Archive for March, 2008

The Federal Reserve would have the power to regulate virtually the entire banking and securities industry under proposals to be unveiled Monday by Treasury Secretary Henry Paulson, according to a summary of the proposals provided to CNN late Friday.

A Delaware judge on Friday sided with media mogul Barry Diller in his dispute with John Malone, effectively paving the way for the breakup of Internet media giant IAC/InterActiveCorp.

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Stocks slid Friday, falling for the third straight session, as investors abandoned an early rally attempt as J.C. Penney's profit warning and churning in the financial sector kept economic fears in focus.

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Apple is gearing up for a big bump in sales of the next generation iPhone, if new production plans are any guide.