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US tech firm: Possible cyberattack on Ukraine being prepared

Frank Bajak and Raphael Satter, Associated Press  |  Posted May 23rd - 12:27pm

Network technology company Cisco Systems said Wednesday that a half a million routers had been compromised in preparation for what could be a major cyberattack against Ukraine, raising the specter of large-scale disruption timed to the upcoming Champions League soccer final there.

Makeup artist to disguise witnesses in Mafia boss trial

The Associated Press  |  Posted May 23rd - 12:23pm

Two government witnesses in the trial of former New England Mafia boss Francis "Cadillac Frank" Salemme will be disguised by a "movie-industry" quality makeup artist to protect their identities.

Fed minutes: Gradual rate hikes on track

Martin Crutsinger, Associated Press  |  Posted May 23rd - 12:12pm

Federal Reserve officials earlier this month discussed a number of risks facing the economy, from rising wage pressures to possible harm from administration trade policies. But in the end, officials concluded that the Fed should be on track to keep hiking interest rates gradually.

Wyoming courts tech behind cryptocurrency to entice business

Mead Gruver, Associated Press  |  Posted May 23rd - 12:08pm

Block Chain Gang LLC, Crypto Cowboy, Something Something Blockchain LLC: Based on the names of dozens of new companies registering to set up shop in Wyoming, the state's effort to lure the latest tech craze appears to be paying off.

Trump predicts auto workers will be 'very happy' on NAFTA

Ken Thomas, Associated Press  |  Posted May 23rd - 12:04pm

President Donald Trump predicted Wednesday that U.S. automakers and auto workers would be "very happy" with the outcome of talks over the North American Free Trade Agreement, which have stalled amid a dispute over rules for car production.

Zinke heckled as he pitches government, industry cooperation

Blake Nicholson, Associated Press  |  Posted May 23rd - 12:02pm

Interior Secretary Ryan Zinke faced protests and a heckler Wednesday as he delivered a message of government cooperation at a large energy industry conference in North Dakota.


Comcast v. Disney: a fight for Twenty-First Century Fox

Mae Anderson, Associated Press  |  Posted May 23rd - 11:57am

Comcast and Disney are on the verge of a head-to-head bidding war for Fox's entertainment properties.

The Latest: Premier-designate confirms Italy's place in EU

The Associated Press  |  Posted May 23rd - 11:54am

The Latest on discussions to form a new government in Italy (all times local):

Target's bright spot: robust customer traffic

Anne D'innocenzio, Associated Press  |  Posted May 23rd - 11:49am

Target proved itself one of the few retailers that saw more customers both at its stores and online, though its investment in stores and delivery operations hurt first-quarter profit.

Stocks slip after weak economic data from Europe

Marley Jay, Associated Press  |  Posted May 23rd - 11:48am

U.S. stocks are lower in wobbly trading Wednesday as banks drop along with bond yields. Energy and industrial companies are also down. Investors are concerned about the European economy after a measure of business activity in the region fell to an 18-month low in May. Target is sliding after big investments in its operations cut into its first-quarter profit while Tiffany is soaring after issuing a strong report.

New Jersey OKs $300M annually to rescue nuclear industry

Mike Catalini, Associated Press  |  Posted May 23rd - 11:47am

Legislation that would authorize $300 million annually to rescue New Jersey's nuclear energy industry — a request for financial help made by the state's largest utility company — was signed into law Wednesday.

NYC subway head wants massive overhaul, but cost a concern

The Associated Press  |  Posted May 23rd - 11:43am

The new head of New York City's subways is proposing a massive overhaul, including the replacement of worn-out signals that lead to vexing delays for millions of riders.

Ex-CFO gets prison term for stealing more than $1 million

The Associated Press  |  Posted May 23rd - 11:42am

The former chief financial officer of a New Jersey orthopedic care provider is headed to prison for stealing more than $1 million from the company for his personal use.

Foxconn says no changes planned for Wisconsin project

Scott Bauer, Associated Press  |  Posted May 23rd - 11:42am

Taiwan-based Foxconn Technology Group said Wednesday that it remains committed to its $10 billion Wisconsin manufacturing facility, rejecting a report that it's considering reducing its initial investment by making display screens for smaller electronics, like phones, rather than large screens for televisions.

Uber puts brakes on self-driving car operation in Arizona

The Associated Press  |  Posted May 23rd - 11:40am

Uber is ending its operation of self-driving cars in Arizona more than two months after a woman was struck and killed by one of its vehicles.

On the Money: Credit cards to perfect targeting programs

Ken Sweet, Associated Press  |  Posted May 23rd - 11:24am

Credit card companies are taking the next step in using their points programs to influence what millions of customers buy, going as far as influencing what color blender you might purchase.

Passengers of Honduras plane crash were from US pawn company

The Associated Press  |  Posted May 23rd - 11:20am

A Texas-based pawn shop company has confirmed that four of its executives were aboard a private jet that crashed off the end of the runway in Honduras' capital.

Migrant remittances a big business in cash-starved Venezuela

Christine Armario, Associated Press  |  Posted May 23rd - 11:09am

The giant metal pots in the kitchen of a drab Bogota cafeteria are filled with simple dishes like vegetable rice. But Edgary Granadillo's delicate arrangement of the plates he sets before rushed lunchtime office workers hints at the finer dishes he once served.

Emergency rate hike helps Turkish currency recoup losses

Suzan Fraser, Associated Press  |  Posted May 23rd - 11:09am

Turkey's currency recouped losses Wednesday following an emergency central bank meeting that increased the lending rate by three base points.