Wednesday, May 17, 2017

US stocks fall sharply on Trump woes; Dow -1.8%

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US stocks fall sharply on Trump woes; Dow -1.8%

US stocks fall sharply on Trump woes; Dow -1.8%Wall Street stocks fell sharply Wednesday on deepening worries about President Donald Trump's economic agenda following a series of scandals and stumbles. The Dow Jones Industrial Average shed 373 points to 20,606.93 for a drop of 1.8 percent -- its biggest one-day decline since Trump was elected. The broad-based S&P 500 fell 1.8 percent to 2,357.03, while the tech-rich Nasdaq Composite Index tumbled 2.6 percent to 6,011.24, retreating from a record.


Democracy’s darkest moment: the Watergate scandal

Democracy’s darkest moment: the Watergate scandalIt was famously described by the White House press secretary as a “third-rate burglary,” but it brought down a presidency. On the night of June 17, 1972, five men were arrested for breaking in to the Democratic National Committee headquarters in an office and hotel complex whose name has become synonymous with political scandal: the Watergate.


Why the Future Air Force One Will Be a Boeing 747-8

Why the Future Air Force One Will Be a Boeing 747-8Popular Mechanics sat down to talk with Air Mobility Command about the new jets that will become the primary presidential aircraft of the future.


Maxine Waters talks impeachment of Trump

Maxine Waters talks impeachment of TrumpRep. Maxine Waters, D-Calif., spoke to Yahoo News Chief Investigative Correspondent Michael Isikoff and Yahoo News Deputy Editor Dan Klaidman about the latest revelation that President Trump asked FBI Director James Comey to end the investigation into Michael Flynn. Waters said, “I’ve been on the road to impeachment ahead of everybody.”


Another large-scale cyberattack underway: experts

Another large-scale cyberattack underway: expertsThe new attack targets the same vulnerabilities the WannaCry ransomware worm exploited but, rather than freeze files, uses the hundreds of thousands of computers believed to have been infected to mine virtual currency. Following the detection of the WannaCry attack on Friday, researchers at Proofpoint discovered a new attack linked to WannaCry called Adylkuzz, said Nicolas Godier, a researcher at the computer security firm. Instead of completely disabling an infected computer by encrypting data and seeking a ransom payment, Adylkuzz uses the machines it infects to "mine" in a background task a virtual currency, Monero, and transfer the money created to the authors of the virus.


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