10 things you need to know today: May 20, 2014

Wanted
(Image credit: (AP Photo/Charles Dharapak))

1. Justice Department files hacking charges against five Chinese military officials

Attorney General Eric Holder on Monday announced that the Justice Department was charging five members of the Chinese military with cyberespionage for allegedly hacking American corporate computer systems to steal secrets and pass them on to Chinese competitors. Holder said the case represented "the first ever charges against a state actor for this type of hacking." China said the accusations were "purely ungrounded and absurd."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.