The Latest Breaking News from News Corp

News Corp will cut 1250 jobs in response to a big slump in second-quarter earnings as interest rates and inflation bite.

The AEC’s tranche of political donations information was largely shrugged off by the mainstream media outlets, despite significant revelations.

Rupert Murdoch has pulled the plug on a proposal to merge his News Corp. and Fox Corp. In statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan

Stock futures lower as U.S. earnings underwhelm; Microsoft slumps as cloud outlook offsets Q2 earnings beat; Tesla earnings on deck with price cuts, margins in focus; Boeing set to return to profit as orders build, China re-opens and Rupert Murdoch pulls plug on Fox-news Corp merger.

Economists say the RBA will likely continue to hike rates in the short term despite inflation reaching peak

The media mogul has spiked the planned recombination of the two arms of the Murdoch empire, citing shareholder concerns.

Rupert and Lachlan Murdoch have abandoned plans for a merger between News Corp and Fox.

Murdoch indicated that the combination was "not optimal at this time," according to a press release from News Corp.

A day after laying off staff, News Corp. demanded workers return to the office. In-office attendance is “an absolute imperative,” the CEO said.