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☆ Timeline: How the CrowdStrike outage unfolded
▼ + stars: | 2024-07-20 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +10 min

Washington, DC, public transportation services — including trains and buses — begin experiencing delays, according to the Washington Metropolitan Area Transit Authority. At 5:30 a.m., US cybersecurity firm CrowdStrike tells customers that it was “aware of reports of crashes” of its software on Microsoft Windows operating systems, according to a company advisory viewed by CNN. Australian lenders ANZ and Westpac were also impacted, according to Downdetector, a website that tracks cyber outages. Other states also report impacts to their driving services, including Georgia, North Carolina, Texas and Tennessee. CrowdStrike would take steps “to prevent anything like this from happening again,” according to a statement on the company’s website.

Persons: Ted Wheeler, they’re, We’re, Charlotte, Biden, Joe Biden, George Kurtz, ”, Brigham, Dana, Blood, Andrea Cefarelli, Jenny Ficenec, “, Kurtz, CrowdStrike Organizations: New, New York CNN, Federal Aviation Administration, American Airlines, FAA, Allegiant Airlines, Spirit Airlines, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, Microsoft, CNN, CrowdStrike’s, Fortune, White, National Security, Global, Australia’s Commonwealth Bank, Bank of Israel, ANZ, Westpac, ASB Bank . Portland, Emergency, Dispatch, United Airlines, Air Lines, Hartsfield Jackson International, Charlotte Douglas International Airport, ”, Miami International Airport, Customs, Border, Alaska State Troopers, Phoenix Police Department, Computer, Police, Rescue, Federal Communications Commission, US Department of Homeland Security, CrowdStrike, Social, US Department of Justice, UPS, FedEx, Massachusetts Department of Transportation, Vehicle, Mass, Penn Medicine, Northwell, Emory Healthcare, Farber Cancer Institute, Memorial Sloan Kettering Cancer Center, Provincial Health Services Authority, New York Blood Center, Northeast, Centers of America, Assurance Locations: New York, Alaska, Arizona, Delta, United, Washington, DC, New York City, North, Georgia, North Carolina , Texas, Tennessee, Massachusetts, Pennsylvania, Atlanta, Boston, British Columbia, New, Northeast United States, North Carolina, Virginia

☆ Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls
▼ + stars: | 2024-05-22 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined $10,000 by U.S. District Court Judge Sim Lake in Houston on Monday. The prison sentence was at the bottom end of the 24-to-30-month range requested by federal prosecutors. His purchases started after he secretly listened to his wife's work calls about BP buying TravelCenters and later discussed the deal with her in "normal" married-couple kinds of conversations, according to court records. Loudon's wife, who was not accused of wrongdoing, reported his actions to her BP supervisor, but she ended up getting fired later, court records show.

Persons: eavesdropped, Tyler Loudon, Sim Lake, Loudon's, Peter Zeidenberg, Lake, Loudon, Mr, Tyler, Zeidenberg Organizations: U.S, BP, Industry, Authority, CNBC Locations: Houston, Loudon, TravelCenters, America

☆ Texas man eavesdropping on wife’s phone calls faces criminal charges — and divorce — after $1.76 million insider trading plot
▼ + stars: | 2024-02-26 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —A Texas man is facing insider trading charges and jail time after he used information gleaned from eavesdropping on his wife’s work-from-home calls, netting him $1.76 million from an upcoming oil industry acquisition. Loudon purchased 46,450 shares of TravelCenters stock after learning of the impending merger, according to an SEC filing. When the share price popped 71% following the announcement, he sold all of his shares, raking in more than $1.76 million. The SEC’s complaint, filed in the US District Court for the Southern District of Texas, charges Loudon with violating the antifraud components of federal securities laws. She reported the trading to her supervisor and was later terminated from the company, according to the filing.

Persons: New York CNN —, Tyler Loudon, “, Loudon, ”, Eric Werner, “ Mr, Peter Zeidenberg, Roth Organizations: New, New York CNN, The Securities, Exchange Commission, SEC, Fort, Court, Southern, Southern District of, US, Office, CNN Locations: New York, Texas, Houston, Fort Worth, Southern District, Southern District of Texas

☆ BP exec's husband guilty of insider trading $1.8 million, snooped on her calls
▼ + stars: | 2024-02-25 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

The SEC said that Loudon's wife acknowledged occasionally discussing the acquisition with her husband in "normal" married-couple types of conversations. But over the next few months, Loudon, without telling his wife, accumulated 46,450 shares of TravelCenters, according to the U.S. attorney's office. But in March, the Financial Industry Regulatory Authority requested from BP a list of people who were "in the know" about the TravelCenters acquisition before it happened. "Loudon's wife responded that they would." Loudon's wife reported her husband's insider trading to her BP supervisor but she was later fired from the company.

