The Latest: FedEx cyberattack damage 'could be material'
June 29, 2017
PARIS (AP) — The Latest on a widespread cyberattack that is affecting companies and government systems (all times local):
Logistics firm FedEx says deliveries by its TNT Express subsidiary have been slowed by the global cyberattack, another sign of how major companies are struggling to deal with the fallout from an especially virulent outbreak of data-scrambling software.
In an announcement Wednesday, the company based in Memphis, Tennessee, said it had been "significantly affected" by the malicious program, which emerged in Ukraine on Tuesday before spreading around the world....