Latest headlines from CNET News
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Former WorldCom CEO seeks clemency
December 4, 2008 9:38 AM PST
Bernie Ebbers, the former CEO of WorldCom who is serving a 25-year prison term for masterminding an $11 billion accounting scandal, wants President Bush to lighten his sentence.
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Report: IAC may sell smaller businesses
December 4, 2008 8:59 AM PST
According to PaidContent, some of the Barry Diller-led conglomerate's "programming" sites may be sold off, as it tries to weather the recession.
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Nokia further reduces forecast
December 4, 2008 8:41 AM PST
For the second time in a month, Nokia revises its forecast and tells investors that a slumping economy will hurt sales in the fourth quarter.