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Groupon Shares Slump Close to $20 IPO Price

Groupon Inc stock slumped 15 percent on Tuesday on concern about increased competition, leaving shares of the largest daily deal company close to their $20 initial public offering price.

Mediator Appointed in Dodgers-Fox Sports Dispute

The Los Angeles Dodgers bankruptcy case judge appointed a mediator to try and sort out the dispute between the baseball team and Fox Sports regarding the sale of the team's television telecast rights.

Lech Walesa's Wife Shakes Poland with Frank Biography

The wife of Nobel prize-winning Polish Solidarity leader Lech Walesa describes the loneliness and domestic grind she faced as her husband rose to power in a frank biography that is causing a stir in the country even before its official release.

Actor Coogan Says UK Tabloids Operate Like Mafia

Celebrities fear a backlash from the British tabloid press if they speak out at an inquiry into media standards, comedian and actor Steve Coogan said on Tuesday, adding that newspapers were like the Mafia in the way they operated.

US Chains Brace for Season of Holiday Discounts

U.S. retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else.

UC Davis Chancellor Sorry for Pepper Spray Incident

A University of California chancellor apologized to jeering students on Monday for police use of pepper spray against campus protesters in a standoff captured by video and widely replayed on television and the Internet.

Kate Bush Record Hailed, but Fears Death of Album

British singer Kate Bush may believe the music industry is collapsing, but her latest album has been hailed by some critics as a classic and she has promised more to come after years away from the studio.

EU Regulator 'Concerned' over Cellphone Patents War

EU regulators investigating Apple Inc (AAPL.O) and Samsung Electronics (005930.KS) over their patents dispute are worried intellectual property rights may be unfairly used by some firms against their rivals, the EU antitrust chief said on Tuesday.

Carolina Herrera to Sell 'Twilight' Wedding Dress

Twilight fans can have their very own fairytale wedding experience next year when Carolina Herrera's CHNY boutiques begin selling gowns in the same design as worn by Bella Swan in Breaking Dawn - Part 1, the apparel maker's spokesman said on Monday.

British Tabloids out of Control, Inquiry Told

British tabloid journalists competing ferociously to secure front-page news believed themselves untouchable in recent years, losing all sense of right and wrong and making some public figures afraid to leave home, an inquiry has heard.

UC Davis Police Chief Put on Leave after Spray Incident

The University of California, Davis has put the campus police chief on administrative leave while it probes officers' use of pepper spray on students passively protesting last week that was captured on video, the university said on Monday.

UK Phone-Hacking Victims Condemn Intrusion

The parents of a murdered British schoolgirl pleaded on Monday for the country's newspapers to curb practices such as phone hacking and covert photography as a public inquiry into media standards turned the spotlight on the celebrity obsessed press.

UC Davis Investigates Pepper Spray Incident

Two University of California, Davis police officers have been placed on leave while the school investigates the apparent use by campus police of pepper spray against seated student protesters, the university said Sunday.

New ;Twilight' Film Takes $283.5 Million Global Bite

The new Twilight vampire movie opened with a massive $283.5 million in worldwide ticket sales over the weekend as passionate fans filled theaters for the beginning of a two-part finale for the hugely popular supernatural love story.

Maroon 5, Taylor Swift Win American Music Awards

Rockers Maroon 5 and country singer Taylor Swift were early winners at the American Music Awards Sunday, after an opening performance by Nicki Minaj wearing a costume that made her a human audio system.

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