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News Corp. board approves split, stock buyback
News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. News Corp. also said Friday that the target date for the split is June 28. The company holding its TV and movie properties will be 21st Century Fox. The ...
France won't force companies to cap executive pay
The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced Friday that the government no longer plans to push for a law to cap executive salaries in the private sector. Instead, Moscovici ...
Procter & Gamble brings back A.G. Lafley as CEO
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move comes as the world's largest consumer-products maker tries to ...
Some unions now angry about health care overhaul
When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters. But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the new law — problems that they say could jeopardize the health benefits ...
News from around Wisconsin at 5:28 a.m. CDT
Wheelchair lift out of Wis. promises more access MADISON, Wis. (AP) — An elementary school has inspired the University of Wisconsin-Madison to create a new wheelchair lift that could help make more places wheelchair accessible nationwide. The invention process started about three years ago when the principal at Emerson Elementary ...
Stocks edge lower as investors reassess Fed fears
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its ...
Judge awards $7,500 to former inmate for beating
A federal judge has ruled that a former Allegheny County Jail corrections officer should pay $7,500 to a former inmate. District Judge Terrence F. McVerry ruled Thursday that former corrections officer 34-year-old Arii L. Metz should pay 26-year-old David Kipp for the 2010 beating. McVerry called Metz's conduct "outrageous" and ...
Business Highlights
___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that gripped the stock market this week is ...
Defense: Ex-Pa. judge cooperating in coke case
A western Pennsylvania judge who abruptly resigned last year was charged Thursday with stealing cocaine from evidence in cases before him, and his attorney said the former jurist is cooperating with the investigation. State police filed the charges against former Washington County Judge Paul Pozonsky as part of a state ...
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. He's getting no significant uptick in approval from gains in housing, jobs and the stock market. Likewise, he has so far seen no downtick from the recent storms over ...
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