Computer meltdown may cost British Airways over $100 million

Computer meltdown may cost British Airways over $100 million

The “major IT systems failure” that grounded thousands of British Airways flights over the weekend could cost the airline more than $100 million. British Airways canceled all Saturday flights from London’s two biggest airports following the tech meltdown. It said the outage was caused by a computer power supply issue. More flights were scrapped on → Read More

Who's having a good 2017? One Chinese tycoon is $10B richer

Who's having a good 2017? One Chinese tycoon is $10B richer

Chinese billionaire warns of real estate ‘bubble’ One Chinese billionaire is making a killing this year from the country’s red hot property market. The net worth of Hui Ka Yan, chairman of real estate developer China Evergrande, has jumped roughly $10 billion since the start of the year to around $21.3 billion, according to a → Read More

A-Rod said to sign on as ABC News contributor

A-Rod said to sign on as ABC News contributor

Alex Rodriguez: Time to say goodbye Alex Rodriguez, the infamous former Yankee player, has just inked a contributor deal with ABC News, a source familiar with the agreement told CNNMoney. The source said A-Rod will make occasional appearances on the ABC shows “Good Morning America,” “World News Tonight,” and “Nightline.” It’s not yet known when → Read More

Trump's first overseas trip: Zero press conferences

Trump's first overseas trip: Zero press conferences

Nine days. Zero news conferences. There’s one thing clear about President Trump’s first trip abroad: He kept the press at arm’s length. “It is unheard of to go overseas for nine days with the President of the United States and have the press corps there … and not take formal questions,” said April Ryan, a → Read More

Most Chipotle restaurants hacked with credit card stealing malware

Most Chipotle restaurants hacked with credit card stealing malware

A cybersecurity attack that hit most Chipotle restaurants allowed hackers to steal credit card information from customers, the burrito chain confirmed. The company first acknowledged the breach on April 25. But a blog post on Friday revealed the kind of malware used in the attack and the restaurants that were affected. The list of attacked → Read More

DHS Secretary: U.S. 'might' expand laptop ban to all international flights

DHS Secretary: U.S. 'might' expand laptop ban to all international flights

Laptop ban — no problem with these gadgets The U.S. could dramatically expand a ban on laptops and e-readers in airplane cabins, Department of Homeland Security Secretary John Kelly said Sunday. Kelly was asked by “Fox News Sunday” host Chris Wallace about whether he would implement a ban that covered all international flights entering or → Read More

Jobs report; ExxonMobil's big meeting; Earnings season winds down

Jobs report; ExxonMobil's big meeting; Earnings season winds down

Unemployment rate at lowest in 10 years 1. Jobs report: On Friday, the Labor Department will reveal how many jobs were added in May. A strong report could bolster the case for another interest rate hike. The Federal Reserve has already said it will likely raise rates in June — a sign it’s confident in → Read More

Uber CEO's mother dies in boating accident: 'Unspeakable tragedy'

Uber CEO's mother dies in boating accident: 'Unspeakable tragedy'

Who Is Travis Kalanick Uber CEO Travis Kalanick’s parents were involved in a boating accident on Friday that killed his mother and left his father badly injured. The company, in a statement on Saturday, called the incident an “unspeakable tragedy” and said that Kalanick’s father remains in a “serious condition.” Kalanick’s mother, Bonnie, was 71. → Read More

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