(Bloomberg) — Hackers hit Taiwanese financial platforms including the stock exchange and lender Mega Financial Holding Co. on Thursday, briefly disrupting their websites in what local media described as an attack by foreign agents.Most Read from BloombergThe perpetrators swamped the targeted websites with a so-called Distributed Denial of Service attack, which caused unstable connection issues for the platforms in the afternoon, according to the Ministry of Digital Affairs. During the incident, the Taiwan Stock Exchange detected web queries from overseas internet-protocol addresses at volumes several times bigger than usual, the bourse said in a separate text message to Bloomberg News.The…
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CINCINNATI — Bond Hill homeowners said they feel ignored after Cincinnati City Council approved building a new multi-family development next to their houses.Residents said they were promised more condos in 2003, but the council has ignored their concerns about this recent development.”There are people who have moved here thinking that this was going to be 43 condos and it’s going to be drastically different,” homeowner Angela Howard said. “That’s a problem for us.”Instead of a few dozen condos, Louisville-based developer LDG will build a complex with 150 apartment units.”I’m angry too because when you look at it, the entire community…
Industrial air cooling system.Yurou GuanBank of America upgraded Johnson Controls to ‘Buy’ for its exposure to AI data centers.Johnson Controls is a top provider of thermal cooling equipment and other data center solutions.The company is searching for a new CEO, which is seen as a positive catalyst by Bank of America.Johnson Controls is the stock to buy for safe exposure to the AI boom, according to a note this week from Bank of America.The bank upgraded shares of Johnson Controls to “Buy” from “Neutral” and increased its price target to $80 from $76, representing potential upside of about 15% from…
Bruins “Some guys’ games translate better in pro than they do in college and junior. And I think he’s one of those guys.” Riley Duran’s game might be suited for the pro level. (AP Photo/Greg M. Cooper) Riley Duran has played only 15 total games of pro hockey. But it didn’t take long for Providence Bruins head coach Ryan Mougenel to see that the Woburn native has the mettle and drive necessary to carve out a career at hockey’s highest level.“We want him to play free, let his skill take over and he was exceptional for us,” Mougenel said Wednesday…
In 1938, one of the world’s most famous athletes opened a laundry business.Jesse Owens Dry Cleaning Company in Cleveland proved how difficult it could be for Olympians of his day to turn global triumph into a steady paycheck. In 1939, Owens filed for bankruptcy.More from Sportico.comLimited by the strictures of amateurism and the oppression that came with being a Black man in the 1930s, Owens traveled the country in search of appearance fees at local events. Sometimes he’d race fans, cars or even horses.“People said it was degrading for an Olympic champion to run against a horse,” Owens said later.…
September 12, 2024 6:11 am • Last Updated: September 12, 2024 6:11 am Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 12, 2024. (AP Photo/Ahn Young-joon) TOKYO (AP) — Global shares mostly rose on Thursday, encouraged by gains on Wall Street led by a handful of influential Big Tech companies. France’s CAC 40 rose 0.9% in early trading to 7,464.15, while Germany’s DAX…
TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” second-quarter investor letter. A copy of the same can be downloaded here. The equity markets performed well in the second quarter, as long as one held only a small number of the biggest, fastest-growing U.S. stocks. Given the Magnificent Seven’s superior performance, differences in growth and value among large caps were downplayed. There wasn’t much style diversity between mid-caps, small caps, or outside the U.S. In the second quarter, the strategy returned -2.94% (gross) and -3.14% (net) while the Russell Midcap Growth Index returned -3.21%.…
(Bloomberg) — Bohai Leasing Co. needed to find $2 billion fast, after a bond sale stalled and banks balked at demands for a loan.Most Read from BloombergA plan to sell junk notes in late 2023 with an 11% coupon didn’t go ahead due to market volatility. This summer, some banks turned down loan requests from the aircraft- and container-leasing firm. Meanwhile, talks with private equity firms had hit a snare.Bohai’s travails showcase the difficulties facing China’s distressed firms after a yearslong meltdown in the nation’s high-yield bond markets. Dozens of defaults had crimped risk appetite, with the promise of high…
KANSAS CITY, Mo. — An ambitious new development could be coming to northeast Olathe in the next few years.Developers hope to turn one of two open fields at 119th Street and Renner Boulevard into an entertainment district using STAR bonds. The goal is to transform the 63 acres into an amusement park, sports arena, restaurants, hotel, and medical facility. Lee’s Summit West teacher honored with state award in suprise assembly The identity of the developer had been a secret until recently. FOX 4 has learned Loretto Properties and VanTrust Real Estate are two of the driving forces behind the endeavor.Lamar…
In a series of transactions that highlight confidence in the company, an executive of ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) has made significant purchases of the company’s stock. The executive, whose title includes Vice President of US Operations and Secretary, acquired shares with a total value exceeding $1.1 billion.The transactions, which occurred over several days, saw the executive purchasing shares at prices ranging from $1,391.0 to $30,774.0. On September 6th, the executive bought 14,600 shares, followed by 1,300 shares on September 9th, a notable 26,500 shares on September 10th, and another 11,500 shares on September 11th. Following these acquisitions, the executive’s…