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View.com.au launch not a threat to REA or Domain Australia - Jeffeies

BUZZ-View.com.au launch not a threat to REA or Domain Australia - Jeffeies ** Jefferies says recent launch of View.com.au real estate portal by View Media Group will not likely be a threat to rivals REA Group REA.AX and Domain Holdings Australia DHG.AX ** Says View Media's consumer experience so far is below level ** View is not intended to compete
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U.S. stocks weekly: Fed hangover

RPT-BUZZ-U.S. stocks weekly: Fed hangover Repeats from Friday, no changes to text. Updates chart ** S&P 500 .SPX falls for 3rd straight week, slumps 2.9% in wake of hawkish Fed .N ** Indeed, the U.S. 10-year Treasury yield US10YT=RR hits 16-year peak as U.S. central bank sees rates higher for longer ** This, as the SPX braced for the Fed , and now for a change of seasons ** While the Nasdaq Composite .IXIC , on the back foot, is internally beaten up , and has traders eyeing support ** Every sect
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Rupert Murdoch's 2023 pay at Fox swells 24% to $22.9 million

Rupert Murdoch's 2023 pay at Fox swells 24% to $22.9 million Sept 22 (Reuters) - Fox Corp's FOXA.O former chairman Rupert Murdoch's total compensation for 2023 climbed more than 24% to $22.9 million, a regulatory filing showed on Friday. The media mogul stepped down from his role on Thursday after a career spanning more than seven decades and handed the reins to his son, Lachlan Murdoch , who will become the sole chairman of News Corp and continue as chair and CEO of Fox.
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U.S. stocks weekly: Fed hangover

BUZZ-U.S. stocks weekly: Fed hangover ** S&P 500 .SPX falls for 3rd straight week, slumps 2.9% in wake of hawkish Fed .N ** Indeed, the U.S. 10-year Treasury yield US10YT=RR hits 16-year peak as U.S. central bank sees rates higher for longer ** This, as the SPX braced for the Fed , and now for a change of seasons ** While the Nasdaq Composite .IXIC , on the back foot, is internally beaten up , and has traders eyeing support ** Every sector staggers with consumer discretionary most dazed ** Consu
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Who is Lachlan Murdoch and what will happen to Fox and News Corp?

NEWSMAKER-Who is Lachlan Murdoch and what will happen to Fox and News Corp? Updates to paragraph 18, adding that Lachlan and family live in Sydney By Dawn Chmielewski and Helen Coster Sept 21 (Reuters) - Lachlan Murdoch, the eldest son of media titan Rupert Murdoch , was named the sole chairman of News Corp NWSA.O and will continue as the chair and chief executive of Fox Corp FOXA.O , the companies said on Thursday , settling for now the issue of succession in one of the world’s most powerful
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Murdoch Family Trust: The real battle over succession has yet to begin

UPDATE 1-Murdoch Family Trust: The real battle over succession has yet to begin Adds detail about a growing rift between Lachlan and James Murdoch in paragraphs 5-9 By Helen Coster and Dawn Chmielewski NEW YORK, Sept 22 (Reuters) - When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp NWSA.O and Fox Corp FOXA.O on Thursday , the announcement put to rest immediate questions about who will run a sprawling media empire that includes some of the
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Edgy market calm after worst day of 2023

MORNING BID AMERICAS-Edgy market calm after worst day of 2023 A look at the day ahead in U.S. and global markets by Mike Dolan Punch-drunk from a bombardment of central bank decisions this week, world markets attempted to stabilise on Friday as fear of an aggressive Federal Reserve was offset by a more dovish Bank of Japan and relatively soothing September business readouts.
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Rupert Murdoch exit may give Trump a Fox News 'reset,' Republican strategists say

Rupert Murdoch exit may give Trump a Fox News 'reset,' Republican strategists say By Tim Reid, Alexandra Ulmer and Nathan Layne Sept 22 (Reuters) - Rupert Murdoch's departure as the chairman of Fox Corp and News Corp could provide an opportunity to mend the relationship between former President Donald Trump and Fox News as the 2024 election campaign heats up, said a former adviser to Trump and Republican strategists.
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Murdoch Family Trust: The real battle over succession has yet to begin

Murdoch Family Trust: The real battle over succession has yet to begin By Helen Coster NEW YORK, Sept 22 (Reuters) - When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp NWSA.O Thursday, the announcement put to rest immediate questions about who will run News Corp and Fox Corp FOXA.O : a sprawling media empire that includes some of the most powerful brands in the world.
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Wall Street Journal - Sept 22

PRESS DIGEST - Wall Street Journal - Sept 22 Sept 22 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Rupert Murdoch is stepping down as chair of Fox Corp FOXA.O and News Corp NWSA.O , after building a media empire over seven decades that revolutionized news and entertainment and made him one of the world's most influential and controversial tycoons.
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Rupert Murdoch's exit ends chapter for polarising figure in his native Australia

