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  • 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...

  • Why oil is down by half, what it means for you Monday, 15 Dec 2014 | 12:33 PM ET

    To put that in perspective, that increase alone is more than the production of any OPEC member other than Saudi Arabia. A balance was struck: Increasing supplies from outside of OPEC and from Iraq's recovering oil industry helped meet rising demand around the world as other OPEC supplies waivered. But now those OPEC supplies look more certain despite...

  • 14 cities get Bloomberg 'innovation team' grants Monday, 15 Dec 2014 | 9:01 AM ET

    NEW YORK— Fourteen cities ranging from Long Beach, California, to Jerusalem are getting up to $3 million from former New York City Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety, job growth and other issues, the foundation announced Monday. Winners range in size from Centennial, Colorado,...

  • Google researching use of color in business Monday, 15 Dec 2014 | 5:20 AM ET

    NEW ORLEANS— Google is one of the major U.S. corporations researching the power of color in the working world, in everything from workspaces to marketing and branding. Meghan Casserly, spokeswoman for the U.S.-based organization built around the popular search engine, says Google is still early in its research but has already found "a clear link between color...

  • Music producer Dupri's mansion in foreclosure Friday, 12 Dec 2014 | 6:59 AM ET

    ATLANTA— According to foreclosure documents, music producer Jermaine Dupri is losing his multimillion dollar Atlanta mansion. Fulton County public records show the property is valued at nearly $3.7 million. Dupri has produced hits for artists including Usher and Mariah Carey, and had a seven-year relationship with singer Janet Jackson.

  • Coca-Cola adds 2 new board members Thursday, 11 Dec 2014 | 12:40 PM ET

    ATLANTA— The Coca-Cola Co. on Thursday named two new directors to its board, increasing the size of its board to 17.. The Atlanta- based beverage company said that it has elected Marc Bolland and David Weinberg, effective Feb. 18. Bolland, 55, is CEO of retailer Marks& Spencer Group PLC.

  • Studies: Progesterone fails to help brain injuries Thursday, 11 Dec 2014 | 6:52 AM ET

    Giving people with fresh traumatic brain injuries the hormone progesterone does no good, two major studies have found. Brain injuries account for more than 2 million hospitalizations or emergency room visits each year in the United States and often cause major disabilities. In one, funded by the National Institutes of Health and led by doctors at Emory...

  • Gift Guide: Small, smart stocking techie stuffers Thursday, 11 Dec 2014 | 3:01 AM ET

    ATLANTA— If you were naughty this year, you might end up with something big and boring, like a vacuum cleaner. If you were good, you might ask for one of these little high-tech gems instead. Within minutes, I was watching Netflix and playing "Angry Birds" on large walls throughout my house, with no power cords in sight.

  • Renasant of Miss. buying Ga. bank in $258M deal Wednesday, 10 Dec 2014 | 6:45 PM ET

    JACKSON, Miss.— Mississippi- based regional bank Renasant Corp. said Wednesday that it will acquire Georgia- based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank's position in the...

  • Oxford Industries posts 3Q loss Wednesday, 10 Dec 2014 | 4:12 PM ET

    For the current quarter ending in January, Oxford Industries expects its per-share earnings to range from 96 cents to $1.06. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.20. Oxford Industries expects full-year earnings in the range of $2.85 to $2.95 per share, with revenue ranging from $990 million to $1 billion.

  • "I think' considerable time' captures about as best you can with two words... the appropriate time for liftoff," San Francisco Fed President John Williams told Market News International on Monday, adding that it's still a "reasonable guess" the Fed will begin raising rates in mid-2015. Atlanta Federal Reserve Bank President Dennis Lockhart, like Williams a policy...

  • Entercom buying 15-station Lincoln Financial group Monday, 8 Dec 2014 | 10:41 AM ET

    BALA CYNWYD, Pa.— A Pennsylvania- based radio company says it's acquiring the 15- station Lincoln Financial Media group from the insurance holding firm Lincoln National Corp.. Lincoln Financial Media's stations are in the Atlanta, Denver, Miami and San Diego markets. Radnor- based Lincoln National entered the broadcasting business with its 2006 purchase of...

  • Entercom to buy radio business from Lincoln Monday, 8 Dec 2014 | 10:17 AM ET

    NEW YORK— Entercom Communications will spend $105 million to buy the radio business of the insurance company Lincoln National Corp.. The deal, which is expected to close in the second quarter of 2015, will give Entercom 15 stations in Atlanta, Denver, Miami and San Diego. Shares of Entercom Communications Corp., based in Bala Cynwyd, Pennsylvania, rose 3 cents to...

  • For US unemployed, job market hits a turning point Sunday, 7 Dec 2014 | 10:05 AM ET

    WASHINGTON— Look past the booming November job gain of 321,000 reported Friday— the best figure in three years in the strongest year for U.S. hiring since 1999.. The job market has reached a new milestone on its road to full health: For the first time since the Great Recession ended 5½ years ago, America's unemployed are now as likely to be hired as to stop looking for...

  • For US unemployed, job market hits a turning point Saturday, 6 Dec 2014 | 9:39 AM ET

    WASHINGTON— Look past the booming November job gain of 321,000 reported Friday— the best figure in three years in the strongest year for U.S. hiring since 1999.. The job market has reached a new milestone on its road to full health: For the first time since the Great Recession ended 5½ years ago, America's unemployed are now as likely to be hired as to stop looking for...