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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Asian stocks gain after Chinese assurances over slowdown

    SINGAPORE (AP) — Asian markets were mostly higher Monday as Chinese benchmarks rallied after officials put a positive spin on the country’s slowing economy. KEEPING SCORE: The Shanghai Composite index jumped 4.2 percent to 2,656.87 and the Hang Seng in Hong Kong surged 2.4 percent to 267,178.16. Japan’s Nikkei 225 index reversed early losses, gaining […]
  • Cybersecurity pioneer Wysopal on startup lessons

    Chris Wysopal was in his early 30s when he and his cohorts from the Boston hacker collective pals L0pht formed the early cybersecurity firm @stake. In 2006, after Symantec bought the company, Wysopal co-founded Veracode. Last year, CA Technologies acquired his 700-employee company. The Associated Press recently interviewed Wysopal, who is 52 and remains chief […]
  • Cybersecurity ‘Paul Revere’ touts adversarial model

    BURLINGTON, Mass. (AP) — Chris Wysopal and his Boston hacker collective pals from the L0pht sounded the alarm on the sad state of software vulnerability in a now-legendary 1998 appearance before Congress. Then-Sen. Joe Lieberman hailed the group as “modern-day Paul Reveres.” Wysopal remains active in cybersecurity today as chief technology officer of Veracode, now […]
  • Chinese broadens its propaganda drive to heartland America

    OMAHA, Neb. (AP) — China’s propaganda machine has taken aim at American soybean farmers as part of its high-stakes trade war with the Trump administration. The publication last month of a four-page advertising section in the Des Moines Register opened a new battle line in China’s effort to break the administration’s resolve. U.S. farmers are […]
  • Chinese broadens its propaganda drive to heartland America

    OMAHA, Neb. (AP) — China’s propaganda machine has taken aim at American soybean farmers as part of its high-stakes trade war with the Trump administration. The publication last month of a four-page advertising section in the Des Moines Register opened a new battle line in China’s effort to break the administration’s resolve. U.S. farmers are […]
  • Business Highlights

    ___ China’s growth slows as officials try to reassure investors BEIJING (AP) — China’s economic growth has sunk to a post-global crisis low as officials launch a media blitz to reassure investors about its sagging stock market. Growth declined to 6.5 percent over a year earlier in the latest quarter from the previous quarter’s 6.7 […]
  • Procter & Gamble and AmEx climb while AIG and DowDuPont dip

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday: Procter & Gamble Co., up $7.06 to $87.30 The consumer products company reported a greater-than-expected profit as beauty product revenue rose. PayPal Holdings Inc., up $7.30 to $84.78 The payments processor had a strong quarter and announced a partnership with American Express. American […]
  • How major US stock indexes fared Friday

    U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. On Friday: The S&P 500 index slipped 1 point to 2,767.78. The Dow Jones Industrial Average added 64.89 points, or 0.3 […]
  • CEO of mining company tears into analysts during rant

    The CEO of a mining company exploded at short-sellers and Wall Street analysts on Friday, saying they don’t know how to read financial reports and should quit their jobs. “You guys should resign for your lack of knowledge of things,” said Lourenco Goncalves, the CEO of Cleveland-Cliffs Inc. “You are a disaster. You are an […]
  • New tax break rules for ‘opportunity zone’ investors

    WASHINGTON (AP) — The Trump administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called “opportunity zones” have been set up in all 50 states to lure investors and developers with tax breaks. The rules from the […]