Brian Williams renews contract with NBC news

NBC News said it has signed Brian Williams, the anchor of its evening newscast and the public face of the NBCUniversal-owned unit, to a new long-term deal. No financial terms were offered, but the Los Angeles Times reported that the pact could be for...

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US stocks up after biggest weekly loss since 2012

NEW YORK — U.S. stocks opened broadly higher Monday following the biggest weekly losses in two and a half years. The Russian ruble hit a record low against the dollar. KEEPING SCORE: The Standard & Poor's 500 index rose seven points, or 0.4 percent,...

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Boston among 14 cities to get Bloomberg 'innovation team' grants

NEW YORK — Fourteen cities ranging from Long Beach, California, to Jerusalem are getting up to $3 million from former New York City Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety,...

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UN commission asks for Ebola debt forgiveness

ADDIS ABABA, Ethiopia — A U.N. commission is asking for more debt cancellations for the three West African nations hardest hit by the Ebola virus. The United Nations Economic Commission for Africa said Monday that it is crucial that the current Ebola...

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Factory output eclipses pre-recession high

WASHINGTON — U.S. manufacturing output in November surpassed its pre-recession peak, as auto production kicked into a higher gear. The Federal Reserve said Monday that factory production rose 1.1 percent last month, up from a 0.4 percent improvement...

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Belgian strike paralyzes traffic, idles industry

BRUSSELS — A general strike paralyzed Belgium's air and rail traffic and idled scores of companies across the country Monday as trade unions capped a month of labor action against government austerity policies. The strike targeted measures by the nation's...

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London banker banned for dodging rail fares

LONDON — A London banker has been banned from working in the financial services industry after he was caught dodging rail fares. The Financial Conduct Authority (FCA) said in a statement Monday that Jonathan Burrows has been banned for not being "fit...

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Riverbed Technology accepts $3.6B takeover bid

SAN FRANCISCO — Private equity firm Thoma Bravo and a Canadian teacher pension will pay about $3.6 billion to take Riverbed Technology private a couple months after the computer networking equipment maker promised a thorough review of its business. ...

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US homebuilder sentiment slips in December

U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday...

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Court rules for energy firm in class-action suit

WASHINGTON — The Supreme Court won't make it tougher for defendants in class-action lawsuits to transfer cases from state courts to more business-friendly federal court. The justices on Monday ruled 5-4 in favor of a Michigan energy company that wanted...

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