Tech outage ripples worldwide

July 19, 2024

Business and Economics

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CrowdStrike says global IT disruption is not a cyberattack

A global internet outage hit airlines and businesses around the world on Friday, but the CEO of cybersecurity firm CrowdStrike said it was not a cyber attack.

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Are DINKs living the new American Dream?

Author and historian James Truslow Adams coined the term “American Dream” in his 1931 best-selling book, “Epic of America,” describing it as “the dream of a nation in which every man will have opportunity according to his ability or merit, and in which the better, richer, and more fulfilling life for all will be.”

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UAW slams Trump for ‘strikebreaker and billionaire’ comments at Republican National Convention

In a speech at the Republican National Convention Thursday night, the United Auto Workers (UAW) union blasted former President Trump for calling for the removal of union President Sean Fain from his position for allowing automakers to build factories overseas.

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Ticker

Upcoming news topics and events to watch:

The House Transport and Infrastructure The Subcommittee on Railroads, Pipelines, and Hazardous Materials held a public hearing and Railway Safety It will air next Tuesday at 2pm ET “in the aftermath of the derailment in East Palestine, Ohio.”

In other news

Here’s a more detailed account of what happened that day:

Court blocks Biden plan, suspending millions of student loan payments

Millions of student loan borrowers will have their loan payments paused after a court ordered a halt to President Biden’s Savings for a Valuable Education (SAVE) plan.

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Good to know

Business and economic news from other media:

Nippon Steel Corporation Hired Pompeo and helped buy U.S. Steel (Bloomberg)
Democratic Big donors Kamala Harris’ event sells out, urging Biden to drop out of the raceCNBC)
The Department of Justice said:A major breakthroughWe are preparing for a final plea deal with Boeing, but we need more time.CNN)

What others are reading

Top stories on The Hill right now:

Ocasio-Cortez: Democratic ‘elites’ who want Biden out want Harris removed from endorsement

Rep. Alexandria Ocasio-Cortez (New York) criticized Democratic “elites” who are calling for President Biden to drop out of the 2024 presidential race, warning that they are “not interested” in seeing Vice President Harris at the top. read more

A decision on Biden’s future is expected to be made soon, with Harris seen as a possible successor.

Senior Democratic Party officials expect President Biden to make a major announcement about his future shortly after the Republican National Convention concludes in Milwaukee, and congressional leaders are predicting that Vice President Harris would be his running mate if Biden were to run for president. read more

What people think

Opinions on business and economic issues submitted to The Hill:

The ‘Tax Mess’ and the 2024 Election: Who will drive America’s financial future?

We’re all caught up. See you next week!

Tags: outage, ripples, tech, worldwide

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Tech outage ripples worldwide

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