$35M fine for Morgan Stanley after unencrypted, unwiped hard drives are auctioned

Enlarge (credit: Getty Images) Morgan Stanley on Tuesday agreed to pay the Securities and Exchange Commission (SEC) a $ 35 million penalty for data security lapses that included unencrypted hard drives from decommissioned data centers being resold on auction sites without first being wiped. The SEC action said that the improper disposal of thousands of […]

Stocks have yet to bottom and could fall another 23% this year amid slowing growth, Morgan Stanley says

Reuters / Brendan McDermid Stocks have yet to bottom and will see more downside later this year, Morgan Stanley said. In the best-case scenario, the bank predicted that the S&P 500 would fall to 3,400 by year-end, and in the event of a recession, it would fall to 3,000. But Morgan Stanley also expects the […]

TVLine Items: Black Beauty to Disney+, Stanley Tucci’s AMC Series and More

Black Beauty is galloping onto Disney+: A new adaptation of Anna Sewell’s classic novel, which was originally eyed for a 2020 theatrical release, will now debut on the streaming service later this year. The movie centers around the titular wild mustang, “born free in the American west. When she is captured and taken away from […]

‘Insulting!’ Stanley Johnson lashes out at campaigners calling for BAN on over-70s voting

Stanley Johnson argued on Good Morning Britain that to prevent over 70s from voting on issues in the country was insulting, especially because of the reasoning behind it. Former Apprentice contestant Joanna Jarjue argued that the generational divide and lack of foresight of the changes in the current world was a reason to ban over […]

Kate Garraway slammed as she bluntly asks Stanley Johnson ‘does Boris tell the truth?’

He continued: “Rather than allowing lies to triumph, listen to the angels of your better nature and rule that this prorogation is unlawful, an abuse of power which has been entrusted to the government. “This government has shown itself unworthy of our trust, as it uses the powers of its office in a manner that […]

ITV Good Morning Britain: Stanley Johnson issues warning to Boris over Brexit negotiations

Good Morning Britain returned to ITV with the final show of the week and Kate Garraway was joined by Adil Ray to present.  Those watching at home tuned in to see Stanley Johnson, the father of Prime Minister Boris Johnson, live in the studio and the hosts were keen to find out his thoughts on how […]

ITV This Morning: ‘Doing it deliberately’ Stanley Johnson hits out at May’s Brexit plan

This Morning was hosted by Phillip Schofield and Rochelle Humes today as Holly Willoughby was absent due to illness.  Nevertheless, joining them on the sofa was former politician and I’m A Celebrity… Get Me Out Of Here! 2017 contestant Stanley Johnson.  After discussing the latest how he was involved in, The Real Marigold on Tour […]

MORGAN STANLEY: Get used to a ‘new normal’ of weaker UK growth thanks to Brexit

REUTERS/Kevin Coombs Morgan Stanley says weaker growth looks set in for the long haul once the UK formally leaves the EU. The average quarterly growth rate since the third quarter of 2016 was about 0.4%, which looks set to continue until at least the fourth quarter of 2020, economists at the bank said.  In the […]

Is this the year the Leafs end the Stanley Cup drought?

It's been the summer of "JT" for starry-eyed Leafs fans, thrilled that free agent John Tavares (37G-49A-86 Pts) chose Toronto as the place to make $ 11 million US a season. Pretty good money for a guy who might be a second-line centre. With Tavares added to a lineup that already features Auston Matthews (34-29-63) and Nazem Kadri (32-23-55), the Leafs have world-class depth down […]

MORGAN STANLEY: Amazon and Walmart are duking it out in a $4 trillion market (WMT)

Jim Anderson/AP Photos The retail sales market will grow to $ 4.3 trillion by 2021, Morgan Stanley analysts estimate. Walmart‘s opportunity for upscaling its customer base, which includes low income earners, is greater than Amazon’s opportunity for downscaling, they said. But competition with Amazon may weigh on Walmart’s margins. Watch Walmart trade in real-time here.   […]