On Back of Poor Quarter, Time Warner Will Likely Spin Off AOL
After a 14 percent decline in profits, the media giant finally considers this long-anticipated move.
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After a 14 percent decline in profits, the media giant finally considers this long-anticipated move.
Didn't know what that was? No worries, you have plenty of time to learn about it.
The Citigroup CEO struggles with a hedge fund that lost hundreds of millions of dollars, the White House claims NBC's Knesset footage was edited to make Bush look like a jerk, and noogies are legally defined, all in our daily rundown of industry news.
Also in our daily industry roundup: No recession! High-end boutiques on the LES! And law professors suing students!
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