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Thursday, May 7, 2020

Rupert Murdoch gives up bonus after News Corp post $1 billion loss

News Corp Executive Chairman Rupert Murdoch is forgoing his cash bonus for the year after the media company posted a $1 billion quarterly loss due to a write-down in the value of its Australian pay TV unit and the impact of the COVID-19 pandemic on its businesses.


from Reuters: Business News https://ift.tt/3ci3FTG

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US holds rates steady despite economy fears

The US central bank warns that economic uncertainty has "increased". from BBC News https://ift.tt/V0ZjlF8