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Drivers across the East Coast are piling into gas stations, resulting in long lines and shortages as motorists cope with what could be a weeklong shutdown of the nation’s largest fuel pipeline due to a cyberattack. It shut the pipeline late last week following a ransomware attack that U.S. officials have linked to a criminal gang known as DarkSide. Across five Southeastern states, Georgia, Florida, South Carolina, North Carolina and Virginia, demand for gasoline jumped 40%, the figures showed. Roughly 240 gas stations across Georgia, or about 3.8% of the state’s total, had run out of fuel by Tuesday morning, according to GasBuddy, which compiles the data when drivers report such outages. More than 5% of North Carolina gas stations were out of fuel and about 1.7% of the total in South Carolina.
Organizations: Colonial Pipeline Co, Colonial Locations: East, Texas, New Jersey, East Coast, U.S, Georgia, Florida, South Carolina, North Carolina, Virginia
Pipeline Shutdown Has East Coast Drivers Making Run on Gas
  + stars: | 2021-05-11 | by ( Collin Eaton | Amrith Ramkumar | ) www.wsj.com sentiment -1.00   time to read: +1 min
Drivers across the East Coast are piling into gas stations, resulting in long lines and shortages as motorists cope with what could be a weeklong shutdown of the nation’s largest fuel pipeline due to a cyberattack. It shut the pipeline late last week following a ransomware attack that U.S. officials have linked to a criminal gang known as DarkSide. Across five Southeastern states, Georgia, Florida, South Carolina, North Carolina and Virginia, demand for gasoline jumped 40%, the figures showed. Roughly 240 gas stations across Georgia, or about 3.8% of the state’s total, had run out of fuel by Tuesday morning, according to GasBuddy, which compiles the data when drivers report such outages. More than 5% of North Carolina gas stations were out of fuel and about 1.7% of the total in South Carolina.
Organizations: Colonial Pipeline Co, Colonial Locations: East, Texas, New Jersey, East Coast, U.S, Georgia, Florida, South Carolina, North Carolina, Virginia
NHL roundup: Habs nab final playoff spot despite OT Loss
  + stars: | 2021-05-11 | by ( ) www.reuters.com + 0.00   time to read: +5 min
James Neal, Ryan Nugent-Hopkins and Dominik Kahun potted goals for the Oilers, who are 7-2-0 in their past nine games and own the division's second playoff spot. Jake Evans and Artturi Lehkonen each had a goal and two assists for the Canadiens, and Paul Byron added a goal and an assist. Predators 5, Hurricanes 0Matt Duchene scored two goals and host Nashville defeated Carolina in a preview of a first-round Central Division playoff series. Flyers 4, Devils 2Joel Farabee scored two goals to lift host Philadelphia past New Jersey in the season finale for both teams. Bo Horvat also scored for the Canucks, who were ousted when the Canadiens clinched the final North Division playoff spot.
Persons: Connor McDavid, Eric Bolte, McDavid, Leon Draisaitl, Jake Allen, James Neal, Ryan Nugent, Hopkins, Dominik Kahun, Jake Evans, Artturi, Paul Byron, Taylor Hall, Hall, Brad Marchand, Tuukka Rask, David Krejci, Oliver Wahlstrom, Mathew Barzal, Semyon Varlamov, Ilya Sorokin, Sorokin, Chris Driedger, MacKenzie Weegar, Juho Lammikko, Carter Varhaeghe, Alex Wennberg, Lammikko, Andrei Vasilevskiy, Matt Duchene, Rocco Grimaldi, Ryan Johansen, Tanner Jeannot, Johansen, Jeannot, Nashville's Pekka Rinne, Rinne, Petr Mrazek, Joel Farabee, Sean Couturier, James van Riemsdyk, Claude Giroux, Kevin Hayes, Wade Allison, Brian Elliott, Janne Kuokkanen, Pavel Zacha, Jersey's Scott Wedgewood, Nils Hoglander, Bo Horvat, Thatcher Demko, Kyle Connor, Laurent Brossoit, Jason Robertson, John Klingberg, Jamie Benn, Collin Delia, Dallas, Joel Kiviranta, Jason Dickinson Organizations: Edmonton Oilers, Montreal Canadiens, Bell Centre, Montreal, Canadiens, Oilers, Bruins, Islanders, Boston, New York, Panthers, Lightning, Stanley, Tampa Bay, Florida, Central Division, Tampa, Hurricanes, Nashville, Carolina, Predators, Flyers, Devils, Canucks, Jets, Vancouver, North Division, Blackhawks, Dallas, Dallas outshot, Thomson Locations: Montreal, Quebec, New, Florida, Sunrise, Fla, Tampa Bay, Philadelphia, New Jersey, Winnipeg, Chicago
Low mortgage rates typically signify a struggling economy, so rates should stay low for the foreseeable future. Mortgage refinance rates tend to be higher than purchase rates, but today's refinance rates are still low. How to lock in the best mortgage rateYou can lock in low mortgage or refinance rates today, as all rates are at striking lows. A 15-year fixed mortgage will cost less than a 30-year fixed mortgage in the long run. Mortgage and refinance rates by stateCheck the latest rates in your state at the links below.
