Rent your own home program is good for homeowners... and the housing market.Giving troubled borrowers yet another way to avoid foreclosure, Fannie Mae said on Thursday it would allow eligible homeowners to rent their own homes.The Deed for Lease program

Unanimous vote also extends unemployment benefits.WASHINGTON () — The Senate voted overwhelmingly Wednesday night to approve legislation extending unemployment benefits and maintaining an $8,000 tax credit for first-time home buyers.This can't be anything but good news for first-time home buyers

Pace of U.S, job losses slowsAs you know we're constantly talking about jobs as the key to economic recovery. More important to us, and to you as it relates to housing, job loss is directly related to the incidence of

It was Black Friday at A&E Television Networks with the layoffs of 100 employees, 10% of the company's work force.

CBS Corp. on Thursday again cited improving advertising momentum as it reported better-than-expected third-quarter results after the market close.

Cost-cutting and customer growth helped Quebec cable and publishing giant Quebecor Inc. on Thursday double its third quarter earnings on increased revenue.

Scripps Networks Interactive has agreed to buy a 65% stake in Travel Channel Media from Cox Communications in a deal that values the Travel Channel at nearly $1 billion.

Giant screen exhibitor Imax Corp. on Wednesday swung to a third quarter profit as it sees momentum from its expanding theatre network and new digital projection model setting in.

DirecTV Group posted virtually flat third-quarter earnings on Thursday as it reported higher subscriber acquisition costs and slowed net subscriber gains, citing stronger competition and increased disconnects.

Shares in U.K. commercial broadcaster ITV soared 7% to 48 pence (80 cents) Thursday on an upbeat trading statement, which predicted that advertising revenues would be back in the black in December, following almost 18 months of declines.

News Corp. chairman and CEO Rupert Murdoch said Wednesday that his conglomerate will continue to operate cautiously as an economic recovery is "still a little fragile" but that 2010 is likely to be a "year of stability."

Time Warner ran a recent trial to get movies on cable VOD ahead of their DVD release and is seeing early successes of the TV Everywhere initiative to allow consumers to access more TV shows online.

Canadian TV ratings king CTVglobemedia continues to sustain losses on lower ad revenue during the economic downturn.

Comcast Corp. chairman and CEO Brian Roberts on Wednesday tried to calm investor fears about a potential deal that would give the cable giant a controlling stake in NBC Universal, promising shareholders "a very disciplined approach" and a focus on

Time Warner's third-quarter profit fell 38%, but exceeded Wall Street expectations, leading the media giant to raise its full-year profit forecast.

Shell Oil Co. will pay $19.5 million to settle a lawsuit that accused it of violating rules on hazardous waste, underground fuel storage and other environmental regulations at its gas stations in California, Attorney General Jerry Brown said Friday. The...

State prison officials announced a five-year plan Friday to add beds and treatment space for about 2,600 mentally ill inmates, in response to years of federal court rulings that found substandard psychiatric care in California's penal institutions. Most of...

Another day, another Bay Bridge commute slowed to a halt by an accident at the famed S-curve. On Friday morning, a motorcyclist rear-ended a truck that resulted in a broken leg for the motorcyclist and an hourlong delay for San

Mayor Gavin Newsom was spotted Friday morning at City Hall, but he wouldn't come out and discuss his mysterious disappearance. Newsom arrived at his office about 9:30 a.m., walking past members of the media who were hoping he'd comment on