A hacker or hackers claim to have stolen an unreleased film from Walt Disney Co. and threatened to release it online unless the company pays a ransom, Chief Executive Robert Iger told employees.
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Monday, May 15, 2017
Ford Aims to Cut Global Workforce by Roughly 10%
Ford is planning substantial cuts to its global workforce amid CEO Mark Fields’s drive to boost profits and address the auto maker’s sliding stock price, according to people briefed on the plan.
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Berkshire Hathaway Confirms Warren Buffett's Apple, IBM Moves
Berkshire Hathaway sharply increased its holding of Apple and sold some of its stake in International Business Machines in the first quarter, according to a new securities filing.
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Chicago Tribune Owner Makes Bid to Buy Sun-Times
The owner of the Chicago Tribune has made a bid to buy the newspaper’s in-town rival, the Sun-Times, months after successfully rebuffing an offer itself to be swallowed up by national news company Gannett Co.
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International Cyberattack Affects Some Corners of U.S. Health Care
The international cyberattack that swept the globe has had some impact on the U.S. health-care system, as hospital systems scramble to prevent its further spread.
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Cybersecurity Experts' First Task: Find Out How Virus Spread
Government investigators and private cybersecurity firms are trying to find out how a virus managed to spread around the globe over the weekend, which would give them their best chance to identify the mastermind behind the cyberattacks.
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Home Sales Jump to Near-Boom-Era Levels
Home sales in the first quarter hit their fastest pace in a decade, a sign that rising prices and slightly higher mortgage rates haven’t deterred home buyers from rushing into the market.
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