Sony Cancels The Interview After Threats

Sony Pictures Entertainment cancelled the planned Christmas Day release of The Interview on Wednesday after an unknown person or group threatened to attack theaters that played the film. Sony’s decision comes after several major theater chains backed out of showing the film in light of the threats.

“We are deeply saddened by this brazen effort to suppress the distribution of a movie, and in the process do damage to our company, our employees and the American public,” Sony said in a statement. “We stand by our filmmakers and their right to free expression and are extremely disappointed by this outcome.”…

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Cruise Line Shares Sail Higher as U.S., Cuba Relations Improve

Shares of cruise-line operators sailed to big gains on Wednesday as investors placed a bet that improving relations between the U.S. and Cuba could lead to new opportunities for tourism.

Shares of Carnival, Norwegian Cruise Line and Royal Caribbean all rose in early trading Wednesday, outpacing the Dow Jones Industrial Average, after the Obama administration said it plans to lift many of its existing travel restrictions on Cuba.

The new regulations will make it easier for Americans to visit to Cuba under the 12 categories of travel that are currently allowed, The Wall Street Journal reported, though it isn’t …

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Bacardi, Exiled From Cuba in 1960, Is Hopeful for Change

Bacardi, the spirits maker that was founded in Cuba and later exiled from the country in 1960, says it hopes for better lives for Cubans following the Obama Administration’s decision to normalize diplomatic relations with the Caribbean island.

“We hope for meaningful improvements in the lives of the Cuban people and will follow any changes with great interest,” Bacardi said in an e-mailed statement. “In the meantime, we continue to support the restoration of fundamental human rights in Cuba.”

Bacardi says it’s taking a wait-and-see approach on Cuba after the United States on Wednesday said it would open an embassy

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Dow Jumps After Fed Pledges Patience in Rate Hikes

(NEW YORK) — The Dow Jones industrial average surged as much as 300 points after the Federal Reserve signaled it was edging closer to raising interest rates because of a strengthening U.S. economy, but promised to be “patient” in its approach.

The Fed says this approach is consistent with what it called its “previous” guidance that it expected to keep the rate near zero for a “considerable time.”

The Dow was up 255 points, or 1.5 percent, to 17,324 as of 2:22 p.m. Eastern time Thursday. It rose as much as 303 points shortly after the announcement.

The Fed gave …

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Netflix Just Announced a Huge New Partnership

Netflix has found an unlikely partner to help it recruit more new subscribers—Dish Network.

The satellite operator announced Wednesday that it will be integrating Netflix directly into its Hopper set-top box. That means Dish subscribers will be able to seamlessly switch to Netflix content using the same device, remote control and video input that they use when they watch regular television.

The Dish deal, however, doesn’t mean Netflix will be free for Dish subscribers. It only makes it easier for people who use both Netflix and Dish to watch Netflix content.

“Pairing Netflix with Hopper represents the consolidation of two …

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