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  • LOS ANGELES, Dec 26- "The Interview" took in more than $1 million in a limited Christmas Day release, a solid showing that could be quickly eclipsed by the money Sony Pictures makes with its groundbreaking online debut of the raunchy comedy. After large movie theater chains refused to screen the comedy following threats of violence from hackers who opposed the...

  • -Lipper@ NEW YORK, Dec 26- Investors in U.S.-based funds poured $36.5 billion into stock funds in the latest weekly period, marking the biggest inflows on record as U.S. stocks surged to record highs, data from Thomson Reuters' Lipper service showed on Friday. The massive cash commitments for the week ended Dec. 24 were the biggest since Lipper's records began in...

  • Dec 26- U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report. The report, which tracks spending by combining sales activity in MasterCard's payments network with...

  • Aereo auctioning off its TV streaming tech assets Friday, 26 Dec 2014 | 5:39 PM ET
    Aereo CEO Chet Kanojia leaves the U.S. Supreme Court after oral arguments April 22, 2014 in Washington, DC.

    A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, court papers show.

  • Founder of huge defense contractor SAIC dies Friday, 26 Dec 2014 | 5:28 PM ET

    SAN DIEGO, Calif.— J. Robert Beyster, a scientist-turned-entrepreneur who founded a small technology firm called Science Applications International Corp. and built it into one of the largest, most influential defense contractors in the country, has died at age 90.. Beyster died Monday of natural causes at his San Diego home, according to a statement from his...

  • Dec 26- A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday. These broadcasters include CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC and Twenty-First Century Fox Inc's Fox. The case is In re: Aereo Inc, U.S. Bankruptcy Court, Southern District of...

  • SAN FRANCISCO— Sony's PlayStation network remained offline Friday on the second day of an outage that began roiling the online world just as eager video game players were unwrapping new consoles on Christmas morning. Microsoft's Xbox Live service, which also went down Thursday, was back online Friday although the company reported reported problems with...

  • LOS ANGELES, Dec 26- "The Interview" took in more than $1 million in a limited Christmas Day release, a decent start for the raunchy comedy that appeared dead after Sony Pictures pulled it from theaters last week following a devastating cyberattack blamed on North Korea. Sony Pictures also released the movie online via Google Inc's YouTube and Google Play,...

  • Figures on government spending and debt Friday, 26 Dec 2014 | 4:39 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Yamana Gold and Ocwen are big market movers Friday, 26 Dec 2014 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Barrick Gold Corp., up 27 cents to $10.58. Freeport-McMoRan Inc., up 60 cents to $23.51.

  • It was a year when Cynk Technology, a development-stage company with no revenue, was briefly worth $6 billion, and when a long-forgotten closed-end fund focused on Cuba- the Herzfeld Caribbean Basin Fund- saw more trading in one day in December than it had in six years. With a current market value of about $663 billion, if one were to pick a company that would be the...

  • Slight gains for stocks in quiet post-holiday day Friday, 26 Dec 2014 | 4:11 PM ET

    U.S. stocks are posting modest gains after a quiet, post-holiday day of trading. Celgene rose 3.4 percent, the most in the S&P 500 index. Benchmark U.S. crude oil fell $1.11 to close at $54.73 a barrel in New York.

  • In 2014, US economy began shaky, finished strong Friday, 26 Dec 2014 | 3:41 PM ET

    WASHINGTON— The U.S. economy flexed its old muscles in 2014.. But consumers, businesses and investors, after enduring a brutal winter, showed renewed vigor as the year wore on and set the United States apart from much of the world. All told, the United States remained insulated from the financial struggles surfacing everywhere from Europe and Latin America to...

  • Dec 26- U.S. electric car maker Tesla Motors Inc will relaunch its Roadster model with a new battery pack that will increase the distance the car can travel on a single charge by nearly two-thirds to more than 400 miles. The company's shares rose 2.8 percent to $228.44 in late afternoon trading on the Nasdaq. Tesla will demonstrate the enhanced range for the new...

  • Missouri 1st to see average gas price below $2 Friday, 26 Dec 2014 | 3:14 PM ET

    KANSAS CITY, Mo.— Missouri became the first state Friday to have an average statewide gas price fall below $2 per gallon since 2009, while Oklahoma's average was expected to drop below that threshold sometime over the weekend, according to AAA. Missouri's average on Friday morning was $1.98, according to AAA. Oklahoma had the second-lowest average at $2.01 and "is...

  • Court sides with Rocky Hill in nursing home case Friday, 26 Dec 2014 | 3:08 PM ET

    HARTFORD, Conn.— Connecticut's highest court on Friday sided with the town of Rocky Hill in a long-running legal dispute, ruling a privately operated nursing facility for state prisoners, parolees and mental health clients should not be considered an arm of the state and therefore should be subject to local zoning restrictions and paying local property taxes.

  • Holiday deliveries improve but hiccups continue Friday, 26 Dec 2014 | 3:08 PM ET

    After FedEx and UPS failed to deliver some presents in time for Christmas last year, the two package carriers improved their performance this holiday season. FedEx delivered more than 99 percent of express packages as promised on Dec. 22 and Dec. 23, according to shipment tracker ShipMatrix. The improved performance comes after delays by FedEx and UPS last year...

  • NEW YORK, Dec 26- The dollar rose against the yen and euro on Friday in scant volume, with many major markets still closed after the Christmas holiday. There's going to be a dip-buying mentality "said Rob Zukowski, senior technical analyst at 4 Cast Ltd. based in New York. Data on Tuesday that showed the U.S. economy growing at its fastest quarterly pace in 11 years...

  • Tesla plans to demonstrate the higher range with a drive from San Francisco to Los Angeles— about a 400- mile trip— early next year. Tesla Motors Inc. CEO Elon Musk tweeted about the upgrade Thursday and Tesla posted more details on its website Friday. The larger battery has a range of 265 miles, according to EPA testing.

  • *Gold on track for flat week, yearly drop. NEW YORK/ LONDON, Dec 26- Gold rose the most in 2-1/ 2 weeks on Friday in thin post-Christmas trading, boosted by short-covering after China's central bank was reported to be considering a loosening of liquidity requirements at the country's banks. Gold prices were buoyed throughout the day by news reports that China, the...