Newsweek, Daily Beast lose top investor

by -NO AUTHOR- -- (REUTERS) — The family of late billionaire stereo magnate Sidney Harman has stopped investing in the Newsweek Daily Beast Co joint venture that it co-owns with Barry Diller's more…

Roubini: Economy going from bad to worse

by -NO AUTHOR- -- (CNBC) — A robust and self-sustaining U.S. recovery is not on the cards, and we should now expect below trend growth for many years to come, according to more…

Earnings: Recession may be 'fast approaching'

by -NO AUTHOR- -- (CNBC) — While this quarter's earnings reports have crossed a substantially lowered profit bar, future expectations through the year indicate a recession could be on the way. Estimates more…

Murdoch resigns from boards

by -NO AUTHOR- -- (Bloomberg) News Corp. (NWSA) Chairman and Chief Executive Officer Rupert Murdoch, preparing to split his media empire into entertainment and publishing businesses, resigned as a director from a more…

'Occupy Batman' storms Gotham City

by Drew Zahn -- If we were to judge only by the script, wading through the thick socialist mantras espoused by various characters in "The Dark Knight Rises," we might conclude the more…

Boston mayor to Chick-fil-A: Stuff it!

by -NO AUTHOR- -- (Boston Herald) Mayor Thomas M. Menino is vowing to block Chick-fil-A from bringing its Southern-fried fast-food empire to Boston — possibly to a popular tourist spot just steps more…

Neighbors try to evict 'smoking' transsexual

by -NO AUTHOR- -- (New York Post) Hit the bricks, smokestack! A chi-chi Upper West Side building wants to boot the trust-fund transsexual who's been stinking up the joint with her chain more…

Court tells theme park to study Segway use

by -NO AUTHOR- -- (Associated Press) A California appeals court told Disneyland it must consider allowing use of two-wheel Segways by disabled people. Disneyland currently allows disabled visitors to use wheelchairs and more…