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Monthly Archives: December 2017

North Korean cyberattacks: Facebook, Microsoft stopped actions

Peter Parks | AFP | Getty Images A teacher watches over his students at a computer class Pyongyang, North Korea. Facebook and Microsoft acted last week to disable a number of North Korean cyber actions, White House homeland security adviser Tom Bossert said on Tuesday as the United States publicly …

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We messed up on Walmart, buy it because it can compete with Amazon

Daniel Acker | Bloomberg | Getty Images An employee pushes carts of empty boxes for customer orders at the Jet.com Inc. fulfillment center in Kansas City, Kansas. Wall Street rarely talks about its mistakes, but Citi Research admitted in a note to clients that it messed up with its call …

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Apple gets downgraded because iPhone cycle is ‘in the late innings’

Josh Edelson | AFP | Getty Images Apple CEO Tim Cook speaks during a media event at Apple’s new headquarters where Apple is expected to announce a new iPhone and other products in Cupertino, California on September 12, 2017. The iPhone cycle that drove Apple shares higher this year is …

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US blames North Korea for ‘WannaCry’ cyberattack

AP File photo of students at the Mangyongdae Revolutionary School, in Pyongyang, North Korea, work on computers. The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyberattack that crippled hospitals, banks and other companies across the globe earlier this year. “The attack was widespread and cost …

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Saudi Arabia says it intercepts Houthi missile fired toward Riyadh, no reported damage

Greg Mathieson | Mai | The LIFE Images Collection | Getty Images A file photo of cannisters containing Patriot missiles to intercept missiles fired at Saudi Arabia or its neighboring countries. Saudi air defenses intercepted a ballistic missile fired towards the capital Riyadh on Tuesday but there were no reports …

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Beijing reacts to America First document

Mikhail Svetlov | Getty Images U.S. President Donald Trump and Chinese President Xi Jinping during the plenary session at the G20 Summit on July 7, 2017 in Hamburg, Germany. Cooperation between China and the United States will lead to a win-win outcome for both sides, but confrontation will result in …

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Japan, South Korea urge China to do more to ‘pressure’ North Korea

KCNA | Reuters Members of the People’s Security Council take part an anti-U.S. rally, in this September 23, 2017 photo released by North Korea’s Korean Central News Agency. Japan and South Korea urged China to do more to “pressure” North Korea to end its nuclear and missile programmes, Japanese Foreign …

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The ‘bond vigilantes’ may seize power in 2018 as worldwide debt swells

Bond vigilantes are poised to wrest back power in 2018. For the first time in four years, the U.S., Japanese, euro zone and UK governments will together issue more net debt than their central banks will buy. That gives investors a welcome chance to hold profligates to account. But markets …

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Trump’s actions don’t match his national security rhetoric: Nick Burns

Jim Lo Scalzo | Bloomberg | Getty Images President Donald Trump pauses while speaking during a national security strategy speech at the Ronald Reagan Building in Washington, D.C., U.S., on Monday, Dec. 18, 2017. However, he said Trump has weakened the U.S. position on trade. “He is not seen by …

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