Persons: Laura Grace Tarpley, Ryan Wangman Organizations: RedVentures ., Mortgage, ARM, Government, FHA, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia, Finance Locations: Money.com, RedVentures, Alabama, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Utah Vermont, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia Wisconsin Wyoming
UK web star ingeniously adds $1 bln to war chest
  + stars: | 2021-05-11 | by ( Aimee Donnellan | ) www.reuters.com + 0.00   time to read: +4 min
THG (THG.L) has built a valuable business flogging beauty creams and slinky gym gear on the web. Although that deal may never happen, CEO Matthew Moulding can put his restocked war chest to good use. It has given SoftBank an option to buy a fifth of the unit for $1.6 billion. - THG announced on May 10 it had granted SoftBank an option to buy 19.9% of THG Ingenuity, a yet-to-be-formed subsidiary, for $1.6 billion. - THG owns beauty retailer Lookfantastic, makeup brand Illamasqua and beauty box service Glossybox, as well as supplements firm Myprotein.
Persons: it’s, SoftBank, Matthew, THG, Goldman Sachs, Jefferies Organizations: Bank of America, Bentley Laboratories, THG, SoftBank, Barclays, Citigroup Locations: Grand Rapids , Michigan, U.S, New Jersey, British, Manchester, THG
See Insider's picks for the best mortgage lenders »Mortgage rates plummeted to all-time lows at the beginning of the coronavirus pandemic. Mortgage rates tend to be low when the economy is doing badly, so rates went down as the coronavirus affected the US economy. If a bad economy leads to low mortgage rates, shouldn't rates start rising as the economy improves? Low employment numbers mean low mortgage ratesPowell explained that so far, the employment and inflation changes are temporary. Mortgage and refinance rates by stateCheck the latest rates in your state at the links below.
Persons: Jerome Powell, Powell, Laura Grace Tarpley Organizations: Mortgage, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia, Finance Locations: Alabama, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Utah Vermont, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia Wisconsin Wyoming
Colonial Pipeline shutdown: Here’s the latest.
  + stars: | 2021-05-11 | by ( Clifford Krauss | Niraj Chokshi | ) www.nytimes.com + 0.00   time to read: +3 min
The vital fuel pipeline stretching 5,500 miles from Texas to New Jersey remained largely shut down on Tuesday after last week’s ransomware attack. Colonial Pipeline, the company that operates the pipeline, said Monday that it hoped to restore most operations by the end of the week. The pipeline provides the Eastern United States about half its energy. Brian Kemp of Georgia has signed an executive order suspending his state’s gasoline tax through Saturday, which amounts to roughly 20 cents a gallon. Gas Buddy, a website that tracks gas prices, reported that nearly 8 percent of Virginia gas stations were without gasoline, apparently more a result of panic buying than a shortage of gas.
Persons: , Louise Dickson, Brian Kemp of, Roy Cooper, Jen Psaki, Biden, Michael S, Regan, Gillian Friedman Organizations: Colonial Pipeline, Federal Bureau of Investigation, Eastern, Industry, Rystad Energy, Brian Kemp of Georgia, AAA, Gas, White House, . American Airlines, Southwest Airlines, Delta Air Lines, Environmental Protection Agency, District of Columbia Locations: Texas, New Jersey, Eastern United States, South Carolina, North Carolina, Virginia, Charlotte, N.C, Honolulu, Dallas, London, Boston, Nashville, District of Columbia , Maryland, Pennsylvania
A New York real estate tax lawyer — who did work for former President Donald Trump decades ago — in 2011 purchased a shell company whose creators later became key investors in a mystery $100 million company that owns just a small New Jersey deli, records show. The shell companies were named in numerical sequence, starting with Europa Acquisition I and ending with Europa Acquisition VIII. "I know nothing about it," Schwartz chuckled after being told that key investors in Hometown International had created a shell company he once owned. "I had no doubt that I bought a quiet, clean shell company," Allan Schwartz said in a phone interview. The SEC had taken similar action for the same reason against most of the other Europa Acquisition shells years earlier.
