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(Reuters) -The cyberattack at UnitedHealth Group’s tech unit last year affected the personal information of 190 million people, the health conglomerate said on Friday, making it the largest healthcare data breach in the United States. The hack at Change Healthcare affected the personal information of 100 million people, the U.S. health department had posted on …

UnitedHealth says hack at tech unit impacted 190 million people Read More »

By Sinéad Carew and Johann M Cherian (Reuters) – Wall Street’s main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting. The technology sector was the biggest drag on …

Wall St slips with mixed data and earnings ahead of Fed week Read More »

By Dietrich Knauth NEW YORK (Reuters) – Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company’s years-long effort to resolve thousands of lawsuits over its addictive pain medication OxyContin. The company still needs to hammer out remaining details and seek buy-in …

Bankrupt Purdue buys time to advance $7.4 billion opioid deal Read More »

By Tim McLaughlin and Laila Kearney (Reuters) – President Donald Trump’s oversight of an increasingly unreliable U.S. power grid requires swift action, he said this week, but there is no easy fix for one of the grid’s most complex and troubled areas: long-distance transmission lines. Trump’s National Energy Emergency declaration and executive orders detail a …

Analysis-Trump’s high-wire act to transform US power grid won’t be easy Read More »

By Andrew Chung (Reuters) – President Donald Trump’s administration asked the U.S. Supreme Court on Friday to put on hold planned arguments in a bid by fuel producers to challenge California’s standards for vehicle emissions and electric cars under a federal air pollution law.  The new Republican administration also made similar requests in three other …

Trump administration asks Supreme Court to pause cases as it reconsiders policy Read More »

By Douglas Gillison (Reuters) – The companies behind the crypto exchanges Kraken and Blockchain.com have joined the dozens of corporations and wealthy individuals that have hired the President Trump-tied lobbying firm Ballard Partners since November’s elections, records show. Founded by lobbyist and Donald Trump fundraiser Brian Ballard, the firm has drawn scrutiny in recent weeks …

Kraken, Blockchain.com join crowd signing with Trump-tied lobbyists Read More »

By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies.  On Thursday, Trump signed an order to create a …

U.S. lawmakers are light on crypto heading into new Trump era Read More »

By Divya Chowdhury DAVOS, Switzerland (Reuters) – The chief executive of Japanese IT company NTT DATA said global standards in regulation of artificial intelligence (AI) would reduce risks in the development of the fast-emerging technology. “The issue, and especially as it relates to AI, is not over-regulation or under-regulation, but more standard regulation globally,” Abhijit …

NTT DATA boss calls for global standards on AI regulation at Davos Read More »