald Trump's campaign.
"We're in the business of making predictions and decided to put our neck on the line by paying out early on Hillary Clinton, but boy did we get it wrong," Paddy Power spokesperson Lewis Davey said in a statement Wednesday.
The bookmaker added that it had been hit for more than £4 million ($4.96 million) by punters who'd backed Donald Trump to win.
"We've been well and truly thumped by Trump, with his victory leaving us with the biggest political pay-out in the company's history and some very, very expensive egg on our faces," Davey added.
Undeterred by what many are regarding as a shock result, Paddy Power has started to take bets on a host of "Trump specials".
The bookmaker has priced him at 4/1 to be re-elected come 2020, 20/1 to build a wall spanning "the entirety" of the U.S.-Mexican border, and evens to make Russia his first international visit.