Career News 24/7: Before the Bell: Exclusive: U.S. companies seek cyber experts for top jobs, board seats

Friday, May 30, 2014

Before the Bell: Exclusive: U.S. companies seek cyber experts for top jobs, board seats

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05/30/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Exclusive: U.S. companies seek cyber experts for top jobs, board seats

NEW YORK (Reuters) - Some of the largest U.S. companies are looking to hire cybersecurity experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly worried about hacking threats.

U.S. consumer spending takes a breather, inflation rising

WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in a year in April, but there are signs inflation is stirring, with an inflation gauge rising at its quickest pace since November 2012.

Capital concerns hit BNP Paribas on report of $10 billion U.S. fine

PARIS/LONDON (Reuters) - Fears that a looming U.S. fine on BNP Paribas could be big enough to force it to raise capital and restrict its dividends hit France's biggest bank on Friday, driving its shares to their lowest level in more than eight months.

Shares edge lower after setting highs, all eyes on ECB

LONDON (Reuters) - Global shares edged lower after hitting new highs on Friday, with investors positioning cautiously on the last trading day of the month and ahead of expected changes to European Central Bank policy next week.

U.S. Fed seen sticking to range when hiking interest rates

NEW YORK (Reuters) - Don't count on the U.S. Federal Reserve to go back to a numerical bulls-eye to aim at when it finally decides to raise interest rates. A target range for the federal funds rate may well be here to stay, at least for the foreseeable future.

ECB and BoE set out proposals to boost EU securitization

LONDON/FRANKFURT (Reuters) - The European Central Bank and the Bank of England set out proposals on Friday to boost the market for asset-backed securities in the European Union and help the flow of credit to smaller businesses.

Siemens says 11,600 jobs affected by restructuring

MUNICH (Reuters) - German conglomerate Siemens confirmed on Friday that some 11,600 jobs would be affected by a restructuring unveiled by Chief Executive Joe Kaeser earlier this month, but said not all of these positions would necessarily be cut.

Sony creates senior entertainment unit role amid restructuring

TOKYO (Reuters) - Sony Corp has appointed for the first time a president for its profitable U.S.-based entertainment business, the latest in a series of management changes at the Japanese consumer electronics giant which is trying to bolster its finances.

easyJet chief executive McCall settled in for the long haul

LONDON (Reuters) - When Carolyn McCall took the top job at Britain's easyJet, the abrasive boss of rival low-cost airline Ryanair attempted to write her off as "some old media luvvie".

Indonesia testing Cadbury products after Malaysia halal uproar

JAKARTA/KUALA LUMPUR (Reuters) - Indonesian authorities said on Friday they were testing products made by British confectioner Cadbury to check they complied with Islamic standards after two chocolate varieties in neighboring Malaysia were found to be contaminated with pork DNA.