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Yahoo! has expanded its relationship with music retailer CDnow. In addition to being the premier music retailer on Yahoo!, CDnow holds the No. 1 music seller spot on music-related Yahoo! Chat and Yahoo! Mail.

Nicholson NY, New York, has hired Cris Popenoe as managing director of its new Internet retailing unit. Ms. Popenoe was most recently managing associate in Coopers & Lybrand Consulting's media practice.

A new study funded by Deloitte & Touche LLP found that by the year 2005, executives expect to rely on the Internet as their primary source of business news over traditional media. After the Internet, executives ranked corporate intranet and e-mail as the next important sources of news. The study also found that about 70% use the Internet to sell products and services online.

Copyright April 1998, Crain Communications Inc.

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