Companies

Sony Says It ‘Had No Choice’ but to Cancel ‘The Interview’

A banner for "The Interview" hangs at Arclight Cinemas, in the Hollywood section of Los Angeles Dec. 17, 2014. When a group claiming credit for hacking of Sony Pictures Entertainment threatened violence against theaters showing the film earlier this week, the fate of the movie was all but sealed. (AP Photo/Damian Dovarganes, File)
A banner for "The Interview" hangs at Arclight Cinemas, in the Hollywood section of Los Angeles Dec. 17, 2014. When a group claiming credit for hacking of Sony Pictures Entertainment threatened violence against theaters showing the film earlier this week, the fate of the movie was all but sealed. (AP Photo/Damian Dovarganes, File)

NEW YORK—Following pointed criticism from President Barack Obama for shelving “The Interview,” Sony Pictures Entertainment on Friday defended its decision, claiming it had no choice...

Companies

Amazon, Macmillan Publishing Reach Multiyear Deal

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  • In this undated photo provided by Columbia Pictures - Sony, Actor Randall Park, center, portrays North Korean leader Kim Jong Un in Columbia Pictures' "The Interview." If the U.S. government’s claim that North Korea was involved in the unprecedented hack attack on Sony Pictures that scuttled Seth Rogen’s latest comedy is correct, no one can say they weren’t warned. The movie, “The Interview,” pushed all of North Korea’s buttons. (AP Photo/Columbia Pictures - Sony, Ed Araquel)

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  • A poster for the movie "The Interview" is taken down by a worker after being pulled from a display case at a Carmike Cinemas movie theater in Atlanta on Dec. 17. (AP Photo/David Goldman)

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  • Cars enter Sony Pictures Entertainment headquarters in Culver City, Calif., on Dec. 2, 2014. Hackers calling themselves Guardians of Peace on Tuesday, Dec. 16, 2014 released another round of data leaks, including ominous threats against the premiere of Sony Pictures' film "The Interview," in which the group references the terrorist attacks of Sept. 11, 2001. (AP Photo/Nick Ut)

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  • Sony Pictures Entertainment headquarters in Culver City, Calif., on Dec. 2, 2014. Two former employees of Sony Pictures Entertainment on Tuesday, Dec. 16, 2014 filed suit against the company for not preventing hackers from stealing nearly 50,000 social security numbers, salary details and other personal information from current and former workers. (AP Photo/Nick Ut)

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  • A man wears an Apple iPod Shuffle at an Apple store in Palo Alto, Calif., on Nov. 3, 2006. After just a few hours of deliberation, a jury in California on Tuesday, Dec. 16, 2014, found in favor of Apple in a billion-dollar class-action lawsuit over the price of its iPod music players. (AP Photo/Paul Sakuma)

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  • Hiroshi Shimizu, senior vice president of global quality assurance at Takata, center, joined by Rick Schostek, executive vice president of Honda North America, right, testifies on Capitol Hill in Washington, Wednesday, Dec. 3, 2014, before the House Commerce, Manufacturing, and Trade Committee hearing to examine ruptures and recalls of defective air bags made by Takata and installed on cars driven in the U.S., including popular models of Hondas. (AP Photo/J. Scott Applewhite)

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  • San Francisco District Attorney George Gascon, at podium, answers questions while standing with members of his staff and the Los Angeles District Attorney's office during a news conference about the ridesharing companies Uber and Lyft Tuesday, Dec. 9, 2014, in San Francisco. California prosecutors have filed a lawsuit against Uber over the ridesharing company's background checks and other allegations, adding to the popular startup's worldwide legal woes. Meanwhile, Gascon said Tuesday that Uber competitor Lyft has agreed to pay $500,000 and change some of its business practices to settle its own lawsuit. (AP Photo/Eric Risberg)

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  • FILE - In this Tuesday, Jan. 13, 2009, file photo, Michael Jeffries, chairman and CEO of Abercrombie & Fitch, speaks at the annual National Retail Federation conference in New York. Jeffries is retiring, effective immediately, the company announced Tuesday, Dec. 9, 2014. Jeffries is also retiring from the retailer’s board of directors. Current Non-Executive Chairman Arthur Martinez will become Executive Chairman, and the company has started its search for a new CEO. (AP Photo/Mark Lennihan, File)

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  • This 2014 photo released by United Technologies of shows the company's Chief Financial Officer Greg Hayes, named to succeed CEO Louis Chenevert whose abrupt retirement was announced Monday, Nov. 24, 2014. Hayes has been with United Technologies, headquartered in Hartford, Conn., for 25 years. (AP Photo/United Technologies)

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  • In this April 2, 2014, file photo, a man talks on a mobile phone next to a downtown McDonald's in Hong Kong. McDonald’s says a key global sales figure fell 2.2 percent in November 2014 as U.S. sales continue to soften and it contends with ongoing difficulties from a food-safety scandal in China. (AP Photo/Vincent Yu, File)

    McDonald’s Sales Down in November

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