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Transcripts For KQED Nightly Business Report 20151111

Good evening, everyone. Ty is off tonight. Its one of the bigg Cyber Security busts of all time. And it involved the nations biggest bank by assets. Federal prosecutors allege that three men ran a sprawling cyber , hacked into jpmorgan and other institutions, stole data from 100 million customers, and generated millions in illegal profits. Emonth javers has more. Reporter on tuesday, u. S. Attorney announced the take down of the sophisticated cybercrime ring. It was a globe spanning criminal enterprise the u. S. Government. Ays with defendants living it included an alleged corrupt bank account in azerbaijan and hundreds of millions of dollars routed through banks in cypress and switzerland. It involved hacking into jp morgan, Media Companies like the wall street journal, Software Firms and Investigative Firm hot on the trail of the hackers themselves. The cybercrime ring was involved in illegal online gambling, illicit credit card processing and an unlawful bitcoin exchange. The three

Transcripts For KQED Nightly Business Report 20151111

Ty is off tonight. Its one of the bigg Cyber Security busts of all time. And it involved the nations biggest bank by assets. Federal prosecutors allege that three men ran a sprawling cyber , hacked into jpmorgan and other institutions, stole data from 100 million customers, and generated millions in illegal profits. Emonth javers has more. Reporter on tuesday, u. S. Attorney announced the take down of the sophisticated cybercrime ring. It was a globe spanning criminal enterprise the u. S. Government. Ays with defendants living it included an alleged corrupt bank account in azerbaijan and hundreds of millions of dollars routed through banks in cypress and switzerland. It involved hacking into jp morgan, Media Companies like the wall street journal, Software Firms and Investigative Firm hot on the trail of the hackers themselves. The cybercrime ring was involved in illegal online gambling, illicit credit card processing and an unlawful bitcoin exchange. The three men allegedly in charge

Transcripts For KQED Nightly Business Report 20150527

Fueled expectations that a rate hike could come sooner rather than later and add greece to the mix and that adds up would the worst decline. The dow jones closed at 18,041 and nsds off by 56 and the s p 500 finished 21 points lauer. Dominic chu look watchers chi we could be in for more of the same this summer. Traders and investors came back from the memorial day holiday from a sea of red on wall wall street. Not kick off the Summer Season from stock. A skittishness from Interest Rates. It is expected rates to rise after Federal Reserve chair janet yellen said the Interest Rates could raise. It is normal for markets to become more volatile. We are not surprised by this. In a lot of peoples view that was less likely to occur now than c september or perhaps even december but over the last few days fed speakers including chairwoman yellen have made it clear that the first rate hike will begin sometime in 2015. Many market observers do note that while we have seen more volatility recently

Transcripts For KQED Nightly Business Report 20150527

Fueled expectations that a rate hike could come sooner rather than later and add greece to the mix and that adds up would the worst decline. The dow jones closed at 18,041 and nsds off by 56 and the s p 500 finished 21 points lauer. Dominic chu look watchers chi we could be in for more of the same this summer. Traders and investors came back from the memorial day holiday from a sea of red on wall wall street. Not kick off the Summer Season from stock. A skittishness from Interest Rates. It is expected rates to rise after Federal Reserve chair janet yellen said the Interest Rates could raise. It is normal for markets to become more volatile. We are not surprised by this. In a lot of peoples view that was less likely to occur now than c september or perhaps even december but over the last few days fed speakers including chairwoman yellen have made it clear that the first rate hike will begin sometime in 2015. Many market observers do note that while we have seen more volatility recently

Transcripts For KQED Nightly Business Report 20140514

Nightly Business Report this tuesday may 13th. Good evening, everyone, and welcome. Records fell again on wall street today as the dow industrials and the s p 500 each closed at record highs, more on that in a moment. But we begin with big changes being rolled out at a company that as much as any defines the permanent blue chip, you may earn more in portfolios or funds, it contributed not one bit to the rising markets, the shares were off slightly. The ceo sat down with a Rare Television interview, the conversation was extensive and expansive, and david fab oer jo his us from new york city, good evening, it was a long interview, i dont think i had ever seen her on tv before. No, in fact, you would be right about that, tyler, she has not been on tv, certainly not with us. Almost two years into her tenure, remetti seems to focus on clients and employees and seems to be willing to communicate the transition, a significant one that this giant company is undergoing. 330,000 employees around

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