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How much will cyberattack cost Sony?

How much will cyberattack cost Sony?


How much will cyberattack cost Sony?

Posted: 18 Dec 2014 10:46 AM PST

This photo provided by Columbia Pictures - Sony shows, Randall Park, center, as North Korean leader Kim Jong Un in Columbia Pictures' "The Interview." North Korea has been linked to the unprecedented act of cyberwarfare against Sony Pictures that exposed tens of thousands of sensitive documents and escalated to threats of terrorist attacks that ultimately drove the studio to cancel all release plans for "The Interview." (AP Photo/Columbia Pictures - Sony, Ed Araquel)It may be the most damaging hack ever inflicted on an American business.


Good news for U.S. homebuyers

Posted: 18 Dec 2014 08:34 AM PST

In this photo made Tuesday, Dec. 16, 2014, a for sale by owner sign sits in front of a home in Richardson, Texas. Mortgage company Freddie Mac releases weekly mortgage rates on Thursday, Dec. 18, 2014. (AP Photo/LM Otero)WASHINGTON (AP) — Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year.


'Savior of the nation'

Posted: 18 Dec 2014 07:13 AM PST

Russian President Vladimir Putin listens during his annual news conference in Moscow, Russia, Thursday, Dec. 18, 2014. The Russian economy will rebound and the ruble will stabilize, Russian President Vladimir Putin said Thursday at his annual press conference, he also said Putin says Ukraine must remain one political entity, voicing hope that the crisis could be solved through peace talks. (AP Photo/Pavel Golovkin)MOSCOW (AP) — From a Western perspective, Vladimir Putin's days as president of Russia should be numbered: The ruble has lost about half its value, the economy is in crisis and his aggression in Ukraine has turned the country into an international pariah.


Boston Marathon suspect's first day in court

Posted: 18 Dec 2014 10:53 AM PST

Boston Marathon bombing suspect to face judge ThursdayDzhokhar Tsarnaev will be seen by the public for the first time in over a year.


Matt Bai: Why Democrats should take their convention to central Ohio

Posted: 18 Dec 2014 02:18 AM PST

Columbus, Ohio skylineThe site a party chooses for its convention can say something about the kind of country it wants to build. And when Democrats select where they expect to host Hillary Clinton's coronation in 2016, they should go to Columbus, Ohio, to show what American cities might yet become. In terms of jobs, urban renewal and a great location at the center of an urbanized state, Columbus has much to recommend it. But it also has other things all too rare in modern American cities: strong leadership and a business community that doesn't shirk its civic responsibility. It's a vision of a hopeful future.


Putin: Russian economy will recover

Posted: 18 Dec 2014 01:41 AM PST

Russian President Putin is seen on a screen during his annual end-of-year news conference in MoscowThe Russian leader says the current crisis could last two years at most.


Obama reignites political debate over Cuba

Posted: 18 Dec 2014 06:30 AM PST

In this Wednesday, Dec. 17, 2014 file photo, Sen. Marco Rubio, R-Fla., the son of Cuban immigrants, prepares his statement before a news conference where he expressed his disappointment in President Barack Obama's initiative to normalize relations between the United States and Cuba, on Capitol Hill in Washington. Among potential Republican presidential candidates, Rubio led the attack on Obama's plans Wednesday to ease of economic and travel restrictions on Cuba, to open an embassy in Havana and review the communist nation's designation as a state sponsor of terrorism. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — The surprising move by President Barack Obama to restore U.S. ties with Cuba reignited long-simmering political passions over the fate of the island nation, reinforcing yet another difference between Democrat Hillary Rodham Clinton and several Republicans eyeing bids for the White House.


Accused Boston bomber says satisfied with defense lawyers

Posted: 18 Dec 2014 09:08 AM PST

In this courtroom sketch, Boston Marathon bombing suspect Dzhokhar Tsarnaev is depicted sitting in federal court in Boston Thursday, Dec. 18, 2014, for a final hearing before his trial begins in January. Tsarnaev is charged with the April 2013 attack that killed three people and injured more than 260. He could face the death penalty if convicted. (AP Photo/Jane Flavell Collins)By Scott Malone BOSTON (Reuters) - The Boston Marathon bombing suspect, in his first court appearance in more than a year, told a judge on Thursday that he was satisfied with his lawyers' preparations for the January start of his trial over the deadly 2013 attack. Dzhokhar Tsarnaev, 21, was dressed in a dark sweater and wore his hair shaggy for his appearance at U.S. ...


