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Cybersecurity: How safe are you?

P.F. Chang's acknowledged that a "security compromise" of customers' credit and debit card data occurred at some of its restaurants. "We have concluded that data has been compromised," said CEO Rick Federico, in a prepared statement. The admission comes just days after cybersecurity journalist Brian Krebs claimed that thousands of credit card and debit card numbers that appeared to have been stolen from P.F. Chang's restaurants earlier this year had gone up for sale. Federico said that P.F. Ch...
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Rich investors worry about stock market

A comprehensive study of wealthy families by private bank U.S. Trust found that only 40% of high net worth investors feel "bullishly optimistic" about the market. At the same time, 10% said they felt downright pessimistic and 12% described themselves as fearful of losing money Jim Quinlan, Chief Market Strategist for U.S. Trust, says a lot of rich people continue to worry about regulation, Washington gridlock, and the lingering effects of the Federal Reserve's unprecedented stimulus program, wh...
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What You Need to Know About Amazon’s New Fire Phone

It’s official: Amazon.com (AMZN) is in the phone business. Chief Executive Jeff Bezos showed off a black glass rectangle with a rubber frame called the Fire Phone. The device will be sold, starting July 25, through AT&T (T) for $199 with a two-year contract, the same price as other high-end smartphones. The screen on Amazon’s phone is larger than Apple’s (AAPL) iPhones but smaller than phones made by Samsung Electronics (005930:KS). The processors and chips are on a par with more powerful A...
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