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Business & Lifestyle

The Capital One data breach: the potential fallout of one of America’s largest banks

Capital One suffered a massive data breach, which affected approximately 100 million Americans; unsurprisingly, they are facing major scrutiny. Lawmakers on the House Oversight Committee sent correspondence to Capital One and Amazon requesting information on the incident. As is the mainstay of modern data breaches, it would appear that getting educated in the ways of data security is low on the priority list. The hacker, a former Amazon Web Services (AWS) employee, has been arrested, and while the suspect, Paige […]

todayAugust 5, 2019 6

vacations weekends Bil Gates
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Business & Lifestyle

COMMENTARY: OK, we’ll bite. Why doesn’t Bill Gates believe we should take vacations and weekends off?

(Heartland Newsfeed) -- I have been reading a MarketWatch article "Bill Gates doesn’t believe that everyone should take vacations and weekends off" and have read it several times over for the past hour. I have to admit I am a bit confused about the deceptive headline alone. Microsoft co-founder and billionaire Bill Gates stated during a conference last weekend that "he didn't really believe in vacations" while building his tech giant from the foundation up. He was essentially stating before […]

todayJune 24, 2019 15

Dow Jones
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Business & Lifestyle

Dow survives early losses to close up 260 points

NEW YORK (UPI) -- The Dow Jones ended with a second consecutive day of gains after a roller coaster session that saw it drop more than 600 points Thursday. At its lowest point of the day, the Dow Jones was down 611 points, before rallying back to close up 260.37, or 1.14 percent, to 23,138.82 at the end of trading. The S&P 500 fell as much as 2.8 percent, while the Nasdaq dropped 3.3 percent, but each closed the day […]

todayDecember 27, 2018 9

q8cnh3
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Business & Lifestyle

Dow Jones soars more than 1,000 points in largest single-day increase

NEW YORK (UPI) -- The Dow Jones Industrial Average soared more than 1,000 points Wednesday for its largest-ever single-day point increase, as stocks rebounded from a historically poor Christmas Eve. The Dow Jones was up 1,086.25 points, or 4.98 percent, at the end of trading, while the S&P 500 rose 4.96 percent and the Nasdaq Composite increased 0.40 percent. Retailers helped lead the charge Wednesday, as shares of Wayfair, Kohl's and Dollar General all rose at more than 7 percent, […]

todayDecember 26, 2018 5

Amazon blockchain
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Business & Lifestyle

Amazon hops on board the blockchain wagon

Blockchain technology is not a new thing, but when corporations announce their usage of the technology, the Internet goes wild. Retail giant Amazon made an announcement last month during their ReInvent conference that they were going to join the blockchain trend by starting two blockchain-oriented ledgers. The announcement was made by Amazon Web Services (AWS) CEO Andrew Jazzy regarding their newest endeavors under the blockchain -- Quantum Ledger Database (QLD) and Amazon Managed Blockchain (AMB). Jazzy admitted that their clients […]

todayDecember 17, 2018 24

Business & Lifestyle

Trump orders examination of USPS operations, finances

WASHINGTON (UPI) -- President Donald Trump has formed a new task force to examine the operations model of the U.S. Postal Service, in view of mounting financial losses. Trump signed an executive order Thursday to form the panel, days after he blasted online retailer Amazon for making the USPS its "delivery boy." The order said a decline in first-class mail volume, coupled with legal mandates that force the USPS to incur substantial and inflexible costs, resulted in a deficit where revenues can no […]

todayApril 13, 2018 6

Capital Area Region

Rauner delivers State of the State address amidst political and fiscal turmoil

Updated February 1, 2018 at 7:30 PM SPRINGFIELD (Heartland Newsfeed) -- With government teeming in political and fiscal turmoil in a contentious election year, Illinois Gov. Bruce Rauner presented his State of the State address before the Illinois General Assembly Wednesday afternoon in a speech lasting slightly over 30 minutes. Rauner addressed the Illinois National Guard and military personnel from the Federal military forces at the beginning of his speech and thanked them for their service, which was met with […]

todayFebruary 1, 2018 8

Business & Lifestyle

Dropbox confidentially files for IPO

SAN FRANCISCO (UPI) -- File-storage company Dropbox confidentially filed for a U.S. initial public offering Thursday, people familiar with the matter said. The company, valued at $10 billion, is expected to make the public offering led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. in the first half of this year, Bloomberg reported. Non-public filings have occurred more often since July, when the U.S. Securities and Exchange Commission began allowing all companies to file early IPO documents confidentially. A total of 26 U.S. […]

todayJanuary 11, 2018 8

Business & Lifestyle

HP recalls computer batteries due to fire and burn hazards

PALO ALTO, Calif. (UPI) -- Hewlett-Packard has recalled 50,000 lithium-ion batteries for notebook computers and mobile workstations, according to a news release. The batteries can overheat and pose fire and burn hazards, according to a statement released Thursday by the United States Consumer Product and Safety Commission. The computer company received eight reports of battery packs overheating, melting or charring, including three reports of property damage totaling $4,500. One incident included a first-degree burn to a person's hand. The batteries include the […]

todayJanuary 6, 2018 2

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