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It's not enough.

That was a message emphatically delivered Monday by several members of Congress and numerous minority producers and diversity-minded media-business watchdog groups to Comcast and NBC Universal, at a House Judiciary Committee hearing conducted in downtown Los Angeles.

The four-hour hearing, the first and probably only one to be held in Los Angeles over the proposed Comcast purchase of NBCU, was convened at the California Science Center, at the behest of U.S. Rep. Maxine Waters (D-Calif.), who represents the area.

Its purpose: to explore the issue of ethnic and cultural diversity in the broadcast and cable media -- and more specifically, how one of the biggest mergers in media history will improve or worsen that situation.

It's time to bring back vertical integration in the movie business, said outspoken entertainment, sports and Internet mogul Mark Cuban at the Producers Guild of America's Produced By conference on Saturday. He said movie studios ought to buy theater chains and explore releasing certain movies to video-on-demand even before those films hit the big screen.

During a wide-ranging conversation moderated by Los Angeles Times reporter Dawn Chmielewski, Cuban said his ownership of both Magnolia Pictures and the Landmark Theaters chain allowed him more flexibility on the release patterns of films like Steven Soderbergh's "Bubble," Neil Jordan's new "Ondine" and Alex Gibney's Oscar-nominated documentary "Enron: The Smartest Guys in the Room."

Written by Douglas Estadt

Eric Whitman, MD, of http://drericwhitman.wordpress.com/, is a board certified surgical oncologist specializing in the care of patients with melanoma, joins us today for an exclusive interview regarding the DTCH presentation at The American Society of Clinical Oncology (ASCO) Annual Meeting.

• Survival rate tripled for cancer patients treated with PHP (Percutaneous Hepatic Perfusion) - 398 days vs. 124 with best alternative care

• Related: Media Buyers Blink: ABC, CBS, CW Do Big Business

The result is a potential blueprint for the entire television industry.

In gauging the dimensions of a crisis, you have to make certain assumptions. 

One thing I've assumed about the current euro debt crisis is that no politician there would do something unusually stupid. Venial. Short-sighted. Duplicitous. Sure. But not something so really stupid that it would raise damage from the crisis by an order of magnitude.

Well, I'm seeing exactly that level of “really stupid” starting to gather momentum. And the source is Chancellor Angela Merkel's government in Germany.

When Walmart (WMT) identifies a new location for one of the chain's supercenters, that often generates some degree of local opposition. Some of that, it turns out, is coming from outside agitators.

The Wall Street Journal reports that competing chains such as Safeway (SWY), Supervalu (SVU)  and others retain a consulting firm to lead the charge against a new Wal-Mart store. That means that some of those "concerned citizens" writing letters to the editor may actually be sticking up for corporate interests and not the community’s welfare.

By Jonathan Blum, TheStreet

There's a new small-business mobile beast loose in the land: the Sprint (S) Evo.

Finally, after, I kid you not, almost a year of speculation, pre-announcements, announcements and other marketing drivel, Sprint's premier 4G superphone, the HTC Evo, is on sale. And while far from perfect -- much more on clunk factor, grim battery life and cost -- the Google (GOOG) Android-powered Evo offers a legitimate, small-business option between the Apple (AAPL) iPhone and the full line of Research in Motion (RIMM) BlackBerry devices.

Without question, the Evo’s bright screen, blazing multi-tasking performance and support for critical business tools compete at the highest levels in the mobile-business-device market.

By Jim Cramer, TheStreet

What happens to traders on Sunday night that drives them to such levels of despair? How can they send oil down to $69 and the Nasdaq ($COMPX) futures down 22 ticks? What gives? How can they be so, well, wrong?

Now it is easy to say "they will be right," but the fact is that the Sunday night futures are some bizarre anti-tell, the sum of all fears, the sense that doom is here and that we will crash Monday. That's why you sell down that hard, because you think we will crash.

It's age-old and ingrained. A really horrible Friday will ineluctably yield a much worse Monday. So just get ready for it and blast out everything, regardless of the available news – which included reports of European bankers actually talking about how to save things, and a decrease in the disastrous Gulf spill.

• With just 4% of global GDP they have 20% of the world's land and 15% of it's population
• Between 2000 and 2008 Africa's GDP grew 5.3% annually but the global GDP only grew 4% for the same time frame
• In 2009 Africa's GDP grew 2% -- US dropped 4%, EU dropped 2.8%, Latin America dropped 1.5%
• These companies do business not only in their own country but in the rest of Africa and around the world as well
• The companies mentioned in their survey far outstripped the rest of the world in increased sales and earnings growth

The European debt crisis, a very disappointing jobs report, and a continuing environmental crisis off America's shores -- uncertainty has made its way back into the stock market in a big way over the past few weeks. But while that uncertainty has led to a wide array of opinions on where the market and economy are headed, many of the investment gurus I keep an eye on agree on at least one thing: If you know where to look, there are opportunities to make money.

• Check out my Buffett-based Top Stocks tracking portfolio at Wall Street Survivor

Take Chuck Akre, who produced an exceptional 12.6% per-year return for the FBR Focus Fund from 1996-2009 before moving on to manage his own fund. Akre tells Fortune magazine that he likes convertible preferred shares of Hartford Financial Services Group, which must be converted into common stock in 2013. While hit hard by the 2008 financial crisis, Hartford is now in good shape, Akre says. “It’s an interesting, low-risk, decent turnaround play in a market with a lot of uncertainty,” he told Fortune, as part of a "25 Stock Picks from 25 Great Investors" feature that also included top stock-pickers Bruce Berkowitz, Tom Forester, and David Herro.

Another top fund manager who's seeing opportunities is Eric Schoenstein, co-manager of the Jensen Portfolio, which has beaten 95% of its peers over the past 10 years. He recently told MarketWatch that despite the major recent volatility, his fund remains fully invested in stocks. And he says companies in a number of different sectors are offering attractive “margins of safety”.

It’s a busy month for drug announcements at Teva Pharmaceutical Industries (TEVA), with news on Copaxone, Azilect, and Gianvi -- and it’s only June 4.

Of these, Gianvi is the biggie -- at least for now.

The drug is a generic version of Bayer’s (BAYRY) oral contraceptive Yaz. Sales of Yaz came to $780 million in 2009. The contraceptive has been especially popular among younger women, since taking it produces less water retention than some other contraceptives and works to reduce acne.