Hacker claims to breach Uber, security researcher says
Uber said Thursday that it reached out to law enforcement after a hacker apparently breached its network. A security engineer…
September 2022
Wall Street falls as FedEx warning adds to market woes
Wall Street closed out the stock market’s worst week in three months with more losses Friday, as a stark warning…
China’s consumer, factory activity improve but still weak
BEIJING (AP) — Chinese consumer spending and factory output edged up in August but still were weak, official data showed…
Germany takes control of 3 Russian-owned oil refineries
BERLIN (AP) — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an…
U.S. SEC’s Crypto Guidelines Push Up Costs For Lenders, Disrupting Projects
By Hannah Lang and Michelle Price WASHINGTON (Reuters) – Banks’ cryptocurrency projects have been upended by U.S. Securities and Exchange…
China’s Property Woes Deepen In Aug As Prices, Sales And Investment Drop
By Liangping Gao and Ryan Woo BEIJING (Reuters) -Woes in China’s property market worsened in August, with official data showing…
China’s Evergrande Starts Mass Production Of First EV Model
SHANGHAI (Reuters) – China Evergrande Group said its electric vehicle (EV)unit started mass production of the Hengchi 5 model at…
China’s Economy Perks Up But Property Crisis Worsens
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s economy showed surprising resilience in August, with faster-than-expected growth in factory…
China’s Property Sector Contracts Further With Prices, Sales Falling
BEIJING (Reuters) -China’s property sector contracted further in August, with falls in home prices, investment and sales, official data showed…
FedEx to close stores, put off hiring as demand slumps
FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought…