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Cyberattack Captures Data on U.S. Weapons in Four-Month Assault

Cyberattack Captures Data on U.S. Weapons in Four-Month Assault

A cyberattacker nicknamed “Alf” gained access to an Australian defense contractor’s computers and began a four-month raid that snared data on sophisticated U.S. weapons systems.

Published 8 months ago

HSBC Names John Flint as Chief Executive

HSBC Names John Flint as Chief Executive

HSBC said it has appointed John Flint, its head of retail banking and wealth management, as its new chief executive, replacing Stuart Gulliver, who had said he would leave next year.

Published 8 months ago

Turkey and the West Clash, Pleasing Russia and Iran

Turkey and the West Clash, Pleasing Russia and Iran

The unfolding breakup between Turkey and the U.S. is fueled by increasing frustration on both sides—and is encouraged by countries most interested in such a separation, especially Russia and Iran.

Published 8 months ago

Weinstein Co. Considers Delaying Release of ‘The Current War’

Weinstein Co. Considers Delaying Release of ‘The Current War’

Weinstein Co.’s challenges continued to pile up following the ouster of co-chairman Harvey Weinstein, with the company reassessing plans for future movie releases and one business partner tightening payment terms for routine work.

Published 8 months ago

Five Things to Watch for in Bank Earnings

Five Things to Watch for in Bank Earnings

Bank earnings season kicks off later this week with J.P. Morgan and Citigroup reporting results on Thursday. Here are five things to keep an eye on as the numbers come in.

Published 8 months ago

In Start to Unwinding the Health Law, Trump to Ease Insurance Rules

In Start to Unwinding the Health Law, Trump to Ease Insurance Rules

President Donald Trump is planning to sign an executive order Thursday to initiate the unwinding of the Affordable Care Act, paving the way for sweeping changes to health-insurance regulations by instructing agencies to allow the sale of less-comprehensive health plans to expand.

Published 8 months ago

Beijing Pushes for a Direct Hand in China’s Big Tech Firms

Beijing Pushes for a Direct Hand in China’s Big Tech Firms

The Chinese government is pushing some of its biggest tech companies—including Tencent, Weibo and a unit of Alibaba—to give the state a stake in them and a direct role in corporate decisions.

Published 8 months ago

California Wildfires Continue as Officials Focus on Evacuations, Containing Blaze

California Wildfires Continue as Officials Focus on Evacuations, Containing Blaze

Wildfires across Northern California showed no signs of slowing Wednesday, as emergency workers plucked trapped residents off mountains and knocked on doors before sunrise to urge thousands of people out of their homes.

Published 8 months ago

Trump Says Separate Trade Pacts With Canada, Mexico Could Replace Nafta

Trump Says Separate Trade Pacts With Canada, Mexico Could Replace Nafta

U.S. president says he wants to renegotiate a new trade accord but will terminate it if that’s not possible.

Published 8 months ago

President Trump to Name Kirstjen Nielsen as Homeland Security Secretary

President Trump to Name Kirstjen Nielsen as Homeland Security Secretary

President Donald Trump plans to name cybersecurity expert Kirstjen Nielsen as his next secretary of homeland security, administration officials said, putting a low-profile figure into a critical job after John Kelly was named White House chief of staff.

Published 8 months ago

U.S. Team’s World Cup Elimination Deals Setback to Fox

U.S. Team’s World Cup Elimination Deals Setback to Fox

The failure of the U.S. men’s soccer team to qualify for the 2018 World Cup creates a major headache for 21st Century Fox, which faces the prospect of smaller TV audiences and diminished advertiser interest.

Published 8 months ago

Russia Has Turned Kaspersky Software Into Tool for Spying

Russia Has Turned Kaspersky Software Into Tool for Spying

The Russian government used a popular antivirus software to secretly search computers around the world for classified U.S. government documents and top-secret information, according to current and former U.S. officials with knowledge of the matter.

Published 8 months ago

Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show

Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show

Most Federal Reserve officials believed at their meeting last month that they would likely raise short-term interest rates again this year, though some said their decision would hinge on whether inflation picks up in coming months.

Published 8 months ago

In Historic Change, Boy Scouts to Let Girls in Some Programs

In Historic Change, Boy Scouts to Let Girls in Some Programs

Embracing a historic change, the Boy Scouts of America announced Wednesday plans to admit girls into the Cub Scouts starting next year and to establish a new program for older girls using the same curriculum as the Boy Scouts.

Published 8 months ago

China’s Next Five Years—Squeezing the People to Feed the State

China’s Next Five Years—Squeezing the People to Feed the State

China’s twice-a-decade Communist Party reshuffle this month will hand even more power to President Xi Jinping, whose emerging grand strategy for managing the economy—and avoiding a debt crisis—will shape global asset markets for years to come.

Published 8 months ago