10 Things to Know for Today

Your daily look at late breaking news, upcoming events and the stories that will be talked about today: 1. TRUMP ATTACKS LAWMAKERS AGAIN IN NORTH CAROLINA He turns ...

Bitcoin craze hits Iran as US sanctions squeeze weak economy

TEHRAN, Iran (AP) — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, promp...

Cryptocurrencies, digital tax top agenda for G-7 meeting

PARIS (AP) — Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet at a cha...

Facebook's new currency plan under scrutiny in Congress

WASHINGTON (AP) — Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Tru...

Japan crypto exchange loses $32 million of virtual money

TOKYO (AP) — A Japanese cryptocurrency exchange has reported a hack causing the loss of 3.5 billion yen, or $32 million, worth of virtual money. Tokyo-based Remixpoint, which runs th...

Facebook's digital currency may flourish where banks don't

NEW YORK (AP) — Europeans and Americans have their Visa and Mastercards. For everyone else, here comes ... Libra? Facebook's new Libra digital currency is aimed at a huge potential m...

State TV: Iran closes down 2 cryptocurrency mining farms

TEHRAN, Iran (AP) — Iran's state TV is reporting that authorities have shut down two cryptocurrency mining operations in the central part of the country. The Thursday report said the...

Europol: 6 arrested in UK, Netherlands in Bitcoin scam

THE HAGUE, Netherlands (AP) — The European Union's police agency says authorities in the Netherlands and Britain have arrested six people suspected of involvement in a cryptocurrency theft worth 24 mi...

Cryptocurrencies need close scrutiny, monitor warns

FRANKFURT, Germany (AP) — An international financial monitor warned world leaders on Tuesday that wider use by retail shoppers of cryptocurrencies like Libra, unveiled last week by Facebook, would nee...

Florida city pays $600,000 ransom to save computer records

FORT LAUDERDALE, Fla. (AP) — A Florida city agreed to pay $600,000 in ransom to hackers who took over its computer system, the latest in thousands of attacks worldwide aimed at extorting money from go...

Twice burned: Winklevii overshadowed by Zuckerberg yet again

SAN FRANCISCO (AP) — First they accused Mark Zuckerberg of lifting their idea for Facebook. Now, 15 years later, Harvard twins Tyler and Cameron Winklevoss are once again seeing the Facebook CEO steal...

Business Highlights

___ Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook has unveiled an ambitious plan to create a new digital currency for globa...

MoneyGram surges and Nvidia rallies while Facebook slips

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Facebook Inc., down 54 cents to $188.47 The social media company unveiled plans to cre...

Tech, industrial stocks surge following big gains in Europe

NEW YORK (AP) — Stocks rose sharply in early trading on Wall Street Tuesday, following big gains in Europe, as investors got back their appetite for risk. European markets jumped aft...

The Latest: Facebook plans its own crypto currency

NEW YORK (AP) — The Latest on Facebook's new digital currency. (all times local): ___ 8:40 a.m. Facebook is unveiling plans to create a new digita...