Category Archives: Holiday
Happy New Year Data
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Electronic Frontiers Foundation took a look back at 2018 data privacy scandals.
The Marriott hack that stole data from up to 500 million visitors made the cut. But the report says the really bad actors “were the tech companies themselves, harvesting of mountains of users’ data and employing flawed systems to use and share it.”
Sears New Year Liquidation Sale
Sears chairman Eddie Lampert stepped in with a last minute $4.4 billion offer to buy the bankrupt company. CNBC says Sears advisers have until Jan 4 to decide if he’s a “qualified buyer.” “Only then could ESL take part in an auction against liquidation bids on Jan. 14.”
Stock Market December to Remember
Your 401 (k) Goes Bungee Jumping
It was the night before Christmas and the Dow Jones Industrial Average plunged 653 points. But the day after Christmas the bull bounced back for a record 1,000 point gain. Alas, the stock market December to remember continued as the Dow dropped 600 points the following morning. But not to worry. Late in the day the Dow made a record 850 point u-turn to finish with a 260 point gain.
