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U.S. rum aficionados are abuzz over the possibility of mixing a Cuba Libre with authentic Cuban rum, now that they will be able to bring home liquor distilled in the communist nation.
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NY requires Ocwen reforms, $150M homeowner help

By Michael Virtanen, Associated Press  |  posted 10 minutes ago
New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation's largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New York homeowners.
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AP sources: NYC congressman to plead guilty

By Tom Hays, Associated Press  |  posted 20 minutes ago
People familiar with the case tell The Associated Press that U.S. Rep. Michael Grimm of New York City is planning to plead guilty to a tax evasion charge instead of going to trial next month.
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Highway tunnel under Seattle to open August 2017

The Associated Press  |  posted 20 minutes ago
Transportation officials say a new highway tunnel through downtown Seattle won't be open until August 2017, more than 20 months behind schedule.
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French power company to pay $772M in bribery case

By Eric Tucker, Associated Press  |  posted 38 minutes ago
A French power and transportation company has agreed to pay $772 million to resolve allegations that it bribed high-ranking foreign government officials for lucrative projects, the Justice Department said Monday.
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TripAdvisor fined $600,000 by Italian anti-trust

The Associated Press  |  posted 39 minutes ago
Italy's antitrust authority has fined travel planning website TripAdvisor 500,000 euros ($600,000) following complaints of improper business practices lodged by a national hoteliers' association and a consumer protection agency.
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North Korea experiencing severe Internet outages

By Eric Tucker, Associated Press  |  posted 39 minutes ago
North Korea experienced sweeping and progressively worse Internet outages extending into Monday, with one computer expert saying the country's online access is "totally down." The White House and the State Department declined to say whether the U.S. government was responsible.
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Box office: 'Hobbit' finale sends 'Exodus' fleeing

The Associated Press  |  posted 39 minutes ago
The finale of Peter Jackson's "Hobbit" trilogy, "The Battle of the Five Armies," marauded through the multiplexes during the weekend before Christmas, taking in $54.7 million. Since opening Wednesday, the Warner Bros. release has made $89.1 million, according to final box office figures Monday.
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BMW to replace air bags nationwide, joining other automakers

The Associated Press  |  posted 39 minutes ago
BMW has agreed to demands from the government to replace driver's-side air bags across the entire U.S.
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Caesars Entertainment to buy affiliate

By Kimberly Piercecall, Associated Press  |  posted Dec 22nd - 3:50pm
Caesars Entertainment Corp. says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.
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The Associated Press  |  posted Dec 22nd - 3:41pm
Most active Nasdaq issues.
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The Associated Press  |  posted Dec 22nd - 3:41pm
A snapshot of major stock and commodities market indicators Monday:
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Ocwen and Gilead are big market movers

The Associated Press  |  posted Dec 22nd - 3:31pm
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
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Polar Express trip cut short after train breaks

The Associated Press  |  posted Dec 22nd - 3:21pm
The Polar Express didn't quite have the steam it needed to reach the North Pole. It couldn't even make it out of Rhode Island.
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Univ. of Miss. med center to get fitness centers

By Jeff Amy, Associated Press  |  posted Dec 22nd - 3:11pm
The University of Mississippi Medical Center will take over a chain of fitness centers in the Jackson area, partly accepting them as a gift and partly purchasing them.
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