Industries

AP Explains: What is ransomware?

Computers around the world were locked up and users' files held for ransom in a cyberattack Tuesday that paralyzed some hospitals, government offices and major multinational corporations.

Business Highlights

___ 'Like bombs': Bankrupt company's air bags still out there Takata Corp. has filed for bankruptcy, brought down by a scandal involving defective air bags blamed for at least 16 deaths.

Universal presses bid to void music deal with Prince estate

Lawyers for Universal Music Group have renewed their request that a Minnesota judge cancel the company's music rights deal with Prince's estate, saying UMG will otherwise have to sue in litigation that could keep fans from hearing new music from Prince's vault for years.

Vermont utility regulators give final nod to FairPoint deal

Customers of the telephone and broadband services provider FairPoint Communications in northern New England won't notice much difference after it merges with an Illinois-based telecommunications provider, officials with the company merging with FairPoint said.