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London based ION Group got hacked with Ransomware
The LockBit ransomware gang has claimed responsibility for the cyberattack on ION Group, a UK-based software company whose products are used by financial institutions, banks, and corporations for trading, investment management, and market analytics. 42 clients have been impacted by the attack on the provider, whose software plays a key role in derivatives trading around…
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Baby Back Ribs Recipe for the Super Bowl
You don’t need a smoker or a grill to make sticky, tender ribs at home — just an oven and a surprising four-ingredient glaze.
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Bee’s Knees Cocktail Is Back on Menus
The Prohibition Era favorite is back on bar menus, with creative ingredients but the same inherent charm.
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Alphabet’s Profit Falls 34% Amid Ads Slowdown
Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.
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Amazon Reports Almost No Profit and Slowing Growth
The company indicated the reduced growth and tight margins would continue in the first three months of this year.
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Falling Mortgage Rates Bring Some Home Buyers Back to Market
The average rate on a 30-year fixed-rate mortgage fell to 6.09 percent this week, the lowest in five months. Buyers are returning, but experts say the state of the economy will drive the market’s next moves.
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Egg Shortages Are Driving Demand for Raise-at-Home Chickens
People are snapping up chickens that are “heavy layers” in response to egg inflation. The chick situation holds lessons about the broader economy.
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European Central Bank Raises Rates by a Half-Point
The bank raised rates by half a point and said it expected to do the same in March, but traders are betting there will not be many more increases after that.
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Shell’s Profit Soared to $42 Billion in 2022
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.
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Meta Soars by Most in Decade, Adding $100 Billion in Value
Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.