Tags: Barack Obama

Sony's 'The Interview' surpasses $40 million in digital sales

"The Interview," the Sony Pictures comedy believed to have triggered a cyber attack on the studio, has racked up over $40 million in sales from 5.8 million digital downloads, the studio said on Tuesday.


Obama speech to call for closing tax loopholes

President Barack Obama's State of the Union address will propose closing multibillion-dollar tax loopholes used by the wealthiest Americans, imposing a fee on big financial firms and then using the revenue to benefit the middle class, senior administration officials said on Saturday.

India on brink of 'quantum leap,' Modi tells investors

Indian Prime Minister Narendra Modi promised on Sunday to pursue predictable policies and ensure stable taxes, in a speech that sought to address concerns for foreign investors in Asia's third-largest economy.

'Vibrant India': Modi's superlative act to charm investors

Global statesmen and business titans descend on Indian Prime Minister Narendra Modi's home state on Sunday to pay homage to the man they are counting on to unleash big-bang reforms and create one of the few bright spots in a troubled world economy.


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Sony Pictures (6758.T) said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, an impressive return made possible by the publicity surrounding the cyberattack blamed on North Korea.
The United States has sought help from China, Japan, South Korea and Russia in combating cyber attacks such as the one Washington on Friday accused North Korea of carrying out against Sony Pictures, U.S. officials said.
U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes.
Dozens of temporary tax breaks, including big ones for business research, wind power and foreign profits, were renewed by the U.S. Senate late on Tuesday, putting to rest worries that further delays in dealing with the so-called tax extenders might foul up the approaching tax-filing season.
Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.
Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.
U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline.
The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.
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