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By Sarah N. Lynch and Joseph Menn WASHINGTON/SAN FRANCISCO (Reuters) – U.S. securities regulators are investigating a group of hackers suspected of breaking into corporate email accounts to steal information to trade on, such as confidential details about mergers, according to people familiar with the matter. The Securities and Exchange Commission has asked at least eight listed companies to provide details of their data breaches, one of the people said.
It is up to the United States to create conditions to resume regular talks on cyber security, China’s foreign ministry said on Tuesday, as the two countries began three days of high-level meetings in Washington. Cyber security has long been an irritant in relations between China and the United States, despite robust economic ties, worth $590 billion in two-way trade last year. An attack on the U.S. government’s Office of
The agency that houses the U.S. Constitution and other important historical documents has found signs of unauthorized computer activity similar to the recently disclosed hack of federal employment records, according to a report on federal technology publication nextgov.com. The National Archives and Records Administration found signs that files were moved around, although there was no evidence that hackers took administrative control of its computer systems, nextgov.com said in its report
By Euan Rocha WATERLOO, Ontario (Reuters) – BlackBerry Ltd shares fell on Tuesday on uncertainty about what drove growth in the company’s crucial software segment in the first quarter. Shares were off 1.1 percent after jumping in premarket trading as BlackBerry earnings report touted a 150 percent increase in software and licensing revenues. BlackBerry said two licensing deals, with Cisco Systems Inc and a second, unnamed company, made “significant contributions,”
US-based researchers have created a robot that can use its body shape to move through a densely cluttered environment. The team from the University of California, Berkeley based the robot on the humble cockroach and hope their design could be used to inspire future robot designs for use in monitoring the environment and search and rescue operations. The Berkeley team, led by postdoctoral researcher Chen Li, designed the shell so
European equities were trading higher Tuesday as the countdown to a potential debt deal between Greece and its creditors begins.
The Fed governor said he sees conditions for an interest rate liftoff as soon as September, and an additional increase in December.
Greece, China, U.S. economic data and technical conditions are all feeding into the market action – but it’s unclear how much or for how long.
A gauge of U.S. business investment spending plans rose in May, offering a tentative sign of stabilization in the manufacturing sector after activity started weakening in the late summer of 2014. Manufacturing is lagging other economic data, including retail sales and housing, which have rebounded after hitting a soft patch at the start of the year. The Commerce Department said on Tuesday non-defense capital goods orders excluding aircraft, a closely
Christopher Whalen, senior managing director at Kroll Bond Rating Agency, says the Fed’s policy of near-zero interest rates created substantial bubbles in sectors such as housing.
