Posts Tagged Business

Ruble crisis threatens Kontinental Hockey League

MOSCOW (AP) — The Russia-based Kontinental Hockey League saw itself as the oil-rich rival to the NHL, offering a tempting, if less prestigious, alternative to playing in North America.

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LA Dodgers chart new course with rebuilt roster

Los Angeles Dodgers baseball player Howie Kendrick takes questions from the media at an introductory news conference at Dodger Stadium in Los Angeles Friday, Dec. 19, 2014. (AP Photo/Damian Dovarganes)

LOS ANGELES (AP) — Andrew Friedman has thoroughly overhauled a 94-win team in his first two months running the Los Angeles Dodgers. None of his myriad moves made a bigger, more baffling splash than his trade of popular slugger Matt Kemp and $32 million to a division rival for what might be no more than half of a catching platoon.

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Obama says North Korea hacked Sony, vows response

President Barack Obama speaks during a news conference in the Brady Press Briefing Room of the White House in Washington, Friday, Dec. 19, 2014. The president claimed an array of successes in 2014, citing lower unemployment, a rising number of Americans covered by health insurance, and an historic diplomatic opening with Cuba. He also touts his own executive action and a Chinese agreement to combat global warming. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — President Barack Obama declared that Sony “made a mistake” in shelving a satirical film about a plot to assassinate North Korea’s leader, and he pledged the U.S. would respond “in a place and manner and time that we choose” to the hacking attack on Sony that led to the withdrawal. The FBI blamed the hack on the communist government.

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Things to know about Friday’s baseball news

San Diego Padres outfielder Matt Kemp, center, poses for a picture with Padres general manager A.J. Preller, left, and manager Bud Black, right, during a news conference introducing Kemp as part of the baseball club Friday, Dec. 19, 2014, in San Diego. The Padres deal for the former the Los Angeles Dodger was the first of three big deals by the new Padres general manager, who also has added outfielder Wil Myers, the 2013 AL Rookie of the Year, from Tampa Bay and All-Star catcher Derek Norris from Oakland. (AP Photo/Gregory Bull)

There was a flurry of news around Major League Baseball on Friday as teams worked to retool before the holiday break. Here are some things to know about all the player moves and other changes:

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AP Interview: Coelho says Sony hack threatens all

Brazilian author  Paulo Coelho gestures during an interview with The Associate Press, at his apartment, in Geneva, Switzerland, Friday, Dec. 19, 2014. Coelho says the Sony hack threatens us all if society doesn't enforce important values against anonymous terrorists. The best-selling author says he was prepared to make himself an example — even if it meant inviting criticism and threats — if Sony Pictures had taken him up on his $100,000 offer for the rights to its cancelled film. (AP Photo/Boris Heger)

GENEVA (AP) — Brazilian author Paulo Coelho says the Sony hack threatens us all if society doesn’t enforce important values: our individual and collective freedom of expression and an unwavering refusal to negotiate with anonymous terrorists.

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