Delta Air Lines outage drags on as feds scrutinize
The Associated Press reports Delta struggled for a fourth day to recover from a worldwide outage caused by a faulty software update. Delta's CEO says it will take another couple of days to return to normal, while the transport secretary vows enforcement of consumer protections. Flights canceled exceed 5,500 globally with Delta accounting for about two thirds of the losses. United and others see improving operations.
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CrowdStrike says many affected machines back in operation
CrowdStrike reports a significant number of the millions of Windows machines that crashed on Friday are now back online as regulators and customers await a fuller explanation. The company had said a defective software update disrupted airlines banks hospitals and other services affecting about 8.5 million devices. Regulators including FTC chair Lina Khan weighed in on system fragility, while House leaders seek CEO George Kurtz testimony on the outage and remediation steps.
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Wall Street edges higher as tech shares rebound
U.S. stock markets closed broadly up on Monday with the S&P 500 rising 1.1 percent, the Dow up 0.3 percent, and the Nasdaq 1.6 percent. Nvidia led gains as Alphabet and Tesla prepare quarterly results, while Biden’s decision not to seek reelection influenced yields and the anticipated political outlook. In other news, Cleveland-Cliffs announced a $150 million West Virginia transformer plant to reopen Weirton, aiding 600 laid-off workers, and U.S. auto safety regulators probe 150,000 Stellantis vehicles over potential power loss and shifting into park.
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