Saturday, May 13, 2017

Today's Headlines

  • Trump Says 'Fast Decision' Likely on FBI Comey Replacement. Donald Trump said he expects to make a “fast decision” on a replacement for fired FBI Director James Comey, perhaps before he departs the U.S. on May 19 for his first foreign trip as president. “Even that is possible,” Trump told reporters in a brief visit to the press cabin of Air Force One as he departed for Liberty University in Lynchburg, Virginia, to deliver his first commencement address in office. Trump fired Comey on May 9, citing frustrations with the FBI director’s conduct. The move prompted an uproar among Democrats and some Republicans because Comey’s agency is leading an investigation into whether there were connections between Russian interference in last year’s presidential election and people associated with Trump’s campaign. Trump has said that wasn’t the reason for his decision.
  • Extortionists Mount Global Hacking Attack Seeking Ransom. (video) Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away patients and breached systems at Spain’s Telefonica SA and organizations from Russia to Taiwan.
  • Hospitals Gain Control After Ransom Hack, More Attacks May Come. Most U.K. health facilities whose computer systems were crippled in a global cyber-attack are back to normal operation, Home Secretary Amber Rudd said, even as experts warned that hackers would probably launch a new round of attacks with many computers still vulnerable. About 97 percent of facilities and doctors affected are able to work normally, Rudd said Saturday after a U.K. government meeting. At the height of the attack Friday and early Saturday, 48 organizations in the National Health Service were affected, and hospitals in London, North West England and Central England urged people with non-emergency conditions to stay away as technicians tried to stop the spread of the malicious software.
Wall Street Journal: 
  • G-7 Finance Chiefs Are Reassured on U.S. Tax Plans. Ministers also agree to strengthen financial system’s defenses against cyberattacks. Finance chiefs from the world’s largest industrialized economies sounded a note of cautious optimism this weekend on U.S. plans for a tax overhaul, and agreed to bolster the financial system against increasingly sophisticated cyberattacks.
  • Had bullish commentary on (ADI), (MSFT) and (AL).
  • Had bearish commentary on (WFM) and (SNAP).
Zero Hedge:

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