Published Date: May 16, 2008

COLUMN ONE
Austin Highsmith's big break was hurt by the writers strike. Now the possibility of an actors strike is creating a difficult scene.

latimes.com
INSURANCE
The action comes after Kaiser Permanente and Health Net reach an agreement with a state agency.

The proxy battle is on as the billionaire investor backs an alternative slate of directors aiming to revive merger talks with Microsoft.

MEDIA
The network hopes the deal will greatly expand its advertising reach on the Web. Critics say the broadcaster's $1.8-billion offer is too high.

'Narnia' sequel has strong bloodlines and the weekend to itself.

A drop in oil prices, encouraging economic data and corporate deals help ease fears. The S & P and Nasdaq jump more than 1%.

The defeat could mean fewer jobs at Boeing's El Segundo facility, which would have made the satellites.

THE ECONOMY

30-year mortgage rates drop

Blockbuster swings to a profit


ENTERTAINMENT
The network will slash by half the ad time for the dramas 'Fringe' and 'Dollhouse,' in hopes of retaining viewers.

The gig: Chief executive of Virgin Entertainment Group, which runs Virgin Megastores and Virgin Cinemas. Wright's decision to sell more clothing, games and electronics and less music in the face of declining CD sales has helped the retail side thrive.

A Minnesota woman ordered to pay $222,000 in the nation's first music download trial may get another chance with a jury.

It calls for a reversal of the FCC's loosening of cross-ownership rule.

May is off to poor start as manufacturing lags and jobless rolls swell.

High gasoline costs and economic concerns will have little effect on road trips and fliers, a survey finds.

Activist investor

A federal judge has tossed out most of a lawsuit in which health-products maker Johnson & Johnson claimed that the American Red Cross broke the law by licensing its famous red-and-white symbol to other companies.

The addition of Microsoft's operating system may reassure education ministers in the developing world who have hesitated to buy the laptops.

A federal jury broadly cleared News Corp.'s NDS unit Thursday of allegations that it pirated satellite television signals.

Icahn's allies

Carl Icahn's candidates for the Yahoo board:


Your Money
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