Monday, May 15, 2017

Researchers link North Korean hacking group to ransomware outbreak

It's unclear who is responsible for the global cyberattack that targeted around 300,000 machines in 150 countries. Businesses are still reeling from the fallout, and government agencies around the world are investigating.
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Ford gets ready to cut jobs

Ford Motor is making plans to cut about 10% of its global staff, which could mean about 20,000 jobs worldwide, according to a published report.
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Strict North Carolina Voter ID Law Thwarted After Supreme Court Rejects Case

People celebrated at a church in Raleigh on Monday after the Supreme Court declined to hear a case over North Carolina’s voter ID law, leaving in place a lower-court ruling that struck down key parts of the law as an unconstitutional effort to target African-Americans.
by ADAM LIPTAK and MICHAEL WINES via Endless Supplies .Biz - News
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Trump Revealed Highly Classified Intelligence to Russia, in Break With Ally, Officials Say

President Trump met with Sergey V. Lavrov, Russia’s foreign minister, in the White House last week. American journalists were barred, but Russia released photographs.
by MATTHEW ROSENBERG and ERIC SCHMITT via Endless Supplies .Biz - News
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North Korea Missile Test Appears to Tiptoe Over a U.S. Tripwire

Kim Jong-un, North Korea’s leader, inspecting a ballistic missile called the Hwasong-12, the type that was tested on Sunday.
by WILLIAM J. BROAD and DAVID E. SANGER via Endless Supplies .Biz - News
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Syrian Crematory Is Hiding Mass Killings of Prisoners, U.S. Says

A satellite image of what the State Department described as a building in a Syrian prison complex that was modified to support a crematory.
by GARDINER HARRIS, ANNE BARNARD and RICK GLADSTONE via Endless Supplies .Biz - News
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The Fallout From a Global Cyberattack: ‘A Battle We’re Fighting Every Day’

An internet cafe in China. State news outlets said on Monday that about 40,000 institutions had been struck.
by STEVE LOHR and LIZ ALDERMAN via Endless Supplies .Biz - News
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Roger Federer Decides to Skip the French Open

Roger Federer after winning the Australian Open, the first tennis major of the year. He will miss the second major, the French Open.
by CHRISTOPHER CLAREY via Endless Supplies .Biz - News
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Fact-Checking a Mogul’s Claims About Avocado Toast, Millennials and Home Buying

“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” Tim Gurner of Melbourne told Australia’s “60 Minutes.”
by LINDA QIU and DANIEL VICTOR via Endless Supplies .Biz - News
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In Ransomware Attack, Where Does Microsoft’s Responsibility Lie?

Microsoft offices in Midtown Manhattan in February. The company took the unusual step of releasing a security update for versions of Windows that it no longer supports to combat the WannaCry attack.
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Trump to Expand Funding Ban Tied to Abortion Overseas

A patient with malaria at a medical center in Tanzania in 2014. The United States’ expanded anti-abortion policy could disrupt hundreds of clinics in Africa and around the world that fight malaria, AIDS and other diseases.
by GARDINER HARRIS and SOMINI SENGUPTA via Endless Supplies .Biz - News
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Asia and Australia Edition: North Korea, Cyberattack, China: Your Morning Briefing

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Beheadings and Vengeance: A Cycle of Killing on a Border in Kashmir

Relatives and friends carried the coffin of Subedar Paramjit Singh this month in the village of Vein Poin in India. He was beheaded while patrolling the de facto border between India and Pakistan.
by HARI KUMAR and ELLEN BARRY via Endless Supplies .Biz - News
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GLOBAL MARKETS-Asian stocks briefly hit 2-year highs as outlook darkens

HONG KONG, May 16 (Reuters) - Asian stocks briefly climbed to a fresh-two year high on Tuesday on the back of an overnight rise in Wall Street, while oil extended gains after major producers Saudi Arabia and Russia said supply cuts needed to continue into 2018.

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UPDATE 2-Ford to cut North America, Asia salaried workers by 10 pct - source

* Move could put Ford in Trump's firing line (Adds context, background)

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China, Addicted to Bootleg Software, Reels From Ransomware Attack

A PetroChina pump in Beijing. The hacking caused electronic payment systems at gas stations run by the state oil giant to be cut off for much of the weekend.
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Morning News Call - India, May 16

To access the newsletter, click on the link: http://ift.tt/2rkemxt If you would like to receive this newsletter via email, please register at: http://ift.tt/2dgkIqL FACTORS TO WATCH 10:30 am: Railway Minister Suresh Prabhu, Telecom Minister Manoj Sinha at an event in New Delhi. 11:00 am: Civil Aviation Minister P. A. Gajapathi Raju at an event in Mumbai. 11:45 am: Future

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Facebook still accessible in Thailand as govt. deadline passes

BANGKOK, May 16 (Reuters) - The Facebook social media site was still available in Thailand on Tuesday after concerns arose that authorities would shut it down if Facebook did not take down content deemed threatening to national security.

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A Whistle-Blower Tells of Health Insurers Bilking Medicare

Benjamin Poehling, a former finance director at UnitedHealth Group, in Minneapolis. He contends that his company and other insurers have been systematically bilking Medicare Advantage for years.
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Pro-Trump media dismisses bombshell report the president shared classified info

President Donald Trump's allies in conservative media on Monday moved to dismiss or ignore a bombshell Washington Post article, which CNN has confirmed the main points of, reporting that he shared classified information with Russian officials last week.
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METALS-London copper falls, traders cut risk as China growth slows

HONG KONG, May 16 (Reuters) - London copper fell on Tuesday as worries about China's slowing economic growth and tighter capital markets in the world's top metals consumer triggered a wave of risk-off selling in metals.

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REFILE-PRECIOUS-Gold edges up as dollar eases on weak U.S. data

(Corrects typo in first bullet point) May 16 (Reuters) - Gold prices inched higher early on Tuesday, with the dollar easing after weak U.S. manufacturing data dented expectations of an aggressive string of interest rate hikes by the U.S. Federal Reserve. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,231.06 per ounce at 0057 GMT. On Monday, it touched its highest since May 4 at 1,237.26. * U.S. gold futures were up 0.1 percent at $1,230.90 an ounce.

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Japan's Nikkei hits 17-mth high on sagging yen, higher Wall Street

TOKYO, May 16 (Reuters) - Japan's Nikkei share average rose to a 17-month high on Tuesday, drawing support from a sagging yen and Wall Street hitting record highs overnight.

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