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Oct 17, 2014
10/14
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j.p. morgan chase wants $1 billion in taxpayer help. the same j.p. morgan chase posted a $5.6 billion third quarter. third quarter profit. will j.p. get the taxpayer assist? quote, there is no way that the city would entertain a demand for $1 billion in additional incentives, a deputy mayor told the times. but said deputy mayor added we are willing to engage in a dialogue in how we can be helpful in making a move more feasible. less than a billion but something that will make the move more feasible. we'll be watching. >>> why has accepting the facts of climate change become blasphemy in the g.o.p.? we will discuss grand old denialism coming up next. it's going to cost me an arm and a leg. that's hilarious. i'm sorry. you shoulda taken it to midas. get some of that midas touch. they'll tell you what stuff needs fixing, and what stuff can wait. all right. next time i'm going to midas. high-five! arg! did not see that coming. [ male announcer ] get the midas touch maintenance package including an oil change for only $24.99. and here's a deal, use your mi
j.p. morgan chase wants $1 billion in taxpayer help. the same j.p. morgan chase posted a $5.6 billion third quarter. third quarter profit. will j.p. get the taxpayer assist? quote, there is no way that the city would entertain a demand for $1 billion in additional incentives, a deputy mayor told the times. but said deputy mayor added we are willing to engage in a dialogue in how we can be helpful in making a move more feasible. less than a billion but something that will make the move more...
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Oct 3, 2014
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j.p. morgan chase, it was 7 million small business accounts as well. here is a statement from j.p. morgan trying to allay concerns. we found out about this because we had to put it in a regulatory filing that went live last night. here is the statement from the company. "there is no evidence that the account information, account numbers, passwords, user id's -- here is what was taken. a phone number and an address as well as an e-mail address. now the danger is about phishing , trying to get these people to give up sensitive information. internal data identifying companies i recommend that was also taken. crucially, no passwords. that is the message that j.p. morgan chase is trying to get out. this data is secure. it was a breach. now the question, what do they do to make sure that future breaches don't happen and how to have a customer concerns. nobody likes the idea of their data being compromised. flex impact on j.p. morgan? share price, etc.? >> after-hours trading dropped just a little bit. it will be interesting to see. target was obviously affected. target you could argue had
j.p. morgan chase, it was 7 million small business accounts as well. here is a statement from j.p. morgan trying to allay concerns. we found out about this because we had to put it in a regulatory filing that went live last night. here is the statement from the company. "there is no evidence that the account information, account numbers, passwords, user id's -- here is what was taken. a phone number and an address as well as an e-mail address. now the danger is about phishing , trying to...
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Oct 3, 2014
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j.p. morgan chase hack was one of the biggest cyber crimes in history. 76 million u.s. households compromise, and we now know how. hackers broke in with the name and password of a single j.p. morgan chase employee. are there lessons for other businesses? we will explore. some amazon warehouse workers are required to wait in long lines to go through security checkpoints at the end of their shift. should they be paid for this time? the print court will take up this issue. we will have a look at what this means for amazon, and why businesses are lining up to oppose this. hollywood has been making books into movies for decades, perhaps never more so than right now. more than two dozen films based on books will hit big screen this fall. if you liked the book, would you love the movie? and how is technology accelerating this trend? it is one of the largest cyberattacks ever. j.p. morgan chase discloses the size of its data breach. the bank says the data on 76 million households, and 7 million small businesses were accessed. of all u.s.6% households were affected. the reach aff
j.p. morgan chase hack was one of the biggest cyber crimes in history. 76 million u.s. households compromise, and we now know how. hackers broke in with the name and password of a single j.p. morgan chase employee. are there lessons for other businesses? we will explore. some amazon warehouse workers are required to wait in long lines to go through security checkpoints at the end of their shift. should they be paid for this time? the print court will take up this issue. we will have a look at...
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Oct 3, 2014
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j.p. morgan chase county might be part of the newly reported major security breach.ews at 6 will be right back. >> : ♪(themstan! ! !om cheers) hey guys! stan the man! hey, how's it goin stan? can i get $55 on pump three? you got it, stan! gas stations. just that. where nobody knows your name. the chevrolet cruze eco. with an epa estimated 42 miles per gallon highway. it's the new efficient. dialed cases now in the hands of senate cleared his attorney d.a.'s office set up this tweed saying it's received from saddam is a police department now prosecutors to decide what charges if any to pursue against mcdonald's. 49ers defensive end arrested in late august for a domestic incident at his home involving pregnant fiancee. the team not disciplined mcdonnell saying that legal process ne play itself out first and mcdonald's is expected to play this sunday against the kansas city it. still ahead police looking for purse snatcher what makes the suspect a different is where she's been striking and santa rosa. j.p. morgan chase revealing just how massive and security breach is t
j.p. morgan chase county might be part of the newly reported major security breach.ews at 6 will be right back. >> : ♪(themstan! ! !om cheers) hey guys! stan the man! hey, how's it goin stan? can i get $55 on pump three? you got it, stan! gas stations. just that. where nobody knows your name. the chevrolet cruze eco. with an epa estimated 42 miles per gallon highway. it's the new efficient. dialed cases now in the hands of senate cleared his attorney d.a.'s office set up this tweed...
