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Ready, set, go: Retirement advice protections are here

June 8, 2017 By Mark Miller CHICAGO (Reuters) – Friday is the day, folks. Starting on June 9, all financial advisers providing guidance on retirement accounts must adhere to the new U.S. Department of Labor rule requiring that they act in your best interest rather than their own. The controversial rule survived a bruising seven-year battle against entrenched interests in the financial services industry, which were seeking to protect excess fees that cost retirement savers $17 billion a year – a full percentage point in annual returns, according to U.S….

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Hackers mint crypto-currency with technique in global ‘ransomware’ attack

May 17, 2017 By Joseph Menn SAN FRANCISCO (Reuters) – A computer virus that exploits the same vulnerability as the global “ransomware” attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts said Tuesday. The development adds to the dangers exposed by the WannaCry ransomware and provides another piece of evidence that a North Korea-linked hacking group may be behind the attacks. WannaCry, developed in part with hacking techniques that were either stolen or leaked from the U.S. National Security Agency, has infected more than…

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Cooking up financial success with chef Marcus Samuelsson

March 16, 2017 By Cheryl Lu-Lien Tan NEW YORK (Reuters) – As success stories go, chef Marcus Samuelsson’s is as geographically varied and fascinating as they come. Born in Ethiopia and separated from his family a few years later during the Ethiopian civil war, Samuelsson was then adopted and raised by a Swedish couple, who taught him his earliest lessons about money and work ethic. In the span of his career, the 46-year-old Samuelsson has won awards both for his cooking at New York City’s Aquavit and later his own…

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Apple’s Siri learns Shanghainese as voice assistants race to cover languages

March 9, 2017 By Stephen Nellis SAN FRANCISCO (Reuters) – With the broad release of Google Assistant last week, the voice-assistant wars are in full swing, with Apple Inc , Amazon.com Inc , Microsoft Corp and now Alphabet Inc’s Google all offering electronic assistants to take your commands. Siri is the oldest of the bunch, and researchers including Oren Etzioni, chief executive officer of the Allen Institute for Artificial Intelligence in Seattle, said Apple has squandered its lead when it comes to understanding speech and answering questions. But there is…

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Coca-Cola serves up gay-friendly ad for all genders, generations

March 6, 2017 NEW YORK (Reuters) – Soft drinks maker Coca-Cola Co has launched a gay-friendly ad featuring a brother and sister vying for the attention of a handsome pool boy in the campaign that has won praise for diversity and inclusion. “Sibling rivalry never looked more inclusive,” Out Magazine said of the commercial that debuted last week. Marketing Week also approved. While gay-themed movies and television shows are commonplace, advertising has been slower to embrace same-sex couples, especially among marquee brands. The ad, part of the company’s global “Taste…

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