Author: Jonathan Fahey
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AP investigation: U.S. power grid vulnerable to foreign hacks
SAN JOSE, CALIF. – Security researcher Brian Wallace was on the trail of hackers who had snatched a California university’s housing files when he stumbled into a larger nightmare: Cyberattackers had opened a pathway into the networks running the United States’ power grid. Digital clues pointed to Iranian hackers. And Wallace found that they had…
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Weak US card security made Target a juicy target
NEW YORK — The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target’s stores will get worse before they get better. That’s in part because U.S. credit and debit cards rely on an easy-to-copy magnetic strip on the back of the card,…
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Summer travel forecast: Better, but no blowout
NEW YORK – This summer, high rollers are flying to lavish vacation hot spots for their vacations. The rest of us are headed to places like nearby campgrounds. The good news: At some U.S. campgrounds these days you get live bands, air guitar contests and chocolate pudding slip ‘n slides. Americans’ plans for summer travel…
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U.S. boom transforming global oil trade
NEW YORK ? The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern oil will continue to dwindle, and oil will increasingly flow to the developing…
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US may soon become world’s top oil producer
NEW YORK — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world’s biggest producer. Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million…
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Solar energy: Is it time for it to shine?
NEW YORK • Solar energy may finally get its day in the sun. The high costs that for years made it impractical as a mainstream source of energy are plummeting. Real estate companies are racing to install solar panels on office buildings. Utilities are erecting large solar panel “farms” near big cities and in desolate…