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It’s a mixed start to the day for the majors, following a pullback on Wednesday. Bitcoin will need to steer clear of sub-$9,220 to support the majors....
Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service's e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion. Facebook has been trying to boost revenue from higher-growth units like Instagram and Whatsapp, which has 1.5 billion users. The move comes after Facebook added a shopping feature to Instagram in March that lets users click a "checkout" option on items tagged for sale and pay for them directly within the app....
An important court ruling Monday in the first corruption trial of former Malaysian leader Najib Razak will be a test of the legal system and of the credibility of the prime minister who brought about his shocking ouster from office last year. Najib is charged in five separate cases over the alleged billion-dollar looting of the 1MDB fund that was supposed to finance development in his country. Najib's first trial began in April on seven graft charges related to 42 million ringgit ($10.1 million) that allegedly went into his bank accounts from a former 1MDB unit....
A judge Thursday ordered President Donald Trump to pay $2 million to an array of charities as a fine for misusing his own charitable foundation to further his political and business interests. New York state Judge Saliann Scarpulla imposed the penalty after the president admitted to a series of abuses outlined in a lawsuit brought against him last year by the New York attorney general's office. Among other things, Trump acknowledged in a legal filing that he allowed his presidential campaign staff to coordinate with the Trump Foundation in holding a fundraiser for veterans during the run-up to the 2016 Iowa caucuses....