Persons: , Donald Trump, Peter Reichard, Peter Coker Sr, Coker, Allan Schwartz —, Schwartz, Coker Sr, Reichard, Perdue, John Rottet, Peter Lee Coker mugshot, Bev Perdue, Vanderbilt, Paul Morina, Christine Lindemuth, George Worthy, Wade Unger, Joe Warner, USAToday, John Rollo, Gregg Jaclin, Gregory, Allan Schwartz, Wintahenderson Organizations: Google Earth Shell, Hometown, Securities and Exchange Commission, Europa, Trump, CNBC, Hometown International, Wake County Court, News, Observer, AP, International, SEC, The, Police Department, Democrat, Tryon Capital, Reichard, Tryon, Shell, Investments, Duke, Paulsboro High School, Bergen Catholic, Holdings, Marlin Financial, Wintahenderson Locations: Paulsboro, N.J, York, Jersey, North Carolina, Paulsboro , New Jersey, South Jersey, Wake County, Raleigh, N.C, Europa, Florida, The Florida, Raleigh , North Carolina, Allentown , Pennsylvania, Wake, United States, Hong Kong, Philadelphia, New Jersey, China, Nevada
SoftBank leads $1 bln investment in e-commerce company THG
  + stars: | 2021-05-10 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei KatoBeauty and lifestyle e-commerce company THG Plc (THG.L) has raised more than $1 billion in new equity, including $730 million from Japan's SoftBank Group (9984.T). THG owns beauty retailer Lookfantastic, makeup brand Illamasqua and beauty box service Glossybox, as well as supplements firm Myprotein. THG said it plans to spin THG Ingenuity, which provides e-commerce services to other companies, into a separate company within the next 15 months. If SoftBank exercises its option to invest $1.6 bln in that division, it would give the Japanese technology conglomerate a 19.9% interest in THG Ingenuity at a valuation of $6.3 billion.
Persons: Issei Kato, THG, SoftBank, Goldman Sachs Organizations: SoftBank, REUTERS, THG Plc, Bentley Laboratories, Barclays, Citigroup, Jefferies, Thomson Locations: Tokyo, Japan, Manchester, London, New Jersey
Colonial Pipeline/Handout via REUTERS./File PhotoThe attack on Colonial Pipeline last week was one of the most disruptive digital ransom schemes ever reported and has sent shockwaves across the industry. The southeastern United States would likely be the first to see price increases at retail pumps, and demand has already picked up as drivers fill regional storage tanks. Colonial said on Sunday it restarted some smaller lines between fuel terminals and customer delivery points but its main lines remained shut. It moves over 2.5 million barrels per day (bpd) of gasoline, diesel and jet fuel, supplying motorists and major airports. If the disruption stretches on, fuel suppliers would need to use trucks and rail to transport fuel to compensate.
Persons: cyberattack, , , Andrew Lipow, cybercriminals, Kinder Morgan Inc’s Organizations: YORK, U.S, Colonial Pipeline, REUTERS, White, Lipow Oil Associates, The Department of Transportation, Hartsfield, Jackson International, Reuters, ” RBC Capital Markets, Gulf Coast refiner Valero Energy Locations: Pipeline's Linden, Woodbridge , New Jersey, U.S, United States, Gulf Coast, Atlanta, East Coast
The cyberattack that forced the closure of the top U.S. fuel pipeline threatens to disrupt gasoline supplies for millions, as the conduit’s owner estimated Monday that restoring service would take at least through week’s end. Colonial Pipeline Co. said Monday it hoped to substantially restore service on the pipeline, which it shut Friday, by the end of this week. The Colonial Pipeline transports about 45% of the fuel consumed on the East Coast, according to the company’s website. DarkSide created the malicious code that resulted in the Colonial Pipeline’s shutdown, FBI officials said Monday. The organization is a relatively new hacking group that Western security researchers say is likely based in Eastern Europe, possibly in Russia.
