Israel's Channel 10 seeks emergency government funding to avert shutdown

TEL AVIV - Israel's Channel 10, which for years has been struggling to pull itself out of a financial black hole, will go dark for good on Dec. 31 without an emergency injection of cash from the government. On Sunday night, however, three days before...

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Program that backed Solyndra now showing successes

WASHINGTON — At the RV Park he owns in a remote corner of southwestern Kansas, Jan Leonard is seeing the benefits of one of the federal government's most contentious programs. Development is booming in tiny Hugoton, a town of roughly 3,900 people. The...

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Vermont Yankee plant prepares to shut down

VERNON, Vt. — The Vermont Yankee nuclear plant is getting ready to shut down. Its owner, Entergy Corp., says it is closing the plant for economic reasons. The plant in Vernon is expected to disconnect from the regional power grid Monday. The plant...

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Key decisions on drones likely from Congress

WASHINGTON — The Obama administration is on the verge of proposing long-awaited rules for commercial drone operations in U.S. skies, but key decisions on how much access to grant drones are likely to come from Congress next year. Federal Aviation Administration...

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Allianz says it's lead insurer for AirAsia plane

BERLIN — Allianz says it is the lead insurance firm for the AirAsia jetliner that went missing off Indonesia with 162 people on board. The Munich-based reinsurance giant said Monday that its subsidiary Allianz Global Corporate & Specialty UK is...

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AirAsia's brash CEO in spotlight after jet disappears

KUALA LUMPUR, Malaysia — His airline empire began, Tony Fernandes likes to say, with the purchase of a bankrupt company for less than a dollar. Now, after years of growth that made him the king of Asian budget travel, the flamboyant Malaysian businessman...

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In crowded skies, lost plane's request for new path denied

SURABAYA, Indonesia — The plane sought permission to climb above threatening clouds. Air traffic control couldn't say yes immediately — there was no room. Six other commercial airliners were crowding the surrounding airspace, forcing AirAsia Flight 8501...

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S. Korea officials face punishment over 'nut rage'

SEOUL, South Korea — Four South Korean officials will be punished for improper conduct during an investigation into a former Korean Air Lines executive who forced a flight to return over a bag of macadamia nuts, the Transport Ministry said Monday. The...

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Greece heads for early election, stoking financial concerns

ATHENS, Greece — Greece's government was forced Monday to call early national elections, stoking financial concerns as investors worry the main opposition party will win — and want to renege on the country's bailout deal. The stock market closed 3.9...

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Gas in Massachusetts drops 11 cents per gallon

BOSTON — Another double-digit drop in the cost of a gallon of gasoline in Massachusetts has brought prices to their lowest level in more than five years. AAA Southern New England reports Monday that self-serve, regular fell 11 cents in the past week...

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Stocks mostly higher at midday, extending advance

Major stock indexes edged mostly higher Monday but the gains were held back by discouraging data on U.S. home sales and a deepening slide in oil prices. The market is coming off a big advance last week, which gave the Standard & Poor's 500 its second-biggest...

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Express Scripts turns to AbbVie in huge hepatitis C deal

The nation's largest pharmacy benefits manager is throwing its weight into a fight over the high cost of treating hepatitis C, saying it will cover a new drug from AbbVie while pulling back on more expensive options from rival drugmakers. Express Scripts...

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Full text of statement from North Korea's National Defence Commission

Full text of statement from North Korea's National Defence Commission U.S. Urged to Honestly Apologize to Mankind for Its Evil Doing before Groundlessly Pulling up Others Pyongyang, December 21 (KCNA) -- The Policy Department of the National Defence...

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Russia bails out bank following ruble slide

MOSCOW — Russia has bailed out a mid-sized bank for about $500 million to save it from bankruptcy— a clear sign that the slide in the value of the ruble in the wake of sliding oil prices is straining the banking system. The Central Bank said Monday...

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How Obama took Sony's crisis from bad to worse

If there are such a thing as textbooks in the field of crisis management, the Sony Pictures hack might end up in the chapter labeled "Worst Case Scenario." But as much as Sony seemed to mishandle its sorry situation in recent days, the severity of the...

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Problems surround Alibaba Pictures as it reveals $57 million loss

HONG KONG -- Alibaba Pictures Group, the film investment and distribution arm of Chinese e-commerce giant Alibaba, has revealed losses of US$57.1 million (HK$443 million). The figures amount to a painful house cleaning exercise and a demonstration of...

