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Twitter delays launch of new API software following hack

Twitter Inc said on Thursday it is delaying the launch of its new Application Programming Interface (API) following the recent hack of several high-profile accounts.

Markets

US retail sales snap back; high unemployment, rising COVID-19 loom over recovery

U.S. retail sales rose more than expected in June as consumers bought big-ticket items like motor vehicles and dined out, but a resurgence in new COVID-19 cases is chipping at the budding recovery, keeping 32 million Americans on unemployment benefits.

Markets

Focus falls on bitcoin trail in race to identify Twitter hackers

Hackers who targeted some of Twitter's top users to reap bitcoin worth US$120,000 have likely left digital footprints that could offer clues for law enforcement agencies investigating the attack, three blockchain analysis companies told Reuters.

Markets

American, JetBlue team up to boost New York flying and drive recovery

American Airlines and JetBlue Airways said on Thursday they were forming a strategic partnership to boost flying options in New York and Boston and create what executives called a "growth engine" to recover from the COVID-19 pandemic.

Markets

US Justice chief assails Chinese ‘economic blitzkrieg’

US Attorney General Bill Barr blasted China Thursday for mounting an "economic blitzkrieg" on global free markets in the latest broadside against Beijing from the Trump administration.

Markets

Exclusive: US FBI is leading an inquiry into the Twitter hack – sources

The U.S. Federal Bureau of Investigation is leading a federal inquiry into the Twitter hacking, two sources familiar with the situation said, after hackers seized control of accounts belonging to Joe Biden, Kim Kardashian and others in what appeared to be a bitcoin scam.

Markets

Investors sue Deutsche Bank and its CEO in wake of Epstein fine

Investors are suing Deutsche Bank and its CEO Christian Sewing, alleging the bank made false and misleading statements before it agreed to pay a US$150 million fine for compliance failures linked to disgraced financier Jeffrey Epstein.

Markets

Twitter scammers just wanted money. But what if they had worse plans?

U.S. lawmakers sought an explanation from Twitter Inc after hackers gained access to the social media company's internal systems to hijack accounts of several politicians, billionaires, celebrities and companies.

Markets

Ebay nears US$10 billion sale of classified ads unit – sources

Ebay has called a board meeting on Friday to select a buyer for its classified ads business in a deal potentially worth up to US$10 billion, sources close to the matter told Reuters.

Markets

Exclusive: J&J says in talks with Japan, Gates Foundation to lock in deals on COVID-19 vaccine

Johnson & Johnson Inc is in talks with the government of Japan and the Bill and Melinda Gates Foundation about locking up allocations of its potential COVID-19 vaccine in advance of it producing any of the medicines, Johnson & Johnson's chief financial officer Joseph Wolk told Reuters in an...

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