- The Cosmopolitan on the Las Vegas Strip is hiring William McBeath to be the hotel-casino's new president and CEO after the property's $1.73 billion sale to Blackstone Group is complete.
- A U.S. official says federal investigators have now connected the Sony Pictures Entertainment Inc. hacking to North Korea and are expected to make an announcement in the near future.
- The cost of gasoline continues to drop. That no doubt means more money in your pocket just in time for the holidays. The trend should continue. The market closed December 16 with the price for a barrel of oil at $55.
- Caesars Entertainment Corp. officials say they won't make a $225 million interest payment due Monday on some of its debt as the company keeps negotiating with senior bondholders to restructure the company's finances.
- A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company.
Fed Sets Stage for Rate Hikes The Federal Reserve took a delicate step toward raising short-term interest rates in 2015, but at the same time exposed its skittishness about signaling a historic move away from easy-money policies in place since the global financial crisis.
Ruble Volatile Despite Intervention The ruble strengthened in afternoon trading after Russia’s central bank announced measures to shore up the country’s banks following another volatile day for the currency.
Ukraine Aims to Pass Budget Cuts, Reforms Ukraine’s government will pass fresh budget cuts and economic overhauls in the coming weeks in a bid to secure a broad new package of international assistance, the country’s new finance minister said.
Russia Moves to Help Lift Sinking Ruble A spiraling currency crisis, fueled by the bite of Western sanctions and the plummeting price of oil, spurred Russia’s central bank to raise interest rates late Monday, a drastic move aimed at shoring up the collapsing ruble.
Fears Spread of Sony-Style Hack Damaging revelations from the computer assault on Sony are playing like a horror movie in executive suites, prompting companies to review security measures and reconsider what is said in an email.
Ports Crisis Brings Commerce to Crawl Tommy Bahama and other retailers are a casualty of congestion snarling ports on the West Coast. The logjam in part stems from labor negotiations between port employers and workers.
Xavier Niel to Buy Orange Switzerland France’s Xavier Niel has agreed to buy Orange Switzerland from Apax Partners in a deal worth $2.8 billion, as the French technology entrepreneur continues to expand his telecom assets across Europe.
AbbVie Pins Hopes on Hepatitis C Treatment AbbVie is hoping for regulatory approval this month of its first significant new drug product in a decade: a multidrug regimen for the liver disease hepatitis C. AbbVie currently relies on just one drug to generate 63% of its revenue: the anti-inflammatory drug Humira.
Playing the Tax 'Audit Lottery' Buried in U.S. companies’ securities filings is an indicator for how aggressively they are working to shield their income from the IRS and other tax authorities.
German Business More Bullish German business confidence improved for the second consecutive month, a key indicator showed, as the eurozone’s largest economy benefits from lower oil prices and a weaker euro.
ABB Board Proposes Peter Voser as Chairman ABB Ltd. said it was proposing the former chief executive of Royal Dutch Shell as its next chairman, a move that comes as the power and technology giant embarks on a new five-year strategy.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.