MGM debuts on Apple 

Metro-Goldwyn-Mayer Studios Inc., owner of the world’s largest film library, agreed to sell movies including "Rocky’’ and "Dances With Wolves’’ through Apple Inc.’s (APPL) iTunes Web site. Prices weren’t disclosed. The iTunes catalog will now include more than 500 movies, including those from Walt Disney Co. (DIS) and Lions Gate Entertainment Corp. (LGF) already sold through iTunes.

CITIGROUP

The nation’s largest financial institution, will eliminate about 17,000 jobs, 5 percent of its work force, to reduce costs and improve profit. Plans include "shrinking the size of corporate centers," several of which are in New York, and moving some 9,500 jobs to lower-cost locations. Despite the job cuts, however, the overall headcount at Citigroup (C) will grow this year.

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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