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Hacking group behind the cyberattack on a key US fuel pipeline is said to be disbanding

DarkSide made headlines for hacking Colonial Pipeline, forcing the major East Coast fuel supplier to suspend operations for several days. , Out of service fuel nozzles are covered in plastic on a gas p.....»»

Category: personnelSource: nytMay 15th, 2021

The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts" estimate from January

A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an expected shortfall of 2.2 million. Workers build Ford F-150 trucks at one of the automaker's assembly plants.....»»

Category: dealsSource: nytMay 14th, 2021

Gas shortages persist as operations resume at downed pipeline

Officials caution it could take days for the aftereffects of the Colonial Pipeline cyberattack to subside......»»

Category: topSource: washpostMay 14th, 2021

Major U.S. Gasoline Pipeline Halts Operations After Cyberattack

(WASHINGTON) — A U.S. energy company says a cyberattack forced it to temporarily halt all operations on a major pipeline that delivers roughly 45% of all fuel consumed on the East Coast. Colonial Pipe.....»»

Category: topSource: timeMay 13th, 2021

Colonial Pipeline paid nearly $5 million in ransom after cyberattack: report

Colonial Pipeline paid Eastern European hackers nearly $5 million in an untraceable cryptocurrency last week in response to a ransomware attack, Bloomberg reported Thursday, citing people fam.....»»

Category: topSource: marketwatchMay 13th, 2021

Panic buying strikes Southeastern United States as shuttered pipeline resumes operations

Fuel prices spiked and states of emergency were put in place across various states in the Southeastern U.S. after a cyberattack on Colonial Pipeline......»»

Category: topSource: washpostMay 12th, 2021

Colonial Pipeline restarts operations, but says supply chain issues may continue for "several days"

More than 1,000 gas stations across the East Coast ran dry after the pipeline was knocked offline by a crippling cyberattack. Colonial Pipeline, was forced to shut down its oil and gas pipeline system on Friday after a ran.....»»

Category: personnelSource: nytMay 12th, 2021

A major supplier of fuel to the East Coast has been down following a cyberattack. This animated map shows all the major oil and gas pipelines in the US.

The high level of oil consumption in the US wouldn't be possible without the 2.5 million mile network of pipelines used to transport the fuel.....»»

Category: personnelSource: nytMay 12th, 2021

: COVID-19 pandemic was a ‘preventable disaster,’ made worse by a lack of global coordination and dithering, independent panel finds

The COVID-19 pandemic that has cost the lives of 3.3 million people around the world was a "preventable disaster" exacerbated by a lack of global coordination and dithering at every point of the outbreak, an independent panel said Wednesday......»»

Category: topSource: marketwatchMay 12th, 2021

The Colonial Pipeline cyberattack is prompting fuel outages throughout the southeastern US

While operation resumed manually on segments of the Colonial Pipeline on Monday, operations of the rest are expected by the end of this week. Trucks line up at a Colonial Pipeline facility. Jay Reeves/AP Close to 15% of gas sta.....»»

Category: topSource: businessinsiderMay 12th, 2021

Colonial Pipeline aims to restore operations by end of week

Colonial Pipeline Co. provides an update on its cyberattack and timeline for restoring operations......»»

Category: topSource: foxnewsMay 10th, 2021

America"s newest airline, known for its $19 flights, is spending $1.2 million to bring its cheap trips to the East Coast

Avelo Airlines just made its Hollywood debut in April and already has plans to expand its low-cost leisure flights to the East Coast by year's end. Flying on the first flight of Avelo Airlines. Thomas Pallini/Insider Avelo Airlines is comi.....»»

Category: dealsSource: nytMay 9th, 2021

Colonial Pipeline Hackers Stole Data on Thursday, Ahead Of Shutdown: Bloomberg

Investigators are looking at a group of hackers called DarkSide, who seem to be behind the cyberattack on Colonial Pipeline, which temporarily halted its pipeline operations on Friday. read more.....»»

Category: blogSource: benzingaMay 9th, 2021

Major Energy Pipeline To US East Coast Shut Down After Cyberattack

A cyberattack has forced Colonial Pipeline to halt operations of its 5,500 miles of pipeline, which transports approximately 45% of all fuel consumed on the East Coast. read more.....»»

Category: blogSource: benzingaMay 8th, 2021

A Canadian bitcoin ETF has attracted $823 million in just 3 weeks since launching as crypto demand remains strong

The 3iQ CoinShares Bitcoin ETF has benefited from surging interest in crypto from both retail and institutional traders. S3studio/Getty Images .....»»

Category: personnelSource: nytMay 7th, 2021

TerrAscend acquires Md. cannabis growing, processing operations — a dispensary may be next

After acquiring cannabis growing and processing operations in Maryland for $27.5 million, TerrAscend will investigate future opportunities to acquire one or more dispensary licenses as well......»»

Category: topSource: bizjournalsMay 5th, 2021

Maryland hotel exec racing clock to find investors for $680 million bid for Tribune Publishing, but nobody is stepping up in Chicago: source

With three weeks left until shareholders are set to vote on a deal to sell Tribune Publishing to hedge fund Alden Global Capital, Maryland hotel executive Stewart Bainum is urgently seeking Chicago investors to help buy the Chicago-based newspaper chai.....»»

Category: topSource: chicagotribuneApr 30th, 2021

Florida House signs off on three tax holidays, including "freedom week"

The sales tax holidays will cost the state $61.5 million in sales tax revenue.....»»

Category: topSource: bizjournalsApr 26th, 2021

North Miami Beach approves Skygarden apartments project

The project would cost about $118 million and is expected to break ground this year......»»

Category: topSource: bizjournalsApr 26th, 2021

Plans filed for close to 900 new, mostly market-rate homes in SoMa, Mid-Market

The combined estimated cost of the two projects is over $350 million......»»

Category: topSource: bizjournalsApr 21st, 2021