An incompatibility with a software update and subsequent attempt to fix it were the root cause of glitch that forced a nearly four hour long suspension of trading on the New York Stock Exchange on Wednesday.
The New York Stock Exchange suffered its biggest outage in more than 10 years on Wednesday when an unspecified technical glitch forced a 3.5-hour long suspension of trading.
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Automated teller machines have been around for decades, but surprisingly few changes have been made to the technologies that run them. That's about to change.
Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.
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