Peru’s President Kuczynski says may sue Odebrecht

Peruvian president Pedro Pablo Kuczynski said on Saturday that he is evaluating the possibility of suing Brazilian construction firm Odebrecht [ODBES.UL] for damages after the company admitted to using bribes to secure public contracts in the Andean nation. Odebrecht, Latin America's largest construction outfit, acknowledged in a U.S. settlement earlier in December to having doled out hundreds of millions of dollars in bribes to public officials in 12 nations. Without doubt one of them is that, but it has to be looked at case by case,” Kuczynski said in an interview with local radio station RPP, when asked about the possibility of suing the company.

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Peru’s President Kuczynski says may sue Odebrecht

Luminar: The only photo-editing tool most Mac users need

Mac users seeking a powerful photo-editing tool that's capable of transforming average images should try Macphun's bargain-priced Luminar.

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Luminar: The only photo-editing tool most Mac users need

Oil down, but ends year with biggest gain since 2009

Oil prices settled slightly lower on Friday, the year's last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years. U.S. benchmark West Texas Intermediate (WTI) crude futures were down 5 cents, or 0.1 percent, at $53.72 a barrel, while Brent fell 3 cents, or 0.1 percent, to $56.82. Oil prices have slumped since the summer of 2014 from above $100 a barrel.

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Oil down, but ends year with biggest gain since 2009

Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua

A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440) compensation for copying parts of their hit movies “Cars” and “Cars 2”, the official Xinhua news agency reported on Saturday. The ruling is the latest in a slew of intellectual property wins for large foreign firms, who have complained about widespread copyright infringement in China. Disney and Pixar took the Chinese firms to court saying the characters, titles and posters from local animation “The Autobots” were substantially similar to those from “Cars” and “Cars 2”.

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Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua

Investors brace for 2017 shocks after surprise 2016 run

After a late-year rally fueled by the U.S. election pushed stocks to surprising new peaks, investors are wary that the market could be primed for a spill to start 2017. From here, though, investors expect the S&P 500 to rise by mid-single-digits in 2017, according to a Reuters poll earlier this month. Meanwhile, a market lifted in part by hopes for Trump's policy agenda could be deflated should any of those hopes be dented once he begins in office.

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Investors brace for 2017 shocks after surprise 2016 run

Tesla owner files lawsuit in California claiming sudden acceleration

Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It cites seven other complaints registered in a database compiled by the National Highway Traffic Safety Administration (NHTSA) dealing with sudden acceleration without warning.

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Tesla owner files lawsuit in California claiming sudden acceleration

4 security measures that strengthen big data governance

Discover how revisions to security processes can help protect your company's data.

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4 security measures that strengthen big data governance

Wall St. set to end 2016 with a whimper

(Reuters) – U.S. stocks fell on the last trading day of 2016, eating into gains for the year, as Apple led a decline in technology stocks.

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Wall St. set to end 2016 with a whimper

Dollar set for yearly gain despite brief euro surge

The U.S. dollar was on track to notch a fourth straight year of gains against a basket of major currencies on Friday, despite briefly tumbling against the euro during the Asian trading session on thin liquidity. The index has gained 4.3 percent since the Nov. 8 U.S. presidential election on expectations that U.S. President-elect Donald Trump's plan to boost fiscal stimulus would benefit the currency. The Federal Reserve's projections on Dec. 14 of three rate hikes for 2017 instead of the two foreseen in September have also contributed.

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Dollar set for yearly gain despite brief euro surge

FTC seeks more info on Bass Pro-Cabela’s deal

(Reuters) – U.S. fishing and hunting equipment retailer Cabela's Inc , which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies about the deal. Cabela's shares were down 7.6 percent at $56.98 in premarket trading on Friday. Cabela's did not provide details about the FTC's request.

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FTC seeks more info on Bass Pro-Cabela’s deal