Organizations: U.S, Colonial Pipeline, Federal Bureau of Investigation, Eastern, Colonial Pipeline Co, Energy Department Locations: Texas, New Jersey, East Coast, Eastern Europe, Russia
The ransomware attack on Colonial Pipeline Co. has hit an industry that largely lacks federal cybersecurity oversight, leading to uneven digital defenses against such hacks. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. Sen. Edward Markey, (D., Mass), called for beefing up the Transportation Security Administration, which assesses pipeline security and provides operators with voluntary guidelines. A 2019 Government Accountability Office report found that the agency’s pipeline security branch was short on staff and lacked cybersecurity expertise. Oil-and-gas companies see cybersecurity measures as a competitive advantage in the market, she said.
Persons: , John Cusimano, Cusimano, Jones Walker, Andy Lee, Mr, Lee, Tobias Whitney, , Sen, Edward Markey, Markey, White, Anne Neuberger, you’re, ” — Suzanne Lemieux, Neuberger, Suzanne Lemieux, ” Ms, Lemieux, David Uberti, Catherine Stupp Organizations: Colonial Pipeline Co, cybersecurity, U.S, U.S . Coast, North American Electric Reliability Corp, Fortress Information Security, Pipeline, Transportation Security Administration, Office, TSA, Infrastructure Security Agency, The Energy Department, White House, American Petroleum Institute The Energy Department, American Petroleum, National Institute of Standards, Technology Locations: East Coast, aeSolutions, U.S ., Gulf, New Jersey, U.S
WASHINGTON — A Russian criminal group may be responsible for a ransomware attack that shut down a major U.S. fuel pipeline, two sources familiar with the matter said Sunday. Commerce Secretary Gina Raimondo said Sunday that the White House was working to help Colonial Pipeline, the Georgia-based company that operates the pipeline, to restart its 5,500-mile network. The system, which runs from Texas to New Jersey, transports 45 percent of the East Coast's fuel supply. Agencies are planning for a number of scenarios in which the region's fuel supply takes a hit, the official said. On Saturday, Colonial Pipeline blamed the cyberattack on ransomware and said some of its information technology systems were affected.
Persons: WASHINGTON, Gina Raimondo, Raimondo, Andrew Rubin, Dmitri Alperovitch Organizations: Sunday, White, Colonial Pipeline, CBS, Energy Department, Kremlin, U.S, Silverado, Reuters Locations: Russian, U.S, Georgia, Texas, New Jersey, East, Russia, China, Iran
Fixed rates are starting lower than adjustable rates, and you'll lock in a low rate for the entire loan period. You'll probably see low mortgage rates for at least the next few months, so there's no need to rush to buy if you aren't ready. Today's mortgage rates: Monday, May 10, 2021Mortgage type Average rate today 15-year fixed 2.47% 30-year fixed 3.33% 7/1 ARM 4.16% 10/1 ARM 4.02% 30-year FHA 2.87% VA mortgage loan 2.69%Conventional rates from Money.com; government-backed rates from RedVentures. Ways to snag a low mortgage rateYou can lock in low mortgage or refinance rates today, as all rates are at striking lows. However, a 15-year fixed mortgage will be less expensive than a 30-year fixed mortgage.
Persons: You'll, We're, Laura Grace Tarpley, Ryan Wangman Organizations: ARM, Mortgage, FHA, Alabama Alaska, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode, South, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia, Finance Locations: Money.com, RedVentures, VA, Alabama, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi, Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon, South Carolina South Dakota Tennessee Utah Vermont, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West, South Carolina South Dakota Tennessee Utah Vermont Virginia Washington Washington DC West Virginia Wisconsin Wyoming
No Scrum for Seats. No Quiet-Car Brawls. Is This Really My Commute?
  + stars: | 2021-05-10 | by ( Dan Barry | Bryan Anselm | ) www.nytimes.com sentiment -0.99   time to read: 1 min
The eastbound train shuddered to a stop at the Maplewood station like a dog shaking off rain. In another time, dozens of the commute-hardened would have begun to board, heads down, shoulders angled, minds as focused on a particular seat as that of a rightful heir to a throne. But on this early-spring, late-pandemic morning in New Jersey, only a scattered few climbed aboard, every one of us masked. All that grounded the moment in normality was the lateness of the train. The blue seats were the same, the clouded windows, the air-conditioning hush; yet it felt as though I’d boarded a train in another country.
