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Profit of Murdoch’s News Corp. triples

Posted in Main Blog (All Posts) on May 8th, 2008 4:31 am by HL

Profit of Murdoch’s News Corp. triples
News Corp., the owner of the MySpace Web site and Fox television, said third-quarter profit tripled on a $1.67 billion gain from the sale of its stake in DirecTV Group Inc. and advertising from “American Idol” and the Super Bowl…

Troop withdrawal added to funding bill
WASHINGTON (CNN) — Defying President Bush’s demand to send him a clean war funding bill, House Democratic leaders unveiled legislation Tuesday that conditions the money on withdrawing U.S. troops from Iraq and adds billions of dollars in domestic spending. House Appropriations Committee Chairman David Obey, D-Wisconsin, outlined a $183.7 billion package that combines money for the wars in Iraq and Afghanistan for the remainder of 2008 with additional funding requested by the administration to continue military operations through early 2009.

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