NotPetya cyberattack disrupts global firms and services
The NotPetya malware spread from Ukraine through MeDoc updates, shocking Fortune 1000 companies and leaving Health systems and law firms with limited services. Notable victims include Merck, FedEx TNT, A P Moller Maersk, with recovery efforts ongoing in Spain, Morocco, India, Brazil, Argentina and Lima. Cargo terminals and ports faced lingering issues in Rotterdam and Los Angeles.
MENTIONED IN THIS ARTICLE
Kennedy
NotPetya
Ukraine
MeDoc
Microsoft
Russia
Germany
United States
Merck & Co
FedEx
TNT
A.P Maersk- Moller
Spain
Morocco
India
Brazil
Argentina
Lima
Peru
Rotterdam
Netherlands
Elizabeth
N.J
Los Angeles
Energy commissions and NEXUS project stall with FERC quorum loss
The departure of Democrat Colette Honorable leaves FERC with a single commissioner, hindering approval of major pipelines including the $2 billion NEXUS project in Ohio and Michigan and other mergers. Trump pushed energy expansion while Ottawa faces delays from the quorum gap noted by industry groups and lawmakers.
MENTIONED IN THIS ARTICLE
Donald Trump
Department of Energy
Washington
Energy Agency
NEXUS
Ohio
Colette Honorable
Federal Energy Regulatory Commission
Cheryl LaFleur
U.S
Trump
Michigan
Pennsylvania
New Jersey
West Virginia
Virginia
North Carolina
Lorain
Medina
FERC
Dena Wiggins
Natural Gas Supply Association
White House
Wiggins
Neil Chatterjee
Robert Powelson
Richard Glick
Senate Energy and Natural Resources Committee
GOP
Senate
Honorable
Senate Energy
Lisa Murkowski
Alaska
Murkowski
David Holt
Consumer Energy Alliance
Berkshire to convert warrants in Bank of America stake
Berkshire Hathaway plans to exercise warrants to buy 700 million Bank of America shares at 7.14 dollars each, lifting Buffett to the bank’s largest shareholder. The move comes as BofA resumes growth after mortgage issues and Fed stress test approval plus a higher 48 cent dividend.
MENTIONED IN THIS ARTICLE
Charlotte
N.C
Warren Buffett
Berkshire Hathaway
Bank of America
Buffett
American International Group
Goldman Sachs
General Electric
Federal Reserve
Market closes with mixed gains as quarter ends
Wall Street ended the quarter with small gains and a mostly flat Nasdaq. The Dow rose 62.60 points to 21,349.63 while the S&P 500 gained 3.71 points to 2,423.41. Nasdaq slipped 3.93 points and Russell 2000 fell 0.84. Energy shares led gains. utilities and tech lagged.
MENTIONED IN THIS ARTICLE
Wall Street
Standard & Poor
Dow Transportation
Dow Utilities
NYSE
S&p
Wilshire
Russell
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Associated Press
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