The European Deal Shoring Up Murdoch's War Chest

July 25 (Bloomberg) -- Rupert Murdoch and his son James have spent years cobbling together a pay-TV empire stretching from Manchester to Munich to Milan, but the family’s ambition of bringing it all under one roof foundered after a 2011 phone-hacking scandal that tarnished the Murdoch name. Today the deal was done -- with a non-Murdoch at the helm. Bloomberg's Paul Sweeney and Jon Erlichman have more on "Street Smart." (Source: Bloomberg)

The Stock Market Doesn't Seem to Care About Oil
04:11 - The correlation between daily swings in the S&P 500 Index and crude has been roughly zero the past month, the lowest since January and far below the five-year highs reached in 2016 as the oil prices bottomed near $26 before staging a rebound. Bloomberg's Oliver Renick tracks the rotation in equities on "Bloomberg Markets." (Source: Bloomberg)
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