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Judge Sides With Google in Viacom Suit Over Videos (Jun-23, 21:40 EDT )-- A $1 billion copyright lawsuit claimed copyright infringement by the video-sharing site YouTube, owned by Google. Viacom said it would appeal.
Private Equity Firms Have Billions and Nowhere to Spend It (Jun-23, 21:19 EDT )-- Only on Wall Street could you have too much money. Private equity firms sit atop an estimated $500 billion and are desperate to find deals worth doing.
Rotten Apple, or Just Sour Grapes? (Jun-23, 21:06 EDT )-- Once dismissed by larger companies, Apple is now viewed by some as an anticompetitive industry bully.
New-Home Sales Fell to New Low in May (Jun-23, 20:50 EDT )-- Sales of new single-family homes tumbled more than expected as the effects of a tax credit faded.
Fostering Entrepreneurs, and Trying to Revive Detroit (Jun-23, 20:42 EDT )-- Bizdom U is an intense boot camp for aspiring entrepreneurs who aim to start high-growth businesses in Detroit.
Misgivings Grow Over Corporate Role in Keeping Doctors Current (Jun-23, 20:37 EDT )-- There are increasing misgivings over the financing for continuing medical education because of the potential to promote products over patient interests.
Eliot Spitzer to Host Show on CNN With Columnist (Jun-23, 20:31 EDT )-- The disgraced former governor of New York will host a talk show with the columnist Kathleen Parker. Their opinion show replaces Campbell Brown’s news program.
NPR Music Keeps Growing With iPhone App (Jun-23, 20:27 EDT )-- An eclectic Web site from NPR is proving a boon to listeners and performers alike, and now has an iPhone app.
Sales Increase Lifts Profit at Bed Bath & Beyond (Jun-23, 20:20 EDT )-- The retailers reported earnings of $137.6 million, or 52 cents a share, for the first quarter, but said second-quarter earnings would be weaker.
Darden Restaurants Posts Lower Profit, Missing Estimates (Jun-23, 20:02 EDT )-- Darden said it expected its earnings to grow by 14 percent to 17 percent in the fiscal year ended May 2011.
Almunia, Europe’s Antitrust Chief, Shows Leniency on Fines (Jun-23, 19:54 EDT )-- Mr. Almunia lowered price-fixing fines on five makers of bathroom fixtures who had said the penalties might push them into bankruptcy.
Feinberg to Step Down as Treasury's Pay Czar (Jun-23, 19:22 EDT )-- Kenneth R. Feinberg plans to step down as the Treasury's special master for executive compensation to concentrate on running BP's $20 billion fund to pay damage claims from the Gulf of Mexico oil spill.
BASF to Buy Cognis for $3.8 Billion (Jun-23, 19:19 EDT )-- BASF is expanding its portfolio with the addition of a cosmetic additives maker that specializes in cleaning products and chemicals derived from palm, coconut and corn.
Judge Sides With YouTube In Copyright Suit (Jun-23, 17:06 EDT )-- A federal judge has ruled in favor of YouTube in a lawsuit brought by Viacom, which owns Paramount Pictures, Comedy Central and many other entertainment brands. Viacom claimed that YouTube was profiting from work it had copyrighted. Robert Siegel talks...
Fed Strikes More Cautious Tone On U.S. Recovery (Jun-23, 16:21 EDT )-- The Federal Reserve struck a more cautious tone about the strength of the U.S. economic recovery, indicating Europe's debt crisis poses a risk to it. Wrapping up a two-day meeting, the central bank retained its pledge to hold rates at record-low levels...
Prisoners Take Advantage Of Homebuyer Tax Credit (Jun-23, 12:27 EDT )-- A new report from the Treasury inspector general reveals an estimated 1,300 inmates collected the first-time-homebuyers credit from behind bars. The report also found 67 people claimed the credit on the same address.
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