Rupert Murdoch's exit ends chapter for polarising figure in his native Australia By Byron Kaye SYDNEY, Sept 22 (Reuters) - For some Australians, Rupert Murdoch's exit from the leadership of his media empire was a time to reflect on the country's greatest business success story. For others, it was a welcome reduction of influence for a man they viewed as a danger to democracy, and indeed, the planet.
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New York Times business news - Sept 22

PRESS DIGEST- New York Times business news - Sept 22 Sept 22 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Rupert Murdoch is retiring from the Fox Corp FOXA.O and News Corp NWSA.O boards, making his son Lachlan the sole executive in charge of the global media empire.
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British Business - Sept 22

PRESS DIGEST-British Business - Sept 22 Sept 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Warner Bros Discovery WBD.O said it planned to expand production capacity at its Leavesden studios near London by more than 50%.
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Financial Times - Sept 22

PRESS DIGEST-Financial Times - Sept 22 Sept 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines FTC lawsuit targets serial acquisitions by private equity Rupert Murdoch steps down as chair of Fox and News Corp Venture firm GGV Capital to split off China business after US pressure Cisco agrees $28bn deal for cyber security group Splunk Overview - Private equity firm Welsh, Carson, Anderson
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News Corp Says As A Result Of Mr. Murdoch's Resignation From Board, Size Of Board Will Be Reduced To Seven Directors

BRIEF-News Corp Says As A Result Of Mr. Murdoch's Resignation From Board, Size Of Board Will Be Reduced To Seven Directors Sept 21 (Reuters) - News Corp NWSA.O : NEWS CORP - AS A RESULT OF MR. MURDOCH'S RESIGNATION FROM BOARD, SIZE OF BOARD WILL BE REDUCED TO SEVEN DIRECTORS NEWS CORP - SIZE OF BOARD WILL BE REDUCED TO SEVEN DIRECTORS, EFFECTIVE UP
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Who is Lachlan Murdoch? What will happen to Fox and News Corp?

CORRECTED-NEWSMAKER-Who is Lachlan Murdoch? What will happen to Fox and News Corp? Corrects statement attributed to Fox spokesman in paragraph 14 to "wouldn't be unfair" from "wouldn't be fair" By Dawn Chmielewski and Helen Coster Sept 21 (Reuters) - Lachlan Murdoch, eldest son of media titan Rupert Murdoch , was named sole chairman of News Corp NWSA.O and will continue as chair and chief executive of Fox Corp FOXA.O , the companies said on Thursday , settling for now the issue of succession in
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US stocks close at lowest since June, Treasury yields spike on hawkish Fed

CORRECTED-US STOCKS-US stocks close at lowest since June, Treasury yields spike on hawkish Fed Corrects second paragraph to show 10-year Treasury yields touched 16-year peak, not 10-year peak Weekly jobless claims drop 9% FedEx gains on surprise profit beat Broadcom down on report Google to replace co as AI chip supplier Indexes down: Dow 1.08%, S&P 1.64%, Nasdaq 1.82% By Stephen Culp NEW YORK, Sept 21 (Reuters) - Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite was
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Who is Lachlan Murdoch and what will happen to Fox and News Corp?

CORRECTED-NEWSMAKER-Who is Lachlan Murdoch and what will happen to Fox and News Corp? Corrects statement attributed to Fox spokesman in paragraph 14 to "wouldn't be unfair" from "wouldn't be fair" By Dawn Chmielewski and Helen Coster Sept 21 (Reuters) - Lachlan Murdoch, the eldest son of media titan Rupert Murdoch , was named the sole chairman of News Corp NWSA.O and will continue as the chair and chief executive of Fox Corp FOXA.O , the companies said on Thursday , settling for now the issue of
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US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

CORRECTED-US STOCKS-US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook Corrects second paragraph to show 10-year Treasury yields touched 16-year peak, not 10-year peak Weekly jobless claims drop 9% FedEx gains on surprise profit beat Broadcom down on report Google to replace co as AI chip supplier By Stephen Culp NEW YORK, Sept 21 (Reuters) - Wall Street tumbled on Thursday, with investor risk appetite dampened by worries that the Federal Reserve's restrictive monetary pol
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Who is Lachlan Murdoch and what will happen to Fox and News Corp?

NEWSMAKER-Who is Lachlan Murdoch and what will happen to Fox and News Corp? By Dawn Chmielewski and Helen Coster Sept 21 (Reuters) - Lachlan Murdoch, the eldest son of media titan Rupert Murdoch , was named the sole chairman of News Corp NWSA.O and will continue as the chair and chief executive of Fox Corp FOXA.O , the companies said Thursday, settling for now the issue of succession in one of the world’s most powerful media empires.
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