The number of U.S. companies buying insurance to cover the costs of potential cyberattacks and data breaches rose by a third last year at insurance broker Marsh Inc., making it one of their fastest-growing lines of coverage, Dow Jones News Service reported Thursday.
European shares traded lower early on Friday on waning hopes that U.S. President Barack Obama and key lawmakers would manage to reach an 11th-hour budget compromise.
News Corp. has announced that it plans to split into two separate, publicly traded companies, one for its publishing business and the other for its entertainment operations.
News Corp. has announced plans to split into two companies. News Corp. will be the name of its publishing business, while the media and entertainment business will go to a company to be called Fox Group.
Three hours west of Washington, D.C., U.S. Route 50 emerges from the West Virginia forest in a gentle curve. On the south side of the highway rises an enormous natural gas drilling rig. To its left and slightly behind it is a gas separation plant under construction.
The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating.
The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating.
News Corp. said Thursday that its board has approved plans to split into two companies. One company will operate as a newspaper and book publisher, while the other will be an entertainment company.
There have been some inglorious comedowns since the news industry began falling apart in the past decade. The Los Angeles Times once harbored ambitions to take on the New York Times before a bunch of former disc jockeys from the radio business helped run it into bankruptcy. Newsweek was unloaded for $1 and now sells magazines by punking Michele Bachmann.
