Russian Intelligence Officers Face Hacking Charges in U.S
Total Page:16
File Type:pdf, Size:1020Kb
P2JW294000-5-A00100-17FFFF5178F ***** TUESDAY,OCTOBER 20,2020~VOL. CCLXXVI NO.94 WSJ.com HHHH $4.00 DJIA 28195.42 g 410.89 1.4% NASDAQ 11478.88 g 1.7% STOXX 600 366.81 g 0.2% 10-YR. TREAS. g 5/32 , yield 0.760% OIL $40.83 g $0.05 GOLD $1,906.40 À $5.60 EURO $1.1772 YEN 105.43 Protesters Bring Lagos, Africa’s Biggest City, to Standstill Intel Sells What’s News Key Chip Unit for Business&Finance $9 Billion ntel reached adeal to sell Iitsflash-memorymanu- Deal with Korean facturing businesstoSK Hynix forabout $9 billion, company SK Hynix amovethat would reorient marks withdrawal the U.S. chip giant away from an area that has become in- from memory market creasingly challenged. A1 BY CARA lOMBARDO Battery-related fires AND DANA CIMILLUCA that have led to vehicle re- calls and safety probes are Intel Corp.has reached adeal posing anew challengeto to sell itsflash-memorymanu- automakersintheir race to facturingbusinesstoSouth Ko- sell more electric cars. A1 rea’sSKHynix Inc.for about $9 ConocoPhillips agreed billion, in amovethat would re- to buy Concho for $9.7 bil- orient the semiconductor giant lion in what would be the away from an area of historical largest U.S. oil deal since importance that has become in- the pandemic began roiling S creasingly challenged. global energy markets. B1 TheIntel unit makes NAND PRES Pioneer Natural Re- flash memoryproductsprimar- sourcesisintalks to buy TED ily used in devices such as hard CIA Parsley Energy,asawaveof SO drives,thumb drives and cam- consolidation takeshold in AS eras.The U.S. chip maker has the beleaguered oil patch. B2 MBA/ been weighing getting out of ALA the businessfor some time, The Dow fell 1.4% amid AY driven by sagging prices for uncertainty surrounding flash memory. stimulus talks. TheS&P 500 SUND BLOCKED: Demonstrations againstpolicebrutality brought Lagos, Nigeria, to ahalt on Monday, as tens of thousands of Under the deal, SK Hynix and Nasdaq retreated 1.6% protesters closed offmajor roads throughout the sprawling commercial hub,escalating astandoff with the government.A7 plans to buy most of Intel’s and 1.7%, respectively. B1 memory business, including Alibaba said it would pay the related memorymanufac- $3.6 billion to take control turing operations in Dalian, of SunArt, China’slargest China, the companies said big-boxretailer and amajor Monday. Intel will keep itsOp- rival to Walmart there. B1 Russian Intelligence Officers tane line of memoryproducts, an advanced type of storage Atechnical glitch halted used heavily in datacenters. trading on exchanges owned Theoperations being ac- by Euronext at one of the quired by SK Hynix generated busiest times of the year for Face Hacking Charges in U.S. about $2.8billion in sales in European stock markets. B1 thefirst six months of this Channing Dungey,afor- year,the companies said. That mer executiveatNetflix and BY DUSTIN VOLZ GRU, has previouslybeen linked Manyofthe cyberattacks Valeryevich Ochichenko, and representsthe lion’sshareof Disney,has been selected by U.S. authorities to cyber in- had previouslybeen attributed Petr Nikolayevich Pliskin—are Intel’soverall memorysales of to be the next chairman of WASHINGTON—Federal terferenceoperations during the to the Russian government, but believed to be residentsofRus- $3 billion during that period. Warner Bros.Television. B3 prosecutorsunsealed charges 2016 U.S. election,and one of the indictmentsunsealed on sia and couldn’t be reached to Thedeal would makeSK against six Russian intelligence the accused has already been in- Mondayare the firstU.S.crimi- comment. They areunlikely Hynix one of the world’slargest TheFed is in no hurryto officersaccused of engaging in dicted by the U.S. in connection nal chargeslinking them to ever to be extradited to the U.S. NANDmemorymakers. SK issue adigital currency, Pow- some of the most destructive with alleged Russian hacking at- named Russian intelligenceof- TheRussian Embassy in Hynixand Intel’scombined ell said, citing unresolved cyberattacks of recent years, temptsonU.S.election systems. ficers.The defendantsare Washingtondidn’t respond to a market sharewas morethan concerns including the po- including operations that Theindictments, covering chargedwith several countsin- request to comment. 