A new ransomware attack, which some are calling "NotPetya," has targeted thousands of PCs globally, including in banks, airports, government agencies and other businesses in the UK, Ukraine and Spain, and has caused many entities to shut down. The attack highlights the importance of good cybersecurity protection, the need to patch vulnerabilities and the shared responsibility to protect businesses, agencies and consumers.
Fortune's list of the 100 best workplaces for millennials includes representation from the public accounting and consulting fields. Keys to recruiting and retaining millennials include helping them understand the value of their contributions and giving them chances to learn and develop, experts say.
There are six primary categories of students -- subject lovers, emotionals, hand raisers, social butterflies, teacher responders and deep thinkers -- according to a report released this week by the Thomas B. Fordham Institute. Researchers suggest that teachers may need to alter their strategies to engage students in each group.
Nestle is looking to repurchase nearly $21 billion in shares during the next three years to boost value for investors. The company is also considering acquisitions to expand its fastest-growing businesses, including consumer health care, bottled water, pet care and coffee.
The Senate's Better Care Reconciliation Act would leave 22 million more Americans uninsured by 2026 than would be under the Affordable Care Act, and it would raise premiums in the first two years but have 30% lower premiums in 2020 than under the Affordable Care Act, according to an analysis by the Congressional Budget Office. If the Senate bill is passed into law, the number of uninsured would increase by 15 million next year, largely due to the repeal of the individual mandate, but federal deficit would be reduced by $321 billion over the next decade, CBO said.
Google-owned Waze, a driving navigation app, has been working with brands such as AT&T, McDonald's, Dunkin' Donuts and Adidas to help them engage with consumers on the go. The app offers advertisers high-impact spots when drivers are idle for at least three seconds, branded pins on its navigation map, and voice takeovers to promote TV shows and movies.
UPS today said it plans to generate 25% of its electricity from renewables, cut emissions by 12% from its global ground operations and increase by 25% the total number of vehicles running on alternative fuels. In its latest corporate sustainability report, the company noted other steps, such as investments in software and updated aircraft and the possibility of using a person's exact GPS location, rather than a street address, on the last mile of delivery.
Large companies are among those rushing to react to another cyberextortion campaign spread via a virus called Petya. Researchers have found that creating a read-only file and placing it in the C:\Windows folder stops the attack on a particular computer.
European regulators approved Sanofi and Regeneron's Kevzara, or sarilumab, as a treatment for adults with moderately to severely active rheumatoid arthritis and who have intolerance or an inadequate response to one or more disease-modifying antirheumatic drugs. The decision was backed by seven late-stage studies in which Kevzara showed statistically significant, clinically meaningful improvements in patients.
Comcast and Charter Communications are in an exclusive, two-month agreement for discussions on providing wireless services, sources say. While a joint acquisition may be on the table, the more likely scenario is a resell agreement that would allow the cable giants to sell wireless services through Sprint's network, the sources say.
Chicago Mayor Rahm Emanuel wants to build a high-speed rail line from downtown to the airport and has had preliminary talks with Elon Musk. Musk recently founded The Boring Co. to develop new technology for tunneling.
Despite competitors shying from offshore investments, BP is calling for up to $17 billion in Gulf platform spending annually through 2021 with hopes of increasing production by 5% each year. "Our strategy is to take this investment that we spent so much money building and keep it full," said BP Gulf of Mexico Regional President Richard Morrison.
United Airlines CEO Oscar Munoz was listed at No. 18 in Glassdoor's Employees Choice Awards, based on employee feedback at companies worldwide. Munoz received an approval rating of 96%.
Hotels must take advantage of the growing popularity of eating out by integrating online restaurant reservation technology, writes Matthew Stubbs, CEO of BookingTek. Direct booking, he adds, makes better long-term sense than using intermediaries.