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A $445B economic threat you aren't prepared for

The hacking underworld is exploding as skilled well-funded criminals target US companies and consumers to steal whatever they can.
Source: CNBC.com | By: Harriet Taylor
Top China defector passes state secrets to US

The brother of a disgraced Communist official is believed to be the most valuable Chinese defector to the US, the Financial Times reports.
Source: Financial Times | By: Jamil Anderlini and Tom Mitchell
Johnson & Johnson, ViaCyte testing possible diabetes cure

Johnson& Johnson, continuing its long quest for a Type 1 diabetes cure, is joining forces with biotech company ViaCyte to speed development of the first stem cell treatment that could fix the life-threatening hormonal disorder. They've already begun testing it in a small number of diabetic patients. ViaCyte and Johnson& Johnson's Janssen BetaLogics group...
Source: The Associated Press | By: By LINDA A. JOHNSON, AP Business Writer
Op-Ed: How we'll fix the FAA: US Rep

Congressman Carlos Curbelo has co-sponsored a bill to reform the FAA that he says will make air travel safer and more efficient.
Source: CNBC.com | By: Congressman Carlos Curbelo
GlaxoSmithKline posts loss as it integrates new businesses

LONDON— British-based drugmaker GlaxoSmithKline posted a loss of 428 million pounds for the fourth quarter of 2015— compared with a profit of over 1 billion pounds for the same period a year earlier— as the company moved to integrate new businesses. Those deals included GSK's sale of its cancer-drug business to Novartis in a swap for the Swiss company's...
Source: The Associated Press
Comcast loses fewest TV customers in 8 years

NEW YORK— Comcast is trumpeting its best year for traditional TV services in nearly a decade, even though it continues to lose TV subscribers. The number of traditional TV customers is still declining across the industry, and analysts say Comcast's TV gains are largely coming from competitors, like AT&T and Dish, rather than young new cable customers who have...
Source: The Associated Press | By: By TALI ARBEL, AP Technology Writer
Hydrogen fuel cells... on a plane?

European airline easyJet on Tuesday unveiled its plans for a zero emissions hydrogen fuel system which it says could save about 50,000 tons of fuel per year.
Source: CNBC.com | By: Anmar Frangoul | Special to CNBC.com
China company accused of fleecing investors of $7.6 billion

BEIJING— Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could be the biggest financial fraud in Chinese history. State broadcaster CCTV aired purported confessions from two former employees at Ezubao, an Anhui Province outfit that rose from obscurity to...
Source: The Associated Press
UPDATE 2-Mexico to launch wholesale mobile network tender on Friday

*Looks to curb dominance of Carlos Slim's America Movil network. The project, which was meant to be launched by 2014, is part of a sweeping telecoms reform aimed at curbing the dominance of Carlos Slim's America Movil and improving Mexicos low levels of cell phone penetration and network coverage. However, in a move unlikely to please operators America Movil,...
Source: Reuters | By: Christine Murray and Tomás Sarmiento
UPDATE 1-Amgen 4th quarter profit tops Street; raises 2016 forecast

Amgen said it now expects 2016 adjusted earnings of $10.60 to $11.00 per share, up from its prior view of $10.35 to $10.75, reflecting U.S. congressional approval of the research and development tax credit and delays in competition from biosimilar versions of some of its products. The world's largest biotechnology company posted a net profit of $1.8 billion, or...
Source: Reuters