Oprah Winfrey Network Draws More Than 1 Million Viewers

Oprah Winfrey’s cable TV network drew more than 1 million viewers on its debut over the weekend.

The new channel, Oprah Winfrey Network (OWN), launched at noon on New Year’s Day, The Wall Street Journal said. It replaced Discovery Health in about 80 …

BP Shares Jump on Reports That Shell Considered Merger Bid

Shares of BP (BP) jumped to the highest level in six months on media reports that Royal Dutch Shell (RDS.A) considered bidding for the British company during the Gulf Oil disaster.

BP shares climbed 5% to 488.85 pence at 10:00 GMT, Reuters reported. …

Obama Considering Naming William Daley to Top White House Job

President Barack Obama is considering naming former Commerce Secretary William Daley to a top White House post, perhaps chief of staff, The Associated Press reported.

Daley, 62, is a JPMorgan Chase (JPM) executive and brother of Chicago Mayor Richard…

MySpace May Face Huge Layoffs

MySpace, the floundering social network site, may be on the verge of massive layoffs.
Continue reading MySpace May Face Huge Layoffs

MySpace May Face Huge Layoffs originally appeared on DailyFina…