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News Corp results beat estimates, spin-off on track
(Reuters) – Rupert Murdoch’s News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing…
PRESS DIGEST-New York Times business news – April 26
April 26 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
CORRECTED-EXCLUSIVE-Former News Corp President Chernin bids for Hulu
(Corrects month of Providence’s investment in TCG to April, not November, in fifth paragraph)
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Tagged bids, Chernin, corp, CORRECTEDEXCLUSIVEFormer, Hulu, News, president
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PRESS DIGEST-New York Times business news – April 4
April 4 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
Great news on jobs: Unemployment rate falls to 7.7%, 236k added to payrolls
The latest report on the state of the U.S. job market offered good news all around, the best reading in months on the state of the economy. Jobs? There were 236,000 more of them on U.S. employers’ payrolls in February … Continue reading
Fox dampens higher profit, revenue at News Corp
(Reuters) – Rupert Murdoch’s News Corp on Wednesday reported higher quarterly revenue and profit on strong growth at its cable assets including its Regional Sports and FX networks.
UPDATE 3-Herbalife slams news report of law enforcement probe
(New throughout, updates with Herbalife comment, closing stock price)
UK’s Cameron warns of “bad news” on hostages, delays Europe speech
LONDON, Jan 17 (Reuters) – British Prime Minister David Cameron said people had to prepare for “bad news” after Algerian forces launched an operation to free foreign hostages at a remote desert gas plant on Thursday.
Obama to discuss fiscal issues at news conference
WASHINGTON (Reuters) – President Barack Obama scheduled a surprise news conference for Monday to press his case for raising the U.S. borrowing limit and to renew his call for a balanced approach in dealing with looming budget challenges.