Cree buys lighting systems company, stock drops
LED maker Cree Inc (CREE.O) on Wednesday said it would pay $525 million for Ruud Lighting Inc, expanding its presence in the market for outdoor lighting systems.
'Real Housewives' Star Russell Armstrong's Autopsy Results: Suicide by Hanging
"Real Housewives of Beverly Hills" husband Russell Armstrong committed suicide by hanging himself, an autopsy confirmed Wednesday.
Gundlach testimony done after days on witness stand
Star bond fund manager Jeffrey Gundlach departed the witness stand on Wednesday after four days of testimony in the high stakes trial with his former employer, Trust Company of the West.
Starbucks CEO "stunned" by aftermath of his call to boycott
Starbucks CEO Howard Schultz said he has been "stunned" by the response to his call for a boycott on political donations in response to Washington's poor handling of the debt-ceiling issue.
Accused insider trader hits back at SEC over Marvel stock
A California man accused last week of insider trading on Disney's $4 billion purchase of Marvel is hitting back at the Securities and Exchange Commission.
Andy Dick calls Howard Stern a "money-grubbing Jew"
Andy Dick, no stranger to stirring controversy and alienating large groups of people, called shock jock Howard Stern a "shallow, money-grubbing Jew," Tuesday.
Coroner confirms "Real Housewives" husband suicide
The husband of Beverly Hills "Real Housewives" television star Taylor Armstrong committed suicide by hanging, coroner officials said on Wednesday.
Dodgers did not pay owner McCourt in last 2 years
The bankrupt Los Angeles Dodgers baseball team has not paid or lent money to team owner Frank McCourt over the last two years, the team's chief financial officer told creditors on Wednesday.
Gundlach counters testimony of co-defendant in trial
Star bond fund manager Jeffrey Gundlach denied in court testimony that he requested his co-workers gather anything "we might need" from his former employer, Trust Company of the West.
Galaxy offload forward Angel to make way for Keane
Colombian striker Juan Pablo Angel has been traded by LA Galaxy to Chivas USA in exchange for a third round selection in the 2012 supplemental draft, the Major League Soccer (MLS) club said on Wednesday.
Mike Myers rep says still no 'Austin Powers' deal
There's still no deal for a fourth "Austin Powers" movie, although actor-writer-producer Mike Myers and New Line Cinema are "in talks," Myers' publicist has re-confirmed to TheWrap.
Lawrence O'Donnell taking time off following mother's death
MSNBC host Lawrence O'Donnell is taking time off from his show, "The Last Word With Lawrence O'Donnell," following the death of his mother, Frances O'Donnell, on Sunday, the network confirmed to TheWrap. Fellow MSNBC host Chris Hayes will fill in for O'Donnell.
Mass Hysteria hooks up with "Sleeping Together"
Former "National Lampoon" chairman Daniel Grodnik's production company Mass Hysteria is getting into bed with Phil Traill for "Sleeping Together."
Police seek to question Kobe Bryant in altercation
Police said on Tuesday they were seeking to interview Los Angeles Lakers star Kobe Bryant over allegations he grabbed the wrist of a man possibly trying to take his picture at a San Diego church.
"Housewives" death joins list of reality TV scandals
The apparent suicide of the estranged husband of "Real Housewives of Beverly Hills" cast member Taylor Armstrong this week was the latest in a series of scandals surrounding popular TV reality shows.
Google-Motorola deal points to future going mobile
Google's monster purchase of Motorola Mobility has made it clear: The digital future is all about portability.
After 29 years Sly Stone is back, at least in name
Contrary to expectations, Sly Stone actually manages to show up for his first album in 29 years, "I'm Back! Family & Friends."
Kiss dropped from Michael Jackson tribute show
The rock band Kiss was removed from the line-up for a Michael Jackson tribute concert in Britain, after it was revealed frontman Gene Simmons has called Jackson a child molester, organizers said on Tuesday.
Dr. Phil lands interview with Casey Anthony parents
The parents of Casey Anthony, who was acquitted in July of charges that she killed her young daughter, will sit with Dr. Phil for their first interview since the trial, the program announced on Tuesday.
First Solar executive Meyerhoff leaving company
First Solar Inc (FSLR.O) on Tuesday said the head of its utility systems business, Jens Meyerhoff, is leaving the company, effective Sept. 30.
Brad Pitt is ready to go "Gray" for New Regency
Brad Pitt is negotiating to become "The Gray Man" for New Regency, TheWrap has confirmed.
Behind Google's $12.5 billion Motorola gamble: patents
Google's $12.5 billion purchase of Motorola Mobility Holdings, widely considered a mobile phone also-run, took the technology world by surprise on Monday.
Netflix unveils child-friendly streaming section
Netflix has launched a "Just for Kids" streaming option in hopes of making its site a more child-friendly environment, the company said on Tuesday.
Bradley Cooper out of Relativity's "The Crow"
Bradley Cooper has pulled out of Relativity Media's remake of "The Crow," TheWrap has confirmed.
Jim Belushi plots return to TV with "Murphy Brown" creator
After dabbling in semi-serious material with the short-lived CBS dramedy "The Defenders," Jim Belushi is ready to work with a laugh track again.
Ramsey pushes Fox to nightly ratings win
On a repeat-heavy night, fewer viewers opted to hang out in ABC's "Bachelor Pad," while hot-headed chef Gordon Ramsay handed Fox a win for the night on Monday, according to preliminary numbers.
From sweaty wrestlers to a smokin' Leo, a week of shindigs
After a week in which both Jennifer Love Hewitt and Stacey Keibler were linked to new men (the Bachelorette's runner-up, Ben, and George Clooney, respectively), both women popped up on the scene solo.
KCET strikes $50 million deal
KCET, the former PBS station serving Southern and Central California, has entered a partnership with Eyetronics Media and Studios to produce and acquire new series, the companies announced Tuesday. Under the agreement, Eyetronics will provide up to $50 million in funding for the new programs, which will start production in the fall.
London deemed top fashion capital-survey
London has overtaken New York as the world's fashion capital for 2011, fueled by media interest in late British designer Alexander McQueen and Kate Middleton, according to a survey by the Global Language Monitor.
HIV in America: Studies zero in on trouble spots
U.S. health experts are turning to sophisticated computer mapping technology and electronic medical records to identify pockets of Americans most at risk of HIV infection.