NEW YORK (Reuters) - Rupert Murdoch's News Corp said on Wednesday
its quarterly net profit rose three-fold on higher advertising
sales at the Fox TV network and Fox News Channel, as well as
a one-time gain from its stock swap with Liberty Media . Full Article
NEW YORK (Reuters) - Sprint Nextel Corp and top U.S. cable companies
are investing in Clearwire Corp to introduce advanced wireless
services and get a head start on AT&T and Verizon, but analysts
said the seven-way partnership may be too complex to succeed. Full Article
NEW YORK (Reuters) - U.S. stocks ended lower on Wednesday, with
all three major indexes down more than 1 percent, on concerns
about inflation and higher interest rates as oil jumped to a
record above $123 a barrel. Full Article
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