Netflix's video subscription service has trumped pay-TV channels and grabbed the rights to show Disney movies shortly after they finish their runs in theaters. The agreement represents a breakthrough for Netflix as it tries to add more recent movies to its Internet streaming service.
The nonpartisan group Fix The Debt, has developed a comprehensive proposal to address the so-called fiscal cliff. The ideas, which emerged from the Simpson-Bowles commission, include higher taxes on the wealthy, tax reform and changes to social security and Medicare.
There may be a new credit bubble swelling, four years after the big one burst. Bloomberg Businessweek contributor Roben Farzad says the lack of reasonably priced credit for small businesses could set up another financial disaster. He speaks with host Michel Martin.
Online college courses are attracting hundreds of thousands of students, and that's forcing colleges and policymakers to rethink higher education. The online courses may pose a serious challenge to the way institutions deliver a college education.
Rupert Murdoch's News Corp. is still reeling from the phone-hacking scandal that forced the closure of one of the company's U.K. tabloids and has mired it in government and police investigations. One side will include the newspapers and publishing house while the other will contain its profitable television properties and movie studios.
Internet radio service Pandora is being closely watched by investors. The company is set to announce its latest quarterly earnings Tuesday. Last week, the head of Pandora was in Washington to push for lower music royalties.
The Securities and Exchange Commission is going after the Chinese affiliates of five major accounting firms. The firms are responsible for auditing the books of other Chinese companies whose securities are publicly traded in the U.S. The SEC says the auditing firms have refused to cooperate with its investigation of accounting fraud.
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