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Posted: February 24th, 2008, 11:38pm EST
Cited for its reporting on the firing of eight U.S. attorneys, the political blog Talking Points Memo became the first Internet-only news operation to win the George Polk Award.
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Posted: February 24th, 2008, 11:08pm EST
Virgin Atlantic Airways tested a jumbo jet on Sunday that was partly powered by a biofuel made from babassu nuts and coconut oil, a first for a commercial aircraft.
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Posted: February 24th, 2008, 11:00pm EST
Wachovia, one of the three banks financing the $1.2 billion deal, is now refusing to commit, contending the latest agreement has voided its previous commitment.
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Posted: February 24th, 2008, 10:57pm EST
In a first for the blogosphere, reporters at The Honolulu Advertiser held a three-day blog strike to show opposition to proposed changes to their contract.
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Posted: February 24th, 2008, 10:56pm EST
The gulf between casual and heavy consumers of online video is startlingly wide.
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Posted: February 24th, 2008, 10:54pm EST
Countrywide Financial, the besieged mortgage lender, has canceled a gathering of bankers from smaller mortgage banks at the Ritz-Carlton Bachelor Gulch ski resort.
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Posted: February 24th, 2008, 10:54pm EST
HSH Nordbank, a state-controlled German bank, said it planned to sue the Swiss bank, claiming it improperly managed a portfolio of complex debt products.
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Posted: February 24th, 2008, 10:49pm EST
The Treasury’s schedule of financing this week includes the weekly auction of new three- and six-month bills and an auction of four-week bills.
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Posted: February 24th, 2008, 10:48pm EST
A bid by Electronic Arts for Take-Two Interactive would further a wave of consolidation in the gaming industry.