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Boeing Pulls 2019 Forecast, Suspends Buybacks

Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it’s suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that beat Wall Street’s estimates. Boeing Co. said its previously issued full-year guidance … Source: Claims Journal

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Catch Them If You Can: The Soaring Business of Downing Drones

Just shoot them down? After troublesome drones infiltrated London’s Gatwick airport late last year, disrupting passenger flights and costing potentially millions of pounds in revenue, that was the instinctive question posed by the watching world. But for some businesses, shooting … Source: Claims Journal

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FBI Reports Cybercrime Losses Nearly Doubled in 2018

The amount of reported losses from cyber crime nearly doubled in 2018 to $2.7 billion, with almost half of that from business email schemes that targeted wire transfer payments, according the FBI’s 2019 Internet Crime Report. The report, prepared by … Source: Claims Journal

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California May Boost Rules for Homes at High Wildfire Risk

SACRAMENTO, Calif. — Years of increasingly deadly California wildfires spurred lawmakers to consider regulations Tuesday that would toughen local governments’ requirements for approving housing developments in high-risk areas. A state Senate committee voted 8-3 Monday to advance a measure requiring … Source: Claims Journal

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