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Crude Oil Bearish After EIA Inventory Report


American benchmark West Texas Intermediate declined to $45.31 a barrel, after beginning the day at $47.64 per barrel. OPEC on November 30, 2016 agreed on its first limit on oil output since 2008, a deal supported by some non-OPEC members, including Russian Federation and Oman. Read More »

The Next Ransomware Attack Will Be Worse Than WannaCry

WannaCry is a ransomware that feeds on a particular Windows exploit and encrypts user data until they pay up. Computer security experts said the current attack could have been much worse but for the quick action of a young researcher in Britain who discovered a vulnerability in the ransomware itself, known as WanaCryptor 2.0. Read More »

CREDIT SUISSE: The WannaCry ransomware attack could give Microsoft's stock a boost

In the USA, "the list of victims is very small", a Department of Homeland Security official tells NPR, noting that it's still relatively early in the WannaCry attack. But the vulnerability affected older versions of Windows that Microsoft no longer supports, and there are still many people and organizations that don't regularly patch their systems. Read More »

Trump appealed to Comey to abandon Flynn probe


But there was nothing wrong with that, he insisted. "As president, I wanted to share with Russian Federation (at an openly scheduled WH [White House] meeting) which I have the absolute right to do, facts pertaining ... "Lacking credibility makes dealing with crises infinitely more hard", said Alex Conant, a Republican communications strategist who advised the presidential bid of Florida Sen. Read More »

Trump revelations weighing on global stocks and the dollar

Following the revelation that President Trump asked then-FBI Director James Comey to end the FBI's investigation into former National Security Adviser Michael Flynn's ties to Russian Federation, both Senate and House Democrats are calling into question whether or not Mr. Read More »

FTSE 100 hits all time high as oil prices climb

But predictions by analysts confirmed that this situation would be same for a long time due to increase production of Shell Oil by the producers in the US. Saudi Arabia and Russian Federation said on Monday they agreed on the need for a 1.8 million barrels per day (bpd) crude supply cut to be extended by nine months, until the end of March next year. Read More »

Target reimagines itself and Wall Street likes what it sees


Dodge & Cox bought a new position in shares of Wal-Mart Stores during the fourth quarter valued at approximately $1,503,922,000. With 7.89 million avg volume, 4 days are for Wal Mart Stores Incorporated (NYSE:WMT)'s short sellers to cover WMT's short positions. Read More »

American households are in debt in record numbers


While mortgage loans still account for the vast majority, about $9.1 trillion in the three months through March, a larger portion is made up of other debt, such as student and auto loans, than it was at the time an imploding housing bubble froze credit markets, according to a report from the Federal Reserve Bank of NY. Read More »

WannaCry ransomware cyber-attack is a 'wake-up call', says Microsoft

It said his $11 purchase of the name on Friday may have saved governments and companies around the world millions, slowing its spread before USA -based computers were hit on a massive scale. "Unfortunately, most people don't have them", Abrams says. Russia's central bank said Saturday that no incidents were "compromising the data resources" of Russian banks. Read More »

The Coca-Cola Co (KO) Insider Sells $3813154.00 in Stock


Cascade Investment Advisors Inc. bought a new stake in shares of The Coca-Cola during the fourth quarter worth $128,000. According to the past 12 months report, the income was nearly $6.23B and sales remained $40.70B. Annual Dividend Yield of The Coca-Cola Company (KO ) stands at 3.38%. The Coca-Cola's dividend payout ratio is now 93.33%. COPYRIGHT VIOLATION NOTICE: "The Coca-Cola Target of Unusually High Options Trading (KO)" was reported by Sports Perspectives and is owned by of Sports ... Read More »

Microsoft issues WannaCry security patch for XP, blasts U.S. for 'stockpiling vulnerabilities'

WannaCry has so far spread around business networks via a vulnerability in Windows that most home users will have patched, or will not be at risk from anyway. A Twitter bot tracking payments to Bitcoin wallets set up by Shadow Brokers reveals that dozens of people have paid the amount in Bitcoin. That effort has been successful, but we continue to receive many questions about how this attack happened, what we must do to defend our organizations, and, of course, what's next? First, you'll ... Read More »