Persons: Tyler Loudon, Alamdar Hamdani, Loudon, Mr, Peter Zeidenberg, Loudon's, Roth, TravelCenters Organizations: BP, Southern District of Texas, Securities and Exchange Commission, CNBC, Authorities, TravelCenters, SEC, Roth IRA, Financial Industry, Authority Locations: Southend, United Kingdom, America, Houston, Southern District, Loudon, Rome, TravelCenters

☆ Texas man guilty of making $1.8M after eavesdropping on his wife's work calls as they worked from home
▼ + stars: | 2024-02-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Read previewA Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home. AdvertisementThe regulator said that Loudon purchased 46,450 shares of TravelCenters stock without his wife's knowledge before the deal was announced. It alleged that he "took advantage of his remote working conditions and his wife's trust to profit from information he knew was confidential." He told her he did it because he didn't want her to work long hours anymore, said the SEC complaint. The SEC noted that Loudon had not denied the allegations and had agreed to a partial judgment subject to court approval.

Persons: —, Tyler Loudon, Alamdar, Hamdani, Loudon, scrutinizing, didn't Organizations: Service, BP, Business, Securities, Exchange Commission, SEC Locations: TravelCenters, Loudon

☆ BP buys $100 million worth of Tesla chargers
▼ + stars: | 2023-10-26 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +1 min

CNN —Oil and gas company BP has agreed to purchase $100 million worth of electric vehicle chargers from Tesla. This marks the first time Tesla has ever sold chargers to another company, according to an announcement from BP. BP will begin installing the chargers next year, but no specific number of chargers was mentioned in the announcement. These chargers won’t look like other Tesla chargers, though. BP Pulse, BP’s EV charging business, operates 27,000 charging points currently and has announced plans for rapid expansion.

Persons: Tesla Organizations: CNN —, BP, Tesla, CCS, Amoco, Hertz, EV Locations: America

☆ Tesla gets $100 mln US ultra-fast charger order from BP EV charging unit
▼ + stars: | 2023-10-26 | by ( Nick Carey | ) www.reuters.com time to read: +1 min

LONDON, Oct 26 (Reuters) - BP's (BP.L) electric vehicle charger unit is ordering $100 million worth of Tesla (TSLA.O) ultra-fast chargers for rollout in the United States, the first deployment of Tesla's chargers on an independent network, the companies said on Thursday. "Selling our fast-charging hardware is a new step for us, and one we're looking to expand," Tesla's senior director for charging infrastructure Rebecca Tinucci said in a statement. "(This) is a major step forward in our ambitions for high speed, open access charging infrastructure in the U.S.," BP Pulse global CEO Richard Bartlett said. The 250 kilowatt BP Pulse-branded chargers will be compatible with both Tesla's North American Charging Standard (NACS) and Combined Charging System (CCS) connectors enabling the charging of EV models from other carmakers. Automakers have been moving to adopt Tesla's NACS, taking the Elon Musk-led company's superchargers closer to becoming the industry standard at the expense of the rival CCS.

Persons: Tesla, Rebecca Tinucci, BP, Richard Bartlett, Tesla's, Elon, company's superchargers, Nick Carey, Kirsten Donovan Organizations: BP, EV, Travel Centers of America, Amoco, Hertz, CCS, Thomson Locations: United States, Houston, Phoenix, Los Angeles, Chicago, Washington, U.S

☆ Exclusive-Biden Officials Kept Immigration Jails Despite Internal Cost Concerns
▼ + stars: | 2023-09-27 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +6 min

But ICE ultimately only ended contracts with two of the detention centers flagged in the memo. Six of the nine detention centers identified in the August 2022 memo were operated by private companies. U.S. President Joe Biden promised during the 2020 campaign to reform immigration detention and cut out for-profit companies. The lawsuit cites ICE contracting reports that said Torrance staffing shortages impacted safety, security and care. The Biden administration has held more migrants in ICE detention in recent months following the mid-May implementation of stricter asylum rules.

Persons: Ted Hesson, Alejandro Mayorkas, Joe Biden, Biden, There's, Torrance, Jenny Burke, CoreCivic, Brian Todd, Rebecca Sheff, Christopher Ferreira, Kristina Cooke, Mica Rosenberg, Suzanne Goldenberg Organizations: Biden, Immigration, Customs Enforcement, Reuters, ICE, Homeland, U.S, Residential Center, American Civil Liberties Union, ACLU, ICE Processing, GEO Group, Immigration Centers of America, GEO, ICA Locations: Torrance, New Mexico, U.S, Mexico, Albuquerque, Berks, Pennsylvania, Yuba County Jail, California, Yuba, Farmville, Virginia, COVID, Adelanto, San Francisco, New York City

[1/7] A general view of the Torrance County Detention Facility, where migrants are housed, in Estancia, New Mexico, U.S., September 21, 2023. But ICE ultimately only ended contracts with two of the detention centers flagged in the memo. Six of the nine detention centers identified in the August 2022 memo were operated by private companies. The lawsuit cites ICE contracting reports that said Torrance staffing shortages impacted safety, security and care. The Biden administration has held more migrants in ICE detention in recent months following the mid-May implementation of stricter asylum rules.

