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  • *Gilead falls as Express Scripts picks AbbVie treatment. *Dow boosted by gains at Intel, IBM; Dow, S&P end at record. Intel Corp rose 2.3 percent to $37.21, providing the biggest boost to the Dow, while IBM rose 1.8 percent to $161.44 and Cisco Systems rose 1.6 percent to $28.22.

  • As dust clears, what's next for Sony? Monday, 22 Dec 2014 | 4:39 PM ET

    ATLANTA— The Sony hacking attack continues to deliver more dramatic plotlines than any fictional movie, but meanwhile the movie studio must move forward and tackle the next steps in minimizing the mess. Sony went on the offensive after President Barack Obama said Friday that the studio made a mistake by canceling "The Interview," and said that he wished the...

  • *Gilead falls as Express Scripts picks AbbVie treatment. *Dow boosted by gains at Intel, IBM; S&P ends at record. Intel Corp rose 2.3 percent to $37.21, providing the biggest boost to the Dow, while IBM rose 1.8 percent to $161.44 and Cisco Systems rose 1.6 percent to $28.22.

  • *Gilead falls as Express Scripts picks AbbVie treatment. *Dow boosted by gains at Intel, IBM. The S&P energy index fell 1.2 percent as the day's weakest sector; Chevron Corp lost 1 percent to $111.76 while Halliburton Co was off 2.2 percent at $39.61.

  • It's down to the wire for online shopping Monday, 22 Dec 2014 | 1:21 PM ET

    ATLANTA— As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders from shoppers caused delivery delays. FedEx predicted its busiest day would be a week earlier, on Dec. 15, when it expected to move 22.6 million...

  • *Gilead falls as Express Scripts picks AbbVie treatment. *Dow boosted by gains at Intel, IBM. The S&P energy index fell 1.6 percent as the day's weakest sector; Chevron Corp lost 1.3 percent to $111.44 while Halliburton Co was off 1.9 percent at $39.70.

  • Dec 22- Ocwen Financial Corp's executive chairman and founder, William Erbey, will step down as part of a $150 million legal settlement with New York's financial regulator. The settlement payment will be toward New York housing programs and foreclosed homeowners. New York Financial Services superintendent Benjamin Lawsky accused the company of harming...

  • NY requires Ocwen reforms, $150M homeowner help Monday, 22 Dec 2014 | 9:30 AM ET

    ALBANY, N.Y.— 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. The consent order requires William Erbey to resign as executive chairman of the corporation and chairman of four...

  • Divided New York City roiled by NYPD slayings Sunday, 21 Dec 2014 | 2:33 PM ET
    NYPD

    A day after two officers were fatally shot, Mayor Bill de Blasio faces the challenge of reassuring the city while navigating a rift with the NYPD.

  • LOS ANGELES— The creator of a satirical video game that depicts Kim Jong Un as a gun-toting, unicorn-riding hero has no plans to cancel his zany creation following a cyberattack and threats of violence against Sony Pictures that the FBI has attributed to North Korea. While North Korea forces have frequently been depicted as the adversary in games, such as " Tom...

  • Gift Guide: Strong photo, video gear options Friday, 19 Dec 2014 | 3:01 AM ET

    ATLANTA— What to buy an experienced photographer or video shooter? There is some strong gear on the market from Nikon, GoPro and Domke. The D750 has built-in Wi-Fi for direct communication with tablets and smartphones running Nikon's free app.

  • Companies' data security in question after Sony hack Friday, 19 Dec 2014 | 12:05 AM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • *White House not in position to confirm North Korea responsible. WASHINGTON/ LOS ANGELES, Dec 18- Washington made the woes of cyberattack victim Sony Pictures its own on Thursday as the White House acknowledged that the devastating strike against the big Hollywood studio was a matter of national security that would be met by a forceful government response.

  • 'Sorority Sisters' draws criticism, loses sponsors Thursday, 18 Dec 2014 | 5:24 PM ET

    LOS ANGELES— VH1 says it's sticking with "Sorority Sisters" despite criticism of the reality show's depiction of black sorority members and the growing defection of commercial sponsors. The video showcased typical reality show fireworks, with insults and tears among its cast of sorority members who graduated from Atlanta- area colleges.

  • Sony hacking fallout puts all companies on alert Thursday, 18 Dec 2014 | 4:52 PM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • Gentiva Health Services posts 3Q profit Wednesday, 17 Dec 2014 | 5:01 AM ET

    ATLANTA _ Gentiva Health Services Inc. on Wednesday reported third-quarter profit of $8 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share. Gentiva Health Services shares have increased 53 percent since the beginning of the year.

  • *Indexes: Dow down 0.7 pct, S&P down 0.9 pct, Nasdaq down 1.2 pct. NEW YORK, Dec 16- U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy. People buy stocks that have done well so you get this bump up, "said Daniel Morgan,...

  • Mortgage deal monitor: Ocwen review may be flawed Tuesday, 16 Dec 2014 | 12:18 PM ET

    WASHINGTON— The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, has produced unreliable information about its business practices. Joseph Smith, who is monitoring banks' and mortgage servicers' compliance with the $25 billion settlement over foreclosure abuses, said...

  • Watchdog: 1-year delay possible at Ga. nuke plant Tuesday, 16 Dec 2014 | 2:05 AM ET

    An analyst working for Georgia's utility regulators has estimated a one-day delay would cost $2 million for Georgia Power, whose customers ultimately pay the utility's construction costs. Georgia Power never endorsed the $2 million- per-day estimate. "Benefits may be delayed, but they don't disappear with a schedule extension," Georgia Power spokesman Brian...

  • Coca-Cola outlook for 2015 is short of target Monday, 15 Dec 2014 | 6:45 PM ET

    The Atlanta- based company, which also makes Sprite, Powerade and Vitaminwater, has been struggling with declining soda consumption in the U.S. and other parts of the world. Coca-Cola has said it plans to slash costs by $3 billion a year to boost its performance, with much of the savings being reinvested into marketing. The world's largest beverage maker also said...