Satellite broadcaster British Sky Broadcasting Group PLC said Tuesday it plans to raise $600 million in a bond issue to refinance existing debt and acquire new businesses.

The Bowl Championship Series is close to an agreement with ESPN to televise college football's championship game and biggest bowls — a deal that would throw up a huge barrier to any playoff system for at least six years.

The latest James Bond thriller dominated the box office in much of the world during the weekend, boosted by a record opening in North America.

Local television station groups owned by Fox and NBC have formed a news service to share video taken at news events like crime scenes and press conferences.

Fox Television Stations Inc. and NBC Local Media said Thursday they will form a local news service in Philadelphia and plan to roll out the partnership in other markets where both companies own and operate local television stations.

MSNBC was the victim of a hoax when it reported that an adviser to John McCain had identified himself as the source of an embarrassing story about former vice presidential candidate Sarah Palin, the network said Wednesday.

The Wall Street Journal's deputy editor, named to the new position Wednesday, will be the paper's second editor to come from one of parent company News Corp.'s British papers.

"American Idol" has allocated more than $64 million in grants to six U.S. and international charities from contributions to its "Idol Gives Back" fundraising event.

Prosecutors in the trial of a woman accused of a MySpace hoax that allegedly led a teen to kill herself will likely be prohibited from presenting evidence of the suicide, a federal judge said Monday.

Barack Obama, the presidential candidate Keith Olbermann championed this fall, just won a four-year term. So, too, has Olbermann.

By Christine Kearney

By Christine Kearney

By Christine Kearney

Where's the funny in Barack Obama?

Blue chips logged their biggest two-day decline on record as worries about the economy gripped the market the minute the U.S. presidential election was over.  Weak outlooks from Cisco and Toyota, dismal October retail sales and the prospect of a very grim payrolls number tomorrow fueled the selloff today.