Persons: I’d Locations: Maplewood, New Jersey
The attack on Colonial Pipeline (COLPI.UL) last week was one of the most disruptive digital ransom schemes ever reported and has sent shockwaves across the industry. The resulting shutdown has disrupted fuel supply across the eastern United States, triggered isolated sales restrictions at retail pumps and pushed benchmark gasoline prices to a three-year high. The southeastern United States would likely be the first to see price increases at retail pumps, and demand has already picked up as drivers fill regional storage tanks. It moves over 2.5 million barrels per day (bpd) of gasoline, diesel and jet fuel, supplying motorists and major airports. Kinder Morgan Inc's (KMI.N) 720,000-bpd fuel pipeline had been working with customers to take on additional volumes since Friday and reached full capacity for May on Sunday, a spokeswoman for the company told Reuters.
Persons: cyberattack, Andrew Lipow, cybercriminals, Kinder Morgan Inc's Organizations: Colonial Pipeline, REUTERS, U.S, White, Lipow Oil Associates, Department of Transportation, Hartsfield, Jackson International, Reuters, RBC Capital Markets, Gulf Coast refiner Valero Energy, Thomson Locations: Pipeline's Linden, Woodbridge , New Jersey, U.S, United States, Gulf Coast, Atlanta, East Coast
Emergency legislation issued Sunday aims to aid fuel delivery following the Colonial Pipeline cyberattack. The US Department of Transportation (USDOT) has issued emergency legislation to help restore fuel supply after a ransomware attack Friday forced the country's largest fuel pipeline offline. FMCSA said the temporary exemption would help provide "necessary relief" after the "unanticipated shutdown" of the Colonial pipeline system. Colonial Pipeline, the largest US refined fuel pipeline operator, said Saturday it had been "the victim of a cybersecurity attack" that took some systems offline and forced it to temporarily halt operations along its 5,500 miles of pipeline "to contain the threat." He said that the temporary USDOT measures mean oil products can be shipped to New York in tankers, but in far smaller quantities than would ordinarily flow along the pipeline.
Persons: Joe Biden, FMCSA, USDOT, Gaurav Sharma, Sharma, Brooke Cooper, Cooper Organizations: Colonial Pipeline, BBC, US Department of Transportation, Federal Motor Carrier Safety Administration, JPMorgan, Service, District of, Fusion Risk Management Locations: East, Alabama , Arkansas, District, District of Columbia , Delaware, Florida, Georgia, Kentucky, Louisiana , Maryland , Mississippi , New Jersey , New York, North Carolina , Pennsylvania, South Carolina , Tennessee , Texas, Virginia, East Coast, Texas, New York, Suez
Factbox: Back to pubs, gyms and movies: plotting the road back to normal
  + stars: | 2021-05-10 | by ( ) www.reuters.com + 0.00   time to read: +4 min
Here are some of their plans, in alphabetical order:BRITAINNon-essential retailers in England reopened on April 12 along with pubs and restaurants operating outdoors. Restrictions are expected to be eased further on May 17, with the reopening of indoor hospitality, cinemas and sports halls. read morePrime Minister Boris Johnson hopes to lift restrictions entirely in June. ITALYItalian coffee bars, restaurants, cinemas and theatres partially reopened in most regions on April 26, and indoor dining will be allowed from June 1. From May 29, indoor dining, cinemas and theatres, indoor sports facilities and swimming pools will be allowed to open with capacity restrictions.
Persons: Gaia Squarci, Boris Johnson, Bill de Blasio, Ron DeSantis, Andrew Cuomo Organizations: REUTERS, STATES, New, Thomson Locations: Bushwick, Brooklyn , New York, U.S, BRITAIN, England, FRANCE France, France, GERMANY Germany, Bavaria, Lower Saxony, ITALY Italian, POLAND Poland, SAUDI ARABIA Saudi Arabia, SPAIN, Galicia, New York City, Florida, New York , New Jersey, Connecticut, New York
Holding tanks are seen at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S. in an undated photograph. Colonial Pipeline said Monday afternoon that parts of its system are being brought back online, and it hopes to restore service by the end of the week. Colonial Pipeline, which operates the largest fuel transmission line from the Gulf Coast to the Northeast, "halted all pipeline operations" on Friday night as a proactive measure following a ransomware cyberattack. A criminal group criminal group known as DarkSide was responsible for the attack, the FBI confirmed. The pipeline encompasses more than 5,500 miles and carries nearly half of the East Coast's fuel supply.
