Dow Jones investigates bribery allegations against WSJ China
Dow Jones & Co said it found no sign of impropriety at its China operations, after the Wall Street Journal reported that a whistleblower had accused Journal employees of bribing Chinese officials for information.
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Found more than 1 month ago on channel
Reuters
What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire
Billionaire mogul Rupert Murdoch‘s plan to split his giant media conglomerate News Corp. into two independent publicly traded companies began to take shape Monday, after the company announced a flurry of management and organizational changes ahead of the breakup. The moves are further evidence of Murdoch’s plan to focus on entertainment assets — he’s making a big push into regional U.S. sports television ahead of a possible national Fox sports network — as News Corp. seeks to regain its footing after a tough phone-hacking-and-police-corruption scandal involving its U.K. newspaper business. Perhaps the most striking news, from a technology and media perspective, is the announcement that News Corp. plans to close The Daily, the New York-based iPad newspaper that was launched to great fanfare less than two years ago. To start with, Murdoch announced that Wall Street Journal managing editor Robert Thomson, a former top editor at The Times of London and the Financial Times, will become ...
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News Corp. Taps WSJ Editor to Head Publishing Company
News Corp. plans to name Robert Thomson, managing editor of The Wall Street Journal and editor in chief of Dow Jones, as chief executive of its publishing company as early as next week, according to people familiar with the matter.
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Dow Jones President Resigns
The president of Dow Jones, Todd Larsen, resigned Tuesday after more than two years on the job and 13 years at the company. No reason was given for his departure. Dow Jones is the unit News Corp. that publishes The Wall Street Journal.
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Wall Street drops sharply on weak earnings
Stocks dropped sharply Wednesday, after the S&P 500 logged its second best one-day performance for the year, pressured by some weaker-than-expected earnings and amid worries over global growth. The Dow Jones Industrial Average opened lower, dragged by Bank of America and Caterpillar. The S&P 500 and the Nasdaq also declined at the open. The CBOE Volatility Index (VIX), widely consider...
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Found 1 month ago on channel
MSNBC