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Media General reorganizes operations, management

Submitted by Fox First at Ten on July 2nd

RICHMOND, Va. (AP) - Media General Inc. said Monday that it is reorganizing to focus on its core television broadcasting business after the June sale of the majority of its newspapers. The company said it will combine five regional divisions into two. Each new

News Corp announces plans to split

Submitted by Fox First at Ten on June 28th

By BREE FOWLERAP Business Writer NEW YORK (AP) - Calling it the next logical step in a near six-decade evolution, Rupert Murdoch's News Corp. said Thursday that it plans to split into two separate publically traded companies. Under the proposal, one company

Fears, hopes grow for Sony under new president

Submitted by Fox First at Ten on June 28th

By YURI KAGEYAMAAP Business Writer TOKYO (AP) - The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and

Famed Crystal Cathedral to become Catholic church

Submitted by Fox First at Ten on June 27th

By GILLIAN FLACCUSAssociated Press GARDEN GROVE, Calif. (AP) - Retired schoolteacher Dolores Rommel has followed the Rev. Robert H. Schuller almost her entire adult life: She was baptized in his church as a young woman, sent her children to his Sunday school and laid her husband

House panel OKs bill expanding rewards program

Submitted by Fox First at Ten on June 27th

By DONNA CASSATAAssociated Press WASHINGTON (AP) - A House panel on Wednesday approved legislation that would expand the State Department's rewards for justice program to target the world's most serious human rights abusers, with African warlord Joseph Kony a top target

College boards turn to business-style approaches

Submitted by Fox First at Ten on June 27th

By ZINIE CHEN SAMPSONAssociated Press CHARLOTTESVILLE, Va. (AP) - A popular University of Virginia president is forced to resign because board members thought she wasn't working quickly enough to address diminished funding and other challenges. Purdue University hires as its

Syria violence escalates as US seeks turning point

Submitted by Fox First at Ten on June 27th

By ELIZABETH A. KENNEDYAssociated Press BEIRUT (AP) - Gunmen attacked a pro-government TV station Wednesday near the Syrian capital, killing seven employees in the latest barrage of violence as world powers prepared for a high-level meeting that the U.S. hopes will be a turning

News Corp. considers split in 2, stock jumps

Submitted by Fox First at Ten on June 26th

By RYAN NAKASHIMAAP Business Writer LOS ANGELES (AP) - Rupert Murdoch's News Corp. is preparing to spin off its newspaper business into a separate company, an acknowledgement that the printed page that gave rise to a media empire will never again be central to its future

2 UK LulzSec hackers plead guilty in London court

Submitted by Fox First at Ten on June 25th

By RAPHAEL SATTERAssociated Press LONDON (AP) - Two British hackers linked to the notorious Lulz Security group pleaded guilty to a slew of computer crimes Monday, the latest blow against online miscreants whose exploits have grabbed headlines and embarrassed governments around

Giant coupon company to come out of merger

Submitted by Fox First at Ten on June 21st

By TAMARA LUSHAssociated Press ST. PETERSBURG, Fla. (AP) - Coupon-clippers, take note. The company that owns and distributes Valpak coupons to millions of homes around the U.S. is acquiring one of the biggest online coupon websites. Cox Target Media Inc., told