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  • UK Lawmaker Calls for Murdochs' Suspension Friday, 22 Jul 2011 | 6:12 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    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.

  • Hacking Case Linked to News Corp Referred to FBI Thursday, 21 Jul 2011 | 2:28 AM ET
    Rupert Murdoch, chief executive officer of News Corp., sits in a car as he is driven along Whitehall, prior to a parliamentary committee hearing on the phone hacking scandal.

    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.

  • Commodities traders at the New York Mercantile Exchange.

    European leaders could temporarily steal the spotlight from Washington lawmakers Thursday, as they meet in Brussels to discuss the Greek debt crisis and how to keep contagion from spreading.

  • UK PM Has Regrets Over Hiring Ex-Murdoch Editor Wednesday, 20 Jul 2011 | 8:14 AM ET
    David Cameron

    David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.

  • Cameron Addresses Hacking Scandal     Wednesday, 20 Jul 2011 | 6:30 AM ET

    British Prime Minister David Cameron addresses the House of Commons over the ongoing phone-hacking scandal.

  • UK MPs Deplore Murdoch Firm's Actions on Hacking Wednesday, 20 Jul 2011 | 5:35 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.

  • A positive start to earnings season, including blowout results from Apple, is helping investors shake off worries and start buying the dips. On tap for Wednesday: UTX, AmEx, Intel.

  • 'Great Drama' Expected at Murdoch Hearing: Editor Tuesday, 19 Jul 2011 | 11:31 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.

  • Can the UK Prime Minister Survive Murdoch Scandal? Tuesday, 19 Jul 2011 | 8:03 AM ET
    David Cameron

    he News of the World phone hacking scandal heaped further pressure on the British Prime Minister, David Cameron, on Monday as more questions were raised about his appointment of the paper's former editor Andy Coulson as his director of communications.

  • Murdoch Ready to Talk     Tuesday, 19 Jul 2011 | 7:54 AM ET

    CNBC's Kayla Tausche has the update on Rupert Murdoch and his son James reaching Parliament in preparation of a hearing on the phone hacking scandal.

  • Parliament Meets the Murdochs     Tuesday, 19 Jul 2011 | 7:06 AM ET

    CNBC's Kayla Tausche has the update on Rupert and James Murdoch arriving at Parliament. The big question is whether the Murdochs will be able to survive the scandal at all.

  • Whistleblower in News Corp Scandal Is Found Dead Monday, 18 Jul 2011 | 5:56 PM ET
    News Corp

    The whistleblower who alleged widespread hacking at News Corp's News of the World has been found dead. Police said his death was not considered to be suspicious.

  • News Corp Takes Another Hit     Monday, 18 Jul 2011 | 10:35 AM ET

    CNBC's Kayla Tausche has the details on British PM cutting his trade mission to Africa short as the hacking scandal grows.

  • Phone Hacking Scandal May Stretch to 9/11 Victims Wednesday, 13 Jul 2011 | 8:11 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    British Prime Minister David Cameron says he will look into whether 9/11 victims were targeted in the phone hacking scandal.

  • Rupert Murdoch, Chairman and CEO of News Corporation

    The likelihood of Rupert Murdoch's News Corp being given UK government approval to complete its takeover of British Sky Broadcasting has "sharply contracted" over the last 24 hours, Alex De Groote, media analyst at Panmure Gordon told CNBC.

  • Millions in UK Public Sector to Work Longer for Less Friday, 17 Jun 2011 | 5:34 AM ET
    A mass march in protest at government cuts sets off from Embankment on March 26, 2011 in London, England.

    The British government will confirm proposals to raise the retirement age of up to six million public sector workers by six years on Friday from 60 to 66.

  • Bank of England May Be Forced to Raise Rate: Economist Thursday, 16 Jun 2011 | 3:49 AM ET

    The UK consumer sector is “extremely challenging” but the Bank of England will probably be forced to raise interest rates later in the year, Adam Chester, chief economist at Lloyds Bank Corporate Markets told CNBC.

  • UK Government Backpedals on Welfare Cuts Monday, 13 Jun 2011 | 12:56 AM ET
    David Cameron

    Britain’s ruling coalition is to modify its plan for a rigid £26,000 annual cap ($42,190) on the total benefits that can be claimed by any household, amid fears it could force thousands of poor families out of their homes in London, the FT reports.

  • UK Prime Minister May be Forced into Cabinet Reshuffle Friday, 10 Jun 2011 | 10:49 AM ET
    Britain's Prime Minister David Cameron (front 2nd Left) calls an end to a group picture with his new cabinet ministers in the garden of Number 10 Downing Street in London, England.

    The UK’s Prime Minister, David Cameron, is coming under increasing pressure to reshuffle his cabinet just days after returning to work from a two-week break.

  • BMW Gives Mini Boost to UK Automotive Sector Thursday, 9 Jun 2011 | 10:08 AM ET
    2008 Mini Cooper hardtop

    BMW will invest 500 million pounds ($818 million) in its UK factories as it prepares its manufacturing network for the rollout of its next-generation Mini.