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Disney responds to data breach after thousands of Disney+ accounts hacked

Disney+ customers are reporting that their accounts have been hacked — just one week after the streaming platform’s launch. TrustedSec GRC Practice Lead Alex Hamerstone joins Yahoo Finance’s Zack Guzman and Heidi Chung, along with Black Hawk Financial Founder Leanna Haakons, to discuss on YFi PM. …read more […]

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California Bans High-Pressure Steam Oil Wells, Reviews Fracking

(Bloomberg) — California halted approvals of new oil wells that use high-pressure steam extraction techniques following recent leaks at a Chevron Corp. facility in Kern County.Regulators will consult with experts to determine whether the process can be done safely during the moratorium, the state’s Department of Conservation said in a statement Tuesday. California also said it will have an independent audit of its permitting process for hydraulic fracturing and other methods of stimulating crude flows.Shares of California Resources Corp. tumbled as much as 32% on the news while Berry Petroleum Corp., which operates in the state as well, slumped 18%.“These …read more […]

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UPDATE 1-U.S. housing finance agency to revisit key Fannie, Freddie capital rule

The U.S. housing finance regulator on Tuesday said it planned to re-issue new capital rules for mortgage giants Fannie Mae and Freddie Mac next year, in a development that is likely to slow the pair’s removal from government control. The Federal Housing Finance Agency (FHFA) said it would again propose the rule first unveiled in July 2018 in light of the administration’s decision to begin rebuilding the mortgage giants’ capital bases as part of a broader plan to ultimately remove them from government conservatorship. “In fairness to all interested parties, the comments submitted during the previous rulemaking were …read more […]

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7 of the Best Brokerages for Handling Cash Reserves

Investors should know what their money earns. Cash that remains in your brokerage account after buying and selling stocks, exchange-traded funds or mutual funds is typically moved into a sweep account. Recent price wars that eliminated fees also increased the varied interest rates in these accounts. …read more […]