- 1. Panic buying continues as pipeline ramps up after cyberattack
- 2. Jobless claims fall to another pandemic low
- 3. Disney+ adds fewer subscribers than expected as economy reopens
- 4. Stock futures rise as Wall Street continues recovery from week's losses
- 5. Fractured beam forces closure of crucial Mississippi River bridge
1. Panic buying continues as pipeline ramps up after cyberattack
Gas lines and panic buying continued Thursday even after Colonial Pipeline started ramping up operations again after a ransomware attack disrupted a pipeline that supplies nearly half of the East Coast's fuel. Colonial Pipeline said all markets should have begun getting some fuel during the day, but much of the Southeast continued to be plagued by panic buying that made shortages worse and left more than half of the gas stations in Georgia, Virginia, and the Carolinas without fuel. President Biden warned that hoarders would only extend the crisis, and he encouraged people to be patient, because restarting the pipeline was "not like flicking on a light switch." Colonial Pipeline reportedly paid a nearly $5 million ransom in cryptocurrency to Eastern European hackers last week to restore their system.
2. Jobless claims fall to another pandemic low
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3. Disney+ adds fewer subscribers than expected as economy reopens
4. Stock futures rise as Wall Street continues recovery from week's losses
5. Fractured beam forces closure of crucial Mississippi River bridge
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