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Rosneft, Maersk hit by Petya cyber attack

NewsweekRosneft and A. P. Moller Maersk, which owns drilling firm Maersk Drilling and oil firm Maersk Oil, as well as a huge container shipping business, are among a slew of companies across the globe hit by the Petya ransomeware virus. The virus, similar to Cyberattack Hits Ukraine Then Spreads Internationally …

The Latest: Ukraine says cyberattack now contained

Sacramento BeeThe Latest on a widespread cyberattack that is affecting companies and government systems (all times local):. 1:35 p.m.. The Ukrainian Cabinet says an outburst of malicious software has been contained. The ransomware that paralyzed computers across the …Has WannaCry Struck Again? Ransomware ‘Was Similar’ to Hack That Disabled 300000 Computers …

UPS to Freeze Pension Plans for Nonunion Staffers

Wall Street Journal (subscription)United Parcel Service Inc. UPS -1.21% will freeze pension plans for about 70,000 nonunion employees, seeking to contain the burden of a retirement fund with a nearly $10 billion deficit. The package carrier is the latest major U.S. corporation seeking UPS to freeze pension plans for non-union …

Magical Thinking about Minimum Wages

National ReviewThanks to a new study from economists at the University of Washington, American progressives have learned that the laws of supply and demand apply to the labor market. Everybody already knew that, except for professional economists. The study …That new Seattle study is a big problem for fans of a …

Cyberattack at APMT Mumbai threatens JNPT fluidity

JOC.comAPMT Mumbai, like other APMT terminals around the world, has had to cease operations as the Maersk Group copes with a devastating cyberattack. Gridlock threatens to return to Jawaharlal Nehru Port Trust following the so-called “Petya” ransomware attack …Companies struggle to recover after massive cyber attack with ransom demands Published By …

Marissa Mayer Defends Travis Kalanick: ‘He’s a Phenomenal Leader’

FortuneSpeaking at the annual Stanford Directors’ College on Tuesday, the San Francisco Chronicle reports that Mayer said that Kalanick might have been unaware of the problems with Uber’s sexual harassment and discrimination-prone culture because of how fast …Why Startups Run Like Frat Houses Fail Published By Google world news 28 June …