Mr. Murdoch has never been particularly impressed with Mr. Romney, friends and associates of both men say. The two times Mr. Romney visited the editorial board of The Journal, Mr. Murdoch did not work very hard to conceal his lack of excitement. “There was zero enthusiasm, no engagement,” said one Journal staff member who was at the most recent meeting in December the New York Times reports.
To hear Rupert Murdoch tell it lately, Mitt Romney lacks stomach and heart. He “seems to play everything safe.” And he is not nearly as tough as he needs to be on President Obama.
Don Yacktman, Yakctman Asset Management president & co-CIO, is an investor in News Corp. He talks to "Street Signs" about what he makes of the split.
While News Corp.’s decision to split itself into two separate companies within the next 12 months would force some investors to sell their shares in the company, many see this announcement as a plus for the stock’s value, said David Joyce, a senior media analyst at Miller + Tabek.
News Corp. Chairman & CEO Rupert Murdoch speaks with CNBC's David Faber about plans to split the company in two. "The more I think about it, the more I know the split is the right move," says Murdoch.
News Corporation formally announced its intention to split its entertainment and publishing businesses on Wednesday morning, capping a week of speculation over whether Rupert Murdoch would unbundle the media empire he's built for more than half a century.
Investor’s hopes and share prices rose Tuesday as Rupert Murdoch’s News Corp. announced that it is considering dividing the massive media conglomerate into two separate, publicly traded companies.
According to sources, News Corporation is expected to announce a split of its company on Thursday, which would then take up to a year, reports CNBC's David Faber.
CNBC's Kayla Tausche reports News Corporation is considering separating its publishing arm from its much larger entertainment division. What does it mean for stockholders? Barton Crockett, Lazard Capital Markets senior analyst, weighs in.
The Lib Dems are set to deliver a blow to coalition unity on Wednesday by refusing to back the embattled culture secretary Jeremy Hunt in a vote in the House of Commons, the Financial Times reports.
British prime minister David Cameron faces the prospect of appearing for a full day at the Leveson Inquiry into press standards and ethics on Thursday, rounding off a week in which the elite of British politics will have given evidence into their dealings with the media.
News Corp. hit back at assertions made by the Leveson inquiry’s lawyer last week that its chairman and chief executive Rupert Murdoch may have been lying to it when he gave evidence, the Financial Times reports.
All of Rupert Murdoch’s scandals and legal woes aren’t hurting the company’s performance.
Voters in the United Kingdom punished the coalition government’s two political parties at local elections across the country on Thursday in what will be seen by many as a rejection of the government’s austerity.
Not fit to run a major company. It is a damning judgment on Rupert Murdoch, a threat to his British assets — and a headache for Britain's government.
Rupert Murdoch and News Corp came under fresh attack by UK politicians Tuesday when a key Parliamentary report into the phone hacking scandal said he is “not a fit person” to run a major international company.
CNBC's Kayla Tausche reports on opinions of the UK Parliament Committee regarding Rupert Murdoch exhibiting a "blind eye" to the phone-hacking scandal.
UK lawmakers find huge failure of corporate governance at News Corp. CNBC's Kayla Tausche reports.
While the French presidential elections are drawing the attention of most in Europe, local elections in the UK, though unlikely to change the shape of Britain’s coalition government, could put pressure on its economic policy.