Business

FILE - In this April 3, 2013 file photo, Mike Caldwell, a 35-year-old software engineer, holds a 25 Bitcoin token at his shop in Sandy, Utah. As Venezuela’s national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars. (AP Photo/Rick Bowmer, File)
December 13, 2017 - 12:29 pm
CARACAS, Venezuela (AP) — In the last month, John Villar has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business in Venezuela — all in bitcoin. As Venezuela's national currency loses value at a catastrophic rate, thousands have begun...
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December 13, 2017 - 11:17 am
DETROIT (AP) — Uber says an outside cyber security firm hired after a massive data breach has found no evidence that rider credit card, bank account or Social Security numbers were downloaded by hackers. The company also says in a response to demands for information from U.S. senators that it has...
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Russian cybercrime suspect Alexander Vinnik, arrives at Greece's supreme court in Athens, on Wednesday, Dec. 13, 2017. Greece's Supreme Court holds an extradition hearing for Russian cybercrime suspect Alexander Vinnik, wanted in the United States on charges of laundering billions of dollars' worth of bitcoin. Vinnik is the subject of a judicial tug-of-war between the U.S. and Russia, which is also seeking his extradition on lesser charges.(AP Photo/Petros Giannakouris)
December 13, 2017 - 9:48 am
ATHENS, Greece (AP) — Greece's Supreme Court has ruled in favor of extraditing a Russian cybercrime suspect to the United States to stand trial for allegedly laundering billions of dollars using the virtual currency bitcoin. Alexander Vinnik made his final appearance at an Athens court Wednesday...
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FILE - This Tuesday, Aug. 8, 2017, file photo shows the Apple logo at a store in Miami Beach, Fla. Apple is investing $390 million in Finisar, a company that makes the lasers used in facial recognition. The investment announced Wednesday, Dec. 13, is the latest from Apple’s $1 billion Advanced Manufacturing Fund, dedicated to investments in U.S. manufacturers and creating jobs in the U.S. (AP Photo/Alan Diaz, File)
December 13, 2017 - 9:37 am
SHERMAN, Texas (AP) — Apple has made its second notable investment this week, the latest into the facial recognition technology company, Finisar. The $390 million investment announced Wednesday comes from Apple's $1 billion Advanced Manufacturing Fund, created to finance the work of domestic...
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FILE - In this file photo taken on Friday April 8, 2016, a sign warns people not to enter the town of Ozersk, Chelyabinsk region, Russia, which houses the Mayak nuclear facility. Mayak is a nuclear complex that has been responsible for at least two of the country's biggest radioactive accidents. Russian authorities denied Friday that a radioactivity spike in the air over Europe resulted from a nuclear fuel plant leak in the Urals, saying their probe has found no release of radioactivity there. (AP Photo/Katherine Jacobsen, File)
December 13, 2017 - 9:01 am
MOSCOW (AP) — A senior executive at the Russian nuclear processing plant suspected of being behind a spike of radioactivity over Europe this fall admitted Wednesday that the isotope recorded does emerge as part of the plant's production cycle but said its levels are negligible. Russian officials...
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This Wednesday, May 3, 2017, photo shows a a sign with gas prices at a Chevron station in Miami. On Wednesday, Dec. 13, 2017, the Labor Department reports on U.S. consumer prices for November. (AP Photo/Alan Diaz)
December 13, 2017 - 8:51 am
WASHINGTON (AP) — Surging gasoline prices pulled U.S. consumer inflation up 0.4 percent in November. The Labor Department said Wednesday that prices at the pump increased a sharp 7.3 percent after falling in October. Excluding volatile food and energy prices, so-called core consumer inflation rose...
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December 13, 2017 - 8:46 am
BRUSSELS (AP) — The European Parliament on Wednesday narrowly defeated plans to ban an additive that is considered key in industrial meats for the popular doner kebab. Needing an absolute majority of at least 376 votes for a ban on phosphates, the legislature fell 3 votes short. The vote was 373-...
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FILE - In this May 13, 2013 file photo, WWF members and sympathizers protest against overfishing of the European seas in front of the EU Council in Brussels. After marathon talks that ended early Wednesday Dec. 13, 2017, European Union nations have agreed to set quota levels that ensure more sustainable fishing in the Northeastern Atlantic and the North Sea, but environmentalists insist the bloc is behind in its schedule to end overfishing by 2020. (AP Photo/Geert Vanden Wijngaert, File)
December 13, 2017 - 8:19 am
BRUSSELS (AP) — European Union nations have agreed to set quota levels that ensure more sustainable fishing in the northeastern Atlantic and the North Sea, but environmentalists insist the bloc is behind in its schedule to end overfishing by 2020. After marathon talks that ended early Wednesday, EU...
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FILE -- In this Aug. 8, 2017 file photo African National Congress (ANC) protesters in support of President Jacob Zuma march to parliament in Cape Town, South Africa, prior to a no confidence debate in Zuma. The country's biggest corruption case since the end of apartheid has entangled not only Zuma and the ruling party but also some of the world's most prominent companies as the ANC meets this week to attempt a fresh start by choosing a new party leader who will likely become the next president in 2019. (AP Photo, File)
December 13, 2017 - 5:54 am
JOHANNESBURG (AP) — South Africa's biggest corruption case since the end of apartheid has entangled not only the president and ruling party but also some major international companies, including U.S. firm McKinsey and KPMG. The scandal has weakened the ruling African National Congress, which meets...
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FILE - In this Wednesday, Sept. 20, 2017, file photo, Federal Reserve Chair Janet Yellen speaks at a news conference following the Federal Open Market Committee meeting in Washington. On the day when Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday, Dec. 13, 2017: Raise its benchmark interest rate for the third time this year. (AP Photo/Pablo Martinez Monsivais, File)
December 13, 2017 - 3:19 am
WASHINGTON (AP) — On the day when Janet Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday: Raise its benchmark interest rate for the third time this year. The increase would be in line with the series of incremental rate...
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