Trump has however sanctioned a Chinese man and three Chinese companies along with two senior Iranian defense officials for supporting Iran’s ballistic missile program. In a move that has caught many by surprise, U.S. President Donald Trump has extended wide… Read More ›
Regulations & Legal
Dave Lesar to head Haliburton Co once Jeff Miller retires on June 1
Lesar will have to bridge low oil prices with demands for increased profitability. Halliburton Co has disclosed that Jeff Miller will be replacing Dave Lesar, its current CEO who is set to retire on June 1. Lesar has been a… Read More ›
Monte Paschi Fraud Case Sees Deutsche Bank Woes Deepening
Accusations that it was running an international criminal organization at the time must be faced by Deutsche Bank AG, on trial in Milan for allegedly helping Banaca Monte dei Siena SpA conceal losses. The circumstances were aggravated to the charges the German… Read More ›
Capitol Hill witnesses a flurry of activities as the Trump Administration prepares to trigger NAFTA renegotiations
Although Commerce Secretary Wilbur Ross prefers bilateral deals with Mexico and Canada, senate participants have disclosed that things are leaning towards trilateral negotiations. Several members of the Senate Finance Committee have disclosed that the Trump administration aims at keeping the… Read More ›
IEX Group’s Investors’ Exchange will compete with NYSE and NASDAQ
The fact that the NYSE has copied some of IEX’s features show IEX’s threat potential. The SEC has given the New York Stock Exchange the green signal for implementing what is known as a speed bump on one of its… Read More ›
Intelligence sharing pact with U.S. ally at risk
The Washington Post has reported that U.S. President Donald Trump shared intelligence with Russians without first consulting the source who supplied that piece of intelligence thus endangering intelligence sharing ties amongst U.S. allies. Reuters has reported that U.S President Donald… Read More ›
Misrepresentation of data privacy measures by companies likely to attract lawsuits from the FTC
Lawsuits are likely to follow in the wake of the global ransomeware attack. According to legal experts, businesses which failed to update their Microsoft Windows-based operating system, could be sued over lax cyber security practices, although Microsoft Corp by itself… Read More ›
Cyber tech stocks surge in the wake of the WannaCry attack
Investors are focusing on opportunities that the attack has presented for Tech companies. Cyber security experts have found evidence that point to a North Korea link in the WannaCry “ransomware” global cyberattack that has infected 300,000 devices across 150 countries,… Read More ›
Microsoft slams government for its duplicity on vulnerabilities
The attacks stem from a collection of vulnerabilities collected by the NSA, which collected vulnerabilities and created tools to use the exploits for espionage and cyber attack purposes. The vulnerabilities and the tools were released by a hacking group known… Read More ›
EU Wants To Talk US Out Of Banning Laptops From The Cabins Of Transatlantic Flights On Urgent Basis
Alarmed at a proposed expansion of the U.S. ban on in-flight laptops and tablets to include planes from the EU, European governments held urgent talks with the U.S. Department of Homeland Security. Since as many as 65 million people fly… Read More ›