Persons: Darwei Kung Organizations: Colonial Pipeline, Department of Energy, Federal, DWS, FBI Locations: Pipeline's Linden, Woodbridge , New Jersey, U.S, Gulf, East, Atlanta, Baltimore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSecurity official explains the White House's response to Colonial Pipeline ransomware attackColonial Pipeline fell victim to a cybersecurity attack on Friday that involved ransomware, forcing it to temporarily shut down all pipeline operations. Colonial transports nearly half of the East Coast's fuel supply through a system that spans over 5,500 miles between Texas and New Jersey. Deputy National Security Advisor Elizabeth Sherwood-Randall spoke to White House reporters about how the Biden administration was addressing the situation.
Persons: Elizabeth Sherwood, Randall, Biden Organizations: Colonial Pipeline, Colonial, Deputy National, White House Locations: East, Texas, New Jersey
Holding tanks are seen at Colonial Pipeline's Linden Junction Tank Farm in Woodbridge, New Jersey, U.S. in an undated photograph. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY.//File PhotoU.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused by a cyber attack on the country's biggest fuel pipeline system. The ransomware attack forced Colonial Pipeline to shut down its entire system on Friday. read moreGas prices have risen 6 cents per gallon on the week, said the American Automobile Association. The average price stood at $2.967 for regular unleaded gasoline compared with $2.904 a week earlier, the AAA said.
Persons: Jeanette McGee, Tom Kloza, Patrick DeHaan Organizations: Colonial Pipeline, REUTERS, Colonial, American Automobile Association, AAA, Airlines, Oil Price Information Service, COVID, Motorists, Thomson Locations: Pipeline's Linden, Woodbridge , New Jersey, U.S, Gulf, United States, Mississippi , Tennessee, Georgia, Delaware, Florida , Georgia, Alabama, South Carolina, North Carolina, Tennessee
Covid-19 Live Updates: Pleas for Lockdown in India Grow
  + stars: | 2021-05-10 | by ( Karan Deep Singh | ) www.nytimes.com + 0.00   time to read: +20 min
Live Covid-19 Live Updates: Pleas for Lockdown in India Grow The Indian Medical Association calls for a lockdown to combat “agonizing crisis.” Experts say the illness will most likely become an ever-present threat globally. Calls for a national lockdown mount as India struggles to bring outbreak under control. Vaccinations so far have helped drive down positivity rates and hospitalizations across New York State, Mr. Cuomo said. Moderna plans to apply for full approval for its Covid-19 vaccine this month, the company said last week. On Monday, England, Scotland and Northern Ireland reported zero coronavirus deaths in a 24-hour period.
Persons: Anindito Mukherjee, Narendra Modi, Mr, Modi “, August —, Ashish K, Jha, Amr Alfiky, Andrew M, Cuomo, Johnson, , Bill de Blasio, BioNTech, de Blasio, Dave Chokshi, pediatricians, Michael Gold, Ishara, David Heymann, . Heymann, Michael Baker, Dr, Baker, trendline, ” Dr, Michael Merson, ” Madeleine Ngo, Boris Johnson, You’ll, they’ve, Dylan Martinez, , Sadiq Khan, Catherine Noakes, Stephen Fry, Toby Melville Organizations: Indian Medical Association, ., Ministry of Health, Institute for Health Metrics, Health Ministry, School of Public Health, Brown University, New York Times, Gov, Metro, North Railroad, Penn, Grand Central, North, Aquarium, Brooklyn Botanic Garden, State University of New, City University of New, Pfizer, U.S . Food, Drug Administration, Moderna, New York Islanders, National Hockey League, Agence France, Latin America, London School of Hygiene, Epidemiology Intelligence, Centers for Disease Control, World Health Organization, , Covid, University of Oxford, University of Otago, Zealanders, Duke University, Health, AIDS, British, Credit, Reuters, University of Leeds, Twitter, League, Chelsea, Manchester City, Champions League . Credit, Champions League, Premier League rivals Chelsea, Super Bowl, Wimbledon, City, Football Association, UEFA Locations: India, New Delhi, Covid, New York, St, Jamaica, Queens, Stillwell, Coney Island , Brooklyn, Long, Hempstead, Ossining, Manhattan, Metro, New Jersey, New York City, Brooklyn, New York State, State University of New York, City University of New York, U.S, Colombo, Sri Lanka, Asia, Latin, Brazil, Israel, East, Seychelles, Britain, Bhutan, United States, Africa, New Zealand, England, Scotland, Northern Ireland, Wales, London, Istanbul, Turkey, British
Police officers walk through Times Square in the Manhattan borough of New York City, New York, U.S., May 10, 2021. "We're putting additional NYPD resources in the Times Square area to add an extra measure of protection," de Blasio said. "It will be use of our CRC officers in Times Square. Among those wounded was a child from Brooklyn whose family brought her to Times Square to buy toys, said Police Commissioner Dermot Shea. It is an overwhelmingly safe city.