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Oct 30, 2014
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j.p. morgan chase. always good to talk to you.nk you. >> likewise. >> a little later, a topline boeing executive weighs in on that orbital sciences rocket that exploded right after launch. we continue in a moment. ♪ inspired by halloween, our julie hyman is looking at the spookiest stories and corporate america. you have a lot to pick from, don't you? from a balance sheet respect. this hour, we focused on sears, which has been called out as a near dead retailer for quite a while now. that's an understatement. the company got a lifeline, though. >> the company has been getting very a slides of financing from its owner, and now, it is getting yet another. the company is doing a rights offering, and eddie lambert is going to be one of the major subscribers to it. once all of this is said and done, he is going to be accounting for about 48.5% of once this is all finished. it's a little bit of an unusual rights offering, and that is because it is partly in bonds, which will cost subscribers $500 a piece. they pay out 8%, and then there
j.p. morgan chase. always good to talk to you.nk you. >> likewise. >> a little later, a topline boeing executive weighs in on that orbital sciences rocket that exploded right after launch. we continue in a moment. ♪ inspired by halloween, our julie hyman is looking at the spookiest stories and corporate america. you have a lot to pick from, don't you? from a balance sheet respect. this hour, we focused on sears, which has been called out as a near dead retailer for quite a while...
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Oct 14, 2014
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j.p. morgan, chase, citigroup and wells fargo reported third quarter earnings. j.p. morning reported a third quarter profit of $5.6 billion in the third quarter alone. s citigroup reported third quarter profit of $3.4 billion. wells fargo which remains under investigation by the doj, posted third quarter profit of $5.7 billion. bank of america will release its results tomorrow. that's all for tomorrow. the ed show is up next. >>> good evening americans and welcome to the ed show, live from new york. let's get to work. >> i do believe that our states know best how to protect their nar natural resources. >> sound bites have consequences. >> no kidding. >> you're saying you don't want clean air. >> we are in the middle of the mid-west window. >> we need the next senator to support fuel standards. >> i stood against big oil interest. >> i grew up on iowa farm. let's make them squeal. >> a
j.p. morgan, chase, citigroup and wells fargo reported third quarter earnings. j.p. morning reported a third quarter profit of $5.6 billion in the third quarter alone. s citigroup reported third quarter profit of $3.4 billion. wells fargo which remains under investigation by the doj, posted third quarter profit of $5.7 billion. bank of america will release its results tomorrow. that's all for tomorrow. the ed show is up next. >>> good evening americans and welcome to the ed show, live...
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Oct 5, 2014
10/14
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j.p. morgan chase that compromised millions of accounts. peculations as retaliation against u.s. sanctions on russian -- russia. the hackers got contact information on 83 million accounts, including names and address -- addresses. j.p. morgan says they did not get access to any information about -- like birthdays or social security numbers. >>> general motors is recalling more than 63 million cars in north america. the carsxp]p pontiac g8's from 2008 to 2009, and she have pay premiers from 2008 to -- 20062 -- 2006 to 2009. >>> another recall is covering more than 10000 cadillac cs cs -- cts-c /stkapbdz /stkapbdz -- /stkapbz from 2004 to 2006, and 2007 model of the stsz -- z's. >>> no crashes or injuries have been caused by the problem. >> coming up on kron 4 newsweek end, an author is here, talking about how she beat breast center -- cancer, and how other women suffering can stay positive. >> and we take this live look outside, erica has the forecast when we come back. hey john check it out. whoa! yeah i was testing to see if we really can t
j.p. morgan chase that compromised millions of accounts. peculations as retaliation against u.s. sanctions on russian -- russia. the hackers got contact information on 83 million accounts, including names and address -- addresses. j.p. morgan says they did not get access to any information about -- like birthdays or social security numbers. >>> general motors is recalling more than 63 million cars in north america. the carsxp]p pontiac g8's from 2008 to 2009, and she have pay premiers...
