Posted In: Wall Street
The Feds have found one more charge to levy against former Enron President Jeffrey Skilling -- deception over a stock sale. Prosecutors want to use Skilling's earlier testimony about his sale of company stock at his upcoming conspiracy trial. His attorneys want to keep it out. Janet Babin reports.
Costly computer security breeches in 2005 have companies thinking about instituting an IT "Lockdown" this year. Janet Babin reports.
More film stars are now available with a click of your computer keys. Cable network Starz Entertainment Group launches its movie download service today. Vongo, as it's called, will compete with the Apple iTunes video service. From the Innovations Desk at WUNC, Janet Babin reports.
DC-based bankrupt airline Independence Air has told its employees it will shut down January 7th if its parent company can't find a buyer or major investors. That means small cities up and down the East Coast may see higher fares. Janet Babin reports.
The regional airline operator is losing a quarter of the planes it operates for Continental as the legacy carrier tries to boost profits. Janet Babin reports.
Back in the late 90's venture capitalists were tossing money at dot-com start-ups like it was confetti. Well, they're not doing it anymore, but that doesn't mean you can't get financed. It's just that the kind of companies have changed a bit. From the Innovations Desk at WUNC, Janet Babin looks at one firm with some good DNA.
Posted In: Economy
New York's Attorney General is known for his aggressive investigations -- now Eliot Spitzer is investigating whether top music studios colluded to set the prices they charge to download songs. Warner Music Group said it received a subpoena last Tuesday, and the <i>Wall Street Journal</i> reports today that Sony BMG and Vivendi Universal have also been served. Janet Babin has the story.
The personal accounting giant agrees to pay $62.5 million to settle charges that it duped people into paying exorbitant lending fees for advances on tax returns. Janet Babin reports.