The college sports coach at the heart of the child sex scandal that has engulfed Penn State University has admitted to "horsing around" with boys in showers and changing rooms but insists that he is innocent of the paedophile charges laid against him this month.

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Jet engines boost GE's earnings

General Electric notched a better-than-expected 22 per cent rise in earnings, helped by strong demand for jet engines as well as equipment used in oil and natural gas production.

Business diary: Raj's lawyer gets cross

CNBC was keen to catch up with John Dowd, attorney to Raj Rajaratnam, after last week's guilty verdict in the Galleon insider trading case. And though the business channel's viewers didn't get the benefit of Mr Dowd's views for long, a clip of what he did say is now being passed round online. "Do you have comment for CNBC?," the cameraman asks. To which Mr Dowd replies "Get the fuck out of here. That's what I've got for CNBC."

The Business On... Erin Burnett, CNBC news anchor

The Money Honey?

Universal joy as 'Potter World' bewitches public

Florida's popular Universal Studios theme park is celebrating vast success for its new Harry Potter attraction since it opened a few months ago.

Stephen Foley: Oprah always gets her way but is her TV venture all it's cracked up to be?

US Outlook: Today is Oprah's big day. After 25 years hosting the daytime talk show that made her the most influential woman in showbusiness and the US's first black billionaire, Oprah Winfrey launches her own TV channel.

The Business On... Keith Olbermann, Presenter, MSNBC

Didn't he just get fired?

NBC's pitch-perfect Community rarely falters

Sometimes it's hard to work out why television programme chiefs buy in certain foreign shows and completely overlook others. For example, why did E4 buy the dull One Tree Hill, but not the savvy Veronica Mars? Why has no one picked up the charming Bored to Death or the clever Party Down? Why was there no interest in United States of Tara, despite a script by Juno's Diablo Cody and the presence of Toni Collette in the lead role?

Stephen Foley: Why Comcast deal could be a horror show

When Brian Roberts unveiled Comcast's $30bn deal to take control of NBC Universal this week, he declared his cable TV and internet firm had become a leader in the "anytime, anywhere" media that American consumers are demanding.

GE set to buy Vivendi's NBC Universal stake for $5.8bn

General Electric has agreed to buy the French media conglomerate Vivendi's 20 per cent stake in NBC Universal for $5.8bn (£3.5bn), paving the way for the US company to sell control of the TV and movie company to Comcast.

NBC set for stock-market float as Vivendi mulls sale of stake

NBC Universal, the US movies and television giant, could be floated in a scheme under consideration at its parent company, General Electric (GE). The company is drawing up contingency plans for an initial public offering next year, if French media company Vivendi decides to sell its 20 per cent stake.

I took a risk, admits mother of octuplets

Woman at centre of row breaks silence to defend multiple birth

Hollyweird: Russ Columbo

The story of the demise of Russ Columbo is one of the weirdest in Hollywood history.

Amid the TV turmoil, it's always good news at CNBC

Advertising may be falling off a cliff across the industry, says Raymond Snoddy, but there's no slowdown at the global business channel

Rank plans pounds pounds 1bn sale of video arm

RANK, THE troubled leisure group, is preparing to sell Deluxe, its video duplication business, for a figure approaching pounds 1bn.
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Day In a Page

Countdown's rudest ever moments

Yesterday a contestant spelt the word 'minge'.
Special report: Tamil asylum-seekers to be forcibly deported

Special report

Tamil asylum-seekers to be forcibly deported
The problem with social mobility

The problem with social mobility

Politicians who say they want to break down Britain's social barriers have been told to unlock closed-shop professions – starting in their own backyard
France's sixth biggest city* goes to the polls (*that's London, by the way)

France's sixth biggest city* goes to the polls (*that's London, btw)

Next month expats in the stronghold of South Kensington will have a big say in who is returned as the first French overseas MP
Aftershock: How Haiti's quake hit the whole of Hispaniola

Aftershock: How Haiti's quake hit the whole of Hispaniola

Two years on from the disaster that shook the Caribbean state, its eastern neighbour, the Dominican Republic, fears a new wave of illegal immigrants could hurt its economy
Mean streets at the movies

Mean streets at the movies

Plan B's new film explores the urban tensions that led to last summer's riots – and he's not the only one finding cinematic inspiration in social unrest
Romney hits the magic number, but his smartphone app fails crucial spelling test

Romney hits the magic number...

... but his smartphone app fails crucial spelling test
Car-crash TV: Ferrari quits news after gaffes, rows and poor ratings

Car-crash TV: Ferrari quits news after gaffes, rows and poor ratings

Weeks after the demise of Sarkozy, the TF1 star he's said to have dated finds herself out of office too
Meet your doctor (please don't unplug it)

Meet your doctor (please don't unplug it)

Can a network of hi-tech terminals and online medics make the connection?
The 10 Best cycling gear

The 10 Best cycling gear

It’s summer, it's sunny... it’s the perfect time to get on your bike.
Song of the suicide bomber: How 'Babur in London' negotiated a cultural minefield

Song of the suicide bomber

Daring new opera 'Babur in London' features British terrorists planning an attack.
The school that brought the International Baccalaureate to the East End

Bringing the IB to the East End

The International Baccalaureate is not just for pupils in leafy suburbs.
England must beware brilliant Belgium

England must beware brilliant Belgium

They may have missed out on the Euros but the Belgians have a rash of young players who, thanks to the unifying skills of their coach, look to have a bright future
James Lawton: Liverpool must show new man the respect he needs to do the job

James Lawton

Liverpool must show new man the respect he needs to do the job
2012: the year when England's support decided to stay at home

2012: the year when England's support decided to stay at home

Three Lions will play their Euro 2012 games in front of only a few thousand of their fans