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Twitter Hacked! 250,000 User Accounts Breached

Twitter Sign

Anonymous hackers have targeted Twitter last week and gained access to roughly 250,000 user accounts though only "limited information" such as email addresses was compromised, the microblog said on Friday.

Ex-CEO Gets 50 Years For $215m Fraud

Jail

Russell Wasendorf Sr., the founder of the bankrupt commodities firm Peregrine Financial Group Inc., was sentenced to 50 years in prison for what prosecutors said was a theft of more than $215m from customers.

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RBS posts unexpected profit

Royal Bank of Scotland unexpectedly posted a second-quarter profit as the British government prepares to reduce its stake in the lender, even as it set aside more money for litigation and restructuring.