CBS to purchase Cnet for $1.8 billion
CBS Corp. said Thursday that it agreed to buy Cnet Networks Inc., an Internet news and entertainment company, for about $1.8 billion in cash. The $11.50 per-share price is a...
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Daughter latest to feel wrath of Viacom chairman
Shari Redstone first got the impression that there might be a move afoot to force her out of her family's media empire last summer when she failed to receive notices...
Tribune declines L.A. Times offers
Three billionaires hoping to buy the Los Angeles Times expressed their interest in separate letters this month to the paper's owner, Tribune Co. But each was told the newspaper was...
Tribune declines L.A. Times offers
Three billionaires hoping to buy the Los Angeles Times expressed their interest in separate letters this month to the paper's owner, Tribune Co. But each was told the newspaper was...
Buffett: Easier to make fortune than give it away
When the world's second-richest man signed the bulk of his fortune over to the world's richest man's foundation on Monday, Bill Gates (No. 1) quipped to Warren E. Buffett (No....
U.S. says ammo cache blown up in Fallujah
As residents of Samarra ventured outside for the first time in three days on Sunday, U.S. forces launched predawn air strikes on Fallujah, another so-called Sunni Triangle city that has...
Diverse group of jurors deciding Stewart’s fate
NEW YORK — After 27 witnesses and 19 days of testimony and arguments, the jury is officially out on Martha Stewart. The panel — as diverse as New York —...
Witness says he tipped Stewart
NEW YORK — A 28-year-old former stockbroker's assistant took the witness stand Tuesday in the Martha Stewart trial and, in an hour of testimony that riveted the courtroom, said he...
Case poses challenges for all parties
NEW YORK — For sheer spectacle, the Michael Jackson legal drama playing out in Santa Barbara County has a rival: the trial of home-and-hearth tycoon Martha Stewart. The fraud and...
Some wonder why Buffett stepped into California mess
In signing up Wednesday as gubernatorial candidate Arnold Schwarzenegger's chief economics adviser, Warren Buffett prompted the proverbial Hollywood question: What's his motivation? Buffett himself isn't talking, but there's no shortage...