The Reconnaissance General Bureau, North Korea's equivalent to the CIA, has trained up the world’s greatest bank-robbing crews, a constellation of hacking units that pull massive online heists. In just the past few years, RGB hackers have struck more than 100 banks and cryptocurrency exchanges around the world, pilfering more than $650 million. That we know of.
More than 30 Chinese immigrants in New York say they have been the victims of a Chinese robocall scam. A local councilor suspects the number is much higher. The NYPD estimates $3 million has been stolen since December.
President Nicolás Maduro hopes it will help fix the country’s dire financial situation by sidestepping US sanctions and providing an alternative to cash, which is nearly worthless in Venezuela due to the soaring inflation rate.
Europe's investments in offshore wind have fueled better technology, more competition and cheaper capital for new projects. That's driven down the cost of offshore power and now the US is capitalizing on the savings.
The meeting came amid one of the most volatile weeks for flagship virtual currency bitcoin, which at one stage had halved in value from its record high of $20,000 set on the Luxembourg Bitstamp exchange a month ago, amid investor fears of a regulatory crackdown to curb speculators.
China's banking regulator has introduced new measures to increase scrutiny on investments in commercial lenders and tighten regulation on the entrusted loans market, a rapidly growing segment of the country's shadow banking.
The Saudi prince who owns 1/3 of Twitter disappeared into the Riyadh Ritz-Carlton on Nov. 8 and has not been seen since. But the apparent incarceration of Prince Alwaleed bin Taleel — the 45th richest man on Earth and friend of billionaires Rupert Murdoch and Bill Gates — is not getting a lot of media attention. CNBC's Jake Novak explains why few are now talking about Saudi Arabia's Twitter Prince.
The “repatriation provision” proposed by Republicans would change give American companies a tax break – allowing them to pay a minimum of 10 percent tax on overseas earnings (in the Senate version of the bill) and a 20 percent tax on domestic profits.