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PIMCO's Gross says Fed likely to ease stimulus in September: CNBC

NEW YORK (Reuters) - Bill Gross, co-chief investment officer of bond giant PIMCO, said on Wednesday the U.S. Federal Reserve will likely begin tapering its monetary stimulus in September and that bond investors might have already anticipated the move. "I think we're looking at a potential tapering in the next few months and probably around September," Gross, who is also a founder of PIMCO, told cable television network CNBC.

Former Yahoo executive Shashi Seth to head Tribune digital

(Reuters) - Former Yahoo Inc executive Shashi Seth has joined Tribune Co to lead its digital ventures as the newspaper and broadcast company seeks new revenue sources. The company said on Wednesday that Seth was named president of Tribune Digital Ventures, a newly created stand-alone company that will operate out of Silicon Valley rather than Tribune's Chicago headquarters.

Man killed by FBI links Tsarnaev to triple murder

A friend of Tamerlan Tsarnaev implicated himself and the Boston bombing suspect in an unsolved triple homicide before FBI agents killed him in a violent altercation Wednesday, local media reported. The Federal Bureau of Investigation said the man initiated a "violent confrontation" during questioning in Orlando, Florida and was killed, and that an FBI agent suffered "non-life threatening injuries."

TLC brings NBC's 'Who Do You Think You Are?' back from the grave

By Jethro Nededog LOS ANGELES (TheWrap.com) - Lisa Kudrow and Dan Bucatinsky-produced celebrity genealogy series, "Who Do You Think You Are?," can add a new branch to its family tree. TLC has picked up the former NBC documentary series for eight new one-hour episodes set to premiere on July 23. Production is already underway.

HBO's 'Girls' adds Jennifer Westfeldt for Season 3

By Tim Kenneally LOS ANGELES (TheWrap.com) - HBO's "Girls" is getting a little extra oomph for its third season, in the form of Jon Hamm's gal. Jennifer Westfeldt, known to jealous women everywhere as the gal who's romantically attached to "Mad Men" star Hamm, has booked an appearance on the HBO series, the premium cable network told TheWrap on Tuesday.

Disney-owned ESPN cutting hundreds of jobs: source

By Liana B. Baker (Reuters) - ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a person with knowledge of the cuts said. The job cuts, comprising 4 to 6 percent of ESPN's staff of 7,000, include open positions that will not be filled, said the source, who asked not to be named because the information is not public.

NBC News looks to Britain for its new president

By Liana B. Baker (Reuters) - Deborah Turness, a former top TV news editor in Britain, will take over as NBC News president in August, at a time when it is looking to turn around the fortunes of its news division. Turness will replace Steve Capus, who left the network in February. She will report to Patricia Fili-Krushel, chairman of NBCUniversal News Group, who oversees the news unit's business operations. NBC is owned by Comcast Corp.

NBC hires Deborah Turness of Britain's ITV as news division president; 1st woman to hold job

NEW YORK, N.Y. - NBC went out of the company and out of the country to find a president for its news division, on Monday naming the first woman to hold the top job. Deborah Turness, former editor of ITV News in Britain, replaces Steve Capus, who resigned earlier this year, and will begin her new job in August.

Original sitcoms coming to the USA network for the first time

NEW YORK, N.Y. - The USA television network is looking for laughs, and will premiere its first-ever original situation comedies next winter. "Sirens" focuses on three emergency medical technicians from Chicago who are good at their jobs but with personal lives that leave something to be desired. Denis Leary, who starred in FX's "Rescue Me," wrote and produced the series but is not onscreen. "Playing House" stars Jessica St. Clair and Lennon Parham as friends who draw closer when one has a baby.

CBS will premiere 4 new comedies in the fall, including 1 with Robin Williams

NEW YORK, N.Y. - CBS on Wednesday revealed a few nips and tucks it is planning next season for what is already network television's most successful schedule, including adding a comedy with Robin Williams playing an unorthodox advertising executive with Sarah Michelle Gellar as his daughter. It will move "Person of Interest" to Tuesdays, pairing it with "NCIS" and "NCIS: Los Angeles" to have television's three most-watched dramas on the same night and the same network.
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