Coinbase, the largest cryptocurrency exchange based in the United States, said that criminals improperly had obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info. Coinbase CEO Brian Armstrong said in a social media post last week that criminals had [...]
MONTGOMERY, Ala. (AP) — Alabama lawmakers have passed legislation that would make it a felony to knowingly bring someone into the state who is in the United States illegally, echoing similar bills nationwide that could restrict domestic travel for some immigrants. The legislation given final approval last week protects “not only the citizens of Alabama [...]
UNITED NATIONS (AP) — The United Nations last week forecast slower global economic growth this year and next, pointing to the impact of new American tariffs and increasing trade tensions. U.N. economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence. “These days, there’s so much [...]
More than 2,000 Starbucks baristas at 120 stores have gone on strike since May 11 to protest the new dress code, according to Starbucks Workers United, a union representing the coffee giant’s American workers. Starbucks put new limits on what its baristas may wear under their green aprons. The dress code requires employees at company-operated [...]
FRANKFURT, Germany (AP) — Pharmaceutical company Novo Nordisk A/S, maker of weight loss drug Wegovy, said its CEO was stepping down by “mutual agreement” with the company’s board of directors, citing “recent market challenges” and a steep decline in the company’s share price. Lars Fruergaard Jorgensen’s departure comes a week after the company downgraded its [...]
NEW YORK (AP) — Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs across the United States due to an issue that may cause a loss of brake function while driving, increasing crash risks. According to documents published by the National Highway Traffic Safety Administration, the front brake lines in the now-recalled [...]
NEW YORK (AP) — After a week of promises to alter the policy, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect this week that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. “These new requirements would have [...]
WASHINGTON (AP) — Applications for jobless benefits held steady as layoffs remain low, according to a new report from the federal government. The number of Americans applying for unemployment aid was unchanged at 229,000 for the week ending May 10, the Labor Department said. That’s in line with the 230,000 new applications analysts forecast. Weekly [...]
NEW YORK (AP) — HBO is returning — at least in a name. Warner Bros. Discovery last week said that it was rebranding its streaming service as HBO Max this summer, instead of the current Max. The Max name dated to Warner’s merger with Discovery and was considered a curious choice when made in 2023. [...]