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  • Laura Bush, George Bush and Condoleezza Rice

    Former President Bush may be kickin’ up his heels now that he’s back home in Texas – but he won’t be kickin’ back for long.

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    The happiest place on earth is the latest company to try to cut back on overhead costs. Disney's theme park division is offering buyouts to roughly 600 executives at its U.S. parks.

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    More companies announced layoffs as the employment picture continued to dim.

  • The Dow ended below 8,000 for the first time in two months as bank stocks took a beating over profit worries.

  • Sundance Film Festival

    This week the 25th annual Sundance film festival kicks off in Park City, Utah. But thanks to the economic downturn and the fact that last year's pricey Sundance purchases bombed at the box office, this year is going to be looking a bit chilly.

  • Andre Agassi

    Andre Agassi’s credentials are impressive - 8 grand slams, an Olympic gold medal and a permanent place in sports fashion and endorsement. But what you might not know that Andre Agassi will probably go down as an even better philanthropist.

  • Steve Jobs is so much more than Apple's CEO. He's also been Disney's largest shareholder, since he sold his wildly successful Pixar to Disney in 2006. But Jobs' real impact in the entertainment business is his innovation in content distribution

  • An investment strategy in a single word? Edward Lewis of Atlantic Equities thinks the word is "diversity." "I wouldn't be putting (my money) in one sector," Lewis told CNBC. "My concern is that visibility is very tough."

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    CBS is relaunching its online TV site—TV.com—as the most comprehensive online destination for streaming TV content, information about shows, and fan communities.

  • December sales reports from the nation's chain stores could send a chill through an already shaky stock market Thursday.

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    Stocks suffered their worst decline in more than a month on Wednesday after a grim ADP  report coupled with a revenue warning from Intel revived concerns about the economy.

  • Stocks logged their worst loss in about a month Wednesday amid some dismal predictions on the jobs front and as profit warnings started to roll in.

  • Call this one Reality Check Part Two: a weaker than expected ADP report, along with disappointing earnings guidance from Time Warner and Intel, a big restructuring from Alcoa, and an 11 percent pullback in oil which pulled commodities and commodity stocks down all weighed on the markets today.

  • Stocks fell sharply Wednesday amid more dismal news on the employment front as Alcoa announced huge job cuts and Intel slashed its revenue forecast.

  • Stocks fell sharply Wednesday amid more dismal news on the employment front as Alcoa announced huge job cuts and Intel slashed its revenue forecast.

  • Before anyone could soak in the early-year rally, a slew of big companies have issed earnings warnings to temper the enthusiasm.

  • Followed by a year marked by the worst financial crisis since the Great Depression, optimism for a modest recovery seems to have taken root among some investors.    Here are some of the stocks winning since the beginning of the year.

  • Futures dropped about 5 points as the ADP said 693,000 private sector jobs were lost in December, much greater than the expected loss of 515,000. However, there was a change in methodology that was designed to close the gap between the ADP report and the nonfarm payroll report.

  • I've made my predictions for 2009, so It only seems appropriate to look back at the predictions I made a year ago. The world has been transformed by the financial crisis over the past year, so I have to say I'm pleasantly surprised by how much I actually got right, and how much continues to seem to be true.

  • Looking back at 2008 and towards 2009, there's no question that media stocks are facing a perfect storm. It's the nasty coinciding of cyclical and sector challenges — media giants are trying to transition to a new digital future and build new revenue streams, while the economic downturn is sending ad revenue off a cliff. So is there a silver lining to those storm clouds?