Japan's Butter Shortage Whips Its Cake Makers Into A Frenzy
For the Japanese, Christmastime means sponge cake. But a nationwide butter shortage has led to mandatory butter rationing, forcing cake bakers to seek out substitutes.
Business
LAPD Says It Will Investigate Abuse Claim Against Cosby
Judy Huth, the latest accuser of the 77-year-old comedian, says Cosby drugged and raped her in 1974 when she was only 15. Cosby's lawyer has called the claim "absolutely false."
Obama Expected To Impose New Sanctions On Russia
Aides say Obama will sign a bill authorizing new economic sanctions against Russia in retaliation for its ongoing interference in Ukraine. Russia's economy is reeling from earlier western sanctions.
We're Down To 5 Northern White Rhinos: Is It Too Late For Babies?
With the death of a northern white rhino in San Diego's zoo this week, researchers are working to see whether they can save the species. They'd better hurry — only five remain.
Fed: Interest Rates Could Rise As Early As May 2015
After a two-day meeting, Federal Reserve policymakers say they will be "patient" before starting to raise interest rates from historically low levels.
Sony Cancels Theatrical Release Of 'The Interview'
Sony Pictures decided to cancel the release after several big theater chains opted to drop the movie from their line up. The Interview is a comedy centered on a plot to kill the leader of North Korea.
The U.S. Says North Korea Ordered The Sony Hack. How Do We Respond?
The cyberattack successfully achieved its unusually public goals. The question, reporter David Sanger says, is how the United States can punish what already is the world's most-sanctioned nation.
Is 'Womenomics' The Answer To Japan's Economic Woes?
The government has set up a female lumberjacks program, part of a wider effort to fuel growth after long-term stagnation. But critics say it does little to tackle fundamental problems.
Is Courting Controversy An Urban Outfitters Strategy?
Questionable sincerity aside, the recent pileup of apparent missteps by the retailer raises another question: Is the company doing it on purpose?
Big Mayo Vs. Little Mayo: Which Brand Has Egg On Its Face?
Unilever is claiming that the label on Hampton Creek's egg-free spread is misleading and is threatening to its Hellmann's brand. But marketing experts say the strategy may have backfired.