Citigroup and Legg Mason Trade Businesses

Citigroup and Legg Mason are working out a deal in which Legg Mason will acquire Citigroup's Asset Management business, while Citigroup acquires Legg Mason's Broker-Dealer business.

Yahoo Closes Chat Rooms To Avoid Child Exploitation

Yahoo has decided to shut down its feature that allowed users to set up their own chat rooms. This move comes after a television news report about chat rooms being used by adults encouraging minors to have sex with them.