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Rumor has it that 'Shameless' is going to be cancelled by Showtime after its 7th season. Also, Showtime has released the official synopsis for Season 6 Episode 7.

Fox News and North Jersey Media Group (NJMG) has reached a settlement regarding the famous photo of firefighter raising the US flag in the site of the World Trade Center after the 9/11 attacks. The settlement discontinues the copyright infringement lawsuits the companies have filed against each other.

The Securities and Exchange Commission will pursue case of Euro Pacific Capital ex-traders Daryl Payton and Benjamin Durant. The case involved alleged placing of trades prior to a deal announcement from IBM with SPSS.