Airlines slash outlooks, Las Vegas outage, 3M: Top Stories

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Spirit Airlines (SAVE) and American Airlines (AAL) slash their third-quarter outlooks over rising jet fuel prices. Cyberattacks have left Las Vegas casinos and hotels like MGM Grand (MGM) limiting their daily operations 3M (MMM) shares slide after lowering sales guidance on China's slower-than-expected economic recovery. Yahoo Finance Live anchor Seana Smith breaks down several of the day's biggest stories.

Yahoo Finance Live anchor Seana Smith breaks down several of the day's biggest stories.Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingSome large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, despite inflation heating up in August on the back of surging energy prices.

WASHINGTON — The nation's biggest technology executives on Wednesday loosely endorsed the idea of government regulations for artificial intelligence at an unusual closed-door meeting in the U.S. Senate. But there is little consensus on what regulation would look like, and the political path for legislation is difficult.

 

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FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across USLAS VEGAS (AP) — Casino operator MGM Resorts International said Tuesday that resorts are open and an investigation is continuing after what it called a “cybersecurity issue” led to the shutdown of computer systems at company properties across the U.S. The FBI characterized the investigation as ongoing but Special Agent Mark Neria, spokesperson for the bureau in Las Vegas, said no additional information is available. Las Vegas-based MGM Resorts said the event started Sunday and that it shut down
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

MGM Websites Remain Down After Cyberattack Hits Casinos and HotelsMGM Resorts International’s websites, including its reservations platform, remained down early Tuesday after a cyberattack that began two days earlier.
Source: BNNBloomberg - 🏆 83. / 50 Read more »