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Forecast

Today: Mainly Overcast - A Few Flurries will be Possible.
High: 34     Winds: W 3-6 mph

Tonight: Light Flurries in the Evening.
Low: 24     Winds: WNW 5-10 mph

Friday: Another Cold Day with a Little More Sun.
High: 36     ...
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Washington Times
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Business News

Last Update on December 18, 2014 08:45 GMT

ECONOMY-THE DAY AHEAD

WASHINGTON (AP) -- Labor Department releases weekly jobless claims, 8:30 a.m. Eastern Time.

Mortgage company Freddie Mac releases weekly mortgage rates, 10 a.m.

Conference Board releases leading indicators for November, 10 a.m.

SONY HACK-NORTH KOREA

NEW YORK (AP) -- A U.S. official says North Korea perpetrated an 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," the film at the heart of the attack.

Federal investigators have now connected the Sony Pictures hack to the isolated communist nation, according to an official who spoke on condition of anonymity because the official was not authorized to openly discuss an ongoing criminal case.

Earlier in the day, the besieged company said it was canceling the Christmas Day release of "The Interview." It cited the threats of violence against movie theaters and decisions by the largest multiplex chains in North America, one after another, to pull the film from its screens.

The attack is unprecedented and possibly the costliest for a U.S. company ever, says Avivah Litan, a cybersecurity analyst at research firm Gartner.

UBER-SAFETY

LOS ANGELES (AP) -- Taxi alternative Uber is responding to public concerns that its drivers are not adequately screened for past criminal convictions by promising to focus on rider safety.

Uber's head of global safety wrote in a blog post Wednesday that in 2015 the company will "build new safety programs and intensify others."

The initiatives will include new ways to screen drivers and the creation of teams that can rapidly respond to safety-related reports.

The blog referenced a case in India in which a driver was accused of raping a passenger. It didn't mention a lawsuit filed by California prosecutors which says the company's safety checks of drivers fall short.

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Major business and economic reports set for release today

WASHINGTON (AP) -- Labor Department releases weekly jobless claims, 8:30 a.m. Eastern Time.

Consumer Info

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Entertainment News

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WASHINGTON (AP) -- It's called "cramming" -- illegally billing wireless customers for unwanted charges for services provided by third-party companies.

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