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  • BlackBerry Chief Executive John Chen shows future models of the new Blackberry Classic smartphone during a launch event for in New York, December 17, 2014.

    BlackBerry reported disappointing hardware sales, but CEO John Chen said the prospects for the BES12 software business are good.

  • Citigroup thinks Instagram is now worth about 49 times what Facebook paid for it two years ago, raising the value of the combined company.

  • Cuban President Raul Castro listens during the opening of the Caribbean Community Summit, in Havana, on December 8, 2014.

    The move to normalize relations with Cuba will strengthen the Castro "dictatorship," a former U.S. diplomat says.