Interpublic Group of Cos. (IPG), the world's second-largest owner of advertising agencies, said on Friday the U.S. Securities and Exchange Commission has upgraded its informal probe of the company's accounting into a formal investigation.

The Washington Post and Dow Jones & Co. Inc., publishers of the Wall Street Journal, have struck a deal for Post stories to appear in the European and Asian versions of the Journal beginning within the month, The Post said.

Las Vegas Mayor Oscar Goodman said Thursday he is considering legal action against the NFL after it refused to accept a Super Bowl commercial from the city's convention and visitors authority.

Beermakers have been criticized for "beer and babes" ads that depict women as sexual objects. But a new Miller Brewing TV spot is being compared to some of the most notorious beer ads of the past, such as Old Milwaukee's "Swedish Bikini Team."

Walter Isaacson, chairman and C.E.O. of CNN, resigned yesterday, becoming the second key executive to leave AOL Time Warner in as many days.

Our annual preview story on newspaper interactive media is typically an insular (narcissistic) affair. To avoid another therapy session, E&P turns outward to find out what non-newspaper folks think of the industry's Net efforts. What advice do experts from other fields have for us?

HBO's "Sex and the City" will call it quits after the show's sixth season, with its final episode airing early next year.