Murdoch Backs Down from Newspaper Boards

Rupert Murdoch’s resignation from the boards of several News Corp. newspapers may seek to reassure investors that the fallout from a U.K. phone-hacking scandal won’t follow them after the company splits into two units.
A Year on From Conflict, Has Gaza Recovered?
16:00 - July 8th marks one year since the war between rocket-firing militants in Gaza and Israel began. Yet reconstruction has barely begun. According to the UN, it would take 30 years for Gazans to rebuild the Strip at the current rate. Some businessmen though have managed it, as Bloomberg has been finding out.
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