Tuesday, August 8, 2017

One of the world's biggest bitcoin exchanges has been hacked and other top stories.

  • One of the world's biggest bitcoin exchanges has been hacked

    One of the world's biggest bitcoin exchanges has been hacked
    Smash-and-grab. Berliner Volksbank via Getty Images One of the largest bitcoin exchanges in the world has been hacked and 30,000 customers' data has been compromised, according to a report from Yonhap News. Bithumb is based in South Korea, and the country's internet watchdog Internet & Security Agency is investigating after some customers say they lost money in the attack. Bithumb did not immediately respond to Business Insider's request for comment, though it report..
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  • US laptop ban lifted on Emirates and Turkish Airlines

    US laptop ban lifted on Emirates and Turkish Airlines
    Image copyright Getty Images Emirates and Turkish Airlines have said the cabin ban on laptops no longer applies on their flights to the US.In March, the US banned laptops and other large electronic devices to and from eight mostly Muslim nations, fearing bombs may be concealed in them.Emirates, which flies to the US from its Dubai hub, said it worked with US authorities to meet new security rules.Turkish Airlines said it was also now allowing passengers travelling to the US to take their la..
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  • Monte Paschi looks to leave 'emergency room' and return to profit

    Monte Paschi looks to leave 'emergency room' and return to profit
    MILAN Italian bank Monte dei Paschi di Siena (BMPS.MI) set out plans to get out of the "emergency room" and return to profit on Wednesday, clearing the way for a state bailout that should remove the biggest threat to the country's financial stability.The world's oldest bank said on Wednesday it expected a net profit of more than 1.2 billion euros ($1.4 billion) in 2021, from a loss of 3.2 billion euros last year, as part of a restructuring plan approved by European authorities. "It's a conser..
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  • Oracle's stock climbs after analyst upgrade on cloud optimism

    Oracle's stock climbs after analyst upgrade on cloud optimism
    Shares of Oracle Corp. ORCL, +1.09% were indicated up nearly 1% in premarket trade Wednesday, after the s..
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  • Goldman predicts Tesla shares will get cut in half on 'plateauing' Model S sales

    Goldman predicts Tesla shares will get cut in half on 'plateauing' Model S sales
    While some investors may be optimistic on Tesla's Model 3 production plans, Goldman Sachs is concerned over slowing sales growth of the company's current electric cars. The report helped send Tesla's stock down about 5 percent in the first hour of trading. Goldman analyst David Tamberrino lowered his six-month price target for Tesla to $180 from $190, representing 49 percent downside from Monday's close. "We remain sell rated on shares of TSLA where we see potential for downside as the Model ..
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  • BREAKING: Postal worker admits to delivering drugs along Boca route

    BREAKING: Postal worker admits to delivering drugs along Boca route
    BOCA RATON For months a U.S. postal worker took cash bribes to deliver packages of drugs along her route in Boca Raton, the 53-year-old told federal authorities. On Friday, Evelyn Ramona Price pleaded guilty in federal court to bribery of a public official, a charge that carries a maximum sentence of 15 years in federal prison and a fine of $250,000. Federal authorities questioned Price in late October when a package she delivered to The Oaks in Boca Raton was addressed to a woman who didn’t..
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  • US stocks slip as Wall Street awaits Fed minutes

    US stocks slip as Wall Street awaits Fed minutes
    U.S. stocks alternated between gains and losses on Wednesday as investors awaited the release of the minutes from the Federal Reserve's latest meeting. The Dow Jones industrial average fell about 15 points, with Home Depot contributing the most losses. The 30-stock index briefly traded higher earlier in the session. The S&P 500 rose 0.1 percent, with information technology outperforming, after turning lower earlier on Wednesday. The Nasdaq composite outperformed, rising 0.4 percent. The Fed mi..
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  • Fed minutes in view, global stocks shift higher

    Fed minutes in view, global stocks shift higher
    LONDON (Reuters) - Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve's last meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, regaining half the losses it saw on Tuesday when North Korea fired a missile into Japanese waters. The organization's global shares index, however, reflected a relat..
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  • Just Like Bob Dylan, Volvo Is Going Electric

    Just Like Bob Dylan, Volvo Is Going Electric
    Say what you like about Volvo, whose vehicles are famously safe but boring, its staff certainly know how to write a press release. On Wednesday, the Chinese-owned Swedish auto-maker declared the end of the “solely combustion engine-powered car” and trumpeted how from 2019 all of its cars will have an electric motor.To be clear, that doesn’t mean Volvo is about to do away entirely with petrol or diesel engines, nor will it sell only fully electric cars, a la Tesla Inc.While Volvo does plan sever..
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  • Worldpay Agrees to $9.9B Merger with Vantiv

    Worldpay Agrees to $9.9B Merger with Vantiv
    Share Tweet Share Share Share Email Vantiv in, JPMorgan out. In a swift denouement to merger speculation that Worldpay, the biggest payment processing firm in the United Kingdom, would be a takeout candidate for some of its largest rivals across the pond, Vantiv and Worldpay said Wednesday that they had agreed in principle on a merger worth about $9.9 billion. The deal gives Vantiv greater reach internationally, which had been a point of strategic musings in the financial trade press, and va..
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