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  • S. Korean official arrested over nut rage incident Friday, 26 Dec 2014 | 4:49 AM ET

    The official was suspected of providing the information to a Korean Air Lines executive, who allegedly tried to cover up the incident. Cho, the daughter of Korean Air's chairman, resigned as vice president at the airline earlier this month amid mounting public criticism that she forced a Dec. 5 plane bound for South Korea from New York to return to a gate and kicked...

  • Sony film mess reflects gadgets-entertainment gap Friday, 26 Dec 2014 | 2:05 AM ET

    TOKYO— Sony's iconic gadgetry and the star appeal of Hollywood may have appeared to be a perfect match when the electronics giant bought Columbia Pictures in 1989. A quarter century later, it's apparent that Sony Corp. has not attained the magic synergy it was hoping for. The stolid silence of Sony's Tokyo headquarters over the hoopla surrounding Sony...

  • Shares mostly higher in quiet holiday trading Friday, 26 Dec 2014 | 12:40 AM ET

    TOKYO— Shares were mostly higher in quiet trading Friday in Asia, as most markets in the region and across the globe were closed for Christmas holidays. KEEPING SCORE: Japan's Nikkei 225 stock index edged 0.1 percent higher to 17,818.50 and South Korea's Kospi gained 0.1 percent to 1,948.41. JAPAN DATA: Shares recovered lost ground on expectations of further...

  • *Japan inflation slows, highlights BOJ's struggles. Market participants expected it would still take a bit of time for business to resume in full swing, with key markets in the region such Australia, Hong Kong and Singapore closed on Friday. There is no change to our view that the yen will continue to weaken as the recovery in U.S. economic fundamentals, which is at...

  • S&P nears settlement on real-estate bond ratings - WSJ Thursday, 25 Dec 2014 | 10:34 PM ET

    Dec 25- Standard& Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people familiar with the matter. The proposed deal, which could be reached as early as next month, is a joint settlement with the Securities and Exchange Commission, New...

  • Shares mostly higher in quiet holiday trading Thursday, 25 Dec 2014 | 10:19 PM ET

    Japan's benchmark edged lower after the government reported lackluster inflation, industrial production and household spending for November. KEEPING SCORE: Japan's Nikkei 225 stock index slipped 0.2 percent to 17,779.18 and Singapore's Straits Times index edged 0.1 percent lower to 3,342.20. JAPAN DATA: Japan's inflation rate eased slightly in...

  • SEATTLE— Washington state's minimum wage will rise to the highest in the nation on Jan. 1. The Seattle Times reports that the minimum wage in the state will hit $9.47 an hour then. Washington and Oregon, along with 18 other states, are set to increase their minimum wages on New Year's Day, according to the nonprofit National Employment Law Project.

  • *Japan inflation slows, highlights BOJ's struggles. Market participants expected it would still take a bit of time for business to resume in full swing, with key markets in the region such Australia, Hong Kong and Singapore closed on Friday. There is no change to our view that the yen will continue to weaken as the recovery in U.S. economic fundamentals, which is at...

  • Capacity crowds pack screenings of 'The Interview' Thursday, 25 Dec 2014 | 3:02 PM ET

    Hundreds of theaters Thursday, from The Edge 8 in Greenville, Alabama, to Michael Moore's Bijou by the Bay in Traverse City, Michigan, made special holiday arrangements for the Seth Rogen-James Franco comedy depicting the assassination of North Korean leader Kim Jong Un. But with President Obama among others criticizing the decision, Sony officials changed...

  • New York showings of 'The Interview' sell out Thursday, 25 Dec 2014 | 2:06 PM ET

    NEW YORK— "The Interview" opened in several New York City theaters on Christmas to enthusiastic crowds as interested in the world drama the film produced as anything on the screen. "The whole story is like a movie," Nick Ratner said of the swirling controversy as he prepared to watch the film at Cinema Village East in Manhattan's East Village neighborhood Thursday...

  • NEW YORK/ LOS ANGELES, Dec 25- "The Interview," the Sony Pictures film about a fictional plot to assassinate North Korean leader Kim Jong Un, opened in more than 300 cinemas across the United States on Christmas Day, drawing sell-out audiences in many theaters where outspoken patrons said they were championing freedom of expression. Seth Rogen, who co-stars in the...

  • At 101, dedicated union rep is calling it quits Thursday, 25 Dec 2014 | 10:29 AM ET

    NEW YORK— At 101, Charlie Ponti has finally decided to retire for good— probably. On Dec. 31, he will officially finish up a 77- year stint with the Office and Professional Employees International Union Local 153, where he started as a business representative and organizer and ended as the president of the local's retirees association. The Rutherford, New Jersey,...

  • Correction: NKorea-Mystery Outage story Thursday, 25 Dec 2014 | 8:55 AM ET

    LONDON— In a story Dec. 24 about North Korea's Internet outages, The Associated Press reported erroneously that the Falkland Islands are located in the North Atlantic. LONDON— North Korea's microscopic corner of the Internet has had a rough couple of days, suffering seven outages in 48 hours, according to one Web traffic monitor. "A large city block in London or New...

  • LOS ANGELES, Dec 25- "The Interview," the Sony Pictures film about a fictional plot to assassinate North Korean leader Kim Jong Un, opened in midnight screenings in a smattering of U.S. cinemas on Christmas Day, drawing moviegoers who said they supported the studio's decision to stand up to efforts to censor the low-budget comedy. Seth Rogen, who co-stars in the film...

  • *Many markets closed around the region, as well as London, U.S. Markets are closed in other key countries around the region, including Australia, Singapore, Hong Kong and South Korea, and will be closed later in London and New York. There were some guys taking profits in the dollar-yen this week, but most people seem happy to be caught long, "said Kaneo Ogino, director at...

  • The film was available for rental on Google Inc's YouTube site as of early Wednesday afternoon. Microsoft Corp and Sony itself are also showing the comedy, a day before the hastily scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it had no future...

  • Nasdaq stocks posting largest percentage increases Wednesday, 24 Dec 2014 | 6:02 PM ET

    Energous Corp. rose 18.7 percent to $9.46. Virgin America rose 14.5 percent to $41.00. Palmetto Bancshares Inc. rose 12.1 percent to $18.77.

  • Most active Nasdaq-traded stocks Wednesday, 24 Dec 2014 | 6:02 PM ET

    Achillion Pharmaceuticals Inc. rose 10.3 percent to $13.06 with 12,986,900 shares traded. American Realty Capital Properties Inc. was unchanged at $8.33 with 18,528,800 shares traded. Apple Inc. fell. 5 percent to $112.01 with 14,146,700 shares traded.

  • NYSE stocks posting largest percentage increases Wednesday, 24 Dec 2014 | 6:02 PM ET

    NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Amira Nature Foods Ltd. rose 30.1 percent to $12.75. Navigator Hldgs Ltd. rose 12.7 percent to $20.18.

  • Nasdaq stocks posting largest percentage decreases Wednesday, 24 Dec 2014 | 6:02 PM ET

    Herzfeld Caribbean Basin Fund fell 20.3 percent to $11.25. Vascular Biogenics fell 7.7 percent to $6.00. Corium Intl Inc. fell 6.8 percent to $6.00.