WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Falling oil prices worry Algeria
Oil revenues make up 97 percent of the country's hard currency earnings and 60 percent of the government's budget. There has been little impetus for reform at the highest levels with much of policymaking on hold due to the president's fragile...
Dec 22, 2014 | 4:22 AM
AP source: US seeks China's help after cyberattack
HONOLULU (AP) — The United States is asking China for help as it weighs potential responses to a cyberattack against Sony Pictures Entertainment that the U.S. has blamed on North Korea. A senior Obama administration official says the U.S. and China...
Dec 22, 2014 | 4:22 AM
Sony saga blends foreign intrigue, star wattage
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...
Dec 22, 2014 | 4:22 AM
Kocherlakota warns Fed of 'unacceptable' risk
WASHINGTON (AP) — One of three Fed officials who dissented in the Fed's policy decision this week is warning that the central bank is taking an "unacceptable" risk by not paying more attention to the dangers posed by low inflation. Kocherlakota is...
Dec 22, 2014 | 4:22 AM
Judge: Family Dollar can vote on Dollar Tree buyout
DOVER, Del. (AP) — A Delaware judge says stockholders of Family Dollar Stores Inc. can vote on proposed $8.5 billion acquisition by Chesapeake, Virginia-based Dollar Tree Inc. [...] some Family Dollar shareholders want the vote postponed until the...
Dec 22, 2014 | 4:22 AM
US regulators close small Minnesota bank
BankVista, based in Sartell, Minnesota, agreed to assume all of Northern Star Bank's deposits and to purchase essentially all of the failed bank's assets.
Dec 22, 2014 | 4:22 AM
In latest TV spat, Fox News blocked from Dish Network
NEW YORK (AP) — Dish Network subscribers were unable to watch Fox News Channel and the Fox Business Network on Sunday when the channels were taken down as part of contract negotiations. Dish Network just settled disputes that led to the temporary...
Dec 22, 2014 | 4:22 AM
Hopes, fears, doubts surround Cuba's oil future
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. Fryklund says that U.S....
Dec 22, 2014 | 4:22 AM
North Korea proposes joint probe over Sony hacking
The break-in resulted in the disclosure of tens of thousands of confidential Sony emails and business files, and escalated to threats of terror attacks against U.S. movie theaters that caused Sony to cancel the Christmas Day release of "The...
Dec 22, 2014 | 4:22 AM
FDA approves AbbVie combo hepatitis C treatment
Without proper treatment, up to 30 percent of those people will eventually develop cirrhosis, an advanced liver disease in which excessive alcohol, fat and other substances kill off liver cells, causing scarring of the liver tissue. For decades,...
Dec 22, 2014 | 4:22 AM