Cryptocurrency start-up suffers ‘security breach,’ theft of $13.5 million worth of digital tokens
Cryptocurrency conversion platform Bancor has suffered a “security breach” that saw $13.5 million worth of digital tokens stolen. The Israeli start-up said Monday that a cryptocurrency wallet on its network had been compromised, leading to the theft of $12.5 million...
Companies are ditching plastic straws, but its alternative will cost you
As more and more companies ditch plastic straws, food distributors are looking for environmentally-friendly alternatives. The most obvious choice is paper straws, but they are expected to cost substantially more. “You’re looking at maybe ten times the cost,” Adam Merran,...
After-hours buzz: PCAR, WHD & more
Check out the companies making headlines after the bell: Shares of Paccar were up as much 2.5 percent in extended-hours trading, before pairing those gains. The truck manufacturing company announced a $300 million share repurchase of its outstanding common stock....
Red-state governor sticks with Trump on China trade war but warns US farmers can’t take much more pain
Republican Arkansas Gov. Asa Hutchinson told CNBC on Monday that he gives “confidence and latitude” to President Donald Trump in the China trade war but urges a quick resolution for the sake of the nearly 48,000 family owned farms in...
Mastercard is in talks with UK banks about launching cards with fingerprint scanners
Mastercard is holding talks with banks in the U.K. about bringing biometric payment cards to market. The credit card firm has been testing cards with in-built fingerprint scanners, which are used to verify customers’ identities. This is intended to replace...
How the trade war is changing minds in Tennessee, a Senate battleground
Jimmy Tosh’s sprawling hog farm in rural Tennessee is an unlikely battleground in the fight for control of the U.S. Senate. Yet his 15,000 acres (6,000 hectares) two hours west of Nashville showcase the practical risks of President Donald Trump’s...
Trump’s trade war splits a Missouri county into winners and losers
People don’t talk about trade tariffs in this stretch of the Mississippi River basin, where grains and metals have paid the bills for generations. They skirt the subject at church fundraisers and sidestep it at Jerry’s Café and Quick Stop,...
Workers are the new weapon as states go to extremes in the battle for business
Forequarter restaurant in Madison, Wisconsin, has managed to pull off a rare feat. Not only has it has stayed in business for six years, it is also still routinely referred to as trendy. On a recent visit, people were already...
Shares of Chinese smartphone maker Xiaomi stumble on their debut, slipping as much as 6%
Shares of Chinese smartphone maker Xiaomi stumbled on their debut in Hong Kong on Monday, opening for trade down more than 2 percent and slipping as much as 5.88 percent during the session. That came after a disappointing pricing and...
LeBron James brings more than NBA championships — he has a track record of boosting local economies
Cleveland has more than one reason to mourn LeBron James’ departure from the Cavaliers. While losing the four-time MVP could hurt its chances at another NBA trophy, it also could also dampen what’s currently a bustling economy around the Quicken...
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