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☆ Las Vegas hospitality unions see 'no real movement' in talks with casinos
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023. REUTERS/Bridget Bennett/File Photo Acquire Licensing RightsOct 6 (Reuters) - The unions representing 53,000 hospitality workers in Las Vegas said on Friday they have seen "no real movement" this week in contract negotiations with casino-resort operators MGM Resorts International (MGM.N) and Caesars Entertainment (CZR.O). "We met with MGM on Tuesday and Caesars on Wednesday and unfortunately, no real movement from these companies," said Culinary Union Secretary-Treasurer Ted Pappageorge. The unions are negotiating a new five-year contract at over 40 properties where the agreement has expired or is under extension. Reporting by Doyinsola Oladipo in New York and Shivansh Tiwary in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Bridget Bennett, Ted Pappageorge, Pappageorge, Doyinsola Oladipo, Shinjini Organizations: MGM, MGM Resorts, REUTERS, MGM Resorts International, Caesars Entertainment, Culinary Workers, Caesars, Culinary Union, Wynn Resorts, Reuters, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, New York, Bengaluru

The FBI is investigating the MGM and Caesars breaches, and the companies did not comment on who may be behind them. In some cases - Mandia did not say which ones - hackers tied to Scattered Spider placed bogus emergency calls to summon heavily armed police units to the homes of executives of targeted companies. ALPHV, which according to Mandiant is a "ransomware-as-a-service", would provide services such as a helpdesk, webpage and branding, and in turn get a cut of whatever Scattered Spider would make from the hack. While many ransomware attacks go unpublicised, the MGM hack was a vivid example of the real-world impact of such incidents. Ransomware gangs often function like large organizations, and continue to evolve their methods to adapt to the latest security measures organizations use.

Persons: Bridget Bennett, helpdesk, they’d, Wendi Whitmore, Adam Meyers, it's, Kevin Mandia, Mandiant, Reuters couldn't, CrowdStrike's Meyers, helpdesks, David Bradbury, they've, Bradbury, ALPHV, Okta's Bradbury, Whitmore, Zeba Siddiqui, Raphael Satter, Chris Sanders, Claudia Parsons Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, Alto Networks, Caesars Entertainment, FBI, Caesars, Google, Reuters, Microsoft, British, Thomson Locations: Las Vegas , Nevada, U.S, WASHINGTON, Canada, Japan, United States, reassign, Las Vegas, San Francisco, New York

☆ MGM says its hotels, casinos 'operating normally' after cyberattack
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +1 min

An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023. REUTERS/Bridget Bennett/File Photo Acquire Licensing RightsSept 20 (Reuters) - MGM Resorts (MGM.N) said on Wednesday that all its hotels and casinos were "operating normally" after it shut down some of its computer systems over cybersecurity issues earlier this month. "Mobile Check-In and Digital Keys are currently unavailable," MGM said on its website. Several security analysts have drawn attention to Scattered Spider over the past year for its social engineering tactics. Last week, the hacking group said it took six terabytes of data from the systems of multi-billion-dollar casino operators MGM Resorts and Caesars Entertainment (CZR.O), as both companies probed the breaches.

Persons: Bridget Bennett, Jefferies, Priyamvada, Pooja Desai Organizations: MGM, MGM Resorts, REUTERS, Reuters, Caesars Entertainment, Thomson Locations: Las Vegas , Nevada, U.S, Macau, Las Vegas, Bengaluru

☆ Hackers who breached casino giants MGM, Caesars also hit 3 other firms, Okta says
▼ + stars: | 2023-09-19 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +3 min

David Bradbury, chief security officer of the identity management company Okta, said five of the company's clients, including MGM and Caesars, had fallen victim to hacking groups known as ALPHV and Scattered Spider since August. In an interview with Reuters, Bradbury didn't name the other companies, but said Okta was cooperating with official investigations into the breaches. "We've seen consistently over the past six to 12 months, a ramp up in these types of attacks," Bradbury said. Bradbury said the group had breached into MGM and obtained access to its Okta client, which allowed it further access to more credentials in the identity management firm's system. Bradbury said Mandiant's description of the group's tactics aligned with what Okta had observed in the recent hacks.

Persons: Bridget Bennett, David Bradbury, Bradbury didn't, Okta, Bradbury, We've, ALPHV, Google's, Zeba Siddiqui, Michael Perry Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, MGM Resorts International, Caesars Entertainment, Caesars, Reuters, Google's Mandiant Intelligence, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Macau, San Francisco, United States

☆ Why some salads may be unsafe
▼ + stars: | 2023-08-03 | by ( Kirsi Goldynia | ) edition.cnn.com time to read: +16 min

Even harder to contend with is the fact that the food products most susceptible to contamination are often those we eat for their health benefits – produce items. “Produce led the list; about 46% of the foodborne illness that we saw in the US could be attributable to produce. But you bring up a really great point that the processing of packaged meats may actually protect the products from pathogens. I think water is going to emerge as a huge issue. I think we’ve got systems in place that do a good job of making sure that consumers are getting good products.

