Equifax Chief Executive Steps Down Amid Massive Breach
Equifax announces CEO Richard Smith retires effective Tuesday after a data breach exposing Social Security numbers birth dates and addresses affecting up to 143 million people. Interim CEO Paulino Barros and non exec chairman Mark Feidler assume leadership as investigations loom.
MENTIONED IN THIS ARTICLE
Equifax
Credit Reporting Agency
Richard Smith
Mark Feidler
Paulino Do Rego Barros
Asia Pacific
Smith
Securities and Exchange Commission
Airlines stay resilient amid Irma and Harvey storms
Airline leaders, led by American Airlines CEO Doug Parker, forecast minimal financial impact from Hurricanes Irma and Harvey. Advances in science, technology, and fuel costs support profits as industry passengers rise. Harvey and Irma canceled thousands of flights but overall system remains cash rich.
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Irma
Florida
Washington, D.C
Doug Parker
American Airlines
Houston
Helane Becker
Cowen and Co
South
Texas
United States
Seth Kaplan
Airline Weekly
Yellen Foresees Gradual Rate Hikes Amid Uncertainty
Cleveland Fed Chair Janet Yellen said the Federal Reserve should continue gradual rate increases despite uncertainty about inflation paths. She warned models may be misspecified and labor market strength and inflation expectations could differ from forecasts while expressing openness to adjusting the pace if needed.
MENTIONED IN THIS ARTICLE
Cleveland
Federal Reserve
Fed
Janet Yellen
Central Bank
Yellen
Syngenta settles Minnesota corn contamination suit
Syngenta reached an initial settlement with about 22 000 Minnesota farmers over claims its GMO corn seed polluted crops and triggered Chinese import refusals. The deal, announced in Minneapolis state court, was not disclosed and follows a separate $218 million Kansas verdict amid related lawsuits seeking up to $13 billion from some 350 000 growers.
MENTIONED IN THIS ARTICLE
Syngenta
Minnesota
U.S
Minneapolis
Genta
Kansas
Paul Minehart
China
United States
Viptera
Mike Brock
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Washington Post
Flightaware.com
United Airlines
George Bush Intercontinental
Southwest Airlines
William P. Hobby
Caribbean
Miami International
Hartsfield- Jackson Atlanta International
Aoe
Dreamstine
TNS
Namics
Agribusiness
Bloomberg News
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