News Corp. Chairman Rupert Murdoch and his son, James, are under mounting pressure from U.K. lawmakers to take responsibility for a phone-hacking scandal after bowing to calls for Rebekah Brooks to resign.
Rupert Murdoch’s News Corp. came under pressure from U.K. Prime Minister David Cameron to respond to “really appalling” allegations that its News of the World tabloid hacked into the voicemail of a murdered schoolgirl.
News Corp.’s Rupert Murdoch has spent years clashing with unions, rivals and governments. Now the scandal at one of his London newspapers is threatening to become the biggest crisis of the 80-year-old’s career.
Sienna Miller’s phone-hacking claims against Rupert Murdoch’s News of the World tabloid threaten to tarnish News Corp. ’s reputation just as it seeks government approval for the purchase of British Sky Broadcasting Group Plc .
Rebekah Brooks, the News Corp. executive at the center of a phone-hacking scandal that forced the closure of a 168-year-old U.K. tabloid she edited, has resigned amid pressure from politicians and shareholders.
After losing almost 80 percent of its value in two years, one share of Promotora de Informaciones SA costs less than a copy of El Pais, the best-selling Spanish newspaper published by the Polanco family-controlled company.