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
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.
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
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