Money

WannaCry 'hero' headed to court for allegedly creating malware

Ransomware ‘WannaCry’ attack explained A U.K. security researcher who achieved “hero” status after stopping a global internet hack is due in federal court on Tuesday. He’s accused of creating illegal malware. Marcus Hutchins, who also goes by the moniker MalwareTech, was heralded in May for putting a stop to the rampant Wannacry ransomware attack that crippled businesses and government entities, including some British hospitals. On Wednesday, he was arrested in Las Vegas and accused of developing his own piece of malicious software that invaded people’s computers and stole their personal ...

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Storm at Google over engineer's anti-diversity manifesto

Google executives have responded to a 3,300-word manifesto written by one of its male engineers that argues women aren’t suited for tech jobs for “biological” reasons. The document has been circulating inside Google(GOOG) for some time, but it was made public by Motherboard on Saturday. Recode and Gizmodo published the document in full. Over the weekend, Google diversity vice president Danielle Brown and engineering VP Ari Balogh addressed the controversial document in separate messages to Google employees. Brown and Balogh condemned the document’s assertions and defended Google’s diversity efforts. Related: ...

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How tax reform could hit charitable giving

Why tax reform is so hard Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy. But another factor — the tax benefits for giving — could soon change if lawmakers push through tax reform. Few people donate simply because of the tax breaks and are unlikely to stop giving altogether if they don’t get any. But analyses from the Congressional Budget Office and others have found that taxincentives typically increase how much you choose to donate — whether ...

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Kayleigh McEnany appears in pro-Trump 'news' video after leaving CNN

Kayleigh McEnany appears in Pro-Trump ‘newscast’ after leaving CNN A day after Kayleigh McEnany announced she left CNN, she showed up as the centerpiece of a video clip posted by President Trump’s campaign team. McEnany, a pro-Trump conservative pundit who appeared on CNN throughout the campaign season, announced via Twitter Saturday that she was leaving the network. She said to “stay tuned” for details about her next career move. Then, on Sunday morning, the official Twitter handle for “Team Trump” and Trump’s verified Facebook page both posted a video of ...

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All about earnings: Snap, Blue Apron, Disney and more

Wall Street gets its first taste of Blue Apron IPO 1. Snap earnings: Snapchat parent company Snap(SNAP) will report its second-quarter finances on Thursday, but Wall Street isn’t holding its breath for anything positive. The “camera company,” as Snap calls itself, wishes its bad news could just disappear. Shares soared following its highly anticipated March IPO, but Snap has lost much of its market value since then. Earlier this week, some insiders sold their shares after the expiration of the company’s “lockup” period, which bars employees and early investors from ...

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How to avoid buying 'bogus' solar eclipse glasses

It’s been four decades since a total solar eclipse has been visible from the U.S., but to check out the spectacle on August 21, you need special glasses. In case you haven’t heard, it’s not safe to look directly at the sun. To safely view the epic solar eclipse that will cut a dramatic shadow across the United States on August 21, you’ll need a special pair of ultra-dark sunglasses or some impeccable timing to glance the totality. Without glasses, the sun’s rays could cause permanent damage to your eyes. ...

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Eric Bolling suspended from Fox News amid lewd texting scandal

Fox News in a post-Ailes era Fox News said Saturday that host Eric Bolling will be suspended from air “pending the results of an investigation” into whether he sent lewd photos to co-workers, a network spokesperson confirmed to CNNMoney. The show Bolling typically hosts on Saturdays, “Cashin’ In,” did not air. News of the suspension came one day after HuffPost published a story saying more than a dozen sources confirmed that Bolling had sent female colleagues an “unsolicited” photo of his genitals. Bolling’s attorney said he denies the claims. “The ...

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GM recalling about 700,000 Chevy and GMC trucks

General Motors has recalled hundreds of thousands of Chevy and GMC pickups because of a potential steering issue. The vehicles may have a software problem that can cause them to spontaneously lose their electric power steering assistance for about one second, according to the The National Highway Traffic Safety Administration. “If [the power steering] assist is lost and suddenly returned, the driver could lose temporary control of the steering wheel, increasing the risk of a crash,” NHTSA said in a public document. The cars are particularly vulnerable to the issue ...

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The paranoid-parent's guide to sharing photos of your kids

How to protect yourself from hackers When Allison announced her pregnancy to her family, she sent out an ultrasound picture along with a strongly worded warning. “I told my family, if I ever saw a picture of him online they would never see him again in real life.” She has good reason to be strict. A former criminal prosecutor, Allison (a pseudonym) dealt with sex offenders on a regular basis and says she’s seen seemingly innocuous photos of kids used for “twisted purposes.” She has the added worry of criminals ...

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CNNMoney readers react: She retired at 28 with $2.25 million

Planning young: a retirement roadmap On Wednesday, we profiled J.P. Livingston, a woman who worked in finance in New York City for seven years before retiring last year at age 28 with $ 2.25 million. The story got people talking. Many CNNMoney readers viewed Livingston as an outlier with advantages that most people don’t have because she graduated from Harvard with zero debt and had an extremely high income. RadicalM0derate says on Twitter: “So to retire young: get into Harvard & pay for it through scholarships and family $ ; ...

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