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AP Top Business News At 7:40 p.m. EST
Updated: 15 hours 9 min ago

North Korea proposes joint probe over Sony hacking

Sat, 2014-12-20 17:40
SEOUL, South Korea (AP) -- North Korea proposed a joint investigation with the U.S. into the hacking attack against Sony Pictures Entertainment, warning of "serious" consequences if Washington rejects a probe that it believes would prove Pyongyang had nothing to do with the cyberattack....

Sony saga blends foreign intrigue, star wattage

Sat, 2014-12-20 16:08
LOS ANGELES (AP) -- The hackers who hit Sony Pictures Entertainment days before Thanksgiving crippled the network, stole gigabytes of data and spilled into public view unreleased films and reams of private and sometimes embarrassing executive emails....

Haggen chain buying 146 Safeway, Albertsons stores

Sat, 2014-12-20 12:16
BELLINGHAM, Wash. (AP) -- The Washington state-based grocery chain Haggen Inc. plans to buy 146 Albertsons and Safeway stores in Washington, Oregon, California, Nevada and Arizona....

Falling oil prices worry Algeria

Sat, 2014-12-20 10:36
ALGIERS, Algeria (AP) -- With oil prices at their lowest in five years and showing few signs of hitting bottom, Algeria is feeling the pinch....

Why the Sony hack isn't big news in Japan

Sat, 2014-12-20 09:33
Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business....

Texas ranchers seeking alternative incomes

Sat, 2014-12-20 08:48
GAIL, Texas (AP) -- The Muleshoe Ranch's profits were chopped in half when the drought withered pastures, dried up stock tanks and forced the owner to move most of his cattle out of state....

Hopes, fears, doubts surround Cuba's oil future

Sat, 2014-12-20 07:01
MIAMI (AP) -- One of the most prolific oil and gas basins on the planet sits just off Cuba's northwest coast, and the thaw in relations with the United States is giving rise to hopes that Cuba can now get in on the action....

Tick-tock: Tips for last-minute shoppers

Sat, 2014-12-20 05:36
PORTLAND, Ore. (AP) -- The clock is ticking, and your holiday shopping list isn't complete....

Russia dismisses new US sanctions as useless

Sat, 2014-12-20 04:13
MOSCOW (AP) -- Russia on Saturday dismissed new U.S. sanctions as useless and said it was poised to wait as long as it takes for the U.S. to recognize its historic right to the Crimean peninsula....

Sony on shelving 'The Interview': 'We had no choice'

Fri, 2014-12-19 18:46
NEW YORK (AP) -- Following pointed criticism from President Barack Obama for shelving "The Interview," Sony Pictures Entertainment on Friday defended its decision, claiming it had no choice but to cancel the film's Christmas Day theatrical release....

Court finds anti-whaling protesters in contempt

Fri, 2014-12-19 17:42
SAN FRANCISCO (AP) -- Radical environmentalists who threw acid and smoke bombs at Japanese whalers were found in contempt of court Friday for continuing their relentless campaign to disrupt the annual whale hunt off the waters of Antarctica....

FDA approves AbbVie combo hepatitis C treatment

Fri, 2014-12-19 17:36
TRENTON, N.J. (AP) -- Patients with chronic hepatitis C have a new option for treating the liver-damaging virus, with the approval of a combination treatment developed by AbbVie....

2012 movie massacre hung over 'Interview' decision

Fri, 2014-12-19 17:24
LOS ANGELES (AP) -- When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but sealed....

Cuban cigar boom? Not yet, stores and customers say

Fri, 2014-12-19 17:20
MIAMI (AP) -- The coveted Cuban cigar is set to make its first legal appearance in the U.S. in years, with relaxed guidelines allowing American travelers to return with a few of the once-forbidden items in their suitcases. But the cigars won't roll into stores just yet, and owners say they aren't worried about any dip in business....

Staples: Customer data exposed in security breach

Fri, 2014-12-19 16:58
PORTLAND, Ore. (AP) -- Staples Inc. says nearly 1.2 million customer payment cards may have been exposed during a security breach earlier this year....

Sales for holiday shopping season come down to the wire

Fri, 2014-12-19 16:32
NEW YORK (AP) -- Despite an early start, sales data provided to The Associated Press show that stores may once again have to rely on procrastinators to save the holiday shopping season....

US stocks inch higher after a big two-day rally

Fri, 2014-12-19 14:51
NEW YORK (AP) -- Oil and gas companies led the stock market up Friday, helping the Standard & Poor's 500 index notch its second-best week this year....

Hackers warn not to release 'The Interview' in any form

Fri, 2014-12-19 13:48
NEW YORK (AP) -- Hackers sent a new email Friday to Sony Pictures Entertainment, gloating over the studio's "wise" decision to cancel the release of "The Interview" and warning not to distribute the film "in any form."...

T-Mobile paying at least $90M for unwanted services

Fri, 2014-12-19 13:21
WASHINGTON (AP) -- T-Mobile US will pay at least $90 million, mostly in refunds, for billing customers for cellphone text services they didn't order, under a settlement with federal regulators....

Hellman's maker Unilever drops suit over 'Just Mayo'

Thu, 2014-12-18 17:28
ENGLEWOOD CLIFFS, N.J. (AP) -- Hellman's mayonnaise maker Unilever says that it has withdrawn its lawsuit against the maker of "Just Mayo."...