Free Republic

Procter & Gamble, the world's largest household products maker, today cut its earnings and revenue forecasts for the second time in as many months, according to Reuters.

Oprah Winfrey issued an apology on Monday for asking viewers with a Nielsen box to tune into OWN. "Every1 who can please turn to OWN especially if u have a Nielsen box," she wrote via Twitter on Sunday, just as the Grammy Awards telecast began opposite Oprah's Next Chapter. She later added, "Commercial Grammy people..u can turn to OWN."

Discovery Communications Inc. Chief Operating Officer Peter Liguori is leaving the cable programming giant at the end of December after just two years on the job. His departure comes at a key time for the company, as its high-profile ventures OWN and the Hub are struggling to establish themselves and its core networks Discovery and TLC face increasing competition from rival cable channels.