If there was any doubt about the gravity of the mission facing the three members of News Corp.’s management-and-standards committee, board member Viet Dinh dispelled it at a meeting held a year ago in a 13th-floor conference room with a panoramic view of London.
News Corp.’s independent directors, obligated to assess Rupert Murdoch and other top executives’ handling of the company’s phone-hacking scandal, are relying for guidance on Viet Dinh, a board member with personal ties to the Murdoch family.
Chinese-owned Ralls Corp., blocked by President Barack Obama from buying an Oregon wind-farm project, sued a company that owned the properties, according to a document filed in federal court in Washington.
An affiliate of Sany Group Co., China’s biggest machinery maker, urged a U.S. judge to consider its lawsuit challenging President Barack Obama’s decision to block a corporate transaction on national security grounds.
News Corp. director Tom Perkins said he resigned from the board because of his age, reducing the number of independent directors at Rupert Murdoch’s media company two months into a phone-hacking scandal.
News Corp.’s Rupert Murdoch is struggling to control the destiny of the company he began building six decades ago after a trusted deputy was arrested and Scotland Yard’s top official quit over ties to a suspect in the phone-hacking probe.