CNN Money's Maribel Aber has the latest business and financial news for Monday, June 9.
NEW YORK, NY (CNN) - CNN Money's Maribel Aber has the latest business and financial news for Monday, June 9.
A former top Republican in the Arkansas House who was a key playing in rallying GOP lawmakers' opposition against the federal health overhaul is now being painted as a cheerleader for the same law as he seeks a state Senate seat. Tuesday's Republican runoff for a north Arkansas state Senate seat has turned into the latest fight over the state's "private option" compromise Medicaid expansion. The race pits state Rep. John Burris against Scott Flippo, who owns an assisted living facility in Bull Shoals.
One thing that will get worse as the economy improves? Your commute. In 2013, Americans on average spent more than 20 additional hours in traffic, losing two-and-a-half work days to crawling on the road, according to a report from GPS device maker TomTom (TOM2). The delay was up more than two hours from the year before. As more people hit the road traveling to new jobs, expect congestion to get worse.
The safety feature keeping your Web communication private -- the same one recently affected by the nasty Heartbleed bug -- has even more problems. You can call this one the "handshake bug." Computers and Web servers initiate secure conversations with one another in a process known as a "handshake." But this week, security researchers discovered a flaw in the way they shake hands. The bug allows a hacker operating between you and a website -- say, connected to the same public Wi-Fi network -- to snoop in on your Internet session.
Lunch with Warren Buffett goes for $2.2M
A Singaporean man will pay $2,166,766 to have lunch with Warren Buffett, the fourth biggest-ever winning bid in an annual charity auction. A representative of the San Francisco-based Glide Foundation, which gets 100 percent of the profits from the sale, identified the winner as Andy Chua of Singapore. The winning bid was made just six minutes before the online auction ended at 10:30 p.m. ET Friday night. This year's price is more than double the $1,001,000 paid by last year's anonymous winning bidder.