Category: Business News

Russian banks say debit cards may stop working due to Western sanctions

Russian banks are warning debit card holders that new sanctions from the US and UK could mean their cards stop working abroad.

Emails from multiple Russian banks urging their customers to withdraw money from accounts linked to UnionPay-branded cards as soon as possible came one day after the US and UK implemented sweeping new sanctions authorizing the rejection of transactions from a list of Russian financial institutions.

UnionPay is a Chinese payment system that some Russian banks were using before the war, and more turned to it after MasterCard and Visa were pulled out of the country following the invasion

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Is Bing too belligerent? Microsoft looks to tame AI chatbot – Business News

Microsoft’s newly revamped Bing search engine can write recipes and songs and quickly explain just about anything it can find on the internet.

But if you cross its artificially intelligent chatbot, it might also insult your appearance, threaten your reputation or compare you

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Indigo creates temporary website for browsing after cyberattack – Business News

Indigo Books & Music Inc. has created a temporary website for its customers to browse for books and gifts after a cyberattack halted the company’s online operations last week.

In a notice posted to the new site Friday titled “shop in store, window-shop online,” the Toronto-based retailer said the temporary website only allows for browsing and it is still

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Boeing Halts Delivery Of 787 Dreamliners

Boeing Co. temporarily stopped deliveries of its 787 Dreamliners as directed by the Federal Aviation Administration, pending an additional analysis on a fuselage component, reports said.

The FAA stated that the company cannot resume deliveries of the plane, which was halted earlier too to a series of manufacturing flaws until the agency is satisfied that the issue has been addressed. However, the aerospace and defense major will continue its production, and the company doesn’t expect the issue to require additional work on the 787s.

Boeing noted that the near-term deliveries will be impacted, but it does not anticipate a change

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Tesla recalling nearly 363,000 vehicles over ‘full self-driving’ software that could lead to crashes

Tesla is recalling 362,758 vehicles because a version of its “full self-driving” software may increase the risk of crashes, according to the National Highway Traffic Safety Administration in response to a notice Tesla sent the agency on Wednesday.

According to the recall document, the FSD’s “beta” release may cause affected Tesla vehicles to act unsafely around intersections. For example, it said, the software may cause the vehicle to travel “straight through an intersection while in a turn-only lane, [enter] a stop sign-controlled intersection without coming to a complete stop, or [proceed] into an intersection during a steady yellow traffic signal

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Excess household savings may help economy avoid harsher downturns: BMO – Business News

Households have savings

The Canadian Press – | Story: 412057

High household savings in Canada and the US may help both countries avoid a severe downturn as high interest rates ripple through the economy.

Although the pandemic savings have diminished significantly,

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Are You Prepared for Russian Ransomware?

Recently, a health network in Pennsylvania was hacked by a Russian ransomware gang called BlackCat.

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BlackCat attacked a physician practice in Pennsylvania, but did not disrupt healthcare operations.

A ransomware payment was demanded, but refused by the healthcare system.

Sensitive information was accessed and the health system revealed the attack itself.

Is your practice prepared for a potential attack?

Does your staff know how to respond to a demand for

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‘The worst is behind us’ [Video]

Real estate may be seeing signs of life. Still, the market will only take off if interest rates drop, Barbara Corcoran, founder of Corcoran Group and Shark Tank investor, said on Yahoo Finance Live (video above.)

“The worst is behind us,” she said.

“It’s going to have to drop two points and people are going to act like there’s a sale on,” Corcoran said on a full market recovery. “Anybody who even has the first thought of buying a house is going to rush the market.”

“The big problem is still high interest rates and there’s still a lack of

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