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  • 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.

  • Coming soon to US: Cuba Libre, with real Cuban rum Monday, 22 Dec 2014 | 12:01 PM ET

    And it's unclear what the news means for industry titan Bacardi, which was driven from its Cuba headquarters by the 1959 Castro revolution. Bacardi said it's waiting to see what effects thawing U.S.- Cuba relations may have. In 1997, Bacardi bought the legal rights to the recipe and name of Havana Club, a popular rum created in 1935 by a Cuban family who eventually...

  • 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.

  • Last U.S. holiday shopping weekend off to solid start Saturday, 20 Dec 2014 | 3:57 PM ET

    CHICAGO/ NEW YORK, Dec 20- Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results. Crowds were building at stores in and around New York, Philadelphia, Chicago and Los Angeles by midday on Saturday.

  • 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...

  • California unemployment rate dips to 7.2 percent Friday, 19 Dec 2014 | 1:00 PM ET

    SACRAMENTO, Calif.— California recorded its lowest jobless rate last month since the early months of the Great Recession, while the number of additional jobs was the second-largest gain since the state began keeping that record in 1990, the state Employment Development Department reported Friday. The number of new jobs in November is more than three times the...

  • 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...

  • Ford expands drivers air bag recall nationwide Thursday, 18 Dec 2014 | 8:47 AM ET

    DETROIT— Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S. Ford's action puts pressure on BMW and Chrysler, the only two automakers that haven't agreed to national recalls. Honda and Mazda already took their recalls national.

  • 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.

  • LOS ANGELES— Carmike Cinemas has decided to cancel its planned showings of "The Interview" in the wake of threats against theatergoers by the Sony hackers. Included in the latest breach are emails from Sony Pictures co-chair and CEO Michael Lynton, as well as specific threats against patrons of the comedy, which depicts an assassination attempt against North...

  • *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,...

  • FedEx truck crashes in Georgia, spills packages Tuesday, 16 Dec 2014 | 3:53 PM ET

    FORSYTH, Ga.— A FedEx truck crash along a Georgia interstate sent packages spilling all over the highway just nine days before Christmas. A FedEx truck also overturned in New Jersey on Monday, one of the company's busiest shipping days of the year. FedEx spokeswoman Connie Avery says customers with questions on their shipments should track their packages online,...

  • Where Christmas is most loved—and hated—in the US Tuesday, 16 Dec 2014 | 2:39 PM ET
    Atlanta Falcons cheerleaders during game in Atlanta.

    Every part of the U.S. loves Christmas, but one region loves it more than anywhere else.