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| Business News |  | IRS offers deal for companies to end tax shelters | | San Angelo Standard Times- 8/7/2008 6:10:54 AM | | The Internal Revenue Service said Wednesay it is prepared to offer settlements to some 45 corporations if they agree to end questionable tax shelter practices. |  |
 | Conn. sues Countrywide over lending practices | | SanLuisObispo.com- 8/7/2008 5:31:10 AM | | Connecticut sued Countrywide Financial Corp. on Wednesday, becoming the latest state to take the mortgage lender to court over its lending practices. |  |
 | Time Warner 2Q net drops 26 percent | | KVML- 8/7/2008 4:05:58 AM | | Time Warner Inc.s second-quarter earnings fell 26 percent on declining subscriber fees at its AOL online unit and lower ad revenue at the Time publishing business, the media conglomerate said Wednesday. |  |
 | Freddie Mac Q2 Loss Surprises | | GlobeSt.com- 8/7/2008 3:36:36 AM | | One week after a housing bill was signed into law that extended a safety net to Freddie Mac and Fannie Mae, the market was reminded that these agencies are still struggling with larger housing trends that no ... |  |
 | Conn. sues Countrywide over lending practices | | The Modesto Bee- 8/7/2008 2:31:08 AM | | Connecticut sued Countrywide Financial Corp. on Wednesday, becoming the latest state to take the mortgage lender to court over its lending practices. |  |
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