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Oct 3, 2014
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j.p. morgan chase. how many are affected and what you need to do if you are one of them. enterooncerns about i virus. >> if you have any kind of parking issue, you will want to see this story. an improperly installed parking sign >> and all started with a sign posted incorrectly and led to a parking ticket at an accident. a northwest washington resident said that he got the ticket wiped away but he was stuck with the bill after his car was hit by a bus. >> as hard as it is to find parking in washington -- >> were over four years i have parked on the street. >> usually had a spot, right in front of his apartment. until that horrible day in august. day and i ticket that got my car hit. >> according to public records, metro paving corporation installed no parking signs on history and did so without giving public notice. soon after that, an officer ticketed his vehicle. moments later, it a bus hit his end damage.front >> is extremely frustrating when you don't have an advocate on your side. >> he said that his insurance paid for the damage but he has to pick up the deductible
j.p. morgan chase. how many are affected and what you need to do if you are one of them. enterooncerns about i virus. >> if you have any kind of parking issue, you will want to see this story. an improperly installed parking sign >> and all started with a sign posted incorrectly and led to a parking ticket at an accident. a northwest washington resident said that he got the ticket wiped away but he was stuck with the bill after his car was hit by a bus. >> as hard as it is to...
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j.p. morgan chase this summer along with 7 million small businesses.mitted to breach yesterday, one of the worst ever and exponentially larger than the initial estimate. jpmorgan claimed 1 million accounts were affected. this is the latest of major security breaches at corporate giants. 56 million credit card numbers were stolen from home depot. 145 million ebay personal records were compromised. and 110 million people were attacked using their cards at target. j.p. morgan chase says there is no evidence that social security numbers were compromised but is it a serious blow for a banking sector which supposedly fortress-like protection. this is really a slap in the face of the american financial services system. honestly, this is a crisis point. we are still awaiting a press briefing from senior administration officials on the ebola outbreak we will bring that to you live just ahead on "now." ♪ ♪ ♪ ♪ ♪ great rates for great rides. geico motorcycle, see how much you could save. >>> senior administration officials are beginning a briefing on ebola right
j.p. morgan chase this summer along with 7 million small businesses.mitted to breach yesterday, one of the worst ever and exponentially larger than the initial estimate. jpmorgan claimed 1 million accounts were affected. this is the latest of major security breaches at corporate giants. 56 million credit card numbers were stolen from home depot. 145 million ebay personal records were compromised. and 110 million people were attacked using their cards at target. j.p. morgan chase says there is...
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Oct 9, 2014
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j.p. morgan chase and citigroup face wall street facets shrinking bonus pool. j.p. evenue has fallen 14% this year. >> josh rosner with us. i have got tuition to pay. it is not working. >> at the end of the day, it is working for management. >> it is working for regulators. >> it is not working at the business model. >> $22,000 for fourth grade at whatever school and you are delaying my bonus. >> forcing me to abandon most of it if i end up going elsewhere. >> thank you. i do not mean to interrupt. >> does the school consider taking a pledge of stock? >> i don't think so. >> they will not take the delay. banks beings us to in the crosshairs. for currency manipulation. >> getting paid by the syllable. >> you wrote the book "reckless endangerment." relative tois this what we have seen, libor, mortgage abuses, is this worse or not as bad? currency manipulation. >> it is sort of the same. riskill see slaps on the and maybe even guilty's out of this one. thisg is more political at point. they should have pressed for guilty agreements in the past. does it matter if they ar
j.p. morgan chase and citigroup face wall street facets shrinking bonus pool. j.p. evenue has fallen 14% this year. >> josh rosner with us. i have got tuition to pay. it is not working. >> at the end of the day, it is working for management. >> it is working for regulators. >> it is not working at the business model. >> $22,000 for fourth grade at whatever school and you are delaying my bonus. >> forcing me to abandon most of it if i end up going elsewhere....
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Oct 14, 2014
10/14
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j.p. morgan chase slightly lower today, citigroup got a pop, wells fell, kay kaylatasche has more. >> the companies are reporting few signs of growth, citigroup, and wells fargo, j.p. morgan saw the profits fall in nearly every unit. much of the growth coming from loans to high clients in asset management. any signs in banking were wiped out by a billion dollar legal charge the company signalled would likely go toward a future currency trading settlement. over at san francisco-based wells fargo, the mood was tempertempe tempered but better. they met expectations mostly because they cut costs to offset mortgage businesses chugging along at a good pace. this time, it had less of the money to release. citigroup had had a bit more, which helped boost the bottom line, along with the above average trading levels and the surprise profit level at the bad bank. not all of citigroup is rosy. the ceo acknowledged mexico, the biggest growth bet is getting costly. >> i think we've made meaningful changes in mexico. >> among the changes? dissociativing with one unit of the business where more fraud wass
j.p. morgan chase slightly lower today, citigroup got a pop, wells fell, kay kaylatasche has more. >> the companies are reporting few signs of growth, citigroup, and wells fargo, j.p. morgan saw the profits fall in nearly every unit. much of the growth coming from loans to high clients in asset management. any signs in banking were wiped out by a billion dollar legal charge the company signalled would likely go toward a future currency trading settlement. over at san francisco-based wells...
