Being first doesn't necessarily mean being the best. At least that's Apple's theory. What does that mean for the next iPhone? Bloomberg's Mark Gurman has the details on all the features and capabilities that the iPhone 8 will borrow from its competition. –Emily Banks |
| Here are today's top stories... | | The U.S. tightened its financial restrictions on North Korea, slapping sanctions on Chinese and Russian entities it accused of assisting Pyongyang’s development of nuclear weapons and ballistic missiles. It is also seeking millions of dollars it said moved through the U.S. Prosecutors in Washington, D.C., sought to recover $11 million from companies based in China and Singapore that they accused of conspiring with North Korea to evade sanctions. | | Bitcoin skeptic Mark Cuban wants in on the cryptocurrency boom. The tech billionaire is investing in 1confirmation, a fund that plans to raise $20 million to invest in blockchain-based companies. The fund will focus investments in projects that help developers build decentralized applications, rather than those aimed at end users, on the belief that the sector isn’t mature enough for blockchain applications to be adopted on a mass scale. | | Why do U.S. Navy ships keep crashing? The déjà vu collision of the guided missile destroyer USS John S. McCain on Aug. 21 was the Navy’s fourth serious incident in the western Pacific this year. The question of what, if anything, these accidents have in common has become front-of-mind. One theory: a fleet stretched too thin with insufficient training, in a vast area teeming with U.S. strategic interests, according to two retired Navy officers. | | People start hating their jobs at 35. One in six British workers over age 35 said in a survey that they were unhappy—more than double the number for those under 35. Nearly a third of people over 55 said they didn’t feel appreciated, while 16 percent said they didn’t have friends at work. | | Mnuchin's wife pays her own way on Treasury trips, an official said. Louise Linton, who married Mnuchin in June, stirred up controversy when she responded condescendingly to a critic on Instagram, where she had posted a photo of herself exiting a U.S. government aircraft. She was holding what appeared to be a Hermes handbag that sells for more than $10,000, and her post included hashtags of the designer items she was wearing. | |
| Other people's money, dubious partners | How the Boys Run Trump Inc. | In practice, Donald Trump put his businesses into a revocable trust controlled by Donald Jr., Eric, and the Trump Organization’s finance chief. He then watered down his original pledge of "no new deals" to something more limited: no U.S. deals without “rigorous vetting” by a Trump-appointed ethics adviser, and no foreign deals with partners the company defines as new. As their first months running the company demonstrate, that gives the brothers all the room they need. | | |
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