The FBI is investigating a hacking attack on JPMorgan Chase(JPM) that caused a data breach, according to a U.S. official familiar with the probe.
A U.S. official told CNN the extent of the damage from the attack and where it came from have not yet been determined.
“Companies of our size unfortunately experience cyberattacks nearly every day. We have multiple layers of defense to counteract any threats and constantly monitor fraud levels,” a JPMorgan spokesperson said.
One might be tempted to say that Diane Sawyer’s tenure on the ABC evening newscast “World News” is ending the same way it began: quietly.
Sawyer signed off on Wednesday night, a few days before her successor David Muir will officially take the helm.
“With gratitude for these years, I thank you,” Sawyer said at the end of her broadcast, “and I’ll see you right back here on ABC News very soon.”
ABC and Sawyer have made almost no fuss about her sign-off, seemingly employing the same strategy that worked when she took over for Charles Gibson just a few days before Christmas in 2009. There was no prime time retrospective or farewell tour — merely a tribute segment at the end
As the job market has gotten stronger, lots of companies are competing for the best workers, and that’s pushed more firms to offer bonuses related to performance, according to Ken Abosch, leader of Aon Hewitt’s compensation practice.
A full 91% of companies surveyed this year said they have a variable pay program. Back in 2005, only 78% did.
So what does a bigger bonus budget at a company mean for the average person?
Plenty of companies that do business abroad delay paying big bucks to Uncle Sam by leaving foreign profits abroad, indefinitely. As long as they don’t bring that money back home and reinvest it in the business, they don’t have to pay U.S. tax on it.
Microsoft, for example, said that it lowered its tax bill by $29.6
The United States has exhausted its annual supply of EB-5 immigrant investor visas for the first time in the program’s history following a surge of applications from Chinese nationals.
The State Department’s chief of visa control, Charles Oppenheimer, told lawyers at an industry conference earlier this week that no more spots will be available to Chinese for the rest of the fiscal year, which ends Sept. 30. Several attendees confirmed his comments to CNNMoney.
Known as EB-5, the immigration program offers a green card to any foreigner willing to invest at least $500,000 and create 10 jobs in America.
No more than 10,000 of the visas are allowed every year, and this will mark the first time the quota has been reached since the program’s inception in 1990.
It’s official: The Coolest Cooler is living up to its name.
With nearly 50,000 Kickstarter backers pledging over $10.5 million, the “portable party” cooler is now the highest grossing Kickstarter campaign ever. Late Tuesday night, the Coolest Cooler topped the previous record of $10.2 million, held by the Pebble smartwatch.
Created by Ryan Grepper of Portland, Ore., the Coolest includes features like a blender, waterproof bluetooth speaker, USB charger, cutting board and bottle opener.
“I’m so overjoyed,” said Grepper. “I was overjoyed at day two — I’m so grateful for everyone coming on board.”
This isn’t Coolest’s first time on the Kickstarter block. Grepper unsuccessfully tried to raise $125,000 for similar model In November 2013 (he only earned $100,000),
Elon Musk’s dream to conquer space met with a major setback, when he canceled a plan to launch an Asian satellite that had been scheduled for Wednesday.
The launch of the SpaceX Falcon 9 rocket might be delayed for up to two weeks — and maybe longer, depending on what a troubleshooting investigation finds.
Musk, who founded SpaceX in 2002, made the announcement on his company’s website, “We are not aware of any issue with Falcon 9…. but have decided to review all potential failure modes and contingencies again.”
The launch was originally planned for Tuesday, but was delayed until Wednesday, following a malfunction last Friday that caused an F9 reusable rocket to self-destruct last Friday.
Nearly 300 employers nationwide have already posted jobs, ranging from salespeople to weed police.
Marijuana is now fully legal in two states — Colorado and Washington. It is also legal for medical use in 21 other states, plus the District of Columbia. Despite an unwavering federal prohibition on weed, it’s a quickly growing industry.
The app lets employers post openings. Job seekers can search in