FROM Carl Bernstein
Is Rupert Murdoch's Media Empire Crumbling? Rupert Murdoch's troubles in Britain are escalating fast. Since closing his mass-circulation News of the World , he's had to buy back stock to maintain value in his vast holding company, News Corporation. Today, he abandoned plans to take full ownership of the satellite broadcaster British Sky Broadcasting . The scandal over cell phone hacking and bribery by NOW has been reported for years by the Guardian, but not much by anyone else. Then, last week, the paper revealed that its editor-in-chief had warned Prime Minister David Cameron not to hire Andy Coulson, who resigned from News of the World because of the scandal.
Murdoch's Media Empire Exposed Rupert Murdoch's troubles in Britain are escalating fast. Since closing his News of the World , he's had to buy back stock in his News Corporation, to keep up its value. Today, he abandoned plans to take full ownership of British Sky Broadcasting, which the BBC calls "a huge humiliation" and "extraordinary reversal of corporate fortune." The scandal over NOW cell phone hacking and bribery has been reported for years by the Guardian, but not much by anyone else. Then, last week, the paper revealed that its editor-in-chief had warned Prime Minister David Cameron not to hire Andy Coulson, who resigned from NOW because of the scandal. How much did Murdoch know about reporters breaking the law to get juicy stories? Did his executives lie to investigators? Has News Corp violated British or American laws? What does the scandal reveal about the culture of news in Britain and in the US, where News Corp owns the New York Post , Fox News and the Wall Street Journal ?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
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The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.