Global Hackers and Traders Charged in $100 Million Trading Scheme
Federal authorities unsealed indictments against 32 individuals across Ukraine and the United States in a scheme that hacked newswire networks to steal 150,000 press releases about pending corporate announcements. The group allegedly directed insiders and traders to target Marketwired PR Newswire and Business Wire, profiting from illegal trades before news release.Authorities in Newark and Brooklyn pursued criminal and civil actions, with SEC charging 32 defendants.
MENTIONED IN THIS ARTICLE
Wall Street
Bers
Marketwired
PR Newswire Association
Business Wire
Caterpillar
Panera Bread
Newark
New York
Brooklyn
Securities and Exchange Commission
New Jersey US
Paul Fishman
SEC
Mary Jo White
Craig Newman
Patterson Belknap Webb & Tyler LLP
New York City
New Jersey
Ivan Turchynov
Oleksandr Ieremenko
Ukraine
Arkadiy Dubovoy
Igor Dubovoy
Alpharetta
Pavel Dubovoy
Vitaly Korchevsky
Glen Mills
Vladislav Khalupsky
Leonid Momotok
Suwanee
Alexander Garkusha
Cummings and
Buffett rebuffs Mondelez deal amid Kraft Heinz work
Buffett says Kraft Heinz still has much to complete in integration and is not pursuing Mondelez, valued at about 75 billion dollars. Jaguar Land Rover picks Slovakia for a new plant in Nitra, endowing its 36,000 global employees with growth prospects as the plant is slated to open in 2018.
MENTIONED IN THIS ARTICLE
Buffett
Mondelez
Warren Buffett
Kraft Foods
CNBC
Berkshire Hathaway
Kraft Heinz Co
Kraft Heinz
Jaguar
Slovakia
Jaguar Land Rover
U.S
Mexico
Nitra
Ralf Speth
Frontier Airlines ends toll free number to save costs
Frontier Airlines has dropped its toll free 800 number, a move the airline says will save about 160 thousand dollars per month or nearly 2 million dollars annually. Spokesman Jim Faulkner states the change will help keep fares low.
MENTIONED IN THIS ARTICLE
Frontier Airlines
Denver Post
Jim Faulkner
Chinese currency devaluation may hit U S firms with China exposure
China's 1.9 percent yuan devaluation raises worries for Apple Yum Brands Mead Johnson and Wynn Resorts and other firms with large China sales. Goldman Sachs notes 31 percent to 83 percent revenue dependence for several firms while analysts flag potential offset from cheaper production costs and strong brand demand.
MENTIONED IN THIS ARTICLE
U.S
Apple
Tim Cook
China
Americas
Yum
Goldman Sachs
Mead Johnson Nutrition
Tesla
Wynn Resorts
Goldman
Qualcomm
Nvidia
Intel Corp
Adolfo Laurenti
Mesirow Financial
Chicago
Laurenti
Francisco Torralba
Morningstar Investment Management
Skyworks Solutions
SWRS
WYNN
QCOM
Broadcom
BRCM
Micron
NVDA
YUM Brands
Avago Technologies
AVGO
Applied
Texas Instruments
TXN
SanDisk
SNDK
Lam Research
Intel
INTC
MJN
Goldman Sachs Global Investment Research
Weaker yuan could stall Fed rate plans
A surprise currency intervention by China slashed the yuan about 2 percent to the dollar, the largest drop since 1994, potentially delaying or tempering the U.S. Federal Reserve’s planned rate hikes. The weaker yuan could lift the dollar, dampening U.S. growth and corporate profits in China, and heighten calls for caution among Fed policymakers amid global market turbulence.
MENTIONED IN THIS ARTICLE
China
U.S. Federal Reserve
Federal Reserve
U.S
Fed
Wall Street
Donald Luskin
TrendMacro
David Kotok
Cumberland Advisors
Also Mentioned on This Page
Moneyline
ISA
DOW Jones Industrial
USA Today
Marketwatch.com
USA
Caring.com
Saul Trap
Contributing
Adam Shell
Prin Eee
Pelopez, Afrz
Hong Kong
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!