U.S. President Barack Obama answers a question about the cyberattack on Sony Pictures after his end of the year press conference in the briefing room of the White House in Washington December 19, 2014.  REUTERS/Larry Downing

Sony hack was vandalism, not an act of war: Obama

WASHINGTON - President Obama moved to prevent anger at North Korea from spiraling out of control by saying the massive hacking of Sony Pictures was cyber-vandalism. not an act of war.   Full Article 

Global shares, oil and ruble rally into Christmas period 5:31am EST

LONDON - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.

Miguel Esteves places an NYPD badge on a makeshift memorial at the site where two police officers were shot in the head in the Brooklyn borough of New York, December 21, 2014. REUTERS/Carlo Allegri

NYC police slaying puts pressure on mayor

NEW YORK - New York Mayor Bill de Blasio faced the biggest crisis of his political career after a gunman killed two police officers in an attack intended to avenge recent police killings of unarmed black men.   Full Article | Video 

A flame shoots out of a chimney at a petro-industrial factory in Kawasaki near Tokyo December 18, 2014. REUTERS/Thomas Peter

Oil rebounds, tracking broader markets

LONDON - Oil rose mirroring gains in equities, as investors became confident there would be no further substantial price loss in the run-up to the new year.  Full Article 

U.S. Rep. Paul Ryan (R-WI) speaks during a session on "The Business of Taxes" at the Wall Street Journal's CEO Council meeting in Washington December 2, 2014. REUTERS/Kevin Lamarque

Republicans weigh changes at budget agency

WASHINGTON - When Republicans take full control of Congress, they will face decisions on major changes at the Congressional Budget Office, including possibly naming a new head and changing the rules used to assess the cost of legislation.  Full Article 

Airbus's company logo is pictured at the Airbus headquarters in Toulouse, December 4, 2014.  REUTERS/ Regis Duvignau

The inside story of the new Airbus A350 jet

PARIS - Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course.  Full Article 

An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014.  REUTERS/Kai Pfaffenbach

Uber faces legal scrutiny in Taiwan and China

TAIPEI/SHANGHAI - Uber Technologies is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that the company and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the start-up.  Full Article 

Report
Cairns death house facing demolition

The house in Australia where the bodies of eight children were found may be demolished to make way for a memorial. Paul Chapman reports.