Business

Northrop Grumman to buy aerospace manufacturer Orbital ATK

BZ 062817 Erica Sandoval ATK 01

Northrop Grumman, one of the nation’s largest defense contractors, announced on Monday that...

Business

Fed agency urging corporate cybersecurity upgrades is hacked

SEC Cybersecurity

The federal agency responsible for ensuring that markets function as they should and for protecting investors was hacked last year and the intruders may have used the nonpublic information they obtained to profit illegally. The disclosure arrived two months after a government watchdog said...


Business

US stock indexes edge lower in morning trading; oil falling

Financial Markets Wall Street

U.S. stock indexes edged lower in morning trading Thursday, wiping out modest gains from a day earlier. Investors were sizing up the latest batch of company earnings and deal news. Technology stocks were down the most. Supermarket operators and other consumer-focused stocks also fell. Industrial...


Business

Better to bet with Buffett than against him

(c) 2017, Bloomberg View. Do you want to bet with or against Warren Buffett? That is a simple question. Yet it has surprisingly complex meanings and ramifications. It comes up today because of several seemingly unrelated news items that are actually deeply entwined. The first is a New York Post...


Business

The new Apple TV 4K finally catches up to its competitors

(c) 2017, The Washington Post. Apple is ramping up its push into the living room, making sure that its main vehicle for its entertainment ambitions - the Apple TV - is ready for the future. By adding support for 4K content, Apple joins competitors such as Roku in offering super-high definition...


Business

The Finance 202: What happened to the party of fiscal conservatives?

(c) 2017, The Washington Post. Supply-siders are winning their struggle with deficit hawks over the fiscal soul of the GOP. And it’s not even much of a struggle, as it turns out. In recent days, it has more closely resembled a pantomime, the policymaking equivalent of what the Harlem Globetrotters...


Business

Leaders to tech firms at UN: Remove terror posts in 2 hours

United Nations General Assembly

UNITED NATIONS (AP) — The leaders of Britain, France and Italy are setting an ambitious goal for tech companies to tackle online posts that promote terrorism: Take them down within an hour or two. Convening world and tech leaders Wednesday at the United Nations, British Prime Minister Theresa May...


National

In Alaska town packed with cabs, bootleggers give you a ride

ANCHORAGE, Alaska (AP) — A far-flung Alaska town is known for having streets that are among the most taxi-congested in the U.S. in proportion to the small number of people who call it home. For years, locals knew the cabdrivers as a source for illegal booze in Bethel, which has 58 taxis for its...


Business

Barcelona braces for sustained protests after police raids

(c) 2017, Bloomberg. Barcelona is bracing for ongoing protests after campaigners for Catalan independence scuffled overnight with Spanish police cracking down on plans for a referendum on secession. Thousands of people, mainly retirees and college students, gathered in downtown Barcelona on...


Business

Review: iTunes video upgrade makes the new Apple TV worth it

NEW YORK (AP) — It might seem odd to review the new Apple TV streaming device — one specifically designed to display super-sharp video known as 4K — without actually owning a 4K TV. But in a way, that’s the point. Most people still don’t have 4K TVs, so the new Apple TV model doesn’t offer them...


Business

SEC reveals 2016 hack that breached its filing system

SEC Cybersecurity

NEW YORK (AP) — The Securities and Exchange Commission said Wednesday that a cyber breach of a filing system it uses may have provided the basis for some illegal trading in 2016. In a statement posted on the SEC’s website, Chairman Jay Clayton said a review of the agency’s cybersecurity risk...


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