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  • Rupert Murdoch, Chairman and CEO of News Corporation

    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.

  • 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.

  • 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.

  • Stocks slipped in the final minutes of trading to end lower Wednesday as investors took a breather following a sharp rally in the previous session and amid ongoing jitters over the debt ceiling talks and fears over the euro zone crisis.

  • Stocks lost some ground in the final minutes of trading Wednesday as investors took a breather following a sharp rally in the previous session and after existing home sales tumbled unexpectedly to a seven-month low. 

  • James Murdoch, son of Rupert Murdoch and Chairman and Chief Executive of News Corporation, Europe and Asia.

    Jefferson used one. Dickens did, too. Churchill could be found at his (when he wasn’t lounging in bed). And now, James Murdoch has his. The standing desk.

  • Futures were higher Wednesday on hopes that U.S. lawmakers will reach a deal to raise the debt ceiling and avert a default as well as optimism over company earnings after Apple’s results beat the street.

  • 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.

  • 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.

  • traders_NYSE_happy4_200.jpg

    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.

  • Few of the dramas on his Fox TV network are as compelling as the real life drama involving News Corp chief Rupert Murdoch.

  • Stocks posted their biggest gains since March on Tuesday following a handful of upbeat corporate earnings and President Obama's positive comments on a possible debt agreement.

  • See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.

  • Wendy Murdoch defending her husband Rupert Murdoch during the News Corp hearings on July 17, 2011.

    Will the foam pie incident change everything?

  • Rupert and James Murdoch in front of Parliament

    Rupert Murdoch, the media mogul under fire for a growing phone-hacking scandal that has upended his empire, admitted to British MPs on Tuesday: "Today is the most humble day of my life."

  • 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.

  • Stocks were off their intraday high, but still traded sharply higher Tuesday as investors were encouraged by a handful of upbeat corporate earnings results and after housing starts rose far more than expected.

  • Futures were higher Tuesday as investors were encouraged by a handful of upbeat corporate earnings results and after housing starts rose far more than expected.

  • See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.

  • Wall Street sign

    Traders are hoping earnings will continue to emerge as a bright spot Tuesday, when a string of major blue chips report ahead of the market open and Apple reports after the closing bell.