News Corp. has lost more than $8 billion in market value in the past 10 days, leading Standard and Poor’s to consider downgrading the media conglomerate’s credit. Meanwhile, CEO Rupert Murdoch has received the support of his board, as a small group of shareholders are taking him to court saying he “treats the company like a family […]
News Corp. has lost more than $8 billion in market value in the past 10 days, leading Standard and Poor’s to consider downgrading the media conglomerate’s credit. Meanwhile, CEO Rupert Murdoch has received the support of his board, as a small group of shareholders are taking him to court saying he “treats the company like a family candy jar.”