The Cheap Investor

Exclusive-Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens

By Allison Lampert and David Shepardson WASHINGTON (Reuters) -Boeing is asking suppliers to disclose records on Chinese titanium since 2014, according to a letter seen by Reuters, as the U.S. planemaker widens checks for false paperwork used to authenticate the metal used in commercial jets. Regulators said in June they were investigating whether false or…

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US House panel calls on CrowdStrike CEO to testify on outage, Washington Post reports

WASHINGTON (Reuters) – U.S. House of Representatives Homeland Security Committee has called on CrowdStrike CEO George Kurtz to testify about a recent massive global outage, the Washington Post reported on Monday, citing a letter by the congressional panel. CrowdStrike’s glitchy update to its security software crashed computers powered by Microsoft’s Windows operating system, disrupting internet…

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Hollywood donors drop ‘Dembargo’ as celebrities back Harris

By Lisa Richwine, Dawn Chmielewski and Danielle Broadway LOS ANGELES (Reuters) – A Hollywood “Dembargo” on political donations has ended, as key fundraisers and celebrities from rapper Cardi B, Oscar winner Jamie Lee Curtis and TV producer Shonda Rhimes endorsed Kamala Harris as the next Democratic nominee for U.S. president. Relief and excitement spread across…

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Harris quickly consolidates Democratic backing for her White House run

By Trevor Hunnicutt, Nandita Bose and Jeff Mason WASHINGTON (Reuters) -U.S. Vice President Kamala Harris swiftly consolidated Democratic support for her presidential bid on Monday, securing commitments from hundreds of convention delegates, announcing a massive fundraising haul and earning endorsements from top party figures after President Joe Biden abruptly left the race. Former Speaker Nancy…

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Wall Street falters, CrowdStrike slumps on global tech outage

By Lisa Pauline Mattackal and Ankika Biswas (Reuters) – Wall Street’s main indexes slipped on Friday, deepening a sell-off driven by tech stocks and mixed earnings, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike’s shares. Cybersecurity firm CrowdStrike slumped 9.3% after an update to one of its products appeared…

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Factbox-What disruptions have been reported after the global tech outage?

(Reuters) -A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES, AIRPORTS Airports and airlines around the globe have warned of delays and cancellations or…

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