Archives for

Bloomberg News

Call it ‘Smunday’: Heinz pushing to make Super Bowl Monday a national holiday

Kraft Heinz Co. is calling an audible, giving its U.S. employees the day off following the Super Bowl, and pushing for the rest of America to declare the day a national holiday. Millions of people call in sick or don’t show up for work the day after the most-watched football game of the year, and

What You Need to Know on this Historic 58th #InaugurationDay

What You Need to Know: Inauguration Day agenda, trivia and more. Kellyanne Conway said that President-elect Donald Trump’s inaugural address will be a “bold, action oriented” speech but one that is also “beautiful for its simplicity.” It’s not an agenda speech. It’s not a State of the Union speech.It’s very bold, action oriented,” she said. “But

Obama Legacy: Record 95 Million Out of Labor Force

Edmund Kozak, Economy shows signs of new life post-election but workforce slide continues. President Obama is on course to end his presidency with a near-historic number of Americans out of the workforce. The labor force participation rate decreased in November from 62.8 percent to 62.7 percent, according to the latest government jobs report, released Friday.

Activists Call for Obama to Free Illegal Aliens Before Donald Trump Assumes Office

Katie McHugh, Activist groups have called on outgoing President Obama to free thousands of illegal aliens in the U.S. trying to claim asylum before President-elect Donald Trump takes office. There are some 4,000 illegal aliens, many of them children, who flocked to the U.S. after leaving Central America, now waiting in detention facilities in Texas and

Putin calls DNC hack public service, denies Russia’s involvement

Russian President Vladimir Putin said Thursday that the hack of the Democratic National Committee’s emails was a public service, but denied that Moscow played any part in the cyberattack. Security experts have suggested that Russian-backed cyber militias were behind the cyberattacks on top Democratic Party groups and the possible breach of Clinton Foundation computers. But

Trump Clinches The Nomination, The Revolution Has Begun

Jeff Crouere,  After his victories on Tuesday, Donald Trump has accumulated more primary votes than any other GOP presidential candidate in history. With 13.4 million votes in this election cycle, Trump garnered over 3 million more than Mitt Romney in 2012 and 1.4 million more than the previous record holder, George W. Bush in 2000.

UglyGorilla Hack of U.S. Utility Exposes Cyberwar Threat

 Somewhere in China, a man typed his user name, “ghost,” and password, “hijack,” and proceeded to rifle the computers of a utility in the Northeastern U.S. He plucked schematics of its pipelines. He copied security-guard patrol memos. He sought access to systems that regulate the flow of natural gas. He cruised channels where keystrokes could

New York’s Table Scraps Belch Methane in De Blasio Plan for Green Power

 Bubbling black liquid churns inside 145-foot-high tanks at the Newtown Creek sewage-treatment plant in Brooklyn. Like robotic stomachs, they burp methane, a byproduct of processed organic waste. New York Mayor Bill de Blasio says gas produced at the facility could heat more than 5,200 homes. To achieve that goal, he’s asking 100,000 households to separate

Federal Agents Seek to Loosen Rules on Hacking Computers

 The top U.S. law-enforcement agency wants to give investigators greater leeway to secretly access suspected criminals’ computers in bunches, not simply one at a time. The Justice Department says the proposal, set to be made public today, is an attempt to keep up with technology that lets people hide identities online. Privacy advocates contend the

First Million-Dollar Drug Near After Prices Double on Dozens of Treatments

 Earl Harford, a retired professor, recently bought a month’s worth of the pills he needs to keep his leukemia at bay. The cost: $7,676, or three times more than when he first began taking the pills in 2001. Over the years, he has paid more than $140,000 from his retirement savings to cover his share

Drug Prices Defy Gravity, Doubling for Dozens of Products

 Earl Harford, a retired professor, recently bought a month’s worth of the pills he needs to keep his leukemia at bay. The cost: $7,676, or three times more than when he first began taking the pills in 2001. Over the years, he has paid more than $140,000 from his retirement savings to cover his share