Finance News

Breaking in the computer

Internal Citibank Report Raises Questions on Law Firms' Cybersecurity Efforts

By Chris DiMarco |

Report obtained by New York Times says firms are frequently unwilling to discuss the growing risk of cybercrime.

Generation of Wall Street Traders Never to Have Seen a Rate Hike

Magdy El Mihdawy is part of a Wall Street demographic whose own trial by fire awaits: traders who've never known anything but a post-crisis world of rock-bottom interest rates and ever-rising markets.

JPMorgan Said to Plan Thousands of Job Cuts to Trim Expenses

JPMorgan Chase & Co. will cut thousands of jobs over the next year as the biggest U.S. bank by assets seeks to contain expenses and sell businesses, said a person with knowledge of the plans.

Coya Restaurant located at 999 Brickell Ave.

Power Lunch: Coya's Members' Room New Lunch Spot for Elite Crowd

By Eleazar David Melendez |

The members' room at Coya, a new spot for Brickell power lunchers, offers Peruvian fusion fare in an ambience sure to dazzle.

U.S. Internal Revenue Service building in Washington, D.C.

Data Breach Rocks the Internal Revenue Service

By Chris DiMarco |

The IRS estimates that $15 million in fraudulent refunds were issued as a result of compromised tax returns affecting 100,000 U.S. households.

Solar Shines as Sellers Sometimes Pay Buyers to Use Power

Move over, shale. The sun is now the fastest-growing source of U.S. electricity.

Toll Brothers Quarterly Profit Rises on Lower Tax Provision

Toll Brothers Inc., the largest U.S. luxury-home builder, reported an increase in quarterly earnings as lower tax provisions made up for a decline in revenue.

Environmental, Law Enforcement Jobs Draw Many Hopefuls

By News Service of Florida |

Florida has received an array of applications for the top jobs at its environmental and law-enforcement agencies, with little more than a week remaining for people to submit resumes.

Media CEOs Dominate Ranks to Top-Paid Executives

They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league. Six of the 10 highest-paid CEOs last year worked in the media industry, according to a study carried out by executive compensation data firm Equilar and The Associated Press.