Persons: Dr, Catherine Donnelly, Listeria, ”, Donnelly, “ Produce, ” That’s, –, ” Donnelly, I’m, we’ve, Edwin Remsberg, they’re, there’s, Barack Obama’s, Bridget Bennett, Vibrio, Facebook There’s Organizations: CNN, Department of Nutrition, Food Sciences, University of Vermont, US Centers for Disease Control, CDC, “, Food and Drug Administration, FDA, US Department of Agriculture, Getty, Bloomberg, Twitter, Facebook Locations: Western Washington, Cronobacter, Michigan, KFF, Vermont, hydroponics

Kelly Vaillancourt Strobach, director of policy and advocacy at the National Association of School Psychologists, said mental-health coordination programs such as Care Solace aren’t as good as having people in a school building who can provide on-the-spot help. She said that while Nevada is trying to improve, it has “one of the worst shortages of school psychologists, school counselors, school social workers in the country.” A spokeswoman for the Nevada Department of Education declined to comment.

Persons: Kelly Vaillancourt Strobach, ” Organizations: National Association of School, Nevada Department of Education Locations: Nevada

☆ ‘There Were Fists Everywhere.’ Violence Against Teachers Is on the Rise.
▼ + stars: | 2023-06-04 | by ( Scott Calvert | Photographs Bridget Bennett For The Wall Street Journal | ) www.wsj.com time to read: 1 min

SPARKS, Nev.—When English teacher Lauren Forbus saw three students at her middle school sneak in through an exit-only door, she stood in the hall with outstretched arms and told them to turn around. Instead, she said, they cursed at her and told her to move.

Persons: SPARKS, Nev, Lauren Forbus

When General Motors began outlining plans in 2020 to fully switch to electric vehicles, it didn’t account for one critical factor: Many of the battery minerals needed to fulfill its plans were still in the ground. “I remember seeing a report from our raw-materials team at the time saying, ‘There is plenty of lithium out there. There is plenty of nickel’,” said Sham Kunjur , an industrial engineer now in charge of securing the raw materials for GM’s batteries. “We will buy them from the open market.”

☆ Who are zillennials?
▼ + stars: | 2023-05-10 | by ( Terry Ward | ) edition.cnn.com time to read: +8 min

Along the blurry edge at the cusp of the two generations, between Gen Y and Z, is where zillennials live. Zillennials straddle the generations of millennials, who are considered digital pioneers, and Gen Z, who are considered digital natives who never knew life before screens. While zillennials often feel they don’t fit in with either Gen Z or millennials, Dorsey said the middle zone they occupy has its own advantages. His firm’s research has shown Gen Z to be more connected to social causes than millennials, with zillennials similarly more interested than millennials when it comes to social issues. From a young age, zillennials have learned the effects of climate change, said Carr.

☆ AMD beats on the top and bottom lines but is still a second-half story. Here's why
▼ + stars: | 2023-05-02 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The good news: Advanced Micro Devices (AMD) first-quarter beat on Tuesday revealed a likely bottom in its struggling PC business. The not-as-good: The chipmaker won't resume the kind of growth we're used to until the second half of the year. Here's why: Management sees some "modest" data center growth in the second quarter, but demand remains suppressed as a result of ongoing cloud optimization efforts. Outlook AMD provided an outlook for the second quarter of 2023 that was slightly below expectations. Ultimately management expects sequential growth in client and data center to be offset by "modest declines" in gaming and embedded.

☆ AMD delivers a Q4 beat amid industry headwinds, validating the Club investment case
▼ + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

But the deal was ultimately necessary for AMD, as it helped it expand its data center business, boost margins, and further diversify away from PCs. Bottom line Despite facing industry-wide headwinds, including a chip glut and soft PC demand, AMD managed to outperform low expectations. Q4 segment results Data center revenues increased 42% but were a little softer than what analysts had forecasted. Sequentially, embedded revenues are expected to increase, providing some upside, while gaming and PC revenues are expected to decline, consistent with seasonality. No specific financial guidance was provided for the full year of 2023, but management expects the data center and embedded segments to grow year-over-year.

☆ What Cramer is watching Monday — two AMD upgrades, Microsoft hesitancy, Alzheimer's results
▼ + stars: | 2022-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Baird upgrades Advance Micro Devices (AMD) to outperform from neutral (buy from hold) and raises price target to $100 per share from $65. UBS goes to a buy from neutral as well and raises price target to $95 from $75. Oppenheimer cuts price target on Club holding Nvidia (NVDA) to $225 per share from $250. Credit Suisse analyst Scott Deuschle assumes coverage on Honeywell (HON) with a neutral rating and a $202-per-share price target. Good for Club holding Eli Lily (LLY) and Biogen (BIIB), which are each working on separate experiment treatments for the disease.

☆ Democrats struggle with message on inflation in final midterm push
▼ + stars: | 2022-10-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +10 min

“What is our message about why inflation is going to be worse if Republicans win?” Rep. Ro Khanna, D-Calif., told NBC News in an interview. Even as President Joe Biden and some candidates sharpen their focus on inflation, many Democrats are worried it may be coming too late. “Ads for both parties discussed inflation during the early summer, but since then, pro-Democratic ads have avoided mentions of inflation while pro-Republican ads have increased their discussion of inflation,” the researchers wrote. Economic issues are hitting voters particularly hard in states where Democrats’ control of the Senate hangs in the balance, including Arizona, Georgia and Nevada. In campaign appearances and ads, she’s frequently attempted to explain to voters that the Inflation Reduction Act will lower costs for voters.

The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. The tie-up comes during a challenging time in the grocery industry. The grocery industry is highly fragmented. Albertsons’ share was about 5%. Consolidation in the grocery industry has not historically paid off in the form of higher profits, he said.

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