Author Archives: Lee Heavener

U.S. Senate votes to ban Kaspersky Lab software from government networks

U.S. Senate votes to ban Kaspersky Lab software from government networksThe U.S. Senate on Monday voted to ban Moscow-based cyber security firm Kaspersky Lab’s products from use by the federal government, citing concerns the company may be a pawn of the Kremlin and poses a national security risk. The vote is the latest in a series of setbacks in the United States for Kaspersky Lab, a 20-year-old anti-virus company that reaches 400 million customers globally and has vigorously denied that it conducts espionage on behalf of the Russian government. The vote, which was included as an amendment to an annual defense policy spending bill approved on Monday by the Senate, seeks to codify and expand a decision by the Trump administration last week to order civilian government agencies to purge from their networks any Kaspersky Lab products.

Source: Yahoo Finance

World stocks reach new peak as Fed-focused week begins

World stocks reach new peak as Fed-focused week beginsWorld stocks hit another record high on Monday and the dollar reached an eight-week peak against the yen on expectations the U.S. Federal Reserve will unveil plans this week to trim its bloated balance sheet. With no new actions by North Korea over the weekend, investors pushed Europe’s main share index to a six-week high. MSCI’s broadest index of Asia-Pacific shares outside Japan had earlier risen to heights not visited since late 2007.

Source: Yahoo Finance

Armani, Versace add Italian glitz to London Fashion Week

Armani, Versace add Italian glitz to London Fashion WeekLondon Fashion Week got an injection of Italian glamour Sunday, with Donatella Versace’s Versus and Emporio Armani joining Britain-based designers including Preen and Topshop on the show schedule. Some …

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Hamas Says Ready to Work With Palestinian Authority on Gaza

Hamas Says Ready to Work With Palestinian Authority on GazaThe Gaza Strip’s militant Hamas rulers said they were ready to take key steps meant to allow the reunification of the rival Palestinian governments.

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We just got another sign that Mueller is following the money in the Trump-Russia probe

We just got another sign that Mueller is following the money in the Trump-Russia probeSpecial counsel Robert Mueller, who is spearheading the FBI’s investigation into whether…

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WATCH: Police officers walk over a lady during St. Louis protests

WATCH: Police officers walk over a lady during St. Louis protestsDuring protests in St. Louis, Missouri, following the acquittal of a white former police officer…

Source: Yahoo Finance

Key Equifax executives departing after huge data breach

Key Equifax executives departing after huge data breachNEW YORK (AP) — Equifax announced late Friday that its chief information officer and chief security officer would leave the company immediately, following the enormous breach of 143 million Americans' personal information.

Source: Yahoo Finance

NASA waits for word that Saturn spacecraft met fiery end

NASA waits for word that Saturn spacecraft met fiery endNASA waited for confirmation Friday that the Cassini spacecraft had burned up in the sky over Saturn. Cassini had been put on a course to plunge through Saturn’s atmosphere and vaporize like a meteor at …

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Oracle's profit, cloud growth forecasts drag down shares

Oracle's profit, cloud growth forecasts drag down sharesAnalysts on average were expecting 68 cents per share, according to Thomson Reuters I/B/E/S. Oracle – a late entrant to the cloud market – has been aggressively pushing into the business as more and more clients ditch the costlier software licensing model. “It is natural to expect cloud revenue to decelerate as Oracle grows its cloud revenue off (a) bigger base,” said Wedbush Securities analyst Steve Koenig.

Source: Yahoo Finance

Malaysia fire blocks lone exit to Islamic dormitory; 23 dead

Malaysia fire blocks lone exit to Islamic dormitory; 23 deadMalaysian authorities were investigating the cause of a fire early Thursday that blocked the only exit of an Islamic dormitory on the outskirts of Kuala Lumpur, killing 23 people, most of them teenagers. …

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John McAfee claims bitcoin is headed to $500K

John McAfee claims bitcoin is headed to $500KJohn McAfee, MGT Capital Investments CEO, discusses his bull case for bitcoin.

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Apple unveils new iPhone X and more at product event

Apple unveils new iPhone X and more at product eventThe Dick Tracy watch is finally here, says Edmund Lee, Recode managing editor, weighing in on Apple's newest innovative products, including the iPhone X, the iPhone 8, and upgrades to Apple Watch.

Source: Yahoo Finance

American household income finally topped 1999 peak last year

American household income finally topped 1999 peak last yearIn a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American household only last year finally earned more than it did in 1999. Incomes for …

Source: Yahoo Finance

Exclusive – Toshiba still in talks over chip unit sale one day before deadline: sources

Exclusive - Toshiba still in talks over chip unit sale one day before deadline: sourcesToshiba Corp now favours a group led by Bain Capital LP and SK Hynix Inc to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter said on Tuesday. The Japanese conglomerate, which needs to sell the chip business to plug a huge hole in its finances, had been trying to seal a deal by Wednesday with the Western Digital group but now hopes to reach agreement with the Bain group by next week, said the sources, who declined to be identified as the talks were private. A Toshiba spokesman said the firm could not comment on details of the talks.

