Murdoch’s Humble Pie Reaps $5 Billion for Investors

Almost a year after News Corp.’s phone hacking scandal broke, Chairman Rupert Murdoch has bowed to the unthinkable: splitting off his beloved newspapers. Investors couldn’t be happier.

Second Day of Gains in Ten for Stoxx 600
52:07 - Bloomberg's Mark Barton reports on today's action in the European markets. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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