Local governments often share service providers, making many vulnerable at once, and ransomware can be used to mask more targeted activity by nation-states.
DALLAS FED PRESIDENT ROBERT KAPLAN SAYS RISKS TO 2 PERCENT GROWTH FORECAST IS TO THE DOWNSIDE CNBC INTERVIEW.
DALLAS FED PRESIDENT ROBERT KAPLAN SAYS WOULD LIKE TO AVOID TAKING FURTHER ACTION ON RATES.
DALLAS FED PRESIDENT ROBERT KAPLAN SAYS EXPECTATIONS FOR GROWTH ARE ABOUT 2% THIS YEAR- CNBC INTERVIEW.
Aug 22- Buyout firm KKR& Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion, including debt, people familiar with the matter said on Thursday. KKR acquired Epicor from Apax Partners in 2016 for $3.3 billion, including debt. Apax acquired Epicor in 2011, taking it private,...
NEW YORK, Aug 22- Industrious, one of the largest U.S. coworking rivals of We Company's WeWork, said on Thursday it raised $80 million from investors and expects to turn a profit next year. The announcement came a day after Knotel, another large flex-space operator, announced the completion of $400 million in financing. Industrious has now raised just over $220...
*Next: Powell's Jackson Hole speech on Friday. NEW YORK, Aug 21- A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the rising prospect of a global recession. Strong earnings in the United States and the report of talks on a megamerger in European autos triggered gains in stocks, and the...
Aug 21- The Citgo Petroleum board of directors appointed by Venezuela's opposition congress chief was confirmed by a U.S. judge on Wednesday, ending a challenge by former directors loyal to Venezuelan President Nicolas Maduro. Citgo, the eighth-largest U.S. refiner and the most important foreign asset for Venezuela's crisis-stricken economy, has been...
SEATTLE, Aug 20- Boeing Co said on Tuesday it plans to add extra staff and hire "a few hundred" temporary employees at an airport in Washington state where it is storing many grounded 737 MAX jetliners, a key step in its best-case plan for resuming deliveries to airline customers in October. The world's largest planemaker, burning cash as one of the worst crises in its...
WASHINGTON, Aug 21- U.S. and Japanese officials in Tokyo agreed to increase daytime services between Tokyos Haneda Airport and U.S. destinations for two dozen new flights daily, the U.S. Transportation Department said on Wednesday. The department announced earlier this month that American Airlines Group Inc will get flights from Dallas/Fort Worth and Los...
COPENHAGEN, Aug 21- President Donald Trump's proposal for the United States to buy Greenland from Denmark has met with surprise and a sharp rebuff from Copenhagen, with Prime Minister Mette Frederiksen calling the idea "absurd". Greenland is strategically important for the U.S. military and its ballistic missile early-warning system since the shortest route...
*Minutes from Fed's July meeting due at 2:00 p.m. ET. Following closely behind with a 11.4% jump were shares of home improvement chain Lowe's Cos Inc as it joined bigger rival Home Depot Inc in beating profit estimates. "A significant rally will be difficult until traders have clarity on the Fed's policy path," Edward Moya, senior market analyst, at OANDA said.
Aug 21- Wall Street was set to open higher on Wednesday, as investors cheered upbeat earnings from Lowe's and Target, while awaiting minutes from the Federal Reserve's July policy meeting due later in the day. Shares of home improvement chain Lowe's Cos Inc jumped 12.4% in premarket trading as it joined bigger rival Home Depot Inc in beating profit estimates.
BANGKOK, Aug 21- Thai chemicals company Indorama Ventures has committed $1.5 billion of investment in recycling as consumers become more aware of the environmental impact of single-use plastic and regulators push for more recycling, it said on Wednesday. "We are investing $1 billion in recycling over the next five years," Chief Executive Aloke Lohia told...
ODESSA, TEXAS, Aug 21- In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow. "When you have more students, you need more teachers," said Danny Gex, principal at the Odessa school, which was made famous as the home of the Permian Panthers...
WASHINGTON, Aug 20- Subsidized steel rack imports from China have materially harmed U.S. industry, the U.S. International Trade Commission found on Tuesday, locking in the Trump administration's duties on such products in the worsening U.S.- China trade war. The U.S. Commerce Department last month said it had concluded that exporters from China had sold steel...
WASHINGTON, Aug 20- The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor." Last week, Sabre said it planned to close the deal announced in November by Wednesday unless the Justice...
WASHINGTON, Aug 20- The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp's $360 million acquisition of Farelogix Inc, saying in court papers that it was a "dominant firm's attempt to eliminate a disruptive competitor." Last week, Sabre said it planned to close the deal announced in November by Wednesday unless the Justice...
HOUSTON, Aug 20- Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. Houston- based Plains this month proposed charging shippers a 5 cents per barrel fee on its 670,000 barrel-per-day...
Houston- based Plains this month proposed charging shippers a 5 cents per barrel fee on its 670,000 barrel-per-day Cactus II pipeline next April to offset higher construction costs due to the steel tariffs. Plains last year estimated the steel tariff would add $40 million to its costs for the $1.1 billion pipeline, which runs 550 miles from the Permian basin of...
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