News from the Street

• AOL and Time Warner have outlined the details of an upcoming spin-off. The acquisition in 2000 has proved a troublesome one with AOL profitability and market valuation dropping sharply ever since.
• Hard-hitting venture capital firms are doing the unthinkable in a frantic effort to lure investors back to the table: they're slashing their own fees and in some cases cutting them outright.
• Treasury yields are going up as investors seek safer places to stash cash going into the end of the year
• Facebook Fopah: Canadian Natalie Blanchard apparently just didn't think they would look when she was surprised by a sudden halt in her sick-leave benefits. Ms Blanchard after going on leave for clinical depression was photo'd having the time of her life in a local party, a vacation, and even a Chippendales bar show; all of which were captured on her own facebook page. Maybe that was part of the treatment...