The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
The bug in Google's developer platform on its Google Plus social network left information like a user's name, email address, occupation, gender and age vulnerable to a breach. The company said it found no evidence the data had been improperly accessed or misused.
It's something of a rare misstep for Google, which has largely avoided the privacy scandals that have plagued other social media companies in recent months. Facebook disclosed a devastating breach just last month — piling onto questions raised in March when the company's Cambridge Analytica leak was revealed. Twitter disclosed a bug in its developer platform last month as well.
Shares of Google parent Alphabet fell more than 2 percent immediately after the report before paring some losses. The stock was last seen roughly 1 percent down.
The Wall Street Journal first reported the bug and said the company's top executives covered up the security incident out of fear of government regulation. The company told the Journal it did not disclose the incident because it could not accurately identify the affected users, could not find evidence of misuse and could not identify actions to be taken by developers or users in response.
"Whenever user data may have been affected, we go beyond our legal requirements and apply several criteria focused on our users in determining whether to provide notice," Ben Smith, Google's vice president of engineering, said in a blog post revealing the bug.
Google is shutting down its Google Plus social service for consumers, the company said. The service has long seen low usage, the company said, with 90 percent of Google Plus user sessions lasting fewer than 5 seconds.
Google Plus will wind down over the next 10 months, the company said. Users will be able to download and migrate their data to another service. The enterprise version of Google Plus will remain active.