Recent Business Headlines

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at 06:45 on December 18, 2014, EST.

'The Interview' at Sony just its latest crisis after several years of losses

TOKYO - How do you say "damage control" in Japanese? Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the sprawling business empire.

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at 07:11 on December 18, 2014, EST.

European Union imposes ban on investment in Crimea, other economic sanctions.

BRUSSELS - The European Union has imposed a ban on investment in Crimea, and other economic sanctions including measures aimed at keeping tourists away.

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at 06:43 on December 18, 2014, EST.

TransCanada CEO says industry has lived through worse than latest crude downturn

CALGARY - The CEO of TransCanada Corp. (TSX:TRP) says he doesn't see the oil industry's appetite for new pipelines faltering even though crude prices have skidded recently to the lowest in more than five-years.

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at 04:00 on December 18, 2014, EST.

U.S. incentive program may alter the challenging economics of Ebola vaccines

TORONTO - Earlier this week, U.S. President Barack Obama signed into law a little piece of legislation that may significantly change the economics of making drugs or vaccines to protect against Ebola and other viruses in its deadly family.

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at 05:57 on December 18, 2014, EST.

Sony faces losses on multiple fronts from unprecedented cyberattack linked to North Korea

NEW YORK, N.Y. - The unprecedented hack of Sony Pictures which a U.S. official says is linked to North Korea may be the most damaging cyberattack ever inflicted on an American business.

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at 03:16 on December 18, 2014, EST.

Sony emails reveal loose use of passwords and IDs, ripe for hacking

WASHINGTON - In the weeks before hackers broke into Sony Pictures Entertainment, the studio suffered significant technology outages it blamed on software flaws and incompetent technical staffers who weren't paying attention, even as hackers targeted executives to trick them into revealing their online credentials.

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Content Provided By Canadian Press.