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South Korean crypto exchange loses $31 million from hack

Youkyung Lee, Associated Press  |  Posted Jun 19th - 9:39pm

A leading South Korean cryptocurrency exchange said Wednesday that $31 million worth of virtual currencies have been stolen by hackers, a latest in the series of recent hacks that raised security concerns.

Asian stocks take breather from trade tension; markets mixed

Annabelle Liang, Associated Press  |  Posted Jun 19th - 9:28pm

Asian markets were mixed on Wednesday as traders sidelined tariffs that the U.S. and China have threatened to impose on one another, focusing on positive housing data instead.

Survey: Companies in China feel pressure to give up tech

The Associated Press  |  Posted Jun 19th - 8:39pm

One in five foreign companies in China feels compelled to hand over technology for market access, a business group said Wednesday, highlighting a key irritant in an escalating U.S.-Chinese trade dispute.

Canadian senate passes weed bill but legalization delayed

Rob Gillies, Associated Press  |  Posted Jun 19th - 8:08pm

Canada's Senate gave final passage Tuesday to the federal government's bill to legalize cannabis, though Canadians will have to wait at least a couple of months to legally buy marijuana as their country becomes the second in the world to make pot legal nationwide.

Honolulu mayor vetoes bill to limit Uber, Lyft 'surge' fares

The Associated Press  |  Posted Jun 19th - 7:49pm

Honolulu's mayor has vetoed a bill aimed at setting limits for what ride-hailing services such as Uber and Lyft can charge during peak demand.

Washington, D.C., passes ballot initiative that would eliminate 2-tiered minimum wage for tipped employees

The Associated Press  |  Posted Jun 19th - 7:39pm

Washington, D.C., passes ballot initiative that would eliminate 2-tiered minimum wage for tipped employees.

California lawmakers move closer to regional electric grid

Jonathan J. Cooper, Associated Press  |  Posted Jun 19th - 7:19pm

A contentious proposal to link oversight of California's electric grid with other states in the U.S. West narrowly cleared a legislative hurdle Tuesday, keeping alive a proposal that has divided environmentalists over the best way to expand renewable energy.

After query, Ross shorted stock in Kremlin-tied firm: report

Marcy Gordon, Associated Press  |  Posted Jun 19th - 7:16pm

Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company.

Starbucks to accelerate store closings next year

The Associated Press  |  Posted Jun 19th - 6:17pm

Starbucks says it will accelerate its store closings in the U.S. next year as it tries to boost sluggish sales.

Google, Facebook, others speak out against child separation

Dee-Ann Durbin, Associated Press  |  Posted Jun 19th - 6:06pm

if any — they will have.

Guilty pleas in illegal shipping of hazardous waste

The Associated Press  |  Posted Jun 19th - 6:03pm

Three people have pleaded guilty in federal court to illegally transporting 9 million pounds of hazardous waste from Mississippi to Missouri without acquiring the proper permits.

Unionized MGM workers in Las Vegas voting to ratify contract

Regina Garcia Cano, Associated Press  |  Posted Jun 19th - 5:42pm

Thousands of unionized workers at Las Vegas casino-resorts operated by MGM Resorts International, including Bellagio, Aria and Mandalay Bay, were casting ballots Tuesday to decide whether to approve a new five-year contract.

Cooperator could soon testify in Buffalo Billion case

The Associated Press  |  Posted Jun 19th - 5:21pm

A key cooperator for the prosecution could soon testify in a criminal case that grew from a New York State economic redevelopment plan known as the Buffalo Billion.

Fox News Channel faces backlash from Hollywood creators

David Bauder, Associated Press  |  Posted Jun 19th - 5:18pm

Fox News Channel faces a growing backlash among Hollywood creators that intensified Tuesday following Laura Ingraham's description of "zero tolerance" detention facilities for children separated from their parents as "essentially summer camps."

GE to end more than 100-year run on Dow; Walgreens added

Alex Veiga, Associated Press  |  Posted Jun 19th - 5:08pm

General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate's more than 100-year run in the 30-company blue chip index.

Ford celebrates purchase of iconic Detroit train station

The Associated Press  |  Posted Jun 19th - 5:00pm

Ford Motor Co. is celebrating its purchase of Detroit's long vacant train depot that the company plans to redevelop for research and development of self-driving vehicles.

Disney names new Animation, Pixar chiefs post-Lasseter

The Associated Press  |  Posted Jun 19th - 4:38pm

Walt Disney Studios chairman Alan Horn says Tuesday that Jennifer Lee and Pete Docter are taking over for former Disney animation and Pixar chief John Lasseter, who is departing Disney at the end of the year following misconduct allegations.

US commander warns against leaving Afghanistan too rapidly

Lolita C. Baldor, Associated Press  |  Posted Jun 19th - 4:36pm

The battle-hardened Army commander nominated to take over U.S. military operations in Afghanistan warned senators Tuesday that if America leaves the fight too rapidly, there is a risk Islamic State militants could merge with al-Qaida and plan attacks against the U.S. or its allies.

The Dow then and now: original, current members of index

The Associated Press  |  Posted Jun 19th - 4:11pm

S&P Dow Jones Indices announced Tuesday that General Electric would be replaced in the Dow Jones industrial average by Walgreens Boots Alliance.

FedEx profit rises on increase in volume, shipping rates

The Associated Press  |  Posted Jun 19th - 3:56pm

Higher rates, steady business fueled by economic growth and tax benefits helped FedEx Corp. boost fourth-quarter profit 10 percent to $1.13 billion.