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One developer warns: Take Twitter ‘write access’ at your own risk

When the right individual or organization Tweets, it can have the power to move global financial markets and major economies, as well as incite mass chaos – all with a single, well-placed, 140 character missive.…  …

Oil prices slump as U.S. downgrade stokes demand worries

World oil prices slumped Monday over fears of slowing energy demand in the United States after a shock credit rating downgrade for the world’s biggest economy, analysts said. New York’s main contract, West Texas Intermediate light, sweet crude for delivery in September, plunged $3.40 to $83.48 a barrel. Brent North…

U.S. economy adds 117,000 jobs in July

WASHINGTON (Reuters) – U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession. U.S. payrolls increased 117,000, the Labor Department said on Friday, above market expectations for an 85,000 gain. The…

New York nuclear plant’s future shaky as fears grow

NEW YORK (Reuters) – New worries about a New York nuclear plant’s vulnerability to earthquakes could hand the state’s governor an opportunity to try to close the plant, but New York City’s huge power needs could stall any such moves. New York Governor Andrew Cuomo, who has long been a…

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