U.S., Cuba restore ties after 50 years

Posted: 17 Dec 2014 05:48 PM PST

Alan Gross takes a selfie with his wife, Judy Gross, onboard a government plane headed back to the U.S. in this White House handout photoBy Daniel Trotta and Steve Holland HAVANA/WASHINGTON (Reuters) - The United States and Cuba agreed on Wednesday to restore diplomatic ties that Washington severed more than 50 years ago, and President Barack Obama called for an end to the long economic embargo against its old Cold War enemy. After 18 months of secret talks, Obama and Cuban President Raul Castro agreed in a phone call on Tuesday on a breakthrough prisoner exchange, the opening of embassies in each other's countries, and an easing of some restrictions on commerce. ...


NYC subway extension may transform Manhattan neighborhood

Posted: 18 Dec 2014 06:06 AM PST

A man passes by the still unfinished 34th St. Hudson Yards stop for the Number 7 subway line in New YorkBy Barbara Goldberg NEW YORK (Reuters) - Work crews are scrambling underneath New York City to finish the city's first major new subway stop in 25 years, a fast-track project intended to revitalize a long-neglected slice of Manhattan. The city's transit authority has been working for seven years on the $2.4 billion extension of the Number 7 subway line, once known mainly for transporting fans to New York Mets baseball games and the U.S. Open tennis tournament. ...


U.S. links N. Korea to Sony hacking

Posted: 17 Dec 2014 08:14 PM PST

A banner for "The Interview"is posted outside Arclight Cinemas, Wednesday, Dec. 17, 2014, in the Hollywood section of Los Angeles. A U.S. official says North Korea perpetrated the unprecedented act of cyberwarfare against Sony Pictures that exposed tens of thousands of sensitive documents and escalated to threats of terrorist attacks that ultimately drove the studio to cancel all release plans for "The Interview." (AP Photo/Damian Dovarganes)Sony cancels its release of "The Interview," citing threats from hackers.


Executions in United States at 20-year low: report

Posted: 17 Dec 2014 09:21 PM PST

lethal injection roomBy Lawrence Hurley WASHINGTON (Reuters) - Amid growing concerns about how executions are carried out in the United States, the number of prison inmates being put to death fell to a 20-year low in 2014, the Death Penalty Information Center said in a report issued on Thursday. The 35 executions this year was the lowest since 1994, said the Washington-based nonprofit, which does not take a position on whether the death penalty should be abolished, in its annual survey of national data. ...


Amid scrutiny, Uber vows bigger focus on safety

Posted: 17 Dec 2014 08:28 PM PST

William Rouse, the General Manager of Los Angeles Yellow Cab, at podium, takes questions from the media as hundreds of Los Angeles area taxi drivers circle City Hall in their cabs to protest unregulated ride-share services being promoted through smart-phone applications and social media in Los Angeles Tuesday, June 25, 2013. The protest came one day after the city's transportation department issued "cease and desist" letters to companies such as Uber that allow consumers to book rides online with limo companies and private drivers. (AP Photo/Damian Dovarganes)Uber promises to focus on rider safety amid increasing concerns that its drivers are not adequately screened for past criminal convictions.


Cuba's Castro hails new era of 'living together' with U.S.

Posted: 17 Dec 2014 06:56 PM PST

A man waves a Cuban flag while celebrating the restoration of diplomatic relations between the island nation and the United States, in the courtyard of the Cuban Embassy in Santiago, Chile, Wednesday Dec. 17, 2014. After a half-century of Cold War acrimony, the United States and Cuba abruptly moved on Wednesday to restore diplomatic relations between the two nations. U.S. President Barack Obama spoke as Cuban President Raul Castro was addressing his nation in Havana, where church bells rang and school teachers paused lessons to mark the news. (AP Photo/Luis Hidalgo)Cuban President Raul Castro hailed a landmark exchange of prisoners with the United States on Wednesday and praised U.S. President Barack Obama as the two countries agreed to normalize relations after more than five decades of hostility. The United States freed three convicted Cuban spies in return for the release of U.S. foreign aid worker Alan Gross, imprisoned in Cuba in 2009, and of an intelligence agent who spied for the United States and had been held for nearly 20 years. ...


Obama to free 8 nonviolent drug offenders

Posted: 17 Dec 2014 02:40 PM PST

Obama to free eight non-violent drug offendersPresident Barack Obama will shorten the sentences of eight prisoners serving time for nonviolent drug crimes and pardon 12 ex-convicts, the Justice Department announced Wednesday.


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