scandal

Penn State's profile is growing more radioactive, but the university will still have a soda to call its own. Pepsi on Wednesday said it will remain a sponsor of the school and its football team.

College football and basketball players are getting played instead of getting paid: Though they bring in the big bucks for their institutions of higher learning, more than 8 out of 10 of those FBS student-athletes are living below the poverty line, according to a new study.

Five years after tech giant Hewlett-Packard found itself at the center of a headline-grabbing pretexting scandal, DailyFinance has learned that federal authorities have expanded the scope of their prosecution to include other potential defendants.

StopTheChamber, a group critical of the U.S. Chamber of Commerce, says it was the target of a planned dirty tricks campaign. The group has filed an ethics complaint against three partners at the Hunton & Williams law firm.

Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP's directors wasted company money by awarding Hurd as much as $53 million in severance.

Bank of America challenges testimony by one of its operational leaders -- that Countrywide may have held on to homeowners' notes that it should have put into a trust. But the testimony is reinforcing fears that BofA is in big trouble.

As a kung fu comedy master, Jackie Chan kicks box-office butt. As a pitchman, he's more likely to deliver a death blow to the products he advertises. The Rush Hour and Karate Kid star has been skewered by the Chinese press for being the most dangerous celebrity spokesperson in the world, "a man...

The Duchess of York is embroiled in yet another public mess back home in England (bribery charges, a potential Parliamentary investigation), but today at the Book Expo America trade show she focused on her series of children's books.

Nike wanted to accelerate the public rehabilitation of Tiger Woods with a new ad featuring the voice of the golfer's deceased father. Instead, it has made its star endorser even more alien, mercenary and unsympathetic than before.

It will be a tough act, maybe tougher than winning all those golf tournaments. But Tiger Woods is a big business that used to generate $100 million a year and gave him a $1 billion net worth, as I posted. That's a very good living. Unfortunately, the money will stop rolling in unless Tiger puts the...