News

  • Bourbon Production Bounces Back at Buffalo Trace Distillery

    The historic Buffalo Trace Distillery in Frankfort, Kentucky, faced unprecedented challenges when the Kentucky River flooded the distillery grounds in April, impacting every aspect of whiskey production. However, just five months later, the distillery has managed to bounce back, with production returning to normal and new whiskeys being introduced to their catalogue. Despite facing over $30 million in cleanup and repairs, the distillery has persevered, with the help of dedicated employees and supporters.

  • Jaguar Land Rover Production Halted Due to Cyberattack

    Jaguar Land Rover, Britain’s biggest automaker, announced on Tuesday that its production lines will remain shut down until at least Oct. 1 following a cyberattack in August. The shutdown has had a ripple effect throughout the U.K. auto industry, impacting tens of thousands of jobs in the supply chain. The company, owned by India’s Tata Motors, has not revealed much information about the nature of the attack but is working with law enforcement and the U.K. government’s National Cyber Security Center to ensure a safe restart of operations.

    The extended pause in production is aimed at providing clarity for the coming week as JLR builds a timeline for the phased restart of operations. Business Secretary Peter Kyle and Industry minister Chris McDonald are set to visit Jaguar Land Rover to discuss the situation with affected companies in the supply chain. The government has expressed its support for those facing financial difficulties due to the stoppage, assuring them that they are on their side and will do everything possible to help during this challenging time.

  • Amazon to Close Fresh Supermarkets in UK as Grocery Strategy Shifts

    Amazon announced plans to close all 19 of its Fresh supermarkets in the U.K. as it focuses on online delivery growth. Five Fresh locations will be converted into Whole Foods stores. The move comes as Amazon recalibrates its grocery strategy to emphasize online sales over physical stores.

    Amazon CEO Andy Jassy remains optimistic about the company’s grocery business, highlighting the success of online sales for everyday essentials. The company also plans to offer same-day delivery of groceries, including perishable items, in the U.K. starting next year.

  • Ransomware Attack on Collins Aerospace Continues to Disrupt European Airports

    A ransomware attack against Collins Aerospace has caused major disruptions in several airports across Europe for the fourth consecutive day. London’s Heathrow airport, Brussels airport, Berlin Brandenburg airport, and Dublin airport are all experiencing significant flight delays, with some airports reporting delays of up to one hour. Passengers are advised to check with their airlines for updates on their flights.

    Despite efforts to implement manual workarounds, the IT issues affecting check-in and boarding systems are still unresolved. Collin Aerospace’s parent company, RTX, has not provided any updates on the recovery process. Airports impacted by the ransomware attack are working towards a solution, but the timeline for a fix remains uncertain. Stay tuned for further developments on this ongoing situation.

  • Oracle Promotes Clay Magouyrk and Mike Sicilia to Co-CEO Roles as Company Focuses on AI Infrastructure Dominance

    Oracle is shaking up its executive suite as it sets its sights set on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles. Magouyrk joined Oracle in 2014 from Amazon Web Services. He was a founding member of Oracle’s cloud engineering team and has served as the president of Oracle’s cloud infrastructure business unit for more than a decade.

    Sicilia has served as the president of Oracle’s industries division since June. He held several different roles at the company since he joined through Oracle’s acquisition of project portfolio management company Primavera Systems in 2008. Safra Catz, who has been Oracle’s CEO since 2014, is moving into a new role as the executive vice chair of Oracle’s board of directors.

  • Pentagon Requires Journalists to Sign Pledge Restricting Reporting Freedom

    The Pentagon has introduced new restrictions for credentialed journalists, requiring them to sign a pledge not to report unauthorized information, even if it is unclassified. Failure to comply may result in the loss of access to the military headquarters. This move has been criticized by press freedom advocates as an attack on independent journalism.

    Defense Secretary Pete Hegseth emphasized the need for journalists to follow the rules and wear badges when inside secure facilities. The restrictions come amid a broader trend of increased government pressure on the media landscape, with President Donald Trump at the forefront of challenging traditional journalistic practices.

  • Tech Giants Tell H-1B Visa Holders to Stay in US

    Large tech companies like Amazon, Google, and Microsoft have instructed employees with H-1B visas to remain in the United States following President Trump’s proclamation of a $100,000 fee for visa applications. The companies have advised those with H-1B visas to avoid foreign travel for now and to return before the fee takes effect on Sunday at 12:01 am Eastern.

    According to reports, Amazon employees have been granted the most H-1B visas this fiscal year. The White House clarified that the fee will only apply to new applicants, not existing visa holders or renewals. H-1B visa holders are assured they can leave and re-enter the country as usual, unaffected by the recent proclamation.