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A robust cyber security insurance policy can be tricky to procure, even for the most meticulous wealth management firms. Interest in cyber insurance has surged over the past year following a number of high-profile hackings, including one announced earlier this month involving the U.S. Office of Personnel Management. In response, many industries and the financial services industry in particular, have stepped up their vigilance against cyber crimes.
(Reuters) – Charter Communications Inc formally argued for regulatory approval for its Time Warner Cable Inc and Bright House Networks deals, saying consumers would benefit as Internet services would become cheaper and faster. Charter said in a filing with the Federal Communications Commission (FCC) on Thursday that it would not block or suppress Internet traffic or prioritize content for a fee and that its broadband services would cost less than
By Paul Carsten BEIJING (Reuters) – China’s dominant taxi-hailing app Didi Kuaidi told shareholders on Friday it had three times the number of daily private car trips than Uber Technologies Inc just weeks after its U.S. rival boasted of similar successes in a letter to investors. Didi Kuaidi, which controls 80 percent of China’s private car hailing market and whose parent company is Xiaoju Kuaizhi, last week started to raise
By Paul Carsten and Engen Tham BEIJING/SHANGHAI (Reuters) – China’s No. 2 e-commerce firm JD.com Inc is launching a Chinese consumer credit data system as a joint venture with U.S. credit-scoring technology company ZestFinance, taking on a rival service linked to the larger Alibaba Group Holding Ltd . JD-ZestFinance Gaia, as the joint venture will be known, will use the U.S. firm’s machine learning technology to analyze JD.com’s online shoppers’
Rallying Nike shares lifted the Dow on Friday, but the broader markets wavered as traders fretted over negotiations between Greece and its creditors.
The Supreme Court of the United States ruled on Friday that same-sex couples have the right to marry.
In a wide-ranging interview with Yahoo Finance, Treasury Secretary Lew warns EU politicians that now ‘is not the time for a shock’ that would be sparked by a Greek default, weighs in on the trade bill passed by Congress this week, and more.
Philip Shaw, chief economist at Investec, talks about the possible choices Greece has with its debt problem.
U.S. consumer sentiment jumped in June, according to a survey released on Friday. The University of Michigan’s final June reading on the overall index on consumer sentiment came in at 96.1, up sharply …
German Chancellor Angela Merkel urged Greek Prime Minister Alexis Tsipras on Friday to accept a “generous” offer from his country’s creditors, saying it was now up to Athens to take a step in …
