Fuel holding tanks are seen at Colonial Pipeline s Linden Junction Tank Farm on May 10, 2021 in Woodbridge, N.J.
For cybersecurity experts, the threat of an attack on critical U.S. infrastructure was always the doomsday scenario. Now, less than a week after hackers managed to knock an essential East Coast pipeline offline, that fear has become reality.
The attack against the operator of the system, Colonial Pipeline, led the company to announce Saturday that it had shut down 5,500 miles of pipeline carrying roughly 45% of fuel supplies for the entire East Coast. Colonial said Wednesday that it had initiated the restart of pipeline operations but warned that it would take several days for supply to return to normal. In the meantime, governors in at least three states have already declared states of emergency, and fears of fuel shortages have resulted in lines of panicked drivers at gas stations across much of the southeast.
Michael M. Santiago/Getty Images
hide caption
toggle caption Michael M. Santiago/Getty Images
A fuel tank is seen at Colonial Pipeline s Linden Junction tank farm in Woodbridge, N.J., on May 10. Michael M. Santiago/Getty Images
For cybersecurity experts, an attack on critical U.S. infrastructure was always the doomsday scenario. Now, less than a week after hackers managed to knock an essential East Coast pipeline offline, that fear has become reality.
The attack against the operator of the system, Colonial Pipeline, led the company to announce Saturday that it had shut down 5,500 miles of pipeline carrying roughly 45% of fuel supplies for the entire East Coast. Colonial said Wednesday that it had initiated the restart of pipeline operations but warned that it would take several days for supply to return to normal. In the meantime, governors in at least three states have already declared states of emergency, and fears of fuel shortages
Internal Communications Leader theEMPLOYEEapp Wins Two 2020 MarCom Awards
Mobile App Technology Provider for Employee Engagement Takes Home Platinum for Best Mobile App for Business and Gold for its Internal Comms TV Video Series
News provided by
Share this article
NEW YORK, May 12, 2021 /PRNewswire/ theEMPLOYEEapp, a leading provider of customized mobile applications for
internal communications, is a winner in the 2020 MarCom Awards, an international program hosted by the
Association of Marketing and Communication Professionals (AMCP). The MarCom Awards honor excellence in marketing and communication each year, recognizing the creativity, hard work, and generosity of industry professionals. Out of thousands of entries from across the globe, theEMPLOYEEapp took home two of the top awards: a
COVID-19 vaccine clinics in the Twin Tiers May 4-9 weny.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weny.com Daily Mail and Mail on Sunday newspapers.
Fundamental Context
The CFRA Focus ETF for May is Health Care Select Sector SPDR (XLV). In rating equity ETFs, CFRA combines fund-level attributes, including performance and costs, with holdings-level risk and reward analysis to provide a second opinion on what is inside the fund. XLV is appealing to CFRA as we look forward. Sam Stovall, CFRA’s Chief Investment Strategist, noted that the S&P 500 Index has typically struggled during the seasonally weak May-October period of the year, rising only 2.2% on average since 1990. However, the S&P 500 Health Care sector was the best performing sector gaining 4.8%.
The S&P 500 Health Care sector, which XLV seeks to replicate is diversified across key health care industries. Health Care Equipment & Supplies (29% of assets), Pharmaceuticals (27%), Health Care Providers & Services (20%) are the largest, but the ETF has meaningful exposure to Biotechnology (14%) and Life Sciences Tools & Services (9%) as well. The ETF is market-cap weighted wi