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Oct 10, 2014
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j.p. morgan chase. the representative said there is no evidence that customer data was stolen. >>> bond king bill gross holding a web cast since his sudden leaving from pimco, speaking from his new office, gross says stocks are not in a bear market but he says that investors need to quote, recognize that times have changed. he expects stock gains of as much as 5 to 6% over the next couple of years and 3 to 4% for bonds. >> still ahead, the chairman of the federal reserve took the stand and faced tough questions about the bailout of federal reserve giant aig. >>> home equity loans on the rise, more homeowners, especially those who bought at the bottom of the market are tracking up. the home equities rose 21% compared to a year ago. here is the story from to where are they now files, it has been six years from anybody heard from the former ceo of lehman brothers, the investment bank that collapsed at the height of financial crisis. he is reportedly back and doing deals again. his new firm, matrix advisers
j.p. morgan chase. the representative said there is no evidence that customer data was stolen. >>> bond king bill gross holding a web cast since his sudden leaving from pimco, speaking from his new office, gross says stocks are not in a bear market but he says that investors need to quote, recognize that times have changed. he expects stock gains of as much as 5 to 6% over the next couple of years and 3 to 4% for bonds. >> still ahead, the chairman of the federal reserve took the...
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Oct 15, 2014
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j.p. morgan chase the largest u.s. bank posed a net profit of $5.6 billion. the bank booked a loss for the same period last year. officials at citigroup reported a 6.6% profit and wells fargo a 2.7% increase. factors such as uncertainty about when the fed will lift its near-zero interest rate policy made the bond and foreign currency markets more active. that pushed up revenues the banks received from commission. another reason was scotland's independence referendum. >>> japanese textile makers are promoting their innovative fabrics in milan. they are phasing a rise in cheap clothing imports and they are trying to boost their sales in europe with a "made in japan" level. >> the world's top fashion show, milan fashion week was held in september. streets filled with shops selling luxury brands give the city of milan an air of glamour. the textile fair was held just before the fashion show. only the world's top italian and european textile makers exhibit at the show. this year, however, after decades of negotiations, 29 japanese firms finally secured a place at
j.p. morgan chase the largest u.s. bank posed a net profit of $5.6 billion. the bank booked a loss for the same period last year. officials at citigroup reported a 6.6% profit and wells fargo a 2.7% increase. factors such as uncertainty about when the fed will lift its near-zero interest rate policy made the bond and foreign currency markets more active. that pushed up revenues the banks received from commission. another reason was scotland's independence referendum. >>> japanese...
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Oct 2, 2014
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j.p. morgan chase, they admit now that the financial data was breached on 7 million households and small businesses were compromised in the breach. the bank contends the customers are safe. >>> and the bond company that bill grosso left, today it was the ceo, michael diekman will step down next spring after more than ten years as chief executive. charles schwab is dropping the flagship fund from its ten target date funds. >>> and sears is cutting the stake in the canadian unit, where we begin the focus tonight. the cash-strapped retailer says it will raise up to $380 million by selling a large portion of sears canada, ahead of the crucial holiday shopping season. the move comes after a year-long attempt to find an outside buyer. the 380 million dollar price target is about half what the company had previously said it was worth. shares nevertheless popped about 7.5% to $26.7. >>> and shares on the nyse, the on-line home goods retailer offered a million shares at 29 apiece above the expected range, the company will take in almost 20 million from the sale. >>> the founders of go pronounced they are br
j.p. morgan chase, they admit now that the financial data was breached on 7 million households and small businesses were compromised in the breach. the bank contends the customers are safe. >>> and the bond company that bill grosso left, today it was the ceo, michael diekman will step down next spring after more than ten years as chief executive. charles schwab is dropping the flagship fund from its ten target date funds. >>> and sears is cutting the stake in the canadian...
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Oct 4, 2014
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j.p. morgan chase was apparently much bigger than previously thought. the "new york times" reports today that about nine other financial institutions were also infiltrated by the same group of overseas hackers. according to the article, the hackers are thought to be operating in russia. the article quotes a senior american official as speculating that the attack could be retaliation for u.s. sanctions against russia. southern california is enduring another day of brutal heat, with the mercury soaring into triple digits in some areas. it was more than 90 degrees before noon. california, of course, has also been in the midst of a historic drought. and new nasa satellite images show a dramatic fall-off in the state's river basins since 2002. the orange and red colors show areas that have lost the most water over the past 12 years. deaths from heroin overdoses in the u.s. more than doubled from 2010 to 2012, according to a new report from the c.d.c. but deaths attributed to what are known as opioid prescription painkillers like vicodin and oxycontin decline
j.p. morgan chase was apparently much bigger than previously thought. the "new york times" reports today that about nine other financial institutions were also infiltrated by the same group of overseas hackers. according to the article, the hackers are thought to be operating in russia. the article quotes a senior american official as speculating that the attack could be retaliation for u.s. sanctions against russia. southern california is enduring another day of brutal heat, with the...
