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25 minutes ago // Reuters

business Three air-bag accidents at Boeing plant lead to extra safety measures

SEATTLE Reuters - Workers at planemaker Boeing's Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday.

27 minutes ago // Reuters

business Three air-bag accidents at Boeing plant lead to extra safety measures

SEATTLE, Dec 19 Reuters - Workers at planemaker Boeing's Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday.

1 hour ago // Reuters

business China's Xi preaches diversification in gambling hub Macau

MACAU, Dec 20 Reuters - Chinese President Xi Jinping on Saturday urged the world's biggest gambling hub, Macau, to accelerate diversification away from its bread-and-butter casino industry, which has lost about $60 billion in market value over the last six months.

2 hours ago // Reuters

business UPDATE 1-Hovensa refinery deal rejected over contract breach doubts

Adds confirmation that Hovensa will stop selling fuel on the island in paragraphs 3-4

2 hours ago // Los Angeles Times

business Sony CEO worried for months about 'The Interview,' emails show

Kazuo Hirai was worried. For months, the Tokyo-based chief executive of Sony Corp. had been raising questions about his Hollywood studio's plans to go forward with a film depicting the assassination of North Korean leader Kim Jong Un.

2 hours ago // The New York Times

business Business Briefing: Staples Says Breach Affected About 1.2. Million Cards

Criminals used malware that may have allowed access to cardholder names, payment card numbers, expiration dates and card verification codes.

2 hours ago // Reuters

business Wall Street up for third day, led by energy shares

NEW YORK Reuters - U.S. stocks extended gains for a third session on Friday, giving the S&P 500 its best weekly performance in nearly two months as energy shares continued to rebound.

2 hours ago // The New York Times

business As Christmas Draws Nigh, Crowds Find Discounts but Less Variety

Retailers are offering plenty of deals as the holiday shopping season nears its end, but last-minute shoppers may find some coveted items in short supply.

2 hours ago // Wall Street Journal

business Car Safety Gear Cuts Traffic Deaths

Deaths in U.S. car crashes have fallen by about a quarter in the last decade, new federal data show, as safety features in newer models have powered a drop in fatalities even as auto-safety recalls have surged.

2 hours ago // Los Angeles Times

business Mercedes targets new buyers with cute but disappointing GLA250 SUV

The Mercedes GLA250 shows just how far the definition of sport utility vehicle is being stretched these days.

2 hours ago // Boston Herald

business FDA approves new ovarian cancer drug

Opening a new chapter in the use of genomic science to fight cancer, the Food and Drug Administration on Friday approved olaparib, a medication for advanced ovarian cancer associated with a defective BRCA gene.The new drug, to be marketed under the commercial name Lynparza, was found in a preliminary clinical trial to shrink or eliminate ovarian tumors in women whose cancers bore a specific genetic fingerprint and who had undergone at least three prior lines of chemotherapy.

2 hours ago // Boston Herald

business Obama says North Korea hacked Sony, vows response

WASHINGTON President Barack Obama declared Friday that Sony "made a mistake" in shelving a satirical film about a plot to assassinate North Korea's leader, and he pledged the U.S. would respond "in a place and manner and time that we choose" to the hacking attack on Sony that led to the withdrawal. The FBI blamed the hack on the communist government.Speaking of executives at Sony Pictures Entertainment, Obama said at a year-end news conference, "I wish they had spoken to me first.

2 hours ago // Los Angeles Times

business California adds 90,100 jobs in November

Capping off three years of strong job growth, California employers added another 90,100 positions in November one of the largest monthly hiring spurts in two decades.

2 hours ago // Reuters

business UPDATE 2-U.S. judge rejects HP settlement in Autonomy shareholder case

SAN FRANCISCO, Dec 19 Reuters - A federal judge on Friday rejected Hewlett-Packard Co's proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.

2 hours ago // Boston Herald

business Sony on shelving 'The Interview': 'We had no choice'

NEW YORK Following pointed criticism from President Barack Obama for shelving "The Interview," Sony Pictures Entertainment on Friday defended its decision, claiming it had no choice but to cancel the film's Christmas Day theatrical release.Obama said during a press conference Friday that Sony "made a mistake" in dropping "The Interview." However, the studio fired back, saying the cancellation happened only because the country's top theater chains pulled out. "This was their decisi

2 hours ago // The New York Times

business U.S. Declares Bank and Auto Bailouts Over, and Profitable

A final sale of stock from what was once General Motors finance arm closed a turbulent chapter of the financial crisis, the Obama administration said.

2 hours ago // BBC

business Crossrail: Tunnelling beneath London

Beneath London's streets work on Crossrail is carrying on apace

2 hours ago // The New York Times

business Sony Defends Itself Against Criticism That It Bowed to Hackers Threats

Sony says it has been searching for alternative ways to show The Interview after theater owners refused to book it in the face of threats.

