Two Boeing 747 jumbo jets sold in China Taobao auction

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Two Boeing 747 jumbo jets sold in China Taobao auction

Two Boeing 747 planes have been sold on the Chinese e-shopping website Taobao for more than 320m yuan ($48m; £36m). The jumbo jets are from a defunct cargo company and the court handling the bankruptcy had been trying to sell them for years.
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Uber Hack 'Raises Huge Concerns' With UK Data Regulator

Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world, the company told Bloomberg on Tuesday. The ICO is now working with the National Cyber Security Centre and other U.K. authorities regarding the hack.
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Study: Accounting for Wealth, Income Disparities in the US

A recent study by the Urban Institute on wealth and income from 1963 to 2016 makes clear that while overall wealth in the U.S. has risen across the board, there's a disproportionately lower increase among blacks, Hispanics and other nonwhite populations. Why is that? It's a combination of income
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General Electric to Lose 9 Board Members

General Electric announced as part of its investor update last week that it would shrink its board from its current 18 members to 12 by April of next year, while adding three new directors with “relevant industry experience.
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Centrica to Cancel Standard Tariffs in Rebuff to May's Price Cap

Centrica Plc set out a plan for how the U.K. energy retail market should be reformed, including scrapping its own so-called standard variable tariffs for new customers. The change in how Britain's biggest supplier of power and gas to households charges its customers for energy is part of a package of
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