Shares rise…More hacking…Small-scale clothes making catches on
TOKYO (AP) – Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for resolving the trade dispute between the U.S. and China. Futures point to slight opening gains on Wall Street. U.S. benchmark crude oil was flat at just under $65.50 per barrel. The dollar fell against the yen and the euro.
UNDATED (AP) – Microsoft said Tuesday it has discovered fake websites that appeared to spoof two American conservative organizations and the U.S. Senate and that they were created by a hacking group tied to the Russian government . Microsoft didn’t offer any further description of the fake sites revealed ahead of the midterm elections. A Microsoft official says there is no sign the hackers were successful in persuading anyone to click on the fake websites, which could have exposed a target victim to computer infiltration, hidden surveillance and data theft.
LONDON (AP) – Customer demand for something unique is helping small clothes manufacturers buck the globalization trend and create jobs in developed countries that had long seen such work disappear. While international brands like H&M and Zara still dominate the clothing market, small manufacturers are finding a niche by using technology and skill to bring down costs and targeting well-heeled customers who are willing to pay a little more for clothes that aren’t churned out by the thousands half a world away. Profits at smaller national clothing firms grew 2 percent over the last five years.
UNDATED (AP) – After more than a century behind bars, the animal crackers will now roam free. Mondelez International, the parent company of Nabisco, has redesigned the packaging of its Barnum’s Animals crackers after relenting to pressure from People for the Ethical Treatment of Animals. The redesign of the boxes, now on U.S. store shelves, retains the familiar red and yellow coloring and prominent “Barnum’s Animals” lettering. But the new boxes feature a zebra, elephant, lion, giraffe and gorilla wandering side-by-side in a grassland.
TRAVERSE CITY, Mich. (AP) – Federal officials said Monday they were prepared to act quickly if oil pipelines in a sensitive Michigan waterway leak, drawing a skeptical response from a U.S. senator who said the handling of a suspected anchor strike on a pipe last spring exposed flaws in the system. Sen. Gary Peters, a Michigan Democrat, questioned the readiness of government agencies and the forthrightness of Enbridge Inc., owner of Line 5. A nearly 5-mile, dual segment of the pipeline runs beneath the Straits of Mackinac, where Lakes Huron and Michigan converge.