20% in the second quarter,ac- tential fortheftand fraud. A2 knocked out Ukraine’senergy activity from 2015 to 2019,re- cluding conspiracy, computer All six were placed on the cording to Taiwan-based re- grid, exposed emails from the flect howMoscow has become hacking, wirefraud and aggra- FBI’smost-wanted list. Mr. search firm TrendForce,trailing French president’sparty and increasingly aggressiveinusing vatedidentity theft. Kovalev wasalso indicted in only South Korean giant Sam- World-Wide crippled corporatenetworks in arangeofcyber weapons to Thedefendants—Yuriy 2018 by former special counsel sung Electronics Co., which a2017attack on businesses. achieveits geopolitical aims Sergeyevich Andrienko, Sergey RobertMueller in relation to held over 30% of the market. U.S. prosecutorsunsealed Theprolific hacking unit and attempt to destabilize Vladimirovich Detistov,Pavel Russian hackingattemptsoN While Intel is best known for chargesagainst six Russian within Russia’smilitaryintelli- some of itsrivals,prosecutors Valeryevich Frolov,Anatoliy U.S. election systems ahead of making the central processing intelligenceofficersaccused genceservice, known as the and analystssaid. Sergeyevich Kovalev,Artem PleaseturntopageA8 PleaseturntopageA6 of engaging in some of the most destructive cyberat- tacks of recent years, includ- INSIDE ing one that crippled cor- Electric-Car BatteryFires poratenetworks in 2017. A1 Pelosi and Mnuchin edged closer on some of the policy differences ComplicateWider Rollout holding up a sweeping cor- onavirus relief package, but disputes remained. A3 BY BEN FOLDY tery is located. possible remedies,and that Thepresidential candi- Ford Motor Co.said last safety is their primaryconcern. dates’ microphones will be Automakersare confronting week it is delaying the U.S. in- BMW said that most of the cars muted during partsoftheir anew challengeintheir race to troduction of itsEscape plug-in affected hadn’t yetbeen sold to final debateThursday, as or- sell moreelectric cars:battery- hybrid afterfireconcerns sur- customers. ganizersseek to limit inter- related firesleading to vehicle faced this summer in similar One ChevyBolt fire resulted ruptions and crosstalk. A6 recalls and safety probes. vehicles sold in Europe.Inre- in asmoke-inhalation injury, U.S. safety regulators cent weeks,Hyundai Motor Co. safety regulatorssaid. The TheSupreme Court re- SPORTS PERSONAL JOURNAL opened aprobe this month and BMW AG have initiated other three carcompanies said fused to disturb aruling by World Series matchup Doctorswho had intomorethan 77,000 electric world-wide recalls to address they have had no injuries. Pennsylvania’shighest court is referendum on Covid-19 struggle with Chevy Bolts made by General problems with batteryfires in Researchershavesaid the that extended the battle- Motors Co.after two owners plug-in models. risks of fire in an electric vehi- ground state’sdeadline for baseball’s symptoms thatwon’t complained of firesthat ap- GM, Ford and Hyundai said cle arecomparable with those accepting mail-in ballots. A4 economics. A14 go away. A11 peared to have begun under they arestill investigating the of gasoline-poweredcars. Addi- Thejustices agreed to the back seat, where the bat- fires’ causes and looking into PleaseturntopageA2 reviewthe administration’s construction of aborder wall with military funds and its One Man “Remain in Mexico” require- FarmersFavor Trump, ment forasylum seekers. A4 Trump said he would re- Versus the move Sudan from a list of DespiteTrade Woes countries that sponsor ter- Fax Machine rorism onceitcompletes pay- ment of asettlement to vic- iii tims of terrorist attacks. A8 Japan’s former Many believe Biden would bring stricter TheU.S.military helped environmental regulations, higher taxes rescue U.A.E. soldiersafter defense minister a2017helicopter crash in BY JACOB BUNGE producer profits in a three- Yemen, building trust that battles old tech year roller-coaster ride that helped pave the way forthe About two months into threatened the Prestage fam- Israel-U.A.E. peacedeal. A8 BY ALASTAIR GALE the Trump presidency, Ron ily’s biggest-ever investment. French officials vowed to Prestage clutched a shovel “He’s made things more It all startstomorrow. crack down on civic groups TOKYO—As foreign minis- and grinned at a photogra- volatile, with the saber-rat- they said were promoting terand later defense minister, pher on an Iowa cornfield. tling,” said Mr. Prestage, 65. radical Islam, days afterthe Taro Kono shouldered Japan’s He had $309 million riding “It does create a lot of angst Be frontrow. beheading of ateacher. A8 biggest global challenges, on 160 acres near the town and concern about, ‘Oh my among them China’smilitary of Eagle Grove, the site of a God, what is he doing?’ ” rise and an unpredictable U.S. future pork plant that would Yet Mr. Prestage plans to CONTENTS Opinion.............. A15-17 president. help his family’s company, vote for Mr. Trump, as he Arts in Review... A13 Personal Journal A11-12 Business News...... B3 Sports....................... A14 Nowone mission stands be- Prestage Farms Inc., tap did in 2016. He and many Capital Journal...... A4 Technology............... B4 tween the ambitious 57-year- surging U.S. exports. other farmers say they be- Crossword.............. A13