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In the Age of TiVo and Web Video, What Is Prime Time?
?The Office? is a hit with those most likely to delay watching. This week, the television upfronts ? in which the broadcast networks present their schedules to advertisers ? will open with a mystery. Who stole six million viewers? That?s the
AP: Cablevision close to getting Newsday
Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. The deal, which could be announced as soon as Monday, would net Cablevision, a cable
Craig (of the List) Looks Beyond the Web
Imagine what it might have been like to be Dr. Kleenex. You invent a modern miracle, the cheap paper handkerchief, and suddenly you become the person blamed for Americas disposable culture, praised for a more convenient life, or both. There never was a
Companies desert Royal Mail
Business customers are deserting Royal Mail and most firms do not find the postal group an efficient organisation to work with, a study by the British Chambers of Commerce (BCC) for The Times has revealed. The BCC sought the views of nearly 1,000
Conran to sell restaurant stake
Sir Terence Conran's restaurant group, which includes Le Pont de La Tour and Coq D'Argent, could be merged with another high-end restaurant chain, such as Nobu, after the entrepreneurdecided to sell his controlling stake.D&D London, the group formerly
Craigslist battles to maintain independence
Jim Buckmaster has a cheerful disregard for the conventional yardsticks of business success.'I don't have a yacht or a Gulfstream,' the chief executive of online classified advertising company Craigslist says. 'I rent a house. I don't own a car, I have a
Retailers likely to post grim 1st-quarter results
After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week. Faced with one of the worst consumer
Chinese plane business gets wings
The number of Chinese people flying is growing quicklyChina has launched a new commercial plane maker which it hopes will one day compete with the likes of Boeing and Airbus, state media have reported. China Commercial Aircraft will aim to develop
News Corporation Withdraws Its Bid for Newsday
Cablevision on Saturday appeared likely to prevail in the bidding for Newsday, people briefed on the matter said, after the News Corporation, controlled by Rupert Murdoch, pulled out of the running. People involved in the negotiations, who asked not to
Murdoch Ends Bid to Buy Newsday
Extract not available.
News Corp. Withdraws Its Bid for Newsday
NEW YORK (Reuters) - Rupert Murdoch's News Corp (NYSE:NWS) is withdrawing its $580 million bid for Tribune Co's Newsday newspaper, a spokesman for the company said Saturday, leaving cable television operator Cablevision (NYSE:CVC) as the likely winner of
As Stimulus Rebates Go Out, Stores Want the Whole Check
As the government sends out roughly $100 billion in economic stimulus checks to about 130 million American homes, retailers are trying to persuade consumers to spend their windfall at a time of high anxiety about the economy. Don Ryan/Associated Press A
As Stimulus Rebates Go Out, Stores Want All of It
As the government sends out roughly $100 billion in economic stimulus checks to about 130 million American homes, retailers are trying to persuade consumers to spend their windfall at a time of high anxiety about the economy. Their new marketing pitch?
Gas Prices Send Surge of Riders to Mass Transit
DENVER - With the price of gas approaching $4 a gallon, more commuters are abandoning their cars and taking the train or bus instead. Mass transit systems around the country are seeing standing-room-only crowds on bus lines where seats were once easy to
Citigroup Plans To Shed $400B in Assets
NEW YORK, May 9 -- Citigroup said Friday it would shed about $400 billion in real estate, loans and other assets over the next few years as it tries to return to profitability after massive losses in the mortgage and credit markets. The banking giant,
Mortgage Holders Find It Hard to Walk Away From Their Homes
The blogosphere is full of tales of homeowners who supposedly are choosing to mail the house keys to their lenders rather than keep their depreciating homes, but this remains a rare occurence.
Housing Bailout Bill Seems to Be on Shaky Ground
Despite pledges by the White House and Democrats to work together, the bill to rescue homeowners and their lenders produced partisan recriminations the day after it passed the House.
Regulators close US regional bank
ANB Financial, a $2.1bn bank in Arkansas, was on Friday closed down by US regulators, and became largest bank failure of the year and the third largest failure since the savings and loan crisis of the 1980s and 1990s. The development comes amid warnings
Alarm at Google Yahoo partnering
Maggie ShielsBBC technology reporter, Silicon ValleyNo firm deal with Google has actually been announcedRegulators in the US are being urged to investigate any potential online advertising and search partnership between Google and Yahoo. The call by a
FedEx cuts profit forecast, blames fuel costs
FedEx Corp. cut its fourth-quarter earnings expectations Friday, blaming continuing increases in fuel costs. The Memphis-based shipping company said it expects profits of $1.45 to $1.50 per share for the three months ended May 31, down from its previous
Aga loses shares-for-cash motion
Pension Insurance Corporation, set up to buy companies with attractive occupational schemes, has stamped its authority on Aga by voting down a motion that would have allowed the company to issue shares for cash.The defeat, coupled with news of weak sales
Battery Ventures Buys 3M Unit
Battery Ventures has struck a deal to buy Highjump Software, a developer of supply-chain software, from 3M, the companies said Friday. Terms of the deal for the $85 million company were not disclosed. Battery, a Boston-based venture capital and private
Spam Is Migrating to the Cellphone
If you thought spam on your computer was a bother, brace yourself for round two: spammers want to find you on your cellphone. Cellphones have become consumers most personal technological devices. That is why some industry executives, along with consumer
Ford surprised by Kerkorian investment
Buying up small blocks of stock, billionaire investor Kirk Kerkorian quietly accumulated millions of shares of Ford Motor Co. in a series of purchases in April that left the automaker 'completely unaware' of his involvement until later in the month.
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Tesla's electric dream faces short circuit
Tesla Motors recently launched its long-awaited electric roadster, offering drivers a tantalising combination of planet-loving fuel parsimony and supercar-style power.The car accelerates from 0 to 60 miles per hour in 3.9 seconds, but gets the equivalent
The Case For $80 A Barrel Oil
Oil prices may hang above $100 a barrel for the rest of this year but will fall as low as $80 next year as world demand slackens and Saudi Arabia tries to buy influence with the incoming president by pumping more crude oil, an influential Lehman Brothers
Rockefellers get support in Exxon fight
The Rockefeller family and shareholders pushing Exxon Mobil to focus more on renewable energy now have the backing of a powerful advisory group for institutional investors. The RiskMetrics Group also came out in support of another proxy supported by the
Gas jumps above $3.67, oil passes $126
bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump,
Microsoft to appeal against ,899m EC fine
Microsoft said on Friday it would appeal against the record-breaking ,899m ($1.4bn) fine imposed by Brussels two months ago because of the software group's failure to comply with demands that it end anticompetitive business practices.In a statement, the