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Stocks mostly higher in morning trading, extending rally

Major stock indexes edged mostly higher Monday morning but the gains were held back by discouraging data on U.S. home sales and a deepening slide in oil prices, which hammered energy stocks. Stocks have notched gains the past three trading days. KEEPING...

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Springfield TV pioneer Putnam dies

SPRINGFIELD, Mass. — William Lowell Putnam, who founded the Springfield area's first television station and the first licensed UHF television station in the United States, has died. WWLP-TV said in a statement that Putnam died Sunday. He was 90. Putnam...

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Massachusetts gas prices down another 11 cents

BOSTON — The holidays are a little happier for Massachusetts residents who are seeing another steep drop in gas prices. AAA Southern New England reports Monday that the price of a gallon of self-serve, regular dropped another 11 cents in the past week...

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US home sales hit slowest pace in 6 months in Nov.

WASHINGTON — Fewer Americans bought homes in November as buying slid to its slowest pace in six months. The National Association of Realtors said Monday that sales of existing homes fell 6.1 percent to a seasonally adjusted annual rate of 4.93 million....

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Court rules for energy firm in class-action suit

WASHINGTON — The Supreme Court won't make it tougher for defendants in class-action lawsuits to transfer cases from state courts to more business-friendly federal court. The justices on Monday ruled 5-4 in favor of a Michigan energy company that wanted...

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US stock slip after biggest weekly loss since 2012

NEW YORK — U.S. stocks are falling slightly in morning trading Monday following the market's biggest weekly loss in two and a half years. The Russian ruble hit a record low against the dollar. KEEPING SCORE: The Standard & Poor's 500 index fell...

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London banker banned for dodging rail fares

LONDON — A London banker has been banned from working in the financial services industry after he was caught dodging rail fares. The Financial Conduct Authority (FCA) said in a statement Monday that Jonathan Burrows has been banned for not being "fit...

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Riverbed Technology accepts $3.6B takeover bid

SAN FRANCISCO — Private equity firm Thoma Bravo and a Canadian teacher pension will pay about $3.6 billion to take Riverbed Technology private a couple months after the computer networking equipment maker promised a thorough review of its business. ...

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Dutch watchdog demands privacy changes from Google

THE HAGUE, Netherlands — A Dutch privacy watchdog on Monday ordered Google to make changes to the way it handles users' personal data or face fines of up to 15 million euros ($18.7 million). The College for the Protection of Personal Data announced...

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Belgian strike paralyzes traffic, idles industry

BRUSSELS — A general strike paralyzed Belgium's air and rail traffic and idled scores of companies across the country Monday as trade unions capped a month of labor action against government austerity policies. The strike targeted measures by the nation's...

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US homebuilder sentiment slips in December

U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday...

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Brian Williams renews contract with NBC news

NBC News said it has signed Brian Williams, the anchor of its evening newscast and the public face of the NBCUniversal-owned unit, to a new long-term deal. No financial terms were offered, but the Los Angeles Times reported that the pact could be for...

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Vermont girl recovering from brain surgery in Boston

BOSTON — A 9-year-old girl whose friends from a Vermont music school traveled to Boston Children's Hospital so she could finish a holiday concert she'd been unable to complete after falling ill is recovering from surgery. Sophie Fellows underwent surgery...

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Massachusetts gas prices down a dime

BOSTON — Massachusetts drivers continue to benefit from tumbling prices at the pump. AAA Southern New England reports Monday that the cost of a gallon of self-serve, regular dropped a dime in the past week to an average of $2.68. The current Bay State...

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Pulitzer Prizes expand eligibility in 2 categories

NEW YORK — The Pulitzer Prizes have expanded eligibility for two categories. The board overseeing the journalism awards announced Monday that the Investigative Reporting and Feature Writing categories will now include many online and print magazines....

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Big Mac hurting as customers get pickier

NEW YORK — Hold the pickles, onions and special sauce. The Big Mac is becoming a victim of finicky tastes. As sales continue to slide in the U.S., McDonald's plans to expand a test that lets people build their own burgers by tapping on a touchscreen...

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Super Bowl ads: GoDaddy kicks off early-bird advertising for big game

NBC won't televise Super Bowl XLIX for more than a month, but advertisers have already commenced what has become the inevitable rush to promote their participation in the event weeks before most fans have even started working on a game-day menu. Doritos,...

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New Delhi bans Uber after alleged rape by driver

NEW DELHI — The Indian capital on Monday banned taxi-booking service Uber after a woman accused one of its drivers of raping her. Transport official Satish Mathur made the announcement as the 32-year-old suspect appeared in a New Delhi court. The court...

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