Global Glance: Trump defends sharing ‘terrorism’ facts; Expert finds more possible North Korea links to cyberattack

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Here are today’s top business headlines from across the nation and world:

Trump defends sharing ‘terrorism’ facts with Russians

WASHINGTON (AP) — President Donald Trump defended revealing information to Russian officials, saying in a pair of tweets Tuesday that he shared “facts pertaining to terrorism and airline flight safety” and had “the absolute right” to do so. Trump was responding to reports Monday that he revealed highly classified information to senior Russian officials during an Oval Office meeting last week, putting a source of intelligence on the Islamic State at risk. But Trump tweeted that he shared the information for “humanitarian reasons, plus I want Russia to greatly step up their fight against ISIS & terrorism.” Trump says he wanted to share with Russia “facts pertaining to terrorism and airline flight safety.” He noted that as president, he has an “absolute right” to do this. Read more

Expert finds more possible North Korea links to cyberattack

SEOUL, South Korea (AP) — A South Korean cybersecurity expert said Tuesday there is more circumstantial evidence that North Korea may be behind the global “ransomware” attack: the way the hackers took hostage computers and servers across the world was similar to previous cyberattacks attributed to North Korea. Simon Choi, a director at anti-virus software company Hauri Inc. who has analyzed North Korean malware since 2008 and advises the government on cyberattacks, said the North is no newcomer to the world of bitcoins and has been mining the digital currency using malicious computer programs since as early as 2013. Read more

Eurozone needs more than Germany for breakout growth

LONDON (AP) — Germany once again helped the 19-country eurozone eke out steady, if unspectacular, economic growth in the first quarter of the year. The hope is now that others, such as France and Italy, will start to pull their weight more and push growth even higher this year. Eurostat, the EU’s statistics agency, confirmed Tuesday that the region, which spans from Ireland in the west to the Baltic states in the east, grew by a quarterly rate of 0.5 percent. The update also confirmed that the eurozone performed better than the U.S. in the first quarter. The U.S. economy, according to Eurostat, expanded by a quarterly 0.2 percent. Read more

Tronc in talks with Wrapports to acquire Chicago Sun-Times

CHICAGO (AP) — Two longtime newspaper rivals in the once highly competitive Chicago market may end with the acquisition of the Chicago Sun-Times by the owner of the Chicago Tribune, which has grabbed the attention of the U.S. Justice Department Monday. Chicago-based Wrapports LLC announced in a statement it has agreed to enter into discussions with tronc Inc., owner of several major newspapers, after failing to interest other media companies in acquiring the Sun-Times. Read more

Fidget spinners, the hit toy that spun out of nowhere

NEW YORK (AP) — Stores can’t keep them in stock. Parents are going crazy trying to find them. The mania for fidget spinners – the 3-inch twirling gadgets – is unlike many other toy crazes. They’re not made by a major company and are more easily found at a gas station or 7-Eleven than a big toy chain. The craze exploded last month. Shannan Rowell, a sixth-grade special education teacher, says that after a weeklong break in late April more than half of her students suddenly had one. Read more

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