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It was a striking display of unity: Rupert and James Murdoch, father and son, walking side by side through central London as they faced a crisis that had laid siege to their company. Pushing through a crush of paparazzi on a street not far from Buckingham Palace, James reached out to place a reassuring hand on his father’s back. .
Checking in on where the so-called "Billionaires Walking Tour," from the "Occupy Wall Street" protests is headed in uptown Manhattan, with CNBC's Kayla Tausche.
A major investor advisory firm recommended Monday that shareholders of the News Corporation vote against the re-election of a vast majority of the media conglomerate’s board, including Rupert Murdoch and his sons, who control the company. The New York Times reports.
Warren Buffett has a challenge for News Corp chief Rupert Murdoch: I'll release my tax return if you release your return at the same time.
British lawyers acting for victims of phone hacking by The News of the World are planning to launch legal action in the U.S. against directors of the newspaper's parent company News Corp, according to a report on British satellite news channel Sky News.
UK Finance Minister George Osborne faced controversy Monday as allegations resurfaced about him taking cocaine with a former madam.
The Metropolitan Police arrested another suspect as part of their investigations into phone hacking at the now closed News of the World newspaper, London's Metropolitan police said on Thursday.
The travails of the Murdoch family over the phone-hacking scandal at their UK newspaper empire are far from over.
When Rupert Murdoch sat down with his board on Tuesday for the first time since a phone hacking scandal overseas plunged his company into turmoil, he was surrounded by a lot of familiar, friendly faces, the New York Times reports.
It wasn't all about eating humble pie, both figurative and real, for Rupert Murdoch. The head of News Corp also hit back saying investigative journalism had helped UK politics and the country should emulate Singapore's pay for top politicians.
Over the last month, many Americans watched from a distance in horror or amusement as it became evident that the News Corporation regarded Britain’s legal and political institutions as its own private club.
James Murdoch might have spared himself some embarrassment if he had paid the legal fees for an investigator accused in the phone hacking scandal, the New York Times reports.
James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.
The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.
As part of a preliminary investigation into the growing News Corp. phone-hacking scandal, the U.S. Department of Justice is preparing subpoenas of the media company relating to its alleged hacking of voicemail of Sept. 11 victims and foreign bribery, according to the Wall Street Journal.
A UK Member of Parliament has written to the board of News Corp calling for Rupert and James Murdoch to be suspended over phone hacking at the company.
A legal battle over alleged computer hacking of a US marketing company by a News Corp subsidiary has been referred to US authorities by a senior lawmaker, the FT reports.
David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.