LOS ANGELES-- News Corp. managed to avoid rowdy protests at its annual shareholders meeting Tuesday, but that didn't stop stockholders from voicing complaints about the grip on the company held by founder and CEO Rupert Murdoch and his family.
LOS ANGELES-- News Corp. managed to avoid rowdy protests at its annual shareholders meeting, but that didn't stop stockholders from voicing complaints about the grip founder and CEO Rupert Murdoch and his family have on the company.
NewsCorp.'s annual shareholder meeting delivered another win for the Murdoch family, despite growing investor opposition to the family's control over the company.
A growing list of investors is opposing Rupert Murdoch and his family’s control over News Corp. ahead of the company’s annual meeting in Los Angeles on Tuesday.
The nation's two largest public pension funds are now taking aim at Rupert Murdoch. Mark Standriff, Frontline Strategies, explains.
CNBC's Julia Boorstin reports Rupert Murdoch's role as chairman of News Corp may be in jeopardy, along with the board positions of his sons James and Lachlan.
*ISS recommends shareholders vote to re-elect all News Corp directors. Oct 4- News Corp's controlling Murdoch family received a major endorsement, and won a symbolic victory, with proxy advisory group Institutional Shareholder Services' recommendation that shareholders vote to re-elect the company's board of directors at its annual shareholder meeting.
Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.
*Morgan Stanley is in talks to sell a majority stake in its commodities business to the Qatar Investment Authority. *Singapore state investor Temasek Holdings is putting pressure on Standard Chartered to appoint more independent directors.
Rail passengers face years of uncertainty over who will run some of Britain's busiest train routes after the Government admitted a huge blunder in awarding the franchise for the West Coast main line. FirstGroup is considering legal action against the Department for Transport after it pulled the controversial West Coast rail bid.
LONDON-- A high-ranking British detective has been charged with offering to brief the News of the World about the progress of a police investigation into phone hacking at the now-defunct tabloid _ one of the most serious allegations so far uncovered in the wide-ranging scandal.
James Murdoch is being lined up to take direct responsibility for News Corp’s U.S. television businesses, even as his record in the UK was attacked by media regulator Ofcom, the FT reports.
When Rupert Murdoch’s media empire reports its fiscal fourth quarter earnings after the bell Wednesday, Wall Street will be just as curious to hear details of its plan to split News Corp in two, as it is to hear the details of the quarter.
News Corp stock is slipping ever so slightly on low volume following the announcement that criminal charges have been brought against eight key figures in the never-ending phone hacking scandal, Yahoo Finance reports.
British police say they are investigating new tabloids in the country's growing phone hacking scandal, including the Trinity Mirror newspaper group and Express Newspapers.
Companies with unfinished deals or problematic headlines have avoided the conference, usually a hotbed of affable networking among heavy-hitters.
Tech and media moguls descended on a tiny town in Idaho for Allen & Company's idyllic Sun Valley Conference. Here's what generated the most buzz.
Another day in Sun Valley, Idaho is filled with meetings and media moguls, reports CNBC's Kayla Tausche.
Mobile payments startup Square is going international.
While the Independence Day holiday is over, the media and tech industry is readying its own brand of fireworks as a veritable who's who of executives and up-and-comers descend on a tiny town in Idaho for Allen & Company's idyllic Sun Valley Conference.