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j.p. morgan chase continuing to report this midday that no important personal information mccumber social security's or pin numbers were lost and is that a bridge. security experts that we talked to feel that there could be more as investigators began to learn more about the attack. >> is definitely is a cause for concern. the fact that they are reporting that as many as 90 of their servers hut been infiltrated means that they may still not have a full handle on the scope of this particular breach. >> and then a tough expert says it is unprecedented giant banks like chase were going to have an impregnable firewall. 85 million private accounts were compromised. the vast majority of them household. phone numbers and the males were the source of data that were stolen. the best way to protect themselves is to pay careful attention to all of your choice accounts looking for an unauthorized activity need to promptly report it to casechase. could be the impetus behind major change. >> government officials are extremely concerne about this. more than likely we are going to seek a significant uphe
j.p. morgan chase continuing to report this midday that no important personal information mccumber social security's or pin numbers were lost and is that a bridge. security experts that we talked to feel that there could be more as investigators began to learn more about the attack. >> is definitely is a cause for concern. the fact that they are reporting that as many as 90 of their servers hut been infiltrated means that they may still not have a full handle on the scope of this...
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Oct 20, 2014
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j.p. morgan chase set aside for litigation reserves in 2013 they have money to the decided to defend themselves the budget is 2% of that. so, you get the sense that they are doing good work but they are kind of out gunned here and i think that hopefully if anything comes from the book i hope it is a call to arms to kind of get them a shot in the army and the other thing i was on the phone the other day with the justice department to this operation this initiative called operation chokepoint and the idea behind this is a target to go after the payday loans that do this worse stuff so with the justice department is determined to do is go after the payment processors. i still have to mandate payment processor. it is a payment processors come if you are dealing with the sensitiveness payday lenders we are going to go after you. we need initiatives like that. how many years of research? >> guest: in one fashion or another i would say that it's been about four years. >> host: so you kind of go back and giving up a walk on the characters and the individuals involved on the debt collection side and. yo
j.p. morgan chase set aside for litigation reserves in 2013 they have money to the decided to defend themselves the budget is 2% of that. so, you get the sense that they are doing good work but they are kind of out gunned here and i think that hopefully if anything comes from the book i hope it is a call to arms to kind of get them a shot in the army and the other thing i was on the phone the other day with the justice department to this operation this initiative called operation chokepoint and...
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Oct 9, 2014
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j.p. morgan chase breach may be responsible for attacks on more than a dozen other financial companies. federal and state officials also investigating. and facebook's ceo mark zuckerberg is in india, and he has been talking about improving internet access around the country, calling in a basic human right. >> because you have embraced science and research and education, the next generation here has the opportunity to define the future and bring india to the world and the world to india. a key to this next big opportunity is going to be embracing the internet. the second most facebook users, second only to the united states. and the head of twitter news is the latest executive to leave the company. to said she was persuaded join the company by the former ceo. >> thank you. i want to get to our lead story of the day, and that his car all icons striking again, sending a letter to apple ceo tim cook -- .arl icahn striking again he says shares are undervalued, and he wants apple to buy more so shareholders can get more of their money. he got his way ultimately when it came to paypal and ebay
j.p. morgan chase breach may be responsible for attacks on more than a dozen other financial companies. federal and state officials also investigating. and facebook's ceo mark zuckerberg is in india, and he has been talking about improving internet access around the country, calling in a basic human right. >> because you have embraced science and research and education, the next generation here has the opportunity to define the future and bring india to the world and the world to india. a...
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Oct 10, 2014
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KGO
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j.p. morgan chase but there were reports the russians were carry out the hanging in retaliation for sanctionsn now but that appears not the case much the motive? it is not clear. >>> another security breach revealed. dairy queen said their security has been reached including locally. "back off," is the malware to blame which now has been contained. they got customer name and payment card numbers. >> big reveal is here, c.e.o. tesla elon $120,000 which gets you safety pictures including automatic braking. you can order one now on their website. >> mike homed "d" meant deal. >>> the giants are in stimulus. -- in st. louis for the series. this is the first time hudson will go to a championship series during his 16 years. he said the joyants success convinced him to sign to play here in san francisco. >> these guys, the determination we have in the locker room...they guy know how to when it counts. that is why i came to san francisco. i know how to do it. >>> the giants is announced the game one starter but everyone expects bumgarner on the mound. game one is tomorrow night at 7:05 at busch stadi
j.p. morgan chase but there were reports the russians were carry out the hanging in retaliation for sanctionsn now but that appears not the case much the motive? it is not clear. >>> another security breach revealed. dairy queen said their security has been reached including locally. "back off," is the malware to blame which now has been contained. they got customer name and payment card numbers. >> big reveal is here, c.e.o. tesla elon $120,000 which gets you safety...
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Oct 3, 2014
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j.p. morgan chase bank may have had their information hacked. c.e.o. jami diamond expressing concern to shareholders. >> yes, he said he's worried about this type of threat, saying: >> when the attack happened, they thought it affected 1 million customers. the reality is far worse. j.p. mar began said personal information from 76 million households has been compromised, and similar data from 7 million small businesses has also been affected. only contact information was stolen, names, birthdays, and email addresses. executives say there is no evidence that any money was taken and they insist actual account numbers, user ids and pals words or social security numbers of safe. this could open the door to widespread scams, which is my j.p. morgan is telling customers not to worry, the bank will take care of any fraudulent charges. >> we do want to go back to the streets of hong kong. our correspondent there, we have contact with you now, thanks for staying with us. what can you tell us about the atmosphere where you are? >> where i am, we're right in front
j.p. morgan chase bank may have had their information hacked. c.e.o. jami diamond expressing concern to shareholders. >> yes, he said he's worried about this type of threat, saying: >> when the attack happened, they thought it affected 1 million customers. the reality is far worse. j.p. mar began said personal information from 76 million households has been compromised, and similar data from 7 million small businesses has also been affected. only contact information was stolen,...
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Oct 3, 2014
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j.p. morgan chase say more than 60 million household accounts were accessed. initially the bank put the estimate at only one million accounts. details of the breach were disclosed in a security filing today. the hacker attack is one of the largest ever and it is being blamed on how they operating overseas. >>> the bank says that the hackers got names and addresses, also accessing phone numbers, e-mails. they say that they did not get social security numbers and they did not get past ward. but they say that no money was taken and that they remain secure. >>> the warm weather prompting the heat advisory. earlier this evening there was a spectacular sunset. visible from our m-ville way camera, expect today be warmer yet with a spare of the air alert. ktvu chief meteorologist bill martin tracking temperatures tonight. bill, we're still in the 70s in some places. >> that shot that we had up there of the sunshine and the orange color. that's the quality quality that wasn't all the that great getting caught in the atmosphere with the heated advisory, lasting until to
j.p. morgan chase say more than 60 million household accounts were accessed. initially the bank put the estimate at only one million accounts. details of the breach were disclosed in a security filing today. the hacker attack is one of the largest ever and it is being blamed on how they operating overseas. >>> the bank says that the hackers got names and addresses, also accessing phone numbers, e-mails. they say that they did not get social security numbers and they did not get past...
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Oct 13, 2014
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j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents speak. two apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. go to comcastbusiness.com/ checkyourspeed. if we can't offer faster speeds or save you money we'll give you $150. comcast business. built for business. (vo)solver of the slice.pro. teacher of the un-teachable. you lower handicaps... and raise hopes. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (pro) nice drive. (vo) well played, business pro. well played. go national. go like a pro. when folks think about wthey think salm
j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents speak. two apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by...
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j.p. morgan chase prove the security system is broken. 83 million bank customers were exposed, names addresses and phone numbers stolen. social security numbers and passwords were not stolen. the j.p. morgan breach was one of the biggest ever. the company is not the only victim of a cyber attack. let's take a look at this all by the numbers. >> last year, home depot had credit card numbers stolen and target was hit last year with 45 million credit card numbers. it takes about 32 days for a company to resolve a cyber attack. the average cost, a million dollars, and for a small company, that could be devastating. one credit union said it cost $2.60 to replace a stolen credit card. if tens of thousands of numbers are stolen, that can add up. >> still ahead, what's being done to prevent infected ebola victims from spreading the disease at u.s. airports. >> a controversial new law in texas that closes down all but eight abortion clinics. it's not the only state restricting the procedure. ricting the procedure. >> thomas duncan who is still in serious condition in a dallas hospital diagnosed with eb
j.p. morgan chase prove the security system is broken. 83 million bank customers were exposed, names addresses and phone numbers stolen. social security numbers and passwords were not stolen. the j.p. morgan breach was one of the biggest ever. the company is not the only victim of a cyber attack. let's take a look at this all by the numbers. >> last year, home depot had credit card numbers stolen and target was hit last year with 45 million credit card numbers. it takes about 32 days for...
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j.p. morgan chase, and always wondering whether these are warmup acts. what do you see? >> i think the whole -- the challenge in the digital forever more and that means we are connected irreparably and forever to the flow of elooktrons is the -- electrons is the association of breaches. we saw what happened to target and home depot and j.' -- >> see more of this. >> absolutely every day. whether it's a nation state or a hacker or orecked crime, that's one of the -- organized crime, that's one of the rains partnered in a cybersolutions company to have a threat-based intelligence analysis, threat-based assessment done. we'll look at the threat of the sector, to the company, look at the regulation, look at the national institute of science and technology, they had some standard, and then probe, we're going to probe these companies to see if they has already been an incursion, and we're pretty pleased that lloyds of london likes our methodology. our job is to work with these companies, being a trusted adviser because the signatural sun will never -- digital sun will never se
j.p. morgan chase, and always wondering whether these are warmup acts. what do you see? >> i think the whole -- the challenge in the digital forever more and that means we are connected irreparably and forever to the flow of elooktrons is the -- electrons is the association of breaches. we saw what happened to target and home depot and j.' -- >> see more of this. >> absolutely every day. whether it's a nation state or a hacker or orecked crime, that's one of the -- organized...
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j.p. morgan chase says it has been backed.ion on more than 80 people of its account holders however no account information or social security numbers. so far they have not noticed any customer fraud. >> and remember in the summer when facebook admitted it changed hundreds of the,000s of feeds. now they are promising to reform the way it conducts research. among the changes, here are a few of them. more training for new engineers and an enhanced review process for potentially sensitive research. but one thing that will not change, facebook will keep conducting experiments on its 1.3 p billion users. >> 1.3 billion. good heavens. >>> we are going to move out of here. >> let's hand things over to our friend and colleague patricia whitfield. >> you're right back here bright and early tomorrow. we're counting on it hello everyone. the 11:00 hour starts right now. health officials have narrowed of the list of people they say are at higher risk of catching ebola after coming in contact with the man in dallas texas. administration mem
j.p. morgan chase says it has been backed.ion on more than 80 people of its account holders however no account information or social security numbers. so far they have not noticed any customer fraud. >> and remember in the summer when facebook admitted it changed hundreds of the,000s of feeds. now they are promising to reform the way it conducts research. among the changes, here are a few of them. more training for new engineers and an enhanced review process for potentially sensitive...
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j.p. morgan chase to be a target. you are less likely to have huge damages when you go out to buy a cyber insurance it's not going to cost you as much. so i think there are normal mark -- mechanisms where on the one hand it may not have resources to put up the defenses of j.p. morgan chase or wells fargo. but on the other hand, in many respects the risks are smaller. >> do you want to pick up on that? >> i would add in the same spirit that they present a risk to the larger companies when they are not protected in the framework to your place to help secure them so that the adversaries don't use the smaller companies and resources to then get into the larger companies. >> david, go ahead. >> we talk about supply chain and all of that. it's a good vehicle for conversation and it is a distinguishing characteristic when we look at suppliers but we also have a responsibility that we are starting to put in the contracts to say it's not enough for you to tell me this is what we do like many other things we are going to come i
j.p. morgan chase to be a target. you are less likely to have huge damages when you go out to buy a cyber insurance it's not going to cost you as much. so i think there are normal mark -- mechanisms where on the one hand it may not have resources to put up the defenses of j.p. morgan chase or wells fargo. but on the other hand, in many respects the risks are smaller. >> do you want to pick up on that? >> i would add in the same spirit that they present a risk to the larger companies...
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j.p. morgan chase has a security breach. >> 76 million household and 7 million small business accounts were breached. more consumers than home depot and target. >> this is a bank. >> does anyone think of taking their money out of the bank as a result? >> and 5.9. >> that's a good headline. >> those who think the economy peaked over the summer in employment are wrong. >> we're on pace for the strongest job growth since the 1990s. >> 248,000 jobs this month. >> the unemployment rate hits a six-year low. >> the lowest since july 2008. >> the snap back in retail. >> 22,600 net new jobs in health care. >> 55 straight months. >> when employers are doing well and reaping benefits on the bottom line, those benefits should be shared with workers. >>> joining us tonight, david kay johnson. good to have you on again tonight on the economy. let's get both sides of the story here. what do these numbers mean and throw a cold bucket of water on the other half of the story. what's good and what's not so good? >> 248,000 jobs is above the average for the last year which is was 213,000. it would be better if
j.p. morgan chase has a security breach. >> 76 million household and 7 million small business accounts were breached. more consumers than home depot and target. >> this is a bank. >> does anyone think of taking their money out of the bank as a result? >> and 5.9. >> that's a good headline. >> those who think the economy peaked over the summer in employment are wrong. >> we're on pace for the strongest job growth since the 1990s. >> 248,000 jobs...
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j.p. morgan chase says it hasn't seen any unusual fraudulent activity related to this.ut it's also good to keep an eye on your account if there is something suspicious that you spot, call the bank right away. but remember, you're not libel for it. last august when word of the hack broke, j.p. morgan said big companies like this unfortunately experience sib area tacks every day. but this week the bank is assuring people that they monitor accounts closely and money is safe. even though no financial information was stolen, people should ab ware of the risks. hackers can still sell the stolen e-mail addresses to spamers who could hit people with fishing campaigns to try to get more information out of you. no word on who the hackers are. >>> the news continues here on cnn. still ahead, the media is finding it difficult to get access, public records related to the shooting in ferguson, missouri. what they're doing about it. >>> and we have the story of a family reunited after this young man was kidnapped by isis. hear a surprising perspective on that mill tanlt groitant group
j.p. morgan chase says it hasn't seen any unusual fraudulent activity related to this.ut it's also good to keep an eye on your account if there is something suspicious that you spot, call the bank right away. but remember, you're not libel for it. last august when word of the hack broke, j.p. morgan said big companies like this unfortunately experience sib area tacks every day. but this week the bank is assuring people that they monitor accounts closely and money is safe. even though no...
