Bank of America Gains 12% Net Income

Bank of America reported its financial results for the second quarter today, which included a 12% gain in net income, which was $4.30 billion compared to $3.85 billion the previous year.

MySpace Is Now FoxSpace

Okay, so NYT bought About.com - which is basically just a form of citizen journalism. Okay, so IAC bought AskJeeves, and in the process got the much beloved Bloglines.

OTC Morning After To Be Decided By Sept. 1

After a politically charged back-and-forth, the US Food and Drug Administration sent a letter to the Senate stating that a decision on whether to allow the morning-after pill to be sold over the counter will be reached by the first of September.