Persons: Adria Malcolm, Alejandro Mayorkas, Joe Biden, Biden, There's, Torrance, Jenny Burke, CoreCivic, Brian Todd, Rebecca Sheff, Christopher Ferreira, Ted Hesson, Kristina Cooke, Mica Rosenberg, Suzanne Goldenberg Organizations: REUTERS, Adria, Biden, Immigration, Customs Enforcement, Reuters, ICE, Reuters Graphics Reuters, Homeland, U.S, Residential Center, American Civil Liberties Union, ACLU, ICE Processing, GEO Group, Immigration Centers of America, GEO, ICA, Thomson Locations: Torrance, Estancia , New Mexico, U.S, New Mexico, Mexico, Albuquerque, Berks, Pennsylvania, Yuba County Jail, California, Yuba, Farmville, Virginia, COVID, Adelanto, San Francisco, New York City

☆ BP’s Fuel Station Deal Meets Inconvenient Bid
▼ + stars: | 2023-04-06 | by ( Jinjoo Lee | ) www.wsj.com time to read: +1 min

Travel Center of America shareholders will vote on the matter on May 10. TravelCenters, though, wants to stick with BP’s lower bid. Depending on whom you ask, it is either playing it safe or catering to one conflicted shareholder, shortchanging the majority. About a month later, fuel station operator ARKO emerged with an unsolicited rival bid of $92 a share. Investors will get to vote on the matter on May 10, according to TravelCenters’ proxy filed on Monday.

☆ Big Oil Prepares for Upheaval at the Gas Station
▼ + stars: | 2023-03-17 | by ( Carol Ryan | ) www.wsj.com time to read: 1 min

Electric vehicles are a small but growing share of cars on the road. Energy companies already need to prepare for how they will change the gas station. On Thursday, Paris-listed TotalEnergies agreed to sell around 2,200 gas stations in Europe to Canadian convenience-store company Alimentation Couche-Tard for €3.1 billion, worth $3.3 billion at current exchange rates. It is the second big deal in this space this year. BP paid $1.3 billion for TravelCenters of America in February, which has 280 locations on U.S. highways.

☆ BP to buy TravelCenters of America for $1.3 billion
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - TravelCenters of America Inc (TA.O) said on Thursday it would be acquired by BP Plc (BP.L) for about $1.3 billion in cash, as the British energy giant looks to expand its travel convenience and fuel supply footprint in the United States. BP has offered $86 per TravelCenters share held, which represents a 74% premium to the stock's last close on Wednesday. TravelCenters owns a network of about 281 highway sites across 44 states and offers services including diesel and gasoline fuel, truck maintenance and repair, restaurants, travel stores, and parking. Convenience is one of BP's five strategic transition growth engines. By 2030, the London-listed aims for around half its annual investment to go into these transition growth engines.

☆ BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - BP Plc (BP.L) will buy truck fueling provider TravelCenters of America Inc (TA.O) for about $1.3 billion in cash, the companies said on Thursday, as the British energy giant seeks to expand its travel convenience and fuel supply footprint in the country. Shares of the U.S. truck stop operator surged about 71% to $84.3 in morning trading, hovering near BP's per share offer of $86. TravelCenters owns a network of about 281 highway sites across 44 states and offers services including diesel and gasoline fuel, truck maintenance and repair, restaurants, travel stores, and parking. BP has been pushing to boost its investments in convenience, bioenergy and EV charging. By 2030, the London-listed company aims for around half its annual investment to go into these transition growth engines.

☆ Factbox: Potential winners and losers from the new U.S. EV charging standards
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +5 min

EV CHARGING COMPANIES: Many, including Volkswagen's (VOWG_p.DE) Electrify America, ChargePoint(CHPT.N) and EVGo (EVGO.O), will accelerate the rollout of chargers due to the federal funding. U.S. EV AUTO SECTOR: The rollout of more charging stations will encourage EV adoption in the United States. INTERSTATE HIGHWAY REST STOPS: They could see an influx of investment as companies establish charging stations along heavily traveled routes. TESLA: Under the new charging standards, the White House said EV market leader Tesla (TSLA.O) has agreed to open part of its U.S. charging network to EVs made by rivals. EV CHARGING COMPANIES: While the charging companies get financial support in their expansion efforts, only a handful of the dozen who commented to the Biden administration ahead of Wednesday's announcement said that they could meet the "Buy American" standards under the proposed timelines.

☆ TravelCenters of America to Add EV Fast-Charger Stations
▼ + stars: | 2023-01-30 | by ( Jennifer Hiller | ) www.wsj.com time to read: 1 min

While most EV charging takes several hours at home, fast chargers can repower a car battery in about 30 minutes. TravelCenters of America Inc. and Electrify America LLC plan to build around 1,000 electric-vehicle fast chargers across the U.S. starting this year, the latest matchup that would boost the amount of equipment available to American EV drivers who need a jolt of power on road trips. The partnership aims to add fast-charging stalls to around 200 of TravelCenters’ TA and Petro Stopping Centers. Fast chargers available to drivers of any kind of EV are in short supply across U.S. highways, where their presence is considered key to greater EV adoption as auto makers convert fleets to electric.

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