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Obsessed with "unlocking value," blue-chip companies are spinning off their digital divisions as separate stocks. But if the bull stumbles, will there be blood on the tracks?

The technology of the twenty-first century is bringing back the marketplace of the eighteenth. But do consumers really want to bid for their breakfast?

What does a $23 billion multinational like Bernard Arnault's LVMH see in a small, New York-based beauty company like Bliss Spa? The start of a beautiful relationship.

The Internet strikes back: Is it really worth logging on just to rent a movie? Kozmo.com thinks so -- and it's only one of the companies banking on Web-delivery dollars.

Flatiron Partners leads the new breed of venture capitalists whose avuncular style and blazing stock-market success have supplanted the old buzzards.

Low-rent online broker Wit Capital gives high-roller access to some of the Internet's hottest IPOs. But clicking for them is a grubber's game.

Would a Chase-Merrill merger make sense for consumers, or for the market? And does it even matter, since megabanks get to do whatever they want?

What's that sound? Urban-music titles are raising the volume at the newsstand -- and agitating to become the "Rolling Stone" of the future.

Sure, when Goldman, Sachs goes public, the firm's partners will get obscenely wealthy. But the real beauty part? They won't have to give up any control.

Forget Ken Starr: The president's old nemesis the bond market has come back to haunt him -- with a big assist from Japanese investors who are bringing their money back home.