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Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says
August 29, 2022August 23, 2022 photofireorg

Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says

Business

Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds

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BMW confirms fatal crash, says car wasn’t self-driving
August 28, 2022August 23, 2022 photofireorg

BMW confirms fatal crash, says car wasn’t self-driving

Business

A fatal crash involving four vehicles on a German highway did not involve a self-driving car, BMW (BMWG.DE) said on Tuesday, refuting a police statement

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Canada’s inflation rate eases to 7.6% in July on gasoline
August 27, 2022August 23, 2022 photofireorg

Canada’s inflation rate eases to 7.6% in July on gasoline

Business

Canada’s annual inflation rate slowed to 7.6% in July, a two-month low but still far above the Bank of Canada’s 2% target, as gasoline prices

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U.S. manufacturing production accelerates in July
August 26, 2022August 23, 2022 photofireorg

U.S. manufacturing production accelerates in July

Business

Production at U.S. factories increased more than expected in July as output rose at motor vehicle plants and elsewhere, pointing to underlying strength in manufacturing

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Home Depot sales lifted by higher prices, demand from builders
August 25, 2022August 23, 2022 photofireorg

Home Depot sales lifted by higher prices, demand from builders

Business

Home Depot Inc (HD.N) on Tuesday surpassed estimates for quarterly results as demand from builders and higher prices helped the biggest U.S. home-improvement chain cushion

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Juicy Couture owner scoops up UK’s Ted Baker for about $254 million
August 24, 2022August 23, 2022 photofireorg

Juicy Couture owner scoops up UK’s Ted Baker for about $254 million

Business

Juicy Couture and Forever 21 owner Authentic Brands (ABG) (AUTH.N) has agreed to buy Ted Baker (TED.L) in a deal worth roughly 211 million pounds

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Japan’s Mizuho Securities looking at opportunities for U.S. growth
August 23, 2022 photofireorg

Japan’s Mizuho Securities looking at opportunities for U.S. growth

Business

Mizuho Securities Co, the brokerage arm of Mizuho Financial Group (8411.T), “has room for further growth” in the United States and acquisitions are one option

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