Cybercrime costs are climbing for companies both in the U.S. and overseas amid a slew of high-profile breaches, according to research released Tuesday. A sixth-annual study by the Ponemon Institute pegged the average annual cost of cybercrime per large U.S. company at $15.4 million. That’s up 19 percent from $12.7… Read More
Scientists say your heating bill costs set to PLUMMET. Here’s why…
Good news from scientists and the energy sector. Heating bills should drop up to 25% this winter for U.S. households, thanks to a combination of lower energy prices and warmer weather across most of the country, the U.S. Energy Department said Tuesday. The Energy Department’s annual prediction calls for lower… Read More
Smaller chip bags, bigger profits
Smaller chips and drinks, but bigger profits – That’s the news out of PepsiCo. The company announced that smaller bags of potato chips and drinks that do not have Pepsi printed on them are helping push up their sales. PepsiCo Inc. said Tuesday that snack volume in North America rose… Read More
Hundreds of union thugs attack, two managers forced to flee for their lives
Union activists “protesting” proposed layoffs at Air France had enough talk, and decided to storm the company headquarters during a meeting. Once inside, they zeroed their mob frenzy on two managers, who were forced to run for their lives. After the brutal assault tore the shirts from their bodies, the… Read More
EPA dropped the ball on Volkswagen emission’s fraud… 10 years ago
Another failure of the regulatory agencies designed to protect us was a decade in the making. More than a ten years ago, the U.S. Environmental Protection Agency helped develop a technology that ultimately was used by an independent laboratory to catch Volkswagen’s elaborate cheating on car emissions tests. But EPA… Read More
Ralph Lauren out as CEO of Ralph Lauren
NEW YORK (AP) — Ralph Lauren is handing off his title as CEO of the fashion and home decor empire that he founded nearly 50 years ago. The New York-based company announced Tuesday that Stefan Larsson, the global president of Gap’s thriving low-price Old Navy chain, will take on the… Read More
Trump’s tax plan – What it means for you
Republican presidential front-runner Donald Trump unveiled a tax plan Monday that would cut rates across the board, including totally eliminating taxes on some Americans. The plan, which Trump said would “provide major tax relief for middle-income and for most other Americans,” comes with Trump’s assurances it would not increase the… Read More
Businesses gear up to fight Obama
It’s not over yet. Facing a court-ordered deadline, the Obama administration is preparing to finalize stricter emissions limits on smog-forming pollution linked to asthma and respiratory illness. The move fulfills a long-delayed campaign promise by President Barack Obama, but sets up a fresh confrontation with Republicans already angry about the… Read More
Shell stops Alaska offshore Arctic drilling
ANCHORAGE, Alaska (AP) — Royal Dutch Shell will stop drilling for oil and gas in Arctic waters off Alaska’s coast following disappointing results from an exploratory well backed by billions in investment and years of work. The announcement represents a big change of heart from Shell, which was counting on… Read More
Blasphemy? Ford pick-up trucks no longer made of US steel
DETROIT (AP) — Ford’s Super Duty trucks are getting a new aluminum body, just like their smaller sibling, the Ford F-150 pickup. Ford’s 2017 F-250, F-350 and F-450 trucks sit on a new high-strength steel frame and have aluminum body panels. The materials help shave up to 350 pounds off… Read More