Former Murdoch execs misled U.K. parliament over phone hacking

Former Murdoch execs misled U.K. parliament over phone hacking

Rupert Murdoch in 90 Seconds The U.K. phone hacking scandal is back in the spotlight. Two former executives of Rupert Murdoch’s media empire have been found guilty of misleading British lawmakers when giving evidence about phone hacking at the now defunct News of the World tabloid. In a rare but largely symbolic move, former News → Read More

Bayer is buying Monsanto in $66 billion deal

Bayer is buying Monsanto in $66 billion deal

Bayer’s hungry for a deal with Monsanto Now it’s official: Monsanto is going to be swallowed up by a rival in the biggest takeover announced so far this year. To clinch a deal, Germany’s Bayer pumped even more money into its bid for the U.S. seed giant, valuing it at $66 billion, including debt. Read More

What it feels like to sit behind the wheel of a self-driving Uber

What it feels like to sit behind the wheel of a self-driving Uber

Our ride in a self-driving Uber About 20 minutes into my ride in a self-driving Uber, I got a nonchalant offer: Did I want to sit behind the wheel? I’d already seen our Ford Fusion get cut off. And then there was the flatbed that veered into our lane, forcing my cautious test driver to → Read More

Brexit: EU tells Britain it can't pick and choose

Brexit: EU tells Britain it can't pick and choose

The story of Brexit is a story of never British firms will lose some access to European markets if the country insists on restricting migration from the EU. In a blunt statement Wednesday, European Commission President Jean-Claude Juncker said the U.K. couldn’t pick and choose what it liked about the EU once it has left. → Read More

Samsung to limit battery charging on Galaxy Note 7 phones to prevent fires

Samsung to limit battery charging on Galaxy Note 7 phones to prevent fires

Samsung recalls millions of smartphones As it races to replace millions of its Galaxy Note 7 smartphones around the world, Samsung has come up with a way to stop the devices from catching fire: update the software. Samsung (SSNLF) said it’s planning to roll out a fix next week for Note 7 phones in its → Read More

Wells Fargo CEO is 'sorry' — but he's not stepping down

Wells Fargo CEO is 'sorry' — but he's not stepping down

Wells Fargo scandal explained Wells Fargo CEO John Stumpf is “sorry” for the fake-account scandal at his bank, but he’s got no plans to exit despite a growing firestorm. “The best thing I can do is lead this company,” Stumpf told CNBC on Tuesday when asked about calls for his resignation. Read More

Carl Icahn wants to up Herbalife stake to 50%

Carl Icahn wants to up Herbalife stake to 50%

Herbalife finally settles with the FTC Legendary billionaire investor Carl Icahn wants to more than double his investment in the controversial nutritional supplements firm Herbalife. Currently, Icahn’s company, Icahn Associates Holding LLC, owns 21% of Herbalife’s outstanding shares and he has permission from his company to buy up to 35%. He announced Tuesday that he → Read More

The secrets of David Farenthold's reporting on the Trump Foundation

The secrets of David Farenthold's reporting on the Trump Foundation

Washington Post report questions Trump’s donations Washington Post journalist David Fahrenthold is investigating the Trump Foundation — and simultaneously showing how to involve readers in the reporting process. Other journalists say Fahrenthold’s work is inspiring. Some have dubbed it Pulitzer worthy. Its impact was reinforced on Tuesday when President Obama cited the reporting while stumping → Read More

Glenn Beck settles lawsuit with student he accused of financing Marathon bombings

Glenn Beck settles lawsuit with student he accused of financing Marathon bombings

Glenn Beck has settled a lawsuit filed by the Saudi Arabian student he wrongly accused of providing financial backing for the 2013 Boston Marathon bombings. Beck, the conservative radio host and entrepreneur, had repeatedly identified Abdulrahman Alharbi, a 20-year-old Saudi scholarship student living in greater Boston, as the individual who funded the attacks that were → Read More

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