Business
TMX Group posts Q1 profit of $37.8 million; revenues of $172.2 million
TORONTO - TMX Group Limited (TSX:X) has reported a first-quarter net profit attributable to shareholders of $37.8 million.
Hess to split roles of CEO and chairman in tussle with Elliot Management
NEW YORK, N.Y. - After a tussle with major shareholder Elliott Management, the New York energy company Hess is splitting the roles of chairman and CEO.
Dollar rises above 100 yen for 1st time in 4 years on US economy hopes, Japan monetary easing
TOKYO - The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan's sluggish economy and improved U.S. economic figures.
Sophisticated network of global thieves drain cash machines in 27 countries of $45m
NEW YORK, N.Y. - The sophistication of a global network of thieves who drained cash machines around the globe of an astonishing $45 million in mere hours sent ripples through the security world, not merely for the size of the operation and ease with which it was carried out, but also for the threat that more such thefts may be in store.
Anatomy of a global cyber bank theft: How the worldwide gang of ATM thieves did it
Prosecutors say global hackers stole $45 million (€34.24 million) in cash from 27 countries using thousands of ATMs in two separate assaults. In one, on Dec. 22, hackers grabbed $5 million from 20 countries. On Feb. 19, they made off with $40 million in 24 countries worldwide. Seven people were indicted in New York.
Death toll from factory collapse in Bangladesh passes 1,000 as recovery operation continues
DHAKA, Bangladesh - The death toll from a garment factory building that collapsed more than two weeks ago near the Bangladeshi capital soared past 1,000 on Friday, with no end in sight to the stream of bodies being pulled from the wreckage of the worst-ever garment industry disaster.
Dollar rises above 100 yen for 1st time in 4 years as Japan pushes ahead with monetary easing
TOKYO - The dollar rose above 100 yen for the first time in more than four years Friday as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves to help revive Japan's moribund economy.
Death toll from factory collapse in Bangladesh passes 1,000
DHAKA, Bangladesh - The death toll from a garment factory building that collapsed more than two weeks ago outside the Bangladeshi capital soared past 1,000 on Friday, while the list of the dead from a fresh fire at a sweater manufacturer showed the entanglement of the industry and top Bangladeshi officials.
Speedy gang stole $45M worldwide through ATMs after hacking into prepaid debit cards, feds say
NEW YORK, N.Y. - A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday - and outmoded U.S. card technology may be partly to blame.
Speedy gang stole $45M worldwide through ATMs after hacking into prepaid debit cards, feds say
NEW YORK, N.Y. - A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday - and outmoded U.S. card technology may be partly to blame.
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