Corporate news

Computer glitch shuts down trading on New York Stock Exchange

Computer glitch shuts down trading on New York Stock Exchange

Trading on the New York Stock Exchange floor was halted for nearly four hours. The stoppage shortly after 11:30 a.m. local time Wednesday, with all screens displaying a “No quotation” message, according to eyewitnesses. Trading resumed around 3:10 p.m. “We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible. We […]

50 US hospitals overcharge uninsured by 1000% – study

50 US hospitals overcharge uninsured by 1000% – study

Fifty US hospitals charged uninsured patients an average of ten times more than they should have to provide medical care in 2012, a new study found. This equates to a patient who’s treatment should have cost $100, having to shell out $1,000. The research, published in Health Affairs, found that all but one of the […]

AT&T gets paid millions by the CIA to give up user data

AT&T gets paid millions by the CIA to give up user data

The second-largest telecom company in the United States has been on the Central Intelligence Agency’s payroll to the tune of $10 million a year in exchange for voluntarily handing over troves of phone logs, the New York Times reported Thursday. Citing federal officials with knowledge of the program, The Times’ Charlie Savage wrote that telecommunication giant AT&T […]

‘No Monsanto!’: World marches against GMO food

‘No Monsanto!’: World marches against GMO food

Thousands took to streets across the world’s cities on Saturday to protest the use of GMO products, with Giant Monsanto being the main target. Over 50 countries have been taking part in the march for world food day, and across 47 different US states. Berlin, Strasbourg, Chicago, London, Sydney and Mumbai are just a few […]