Rupert Murdoch
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What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.
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After weeks of near-constant coverage of the big decision- will JPMorgan Chase shareholders keep Jamie Dimon as chairman and CEO or relegate him to just CEO? -the verdict came at JPMorgan's annual meeting in Tampa, Florida.
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May 20- Deborah Turness, a former top TV news editor in Britain, will take over as NBC News president in August, at a time when it is looking to turn around the fortunes of its news division. NBC is owned by Comcast Corp..
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*Targets included CIA, Pentagon, Sony and Fox. LONDON, May 15- Four British hackers who took part in 2011 cyber-attacks on targets ranging from the CIA to Sony were audacious, arrogant men whose motivation was "anarchic self-amusement", a court heard on Wednesday.
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*Apple drags on the S&P and Nasdaq, IBM weighs on the Dow. *Tesla Motors surges after results. NEW YORK, May 9- The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined.
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*Barnes& Noble leaps after TechCrunch reports Microsoft interest. *Tesla Motors surges after results. NEW YORK, May 9- The S&P 500 broke a five-day string of record closing highs on Thursday, ending a fairly volatile session lower as recent momentum lost steam and Apple shares declined.
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*Barnes& Noble leaps after TechCrunch reports Microsoft interest. *Tesla Motors surges after results. Boosting the S&P 500, News Corp shares gained 5.2 percent to $33.51.
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*Barnes& Noble soars after TechCrunch report of Microsoft interest. *Tesla Motors and Groupon soar after results. "We've had such a consistent upward move that investors need some real new news to keep the momentum going," said Rick Meckler, president of hedge fund LibertyView Capital Management LLC in Jersey City, New Jersey.
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*Tesla Motors and Groupon soar after results. NEW YORK, May 9- U.S. stocks edged lower on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five straight sessions.
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*Groupon soars in premarket on revenue growth. NEW YORK, May 9- U.S. stock index futures pointed to a slightly lower open on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five straight sessions.
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*Dow, S&P come off records after five days of gains. *Groupon revenue growth faster than expected. NEW YORK, May 9- U.S. stock index futures were flat on Thursday, as investors paused to await data on the labor market after the S&P 500 closed at new highs for the past five consecutive sessions.
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*Barnes& Noble soars after TechCrunch report of Microsoft interest. *Tesla Motors and Groupon soar after results. NEW YORK, May 9- The S&P 500 edged lower on Thursday, coming off its record highs, as data showing signs of improvement in the labor market was not enough of a catalyst to add to the recent upward momentum.
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*Whole Foods raises outlook, stock up 10 percent. *Level 3, TW Telecom rise after comments at Sohn event. Among the S&P 500' s biggest percentage gainers was Whole Foods Market Inc, whose shares jumped 10.1 percent to $102.19 a day after it reported a rebound in same-store sales and raised its full-year profit view.
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May 8- Rupert Murdoch's News Corp reported higher earnings and revenue for its fiscal third quarter, aided by the purchase of a controlling stake in German pay TV operator Sky Deutschland and growth at cable networks. The company recorded $42 million in costs related to investigations of phone hacking at its newspapers in Britain.
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LONDON, May 8- Tom Mockridge, who worked closely with Rupert Murdoch in more than 20 years at News Corp, is to take over at Virgin Media, pitting the two men against each other in a battle for British pay-TV viewers.
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RIYADH, May 6- Saudi billionaire Prince Alwaleed bin Talal will hold onto his most high-profile investments, which range from stakes in Citigroup and News Corp to microblogging site Twitter, while seeking out new targets to diversify his global portfolio.
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LONDON, May 6- An executive at Britain's pay-TV group BSkyB and his eight-year-old daughter were killed in a speedboat accident while on holiday in southwest England, and his wife and three other children were also airlifted to hospital, Sky said on Monday.
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What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.
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FRANKFURT, May 3- German pay-TV operator Sky Deutschland stuck to its full-year outlook on Friday after a growing subscriber base helped it swing to an operating profit in the first quarter. Sky Deutschland reported a first-quarter operating profit of 5.8 million euros, up from a loss of 40.6 million in the year-earlier period.
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May 2- Warren Buffett accumulates Twitter followers even faster than he makes money. The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes. Other relatively recent converts to the service include News Corp CEO Rupert Murdoch and former U.S.
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May 2- Warren Buffett accumulates Twitter followers even faster than he makes money. The 82- year-old " Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes.