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NEW YORK (AP) — In a year full of market milestones, Wall Street crushed a couple more today, lifting the Dow Jones industrial average past the 18,000-point mark for the first time and delivering the Standard & Poor's 500 index its second record-high close in two days. All told, the Dow gained 64.73 points to 18,024.17. That's up 0.4 percent from its previous record close on Monday. The S&P rose 3.63 points to 2,082.17, a gain of 0.2 percent. And the Nasdaq composite fell 16 points, or 0.3 percent, to 4,765.42.
WASHINGTON (AP) — The Federal Trade Commission is targeting a data broker for allegedly selling sensitive consumer information — including bank account numbers — to marketers that authorities said the broker knew had no legitimate need for it. In its complaint, the commission charges that Arizona-based LeapLab bought the payday loan applications of people strapped for money and then sold that data to third-parties who most often weren't lenders at all.
NEW YORK (AP) — Sony Pictures Entertainment has put "The Interview" back into theaters, announcing a limited release for the comedy that provoked an international incident with North Korea and outrage over its canceled release. Sony Entertainment CEO Michael Lynton said today that Seth Rogen's North Korea farce will be in a number of theaters on Christmas Day. He said Sony also is continuing its efforts to release the film on more platforms and in more theaters.
SAN FRANCISCO (AP) — A group led by Apple and Microsoft has sold about 4,000 technology patents to patent management company RPX Corp. for $900 million. The deal marks another shift in the ownership of a patent portfolio auctioned off in 2011 after telecommunications company Nortel Networks went bankrupt. Apple, Microsoft, BlackBerry, Ericsson and Sony formed the Rockstar Consortium to buy the patents for $4.5 billion, outbidding Google Inc. for the rights to technology used in many mobile devices.
UNDATED (AP) — American Airlines Group Inc. and the pilots of Envoy Air have reached a contract agreement after a year-long dispute. The airline and the pilots union said today the new 10-year agreement includes an up-front cash payment for current Envoy pilots, a commitment for new aircraft, and an arrangement that would allow Envoy pilots to be hired at American Airlines. The agreement takes effect immediately.
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