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IBM sponsors Lab project

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IBM has staked out new territory in town by underwriting a Media Lab with UCLA's Extension Program. The Lab will be located at Universal's CityWalk, where the Extension is putting a 14-classroom…

Marketplace

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HSN earnings drop 55%

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Home Shopping Network reported net earnings of $ 5.8 million (7 cents per share), for three months ending Nov. 30. The earnings are down 55% from $ 13.1 million(15 cents ) in the comparable period…

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International Briefs

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Japan's first commercial satellite TV service is tumbling into trouble. WOWOW'S accumulated debt is now greater than its capital of 41.5 billion yen ($ 332 million), according to a WOWOW exec.

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