World and Nation
As it emerges from scandal, News Corp. looks to buy again
News Corp. is starting to look like its old self again. The media conglomerate, which had been on its heels for more than a year because of the phone hacking scandal in Britain, is looking to make acquisitions. First on the list could be a 49 percent stake in the Yes Network in New York, a purchase that could aid in the formation of a new nationwide sports network to compete with ESPN.
World and Nation
Ruling lets Murdoch keep British broadcast license
More than a year after a phone hacking crisis in Britain engulfed Rupert Murdoch’s News Corp., the embattled media company received a clean bill of corporate health on Thursday from a critical British regulator.