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j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. >>> the 2014 mid-term focus was about whether the democrats hold on to the senate or republicans take it. while we won't have that answer until election day or maybe a few months later, here is one thing we know for sure. voters are frustrated and fed up right now with both parties. in our last poll, 68% said they would accept new people with few ties to the political process. with that in mind, let's take a look at our map this year, the senate map. not long ago, it looked like this. assuming republicans held their two competitive races, georgia and kentucky, three of the six seats that republicans were going to need seemed like total shou shoo-ins. look how independent candidates are shaking up the republican map. now an independent candidate now leads the incumbent pat roberts by ten points. let's assume he wins and worse ca
j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. >>> the 2014 mid-term focus was about whether the democrats hold on to the senate or republicans take it. while we won't have that answer until election day or maybe a few months later, here is one thing we know for sure....
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j.p. morgan chase was the victim much a masses attack with 83 million accounts affected.he "new york times" reports nine other cust trees by the same group of hackers. the group operates from russia and may be connected to the government. one senior official telling the times it could be in retaliation for sanctions connected to ukraine. these breaches are just the latest in a string of hakz. last year suffered a huge cyber attack affecting more than 100 million customers. they hit home depot putting credit information at risk. ebay came under attack hackers getting the personal data of 145 million customers. there was some good news on the economy from the latest jobs report after a disappointing august, u.s. employers added 248,000 jobs from six % to 5.9. president obama said the country is on face for the strongest job growth since the 1990s. . >> the progress we have been making, it's been hard. it goes in fits and starts. it's not always been perfectly smooth or as fast as we want, but it is real and it is steady, and it is happening. >> the president was speaking at
j.p. morgan chase was the victim much a masses attack with 83 million accounts affected.he "new york times" reports nine other cust trees by the same group of hackers. the group operates from russia and may be connected to the government. one senior official telling the times it could be in retaliation for sanctions connected to ukraine. these breaches are just the latest in a string of hakz. last year suffered a huge cyber attack affecting more than 100 million customers. they hit...
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Oct 12, 2014
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j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidentso apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. go to comcastbusiness.com/ checkyourspeed. if we can't offer faster speeds or save you money we'll give you $150. comcast business. built for business. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. when folks think about wthey think salmon and
j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidentso apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by now. now you...
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j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents speak. two apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. get the latest business news on cnbc and cnbc.com. executive ed. executive ed. get the latest b ring ring!... progresso! it's ok that your soup tastes like my homemade. it's our slow simmered vegetables and tender white meat chicken. apology accepted. i'm watching you soup people. make it progresso or make it yourself introducing a pm pain reliever that dares to work all the way until the am. new aleve pm the only one with a sleep aid. plus the 12 hour strength of aleve. i make a lot of purchases and i get aness. lot in return with ink plus from chase. like 70,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards even cash back.
j.p. morgan chase, it's about the economy and interest rates thursday when four federal reserve presidents speak. two apple events. speculation new versions of the ipad could be unveiled thursday while the iphone 6 goes on sale in china friday. that's your cnbc executive edge. get the latest business news on cnbc and cnbc.com. executive ed. executive ed. get the latest b ring ring!... progresso! it's ok that your soup tastes like my homemade. it's our slow simmered vegetables and tender white...
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." >> woodruff: j.p morgan chase confirmed today it has had a data breach.dence any info was actually stolen. on wall street today, the dow jone industrial average last three points to close at 16,801; the nasdaq rose eight points to close at 4,430; and the s&p 500 was virtually unchanged at 1,946. >> ifill: still to come on the newshour: debating when supreme court justices should retire. students in colorado walk out of class to protest changes to their history curriculum. as sea ice retreats, tens of thousands of walruses come ashore in alaska. pushback from taxi drivers as uber and lyft disrupt the business of hitching a ride. how politics become deeply personal and changed journalism. and, actor kevin spacey on "singing for his supper" and cultivating new talent. >> woodruff: the nine supreme court justices met today to discuss some of the cases they will consider when their fall term begins monday. it's expected to be another consequential term as the court weight issues around workplace dress codes, housing discrimination, campaign contribution rules,
." >> woodruff: j.p morgan chase confirmed today it has had a data breach.dence any info was actually stolen. on wall street today, the dow jone industrial average last three points to close at 16,801; the nasdaq rose eight points to close at 4,430; and the s&p 500 was virtually unchanged at 1,946. >> ifill: still to come on the newshour: debating when supreme court justices should retire. students in colorado walk out of class to protest changes to their history...