2 hours ago // Los Angeles Times

business SBE Entertainment says Sam Nazarian's exit won't hinder global plans

The hospitality and nightclub empire founded by Sam Nazarian said it would move ahead with its global expansion plans without its leader after Nazarian admitted paying millions in extortion money to a convicted felon, using cocaine and fathering a child out of wedlock.

2 hours ago // The New York Times

business Chrysler Yields to Urging on Takata Airbag Recall

BMW America, the sole remaining automaker to limit the recall to high-humidity areas, has said it is evaluating the situation.

2 hours ago // The New York Times

business Hepatitis C Treatment Wins Approval, but Price Relief May Be Limited

Insurers are hoping that a new competitor to Gilead Sciences drugs for the disease will drive down prices, though the new drugs price is higher than was hoped.

2 hours ago // BBC

business Plan to help over-50s get jobs

Unemployed over-50s will be offered "career reviews" and help with using computers as part of a government plan to get more older people into work.

2 hours ago // The New York Times

business Your Money: The Insurance Market Mystifies an Airbnb Host

Dropped by one homeowners insurance company, an Airbnb host gets conflicting information from two others.

3 hours ago // The Washington Post

business Worlds largest canned tuna company makes $1.5 billion deal to buy Bumble Bee

The American canned-tuna industry is now pretty much entirely Asian-owned.Thai Union Frozen Products, already the biggest canned-tuna company in the world, is on the verge of acquiring Bumble Bee Seafoods, the largest canned-tuna company in North America, for a reported $1.5billion. The deal, if approved, would further cement Thai Unions dominance by making it the biggest canned-tuna producer in North America, the worlds biggest canned-tuna market. It would also mark the sale of yet anot

3 hours ago // The Washington Post

business Worlds largest canned tuna company makes $1.5 billion deal to buy Bumble Bee

The American canned tuna industry is now pretty much entirely Asian-owned.Thai Union Frozen Products, already the biggest canned tuna company in the world, is on the verge of acquiring Bumble Bee Seafoods, the largest canned tuna company in North America, for a reported $1.5billion. The deal, if approved, would further cement Thai Unions dominance by making it the biggest canned tuna producer in North America, the worlds biggest canned tuna market. It would also mark the sale of yet anot

3 hours ago // Wall Street Journal

business BlackBerry Sales Disappoint

BlackBerry shares fall as the smartphone makers disappointing revenue underscores the challenges it faces in winning back traditional business customers.

3 hours ago // The Times of India

business Govt stares at Rs 1 lakh crore tax deficit

The government on Friday acknowledged that it is staring at a potential revenue shortfall of over Rs 1 lakh crore this fiscal year and indicated that some expenditure reduction may be undertaken to stick to the fiscal deficit target of 4.1% of gross domestic product GDP.

3 hours ago // Wall Street Journal

business Falling Oil Prices Could Affect Supply, Pemex CEO Says

Mexicos Pemex, buffeted by the recent drop in oil prices, plans to offer international oil companies a greater share of projects than initially envisioned and speed up joint ventures with private firms, CEO Emilio Lozoya said.

3 hours ago // The New York Times

business McDonalds Is Charged With Punishing Workers

The National Labor Relations Boards general counsel brought 78 charges against the fast-food company accusing it of retaliating against workers who protested for higher pay.

3 hours ago // Wall Street Journal

business Tuna Rivals Merge in $1.5 Billion Deal

Thai Union Frozen Products PCL, one of the worlds largest seafood companies, said it is acquiring U.S.-based Bumble Bee Seafoods LLC for $1.51 billion.

3 hours ago // Reuters

business UPDATE 2-U.S. FDA approves AbbVie hepatitis C drug, costs $83,319 for 12 weeks

Dec 19 Reuters - U.S. health regulators on Friday approved AbbVie's all-oral treatment for hepatitis C, and the company said the drug would cost $83,319 for a typical 12-week plan, a bit below its huge selling competitor Solvadi from Gilead Sciences.

3 hours ago // Wall Street Journal

business St. Croix Refinery to Stay Closed After Vote

The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Islands Legislature voted overwhelmingly against letting a new owner take over the plant.

3 hours ago // Wall Street Journal

business FDA Approves AstraZeneca Ovarian Cancer Drug

The U.S. Food and Drug Administration approved the first drug to treat cases of ovarian cancer linked to specific genetic mutations.

3 hours ago // USA Today

business Chrysler gives in, makes air bag recall global

FCA US, formerly Chrysler, agreed to replace inflators in 3.3 million Takata driver's-side air bags.

3 hours ago // Wall Street Journal

business Thomas Kwok Found Guilty of Corruption

A jury in Hong Kong found Thomas Kwok, the co-chairman of one of Hong Kongs biggest property developers, guilty in a corruption trial involving the citys former No. 2 official, but found his brother, Raymond, not guilty.

3 hours ago // The New York Times

business Rally Continues as Oil Companies Lift Market

With little news to give them direction, traders continued to push indexes higher.