Putin Accuses U.S. Of 'Political Schizophrenia' Over Trump And Secrets

McMaster defended Trump, saying later Tuesday that the president hadn't known the source of the information and insisting the conversation had been "wholly appropriate". meeting) which I have the absolute right to do, facts pertaining to terrorism and airline flight safety". "So were going to have a lot of great success over the next coming years and we want to get as many to help fight terrorism as possible and that's one of the handsome things that's happening with Turkey", he said. Read More »

Fed holds key interest rate steady, downplays recent weak economic data


Consumer spending, which accounts for about 70 percent of the USA economy, increased only 0.3 percent in the first quarter, the smallest increase since the fourth quarter of 2009, according to the department. "I don't think this data by itself will derail a June hike", said Vassili Serebriakov, FX strategist at Credit Agricole in NY. The statement, released after the Fed's May meeting, pointed to stronger business investment and downplayed modest growth in household spending. Read More »

Decline in food exports weakens growth in United Kingdom market


The figures show exports to Britain decreased by 1% to €1. 1 billion in March compared with the same month a year ago. Speaking today, An Taoiseach Enda Kenny said, "Following the UK's decision to leave the European Union the Government immediately acted to ensure our Enterprise agencies had additional resources in order to offer all available assistance to our exporters to prepare for the challenges posed by Brexit". Read More »

Ransomware cyber attack hits Bangladesh too, 30 cases reported so far

The ransomware program demanded a payment worth £230 to unlock the affected computers. In what one of the most significant cyberattacks ever recorded, computer systems from the Russia, Brazil and the USA were hit beginning Friday by malicious software that exploited a vulnerability in Microsoft's Windows operating system. Read More »

Trump asked Federal Bureau of Investigation boss to drop Flynn inquiry

Nancy Pelosi, the top Democrat in the House of Representatives, said in a statement that Trump abused his "executive power" and "obstructed justice". Republican and Democratic lawmakers said they wanted to see the memo. Trump fired Comey last week, and the White House said the move was motivated by Comey's handling of an investigation into former US Secretary of State Hillary Clinton's emails. Read More »

Fresh strike action at three train operators set for May 30


A dispute between rail bosses and Southern train drivers has been reignited with a ban on overtime working, according to reports. The union, which represents 1,000 drivers, has reportedly ordered a continuous and indefinite overtime ban which could affect one in four services from Brighton and Hove. Read More »

Ford plans job cuts to boost profits

Then-candidate Donald Trump sharply criticized the automaker during last year's presidential campaign for plans to move small vehicle production out of the Michigan Assembly Plant to a new plant in Mexico. Ford has been hiring steadily since the recession as USA vehicle sales reached record highs. Last week, during the company's annual meeting, a number of shareholders pressed Ford's management about the company's stock price, which has dropped 17% since January to $10.94 per share. Read More »

Return to path of denuclearization: UN to N. Korea

North Korea's official Korean Central News Agency said the country tested a new type of long-range missile "capable of carrying a large-size heavy nuclear warhead". A day before, North Korea fired off a missile that landed in the sea near Russian Federation. "With the missile impacting so close to Russian soil ... Read More »

S&P, Dow set for worst day in eight months on Trump turmoil


Reports that Trump asked Comey to drop an investigation into his former national security adviser started to filter in at the end of the U.S. trading day, meaning the fallout is mostly being felt in Asian trading. Both the Dow and the S&P 500 fell below their 50-day moving average for first time since late April. "It is the ambitiously valued USA equity market which needs watching in respect of the long-term risk outlook", strategists at Morgan Stanley wrote in a note to clients. Read More »

McDonald's expands delivery partnership with UberEats


McDonald's and UberEATS began testing McDelivery in early 2017 in more than 200 restaurants throughout Florida. Uber, meanwhile, has been trying to capitalize on its giant network of drivers to expand delivery services with an " Uber Everything" program. Read More »

Global Driverless Car Market Research Report 2017


The report on the Global Release Paper market is an in-depth study that covers all the aspects of the industry. This Contact Chemical Sensors market study gives the development plans of the Contact Chemical Sensors industry, Contact Chemical Sensors development trends, details of import/export, Contact Chemical Sensors industry supply, and utilization figures. Read More »