Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million

DHAKA/NEW YORK (Reuters) – Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.

Exclusive: Saudi reform plan approved by top economic council

RIYADH (Reuters) – Saudi Arabia’s National Transformation Plan, a pivotal element of the “Vision 2030” reforms announced in April by Deputy Crown Prince Mohammed bin Salman, will be put before the cabinet for approval on Monday, a senior Saudi source told Reuters.

Syrian and Russian aircraft step up bombing of Aleppo city: monitor

AMMAN (Reuters) – Nearly 50 air strikes hit rebel-held areas in and around the Syrian city of Aleppo on Sunday in some of the heaviest recent raids by Russian and Syrian government aircraft, residents and a monitoring group said.

Senior Republicans criticize Trump’s remarks on Hispanic judge

WASHINGTON (Reuters) – Senior U.S. Republicans distanced themselves on Sunday from Donald Trump’s comments about a Mexican-American judge, saying they were worried that the tone of his presidential campaign could enrage Latinos, who are a growing U.S. voting bloc.

Djokovic conquers Roland Garros to join tennis pantheon

PARIS (Reuters) – After years of near misses, Novak Djokovic finally conquered mount Roland Garros on Sunday to win the one trophy he craved like no other — a maiden French Open title that elevated him into the pantheon of tennis greats.

Ninth Fort Hood soldier killed in Texas floods identified

(Reuters) – A 25-year-old specialist from California was the ninth soldier at the Fort Hood Army post killed last week when a military vehicle overturned in flood waters, officials said on Sunday.

After grim payrolls, focus turns to economy

NEW YORK (Reuters) – With a June Federal Reserve interest rate hike likely off the table following Friday’s dismal jobs data, U.S. equity investors may shift their focus again to whether the economy is losing too much steam to allow stocks to advance.

Apple Honors the Life of Muhammad Ali on its Homepage

Apple recently updated the homepage of its website with a tribute to legendary boxer Muhammad Ali, who died on Friday at age 74. Ali was admitted to a hospital earlier in the week due to respiratory ailments, which were further complicated due to a lengthy battle with Parkinson’s disease.

muhammad ali tribute

The tribute on Apple’s website includes a quote that reads, “The man who has no imagination has no wings.” Apple has been a long-time supporter and admirer of Ali, showcasing the boxer in one of its famous “Think Different” campaign videos back in 1997.

Following the announcement of his death on Friday, Apple CEO Tim Cook shared a commemorative Tweet about Ali on his account, as did Phil Schiller. Ali’s family has also taken to Twitter to share more details about his passing and honor his life, including his daughter Hana.
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