Persons: Carlo Allegri, Bill de Blasio, de Blasio, Dermot Shea, Shea, Blasio Organizations: REUTERS, New York, New York Police, Times, Police, Thomson Locations: Manhattan, New York City , New York, U.S, Brooklyn, Rhode, New Jersey, New York
Live Covid-19 Live Updates: Pleas for Lockdown in India Grow and W.H.O. Officials will use the Johnson & Johnson vaccine at the stations, Mr. Cuomo said. Vaccinations so far have helped drive down positivity rates and hospitalizations across New York State, Mr. Cuomo said. Moderna plans to apply for full approval for its Covid-19 vaccine this month, the company said last week. Mr. Johnson said that England was taking “the single biggest step” on its road out of lockdown, adding that the public should “protect these gains” by being cautious and using common sense.
Persons: Amr Alfiky, Andrew M, Cuomo, Johnson, , Bill de Blasio, BioNTech, Mr, de Blasio, Dave Chokshi, pediatricians, Michael Gold, Ishara, David Heymann, . Heymann, Michael Baker, Dr, Baker, trendline, ” Dr, Michael Merson, ” Madeleine Ngo, Boris Johnson, You’ll, they’ve, Dylan Martinez, , Sadiq Khan, Catherine Noakes, Stephen Fry Organizations: New York Times, Gov, Metro, North Railroad, Penn, Grand Central, North, Aquarium, Brooklyn Botanic Garden, State University of New, City University of New, Pfizer, U.S . Food, Drug Administration, Moderna, New York Islanders, National Hockey League, ., Agence France, Latin America, London School of Hygiene, Epidemiology Intelligence, Centers for Disease Control, World Health Organization, , Covid, University of Oxford, University of Otago, Zealanders, Duke University and New York University, Health, AIDS, British, Credit, Reuters, University of Leeds, Twitter Locations: India, . New York, St, New York, Jamaica, Queens, Stillwell, Coney Island , Brooklyn, Long, Hempstead, Ossining, Manhattan, Metro, New Jersey, New York City, Brooklyn, New York State, State University of New York, City University of New York, U.S, Colombo, Sri Lanka, Asia, Latin, Brazil, Israel, East, Seychelles, Britain, Bhutan, United States, Africa, New Zealand, England, Scotland, Northern Ireland, Wales, London
The combined company will be the largest US cannabis company by footprint and revenue. The Florida cannabis company said on Monday it will purchase Tempe, Arizona-based Harvest Health & Recreation in an all-stock deal that values Harvest at $2.1 billion. The deal will create the most profitable US cannabis company and one of the largest, rivaling industry leader Curaleaf. Once the deal closes, Trulieve will have operations in 11 states, including the leading market share in Arizona and Florida. Harvest is the largest cannabis retailer in the lucrative Arizona cannabis market.
Persons: Curaleaf, Trulieve, Robert Leidy, Leidy, Cantor Fitzgerald, Pablo Zuanic, Kim Rivers, Zuanic, Cowen, Vivien Azer, Azer, Jason Zandberg, Joshua Vann, Dan Ahrens, MSOS —, Ahrens, Morgan Paxhia, MSOs, Paxhia, Canaccord Genuity, DLA Piper, Bennett Jones, Troutman Pepper Organizations: Harvest Health, Recreation, Health, Capital Management, U.S, Trulieve, Service, Financial, Green Thumb Industries, Canadian, Asset Management, Fox Rothschild, Moelis, Company, Troutman, & $ Locations: Florida, Arizona, New York, Tempe , Arizona, West Virginia, Pennsylvania, New Jersey, NJ, NY, AZ, HARV, YOLO, Canada
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