BOSTON, Dec 27- Sony Corp worked for a third day on Saturday to restore services to its PlayStation video gaming network after disruptions that a hacker group said it caused in a Christmas Day attack. It was Sony's second high-profile encounter with hackers this holiday season following the unprecedented attack on its Hollywood studio, which Washington has...» Read More
Stocks closed lower on Wall Street as investors worry about forecasts for a weak season for U.S. corporate earnings and slower growth in Asia. Companies in the S&P 500 are expected to post an overall decline in profits for the first time in almost three years. Meanwhile the World Bank warned that a more pronounced slowdown is possible in China.
LAS VEGAS-- The owners of a business featured in the cable television show "Pawn Stars" and the network that handles the show are being sued in Nevada state court by a Las Vegas promoter who claims he was wrongly fired in January and denied a share of profits.
SEATTLE-- Alaska Airlines computer connection restored, airport operations slowly returning to normal.
Raytheon Co. said Monday that it has won a $349 million five-year contract to provide anti-tank missiles for the U.S. government. Under the contract, Raytheon will deliver 6,676 of the new wireless missiles for the U.S. Army. The defense contractor is based in Waltham, Mass. Its shares fell 14 cents to $55.34 by late afternoon.
NEW YORK-- A strong warning from the World Bank that growth in Asia may slow further dragged the price of oil Monday to its lowest close in two months. _ Benchmark crude fell 55 cents to close at $89.33 in New York. On the ICE Futures Exchange in London:.
SEATTLE-- The computer problem that has cut off Alaska Airlines' ability to put passengers on planes was caused by a combination of two fiber optic cuts in the Sprint system.
NEW YORK-- Music is not the only way for Ke$ ha to tell a story. It's scheduled to come out Nov. 20, shortly before her new album, "Warrior." According to Touchstone, an imprint of Simon& Schuster, the book will feature Ke$ ha's "thoughts and reflections" and pictures spanning from her childhood to her recent tour.
WASHINGTON-- Mitt Romney solely blamed President Barack Obama on Monday for potential defense cuts that Republicans in Congress worked out with the White House and Democrats and left the misimpression that Obama has ignored free trade initiatives.
WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."
NEW YORK-- Advertisements preaching religious tolerance and an end to bigotry are going up in Manhattan subway stations. A court decision forced the Metropolitan Transportation Authority to accept ads implying that enemies of Israel are "savages" and urging subway riders to "support the civilized man" and "Defeat Jihad."
FORT WORTH, Texas-- Pilots for American Eagle have approved a new labor contract with the company, which provides regional flights for American Airlines. Eagle and American Airlines are owned by AMR Corp. All three filed for bankruptcy protection in November.
PPROVIDENCE, R.I.-- A former bank executive working to hasten a resolution to hundreds of foreclosure disputes in Rhode Island's federal courts calls the mortgage crisis a "Gordian knot" and says debt forgiveness needs to be part of the solution.
The failure has caused delays at the Seattle- based airline's entire network of 64 destinations, which also includes airports in Alaska, Mexico and Canada. Alaska Airlines has an average of 436 flights a day.
:The European Union's financial affairs chief says he "less pessimistic" about the future of the euro than earlier this year but warned that the region was still a long way to go before the crisis over too much debt is solved. The OUTLOOK: The countries considered in the most tenuous financial condition are Greece and Spain.
Shares of Eli Lilly and Co. topped $50 for the first time in more than four years Monday after the drugmaker released more details behind late-stage studies of its potential Alzheimer's disease treatment.
NEWARK, N.J.-- Free rides on New Jersey Transit trains and buses may be coming to an end for some of the agency's employees. Chris Christie's emphasis on accountability to taxpayers. Similar measures have been approved by the New Jersey Turnpike Authority, Delaware River Port Authority and Port Authority of New York and New Jersey.
FRANKFURT, Germany-- A top European Central Bank official says the European Union should move ahead quickly with a new banking supervisor to deal with its shaky financial system. EU officials have proposed a Jan. 1 phase-in for the ECB to start supervising banks in the most troubled countries, with all 6,000 banks being supervised by the start of 2014..
SEATTLE-- Residents of Washington, Oregon and Colorado won't just be considering whether to let adults buy pot at state-sanctioned shops when they vote next month on legalizing and taxing marijuana. "Farmers are already engaged in a high-risk endeavor," said Roy Kaufmann, a spokesman for Oregon's pot initiative. "