Business

Business

London police seize bitcoin worth $667,000 from hacker

LONDON (AP) — London police have seized half a million pounds ($667,000) worth of bitcoin from a prolific computer hacker in a case described as the first of its kind for the 188-year-old department. Cybercrime detectives seized the bitcoin from Grant West, 26, who was sentenced to 10 years and 8...


Business

The Latest: Complaints vs Google, Facebook under new EU law

AP Explains-European Data Privacy-1

LONDON (AP) — The Latest on the European Union’s new data privacy law (all times local): 12:35 p.m. A group that campaigns for data protection rights in Europe says it’s filed legal complaints against Google, Facebook, Instagram and WhatsApp over the way they obtain users’ consent under new EU...


Business

Qualcomm execs to get severance if they're fired after sale

(c) 2018, Bloomberg. Qualcomm’s top executives will be eligible to receive cash severances if they’re fired after a change in control of the firm, reversing a long-standing policy of not providing such payments for senior managers. Executive vice presidents and higher-ranked employees are entitled...


National

Weinstein faces sex charges in prosecution amid #MeToo

Sexual Misconduct-Weinstein

NEW YORK (AP) — Flinching when he heard himself described as a man who used power to prey on women, Harvey Weinstein was charged Friday with rape and another sex felony in the first prosecution to result from the wave of allegations against him that sparked a national reckoning over sexual...


Business

Pinterest 2017 sales said to rise 58 percent to $473 million

(c) 2018, Bloomberg. Pinterest sales jumped 58 percent to $473 million last year after marketers spent more on its digital ads, people familiar with the matter said. The online image search company missed internal revenue goals for the first half of 2017, but exceeded expectations in the second...


Business

Major investor in Pebble Mine pulls out, putting controversial Alaska project in jeopardy

(c) 2018, The Washington Post. The major financial investor in the Pebble Mine project has pulled out, Northern Dynasty Minerals Ltd. announced Friday, dealing a serious blow to the firm’s plan to build a controversial gold and copper mine near Alaska’s Bristol Bay. The stock price of Northern...


World

Brazilian truckers' strike over fuel costs enters fifth day

Brazil Truckers Protest

RIO DE JANEIRO (AP) — Thousands of Brazilian truckers angry over fuel price hikes blocked roads on Friday, the fifth day of a strike that led thousands of schools to shutter, long lines to form and several flights to be canceled. The strike continued despite a deal reached late Thursday between the...


Business

Catalyst sells US operations to China company

RUMFORD, Maine (AP) — Canadian company Catalyst Paper Corp. is selling its U.S. operations, including a pair of paper mills in Maine and Wisconsin, to a Chinese company that has no immediate plans for changes, officials said Friday. A subsidiary of Nine Dragons Paper is paying $175 million for the...


Business

The top 10 songs and albums on the iTunes Store

iTunes charts for week ending May 24, 2018 Top Songs 1. Like That, Kris Wu 2. In My Blood, Shawn Mendes 3. The Middle, Zedd, Maren Morris & Grey 4. FAKE LOVE, BTS 5. Walk My Way, Brynn Cartelli 6. Whatever It Takes, Imagine Dragons 7. Psycho (feat. Ty Dolla $ign), Post Malone 8. No Tears Left to...


Business

Russia's ex-US envoy: Trump wants better ties with Russia

Russia Economic Forum

ST. PETERSBURG, Russia (AP) — “Toxic” political infighting is preventing U.S. President Donald Trump from improving relations with Moscow, Russia’s former ambassador in the United States and a long-time Trump campaign contact told The Associated Press on Friday. Ties between the two countries have...


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