The sentence of John Rigas, 83, was reduced to 12 years from 15 years, and the sentence of Timothy Rigas, 52, was reduced to 17 years from 20 years, prosecutors said.

Skyrocketing energy prices are inflating the costs of living on the distant edges of metropolitan areas.

The company’s net income rose to $2.04 billion, beating expectations, as strong software sales eased investor concerns about softening demand.

BlackBerry maker Research In Motion reported a higher first-quarter profit, but its shares dropped sharply in after-hours trading as the results and outlook fell short of analyst expectations.

Regulators are cracking down on companies that sell genetic tests directly to consumers, threatening to crimp the growth of one of the hottest sectors of the biotechnology industry.

An anomaly in the stagnant $29.1 billion candy industry, the Jelly Belly Candy Company continues to grow and increase market share.

Pascal Lamy, the director general of the World Trade Organization, has called a meeting of ministers next month aimed at reaching a breakthrough deal on liberalizing global trade.

The deal comes months after Visa paid more than $2.1 billion to American Express over similar antitrust claims.

The decision to halt a stream of rate cuts signaled concern that rising oil prices will push up the prices of goods and services.

The Supreme Court on Wednesday cut the $2.5 billion punitive damages award in the 1989 oil spill to $500 million.