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H&R Block cuts 250 jobs, citing disappointing tax season

(KANSAS CITY, Mo., AP) — H&R Block says it’s laying off 250 workers, citing a disappointing tax season. The Kansas City Star (http://bit.ly/1Qz7yQQ ) reports the downsizing announced Tuesday by the…

FBI head suggests agency paid more than $1M to access iPhone

(WASHINGTON, AP) — FBI Director James Comey has hinted that the FBI paid more than $1 million to break into the locked iPhone used by one of the San Bernardino attackers. At…

Dutch court quashes $50 billion Yukos shareholders’ award

By MIKE CORDER Associated Press (THE HAGUE, Netherlands, AP) — A Dutch court on Wednesday quashed a $50 billion award Russia had been ordered to pay the former majority shareholders of Yukos,…

Dutch police crack encrypted communications network

(THE HAGUE, Netherlands, AP) — Dutch police and prosecutors say they have taken down an encrypted communications network believed to have been used by criminals in the Netherlands and possibly overseas. Prosecutors…

US stocks slip as oil prices skid ahead of OPEC meeting

By MARLEY JAY Associated Press (NEW YORK, AP) — U.S. stocks are taking small losses Friday morning as energy companies are slipping with the price of oil. Citigroup became the latest bank…

Obama backs effort to give consumers options on cable boxes

By KEVIN FREKING Asssociated Press (WASHINGTON, AP) — President Barack Obama threw his weight Friday behind an effort to give consumers more choice when it comes to the cable boxes that control…

EU approves anti-terror plan to collect air passenger info

By LORNE COOK Associated Press (BRUSSELS, AP) — European Union lawmakers approved Thursday a scheme to share airline passenger information that nations hope to use to track foreign fighters travelling to and…

Regulators: 5 big banks get failing grades for crisis plans

By MARCY GORDON Associated Press (WASHINGTON, AP) — Federal regulators say five of the biggest banks in the U.S. failed to develop adequate plans for how they might reshape themselves in case…

Canadian Pacific ends bid to buy Norfolk Southern

By JOSH FUNK Associated Press (OMAHA, Neb., AP) — Canadian Pacific said Monday that it is ending its nearly $30 billion takeover bid for Norfolk Southern, less than six months after it…

Researchers: Newer type of ransomware is harbinger of danger

By TAMI ABDOLLAH Associated Press (WASHINGTON, AP) — An unusual strain of virus-like hacker software that exploits computer server vulnerabilities — without requiring human interaction — is a leading example of a…