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Mr. Drake transformed radio programming with a syndicated format that delivered more music, fewer commercials and high-energy "Boss Jocks."

JPMorgan Chase & Co. will lay off 9,200 WaMu employees nationally, out of the company’s total work force of about 42,000. (JPM)

Sumner M. Redstone, the controlling shareholder of Viacom and CBS, said that he had sold his stake in Midway Games as his family's holding company looks to get out from under $1.6 billion in debt.

Heated air will warm 10 Chicago bus shelters, courtesy of the Stove Top brand of stuffing. Such marketing is meant to entice consumers to experience products tangibly.

Yahoo Inc. stock rose Tuesday on reports that former America Online chief executive Jonathan Miller is trying to raise funds to buy all or part of the company.

Dallas-based integrated marketing agency Moroch strengthened its relationship with fast food giant McDonald's in 2008, being named the agency of record for six additional co-ops.

Debi Faubion will retire from her post as anchor of WSOC-TV’s evening newscasts when her contract expires in June.

A government-mandated transition from analog to digital television has CBS 11, or KTVT/KTXA Television, preparing for the change.