Ebola fighters named Time Person of the Year

NEW YORK — Doctors, nurses and others fighting Ebola have been named Time's 2014 Person of the Year, the magazine announced Wednesday. The runners-up included Ferguson, Missouri, protesters; Russian President Vladimir Putin; Kurdish Regional Government...

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FAA issues commercial drone permits to 4 companies

WASHINGTON — Under pressure from Congress to speed access to U.S. skies for commercial drones, the government granted four companies permission Wednesday to use drones for aerial surveillance, construction site monitoring and oil rig flare stack inspections....

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NY man fined for calling boss a foreign spy

ALBANY, N.Y. — An electrical engineer from upstate New York has been fined $5,000 and sentenced to 180 hours of community service for accusing his boss of spying for another country. Ryan Letcher, of Endicott, was convicted in August of making a false...

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Reception to GOP tax amnesty plan mixed

Taxpayer activists are divided about a corporate tax amnesty program House leaders and Gov.-elect Charlie Baker are considering to generate cash for state spending needs. House Minority Leader Brad Jones (R-North Reading) has filed legislation to create...

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Nearly two-thirds of pay-TV subs now also have Netflix: study

Are Netflix and other streaming-video services contributing to the demise of cable and satellite TV? Some consumers may be deserting TV for streaming services, but for most pay-TV customers, Netflix and its ilk continue to be complementary to traditional...

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Finance errors to cost Alibaba Pictures more than $47 million

Alibaba Pictures Group, the film making unit of China's e-commerce giant, will have to restate its net asset value and take losses of at least US$47 million (HK$364 million) after an assessment of the company's financial mismanagement. The company announced...

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Energy stocks sink again as price of crude falls

NEW YORK — U.S. stocks are opening modestly lower as indexes in Europe and China recover from a slump the previous day. Energy stocks declined the most early Wednesday as the price of crude oil dropped again. Chevron and Exxon Mobil fell the most of...

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US stocks move lower as crude oil renews its slide

NEW YORK — U.S. stocks moved lower Wednesday, led by declines in energy stocks as the price of oil resumed its slide. Investors are also speculating the Federal Reserve will soon signal that it intends to raise interest rates next year should the economy...

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Appeals court deals blow to US in insider cases

NEW YORK — A federal appeals court dealt a blow to the government's success in insider trading prosecutions Wednesday by reversing two convictions with a decision that also jeopardizes a third — and attempts to further define how far prosecutors can...

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Ted Kennedy Jr.’s former co. being probed by SEC

Ted Kennedy Jr. says his former company is cooperating fully in an SEC investigation into allegations of insider trading. The Marwood Group, a health care-focused consulting firm co-founded by Kennedy, received notice from the Securities and Exchange...

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