News Corp Profits Up Despite Hacking Payouts

Profits at media group News Corporation rose by nearly two thirds in the final three months of last year, boosted by income from its US cable television networks.Rupert Murdoch's media company, which runs ...

News Corp. quarterly net profit up 65%

News Corp. posted a sharp rise in quarterly net profit Wednesday as strong television and film growth offset declines in publishing and an $87 million charge related to the phone-hacking scandal in Britain.

Driver of van in Ontario crash that killed 11 ran stop sign, police say

LONDON, Ont. - A van carrying 13 poultry farm workers from South America drove right through a stop sign and into the path of a freightliner truck, police said Wednesday, citing driver error as the cause of one of Ontario's deadliest collisions.

BCE reports 2011 Q4 and full-year results, announces 2012 financial outlook

BCE Q4 net earnings attributable to common shareholders of $486 million, up 52.8%; Adjusted net earnings (1) attributable to common shareholders of $484 million, up 8.5%Bell revenue up 12.6% and EBITDA ...

Sony's woes continue with S&P downgrade

Credit rating agency Standard and Poor's on Wednesday lowered its rating of Japanese electronics and entertainment giant Sony, less than a week after the company said it was expecting a terrible year.

Health-Care Case Tests Supreme Court’s Ban on Live Broadcasts

The historic U.S. Supreme Court battle over President Barack Obama’s signature health-care legislation -- with 5 1/2 hours of arguments planned over three days on a matter that affects every American and may influence the 2012 elections -- will test the justices’ refusal to allow live broadcasts of their proceedings.