The massive CrowdStrike Holdings outage, which may be world’s largest ever, has underlined the critical importance of one of the lesser-known partners of the Paris Olympic Games, according to branding expert Jim Andrews.
There has been quite a buzz about investing in bonds among younger investors who may previously have found them boring or appropriate only for retired people seeking income.
Friday’s IT outage was particularly felt in the brokerage industry, where any technical issue preventing people from trading can lead to money being lost.
Comerica Inc.’s stock fell 12% on Friday after the bank cut its outlook on net interest income and said it doesn’t expect to continue as financial agent for the U.S. Treasury Direct Express Prepaid Debit Card program.