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Category : Business (Archive for 2017-09-14) News by Google
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USA TODAY
At Equifax, a Category 5 data breach
USA TODAY
As if it weren't bad enough that Equifax exposed sensitive financial data of nearly half of all Americans to cyber thieves, the credit bureau has bungled just about every attempt to remedy the mess. In an epic breach discovered July 29, hackers got ...

MarketWatch
Dimon calls bitcoin 'a fraud' and may have delivered the biggest blow to the digital currency
MarketWatch
A previous version of this story gave an incorrect day for when bitcoin prices peaked above $5,000. The story has been corrected. Getty Images. Dimon may have just made bitcoin owners feel this small. J.P. Morgan Chase & Co. boss Jamie Dimon just ...

Washington Post
US middle-class incomes reached highest-ever level in 2016, Census Bureau says
Washington Post
The incomes of middle-class Americans rose last year to the highest level ever recorded by the Census Bureau, as poverty declined and the scars of the past decade's Great Recession seemed to finally fade. Median household income rose to $59,039 in ...

NPR
Department Of Transportation Rolls Out New Guidelines For Self-Driving Cars
NPR
The Department of Transportation released its revised guidelines on automated driving systems Tuesday, outlining its recommended — but not mandatory — best practices for companies developing self-driving cars. The first such guidelines released under ...

New York Times
Toshiba Says It Favors Bain Group's Bid for Microchip Business
New York Times
Toshiba's chip-making business is the second-largest producer of flash memory chips used in smartphones. Credit Kim Kyung Hoon/Reuters. TOKYO — A group of investors led by Bain Capital re-emerged as a favorite on Wednesday to buy the world's ...

Washington Post
A Pizza Hut told Irma-fleeing employees they could be punished for skipping shifts
Washington Post
A manager of one Pizza Hut in the path of Hurricane Irma threatened to discipline workers who evacuated for the storm outside of a designated time frame — and the brand has come under fire on social media for the “shameful” policy. A photo began ...

Washington Post
Mnuchin: It might not be possible to reach 15 percent corporate tax rate
Washington Post
NEW YORK — It might not be possible to lower the corporate tax rate from 35 percent to 15 percent as President Trump has hoped, Treasury Secretary Steven Mnuchin said Tuesday. “I don't know if we will be able to achieve that, given the budget issues,” ...

Bloomberg
Seadrill Files for Bankruptcy in Bid to Shrink Debt Load
Bloomberg
Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, filed for bankruptcy protection after working out a deal with almost all its senior lenders to inject $1 billion of new money into the company. Under the proposal, lenders ...

Business Insider
Tesla's Autopilot system is partially to blame for a fatal crash, federal investigators say
Business Insider
The National Transportation Safety Board said Tuesday that aspects of Tesla's Autopilot played a role in a fatal crash involving Joshua Brown, 40, in May 2016. The NTSB, an independent government investigative agency, met on Tuesday to "determine the ...

New York Times
DowDuPont Revises Breakup Plan Opposed by Activist Investors
New York Times
Edward D. Breen, left, chief executive of DowDuPont. The chemicals giant he leads has revised its break-up plans after pressure from activist investors. Credit Chip East/Reuters. DowDuPont, the chemicals giant, said on Tuesday that it would shift the ...

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