Magic Johnson will team up with Comcast to launch a new cable channel. It will feature positive stories from the African-American community. Sean Combs -- aka P. Diddy -- is also expected to formally announce a new music channel on Comcast.
A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.