National

Stocks gain for a third day this week; Oil price recovers

(AP) — The stock market is notching its third big gain this week as the price of oil recovers and investors applaud a big acquisition in the pharmaceutical industry.

5 children at Illinois day care diagnosed with measles

(AP) — Health officials say five children under age 1 who attend the same suburban Chicago day care have been diagnosed with measles.

Average US rate on 30-year mortgage falls to 3.59 pct.

(AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.

Pfizer buying Hospira for about $15.23 billion

(AP) — Pfizer is buying Hospira for approximately $15.23 billion, saying it is a good fit with its established global pharmaceutical business.

Penney zeros in on hair salons as a key to recovery

(AP) — J.C. Penney is giving its hair salons a makeover in a bid to lure younger customers who it hopes will then stay in the stores to shop.

US productivity falls at 1.8 percent rate in fourth quarter

(AP) — U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased.

Hackers access records for millions of Anthem customers

(AP) — Health insurer Anthem said hackers infiltrated its computer network and gained access to personal information for "tens of millions" of customers and employees, including CEO Joseph Swedish.

Staples buys Office Depot for $6B to keep pace with change 


(AP) — Evolving shopping habits have forced yet another retailer to think outside of the box.

FCC chairman proposes regulating Internet like phone service 


(AP) — Declaring that the Internet must not be taken over by big business interests, a top U.S. regulator on Wednesday proposed dramatically expanding the government's power to oversee Internet service providers and establishing new rules that would prohibit companies from blocking or slowing data.

US stock indexes end mixed as oil price resumes a slide

(AP) — Another plunge in the price of oil kept the stock market in a tight range as investors worried that a long-running collapse in crude prices was resuming.