Western Digital Corp. said hackers got access to an internal database for its online store which contained personal information such as names, addresses and partial credit card details of customers.
The rise of fights among creditors is ultimately a zero-sum game that only benefits lawyers, according to Craig Bergstrom, the chief investment officer of Corbin Capital, which manages around $8.5 billion.
Friday’s staggering rally in the shares of beleaguered regional banks may have a simple explanation: short-covering.
Treasury yields leaped Friday after US employment data for April tamped down expectations that the Federal Reserve will soon reverse this week’s interest-rate increase and as shares in regional banks rebounded.
US consumer borrowing increased in March by more than expected on one of the largest spikes in credit-card balances on record.
Ecuador’s National Assembly should not impeach President Guillermo Lasso, according to a draft report summarizing testimony from initial hearings before the congressional oversight committee.
Oil fell for the third straight week as concerns about softening demand were exacerbated by low trading volumes.
The Canadian dollar is finding renewed strength after a period of consolidation.
The UK will join the US in donating to Brazil’s flagship program to protect the Amazon as President Luiz Inacio Lula da Silva pushes to halt illegal deforestation by 2030.
Rochelle Walensky will step down as director of the US Centers for Disease Control and Prevention at the end of June, an unexpected departure after more than two years leading the agency through an oft-criticized response to the biggest public health crisis in a century.
