Asian stocks rallied for a second day Friday after the Federal Reserve's reassurance it was in no hurry to hike interest rates. But shares of Sony Corp. dropped as a hacking scandal rocked its American movies unit.
By Brad Brooks, Associated Press | posted Dec 18th - 10:12pm
A federal investigation into a kickback scheme at Brazil's state oil company has, so far, ensnared 30 executives. In Sao Paulo, prosecutors accuse 33 businessmen of running a "cartel" to profit from the city's subway system.
By Mae Anderson, Associated Press | posted Dec 18th - 10:10pm
Companies across the globe are on high alert to tighten up network security to avoid being the next company brought to its knees by hackers like those that executed the dramatic cyberattack against Sony Pictures Entertainment.
By Kimberly Pierceall, Associated Press | posted Dec 18th - 8:01pm
The Los Angeles nightlife magnate who revamped Las Vegas' Sahara hotel and casino won a Nevada gambling license Thursday after explaining his drug use and curious business dealings, but not without limits and a promise that he'll remain under heavy scrutiny.
Brady McCombs , Associated Press | posted Dec 18th - 7:01pm
By Lindsey Bahr, Associated Press | posted Dec 18th - 6:51pm
Hollywood loves its overseas villains. Evil forces from Russia, China and North Korea have tirelessly menaced our big-screen heroes in recent years. But, in the wake of the startling cancellation of "The Interview," an entire species of movie baddies might be in danger of extinction.
By Ellen Knickmeyer, Associated Press | posted Dec 18th - 9:20pm
California's chief utility regulator ended the last scheduled public hearing of his increasingly embattled 12-year term Thursday with no explicit reference to the alleged back-channel dealings with the state's largest utility company that have marred his tenure.
By Justin Pritchard, Associated Press | posted Dec 18th - 9:20pm
While West Coast seaports struggle to keep up with billions of dollars of cargo, dockworkers and their employers apparently aren't close to a new contract nearly six months after their old deal expired.
The Associated Press | posted Dec 18th - 9:01pm
Louisville became the first city in the South to raise the minimum wage, joining 20 other local governments nationwide that have increased the hourly wage.
By Phuong Le, Associated Press | posted Dec 18th - 7:41pm
The U.S. Environmental Protection Agency on Thursday said it plans to come up with updated water quality standards for Washington partly tied to how much fish people eat — in case the state doesn't do it by next year.
By Jason Keyser, Associated Press | posted Dec 18th - 7:20pm
China promised Thursday to speed up imports of pharmaceuticals and medical devices from the United States and enforce its anti-monopoly laws equally among Chinese and foreign companies.
The Associated Press | posted Dec 18th - 6:42pm
The International Monetary Fund said Thursday it won't release $108 million (88 million euros) in rescue money for bailed-out Cyprus after the country's parliament voted to hold a key foreclosure law from taking effect at the end of December.
By Larry Neumeister, Associated Press | posted Dec 18th - 6:41pm
A judge said Thursday he's leaning toward tossing out four guilty pleas in an insider-trading case, the latest fallout from a recent appeals court ruling criticizing prosecutors' tactics.
By Ken Ritter, Associated Press | posted Dec 18th - 6:30pm
The federal Energy Department will need to acquire water and land rights before it gets approval to entomb the nation's most radioactive waste beneath a mountain in the Nevada desert, according to a report released Thursday by an the agency being asked to license the project.
The Associated Press | posted Dec 18th - 6:30pm
The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis.
By Susan Montoya Bryan, Associated Press | posted Dec 18th - 6:10pm
The New Mexico Lottery needs to catch up with the mobile revolution if it wants to attract the next generation of players and raise more money for the lottery scholarship program, the head of the gaming agency told lawmakers Thursday.
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