National

US stocks jump as Fed promises 'patient' approach

(AP) — The U.S. stock market is closing with its biggest gain in more than a year after the Federal Reserve said it was in no rush to raise rates.

Top theater chains cancel 'The Interview' showings 


(AP) — The top theater chains in North America have dropped "The Interview" after hackers threatened terrorist attacks at theaters showing the comedy, effectively squashing the Christmas Day release of the film.

Marijuana research projects getting state funding

(AP) — Colorado was poised Wednesday to award more than $8 million for medical marijuana research, a step toward addressing complaints that little is known about pot's medical potential.

Sprint accused of billing for unwanted services

(AP) — Federal regulators are accusing Sprint Corp. of illegally billing its wireless customers tens of millions of dollars in unwanted charges for text message alerts and other services.

After 53 years, time is right for US and Cuba

(AP) — After 53 years of hostility between the United States and Cuba, the timing to make amends was perfect for both governments.

Fed promises 'patient' approach to rate hikes 


(AP) — The Federal Reserve is signaling that it's edging closer to raising interest rates from record lows because of a strengthening U.S. economy and job market. But it is promising to be "patient" in determining when to raise rates.

New York will move to prohibit fracking

(AP) — Gov. Andrew Cuomo's administration will move to prevent fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique.

Dish adds Netflix app to some of its set-top boxes

(AP) — Dish is making it easier to watch video from an online rival, Netflix.

Obama: US re-establishing relations with Cuba 


(AP) — President Barack Obama announced the re-establishment of diplomatic relations as well as an easing in economic and travel restrictions on Cuba Wednesday, declaring an end to America's "outdated approach" to the communist island in a historic shift that aims to bring an end to a half-century of Cold War enmity.

14 charged for roles in meningitis outbreak 


(AP) — Federal prosecutors say the indictment of 14 people in connection with a meningitis outbreak that killed 64 people nationwide is the largest criminal case ever brought in the U.S. over contaminated medicine.