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NBC News gets into digital book business

Matthew Flamm - NBC News has a new business line. The unit of NBC Universal announced Monday that it is launching its own digital book imprint, NBC Publishing, which will draw from all corners of the media company's empire, including NBC Sports, Universal Pictures and Telemundo, as well as the ne... (original story)

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Coach 2Q net income rises 15%

Luxury bag maker Coach said Tuesday that strong demand for its high-end accessories during the holidays helped fiscal second-quarter net income rise nearly 15%.Results beat expectations and shares rose more than 7% in late morning trading.The luxury sector has been a bright spot in U.S. retail as th... (original story)

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BofA to cut annual costs by additional $3B

(Bloomberg) - Bank of America Corp., the second-biggest U.S. lender by assets, may reduce annual costs by as much as an additional $3 billion in the next stage of CEO Brian Moynihan's efficiency plan. The lender, which already targeted $5 billion in expense cuts from retail and back-office operation... (original story)

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Colorado Teen Girl Recalls Train Accident: "I was watching my legs get crushed by coal cars." [Video]

Anna Beninati, who lost her legs after trying to hop a freight train in Colorado, describes some of her memories of that fateful jump in gruesome detail . More » (original story)

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Bronx Zoo's latest catch is its new CEO

The Bronx Zoo has tapped a new leader. The Wildlife Conservation Society announced Monday that it has hired Cristian Samper, director of the Smithsonian Institution's National Museum of Natural History, as its new president and CEO. He will begin his job on Aug. 1. Mr. Samper, an international autho... (original story)

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Meredith drops $175M on Allrecipes.com

Meredith Corp. continued its march toward domination of the mid-market women's lifestyle category with its announcement Tuesday morning that it had bought community-based food site Allrecipes.com from Reader's Digest Association for $175 million.The deal follows Meredith's October purchase of Every ... (original story)

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Legal battles drag down J&J's 4Q profit

A slew of charges for recalls, product liability, litigation and an acquisition dragged Johnson & Johnson's fourth-quarter profit down to barely a tenth of what the health care giant made a year ago, and some recalled products won't be back till year's end. But higher sales overseas boosted revenue ... (original story)

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Pension issue, iPhone 4S give Verizon big 4Q loss

Verizon paid dearly to put iPhones in the hands of subscribers in the latest quarter, holding back its profits in the hope that its customers will rack up higher monthly bills and stay loyal.The quarter saw the launch of the iPhone 4S, the second model to be sold by Verizon, and it was clear that ma... (original story)

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In the Battle of Kardashians vs. Dr. Oz, French Senate votes Kardashians [Controversy]

Voulez-vous deny that Ottoman Turks committed genocide against Armenians during World War I ce soir? Not for long. More » (original story)

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Watch the Vile Muslim-Hating Film the NYPD Used to Train Its Officers [Video]

The Third Jihad is a "documentary" purporting to show that U.S. Muslims are here to "infiltrate and dominate" America, funded by a mysterious right-wing pressure group. So it was a natural fit for the NYPD, which has launched an unprecedented and il... (original story)

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