Source: Yahoo Finance

Wanted: Volunteer shooters to thin Grand Canyon bison herd

Wanted: Volunteer shooters to thin Grand Canyon bison herdThe National Park Service plans to thin a herd of bison in the Grand Canyon through roundups and by seeking volunteers who are physically fit and proficient with a gun to kill the animals that increasingly …

Source: Yahoo Finance

Goldman Sachs: All of our clients are worried about the same thing

Goldman Sachs: All of our clients are worried about the same thingGoldman Sachs lists 7 reasons why investors are worried about the stock market, but also identifies 2 reasons why the market will be fine.

Source: Yahoo Finance

Death toll rises to 90 as aftershocks rock southern Mexico

Death toll rises to 90 as aftershocks rock southern MexicoLife for many has moved outdoors in the quake-shocked city of Juchitan, where a third of the homes are reported uninhabitable and repeated aftershocks have scared people away from many structures still …

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Russian War Games Aimed at Provoking West, U.K.'s Fallon Says

Russian War Games Aimed at Provoking West, U.K.'s Fallon SaysRussia is testing the West by conducting war games on NATO’s eastern flank in its biggest military exercise in four years, U.K. Defense Secretary Michael Fallon said.

Source: Yahoo Finance

Sloane Stephens beats out Madison Keys at the US Open on Saturday — winning $3.7 million

Sloane Stephens beats out Madison Keys at the US Open on Saturday — winning $3.7 millionThe United States Tennis Association is handing out a total of $50.4 million in prize money at…

Source: Yahoo Finance

Hurricane Irma may plow into a site full of Cold War-era nuclear waste

Hurricane Irma may plow into a site full of Cold War-era nuclear wasteHurricane Irma, or what’s left of it, may plow into the continental US over the weekend. There’s…

Source: Yahoo Finance

Martin Shkreli seeks to overturn part of his conviction

Martin Shkreli seeks to overturn part of his convictionFormer drug company executive Martin Shkreli on Friday asked a judge to throw out part of his criminal conviction, a day after prosecutors sought to have him jailed until his sentencing. In a motion filed in Brooklyn federal court, Shkreli’s lawyers said their client was convicted of conspiring to manipulate the stock price of his old company, Retrophin Inc, after a prosecutor improperly defined a key legal term during closing arguments. The motion does not seek to overturn Shkreli’s conviction on two more serious counts of defrauding investors in his hedge funds.

Source: Yahoo Finance

Ezekiel Elliott suspension: Next stage in legal fight imminent

Ezekiel Elliott suspension: Next stage in legal fight imminentThe ongoing legal battle over Dallas Cowboys running back Ezekiel Elliott’s six-game suspension enters its next stage on Friday, when U.S. District Judge Amos Mazzant is expected to decide whether to issue a temporary stay that would block the NFL’s penalty from taking effect.

Source: Yahoo Finance

It's a 'great thing' to deal with Democrats, Trump now says

It's a 'great thing' to deal with Democrats, Trump now saysFrustrated with his own party’s leaders in Congress, President Donald Trump talked up his suddenly cozier relationship with Democrats on Thursday, raising the prospect of new deals on government spending …

Source: Yahoo Finance

Cyber alert: EU ministers test responses in first computer war game

Cyber alert: EU ministers test responses in first computer war gameBy Robin Emmott TALLINN (Reuters) – European Union defense ministers tested their ability to respond to a potential attack by computer hackers in their first cyber war game on Thursday, based on a simulated attack on one of the bloc’s military missions abroad. In the simulation, hackers sabotaged the EU’s naval mission in the Mediterranean and launched a campaign on social media to discredit the EU operations and provoke protests. Each of the defense ministers tried to contain the crisis over the course of the 90-minute, closed-door exercise in Tallinn that officials sought to make real by creating mock news videos giving updates on an escalating situation.

Source: Yahoo Finance

T-Mobile U.S, to offer free Netflix with family plan

T-Mobile U.S, to offer free Netflix with family planEarlier this year, AT&T Inc (T.N), which is buying Time Warner Inc (TWX.N) for $85.4 billion in an effort to turn itself into a media powerhouse, started including HBO with its Unlimited Plus wireless plan. The company has said such offers are helping with subscriber retention. T-Mobile, the No. 3 U.S. wireless carrier by subscribers, has been taking share from its larger rivals AT&T and Verizon Communications Inc (VZ.N) through cheaper prices and added perks.

Source: Yahoo Finance

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