Media giant News Corporation sees its net profits rise 65% in the three months to the end of December 2011 compared to 2010.

See the original post:
News Corp profits swing to growth

While many modern executives live behind a wall of communications operatives, Rupert Murdoch, the chief of News Corporation, is openly expressing his opinions on Twitter.

See original here:
The Media Equation: Twitter Gives Glimpse Into Rupert Murdoch’s Mind

AMR Corporation, the parent company of American Airlines, said on Tuesday that it has filed for Chapter 11, in an effort to reduce labor costs and shed its heavy debt load.

Read the rest here:
DealBook: American Airlines Parent Company Files for Bankruptcy

Do Americans use less health care when it costs more? That’s the question at the heart of debates over “skin in the game:” the idea that cost-sharing for medical services reduces utilization. A landmark study by the Rand Corporation in the 1970s found that even a modest level of cost-sharing led to patients using less health care. But some have pushed back against that conclusion using other data . Read full article > >

See the original post here:
A ‘skin in the game’ experiment

Protesters from the ”Occupy Wall Street” movement heckled News Corporation boss Rupert Murdoch during a speech at an education forum on Friday in San Francisco, California, accusing him of of trying to profit from public education.

Continued here:
VIDEO: Murdoch speech is heckled in US

Sino-Forest Corporation’s CEO Allen Chan resigns amid allegations of an accounting fraud by the Ontario Securities Commission.

Original post:
Sino-Forest CEO Allen Chan quits

GRAND RAPIDS, Mich. — At a General Electric flight simulator here, the visibility has been set at near zero to mimic thick rain and clouds. But a video console near the pilot shows a vivid picture of nearby mountains precise enough to allow a plane to take off or land despite the conditions. The system is one of several highly valuable next-generation technologies that GE has developed — and that the company has passed along to China as part of a joint venture with the state-owned Aviation Industry Corporation of China (AVIC). Read full article > >

See the rest here:
GE ‘all in’ on aviation deal with China

Nick Heller, the private spy introduced two years ago in Joseph Finder ’s “ Vanished ,” is the guy you want on your side when your corporation needs deep background or your political life needs a cleanup. His job seems like a dream gig for a former intelligence operative who thrills at ­assessing damage and unearthing information for very substantial fees. But in “ Buried Secrets ,” Heller must uncover something far more urgent: a teenage kidnap victim, buried alive. That unspeakable terror is hardly new in American thrillers. Just last year, Lisa Scottoline buried the protagonist of “Think Twice” in a cornfield, and master storyteller Edgar Allan Poe has left generations scared witless with “The Cask of Amontillado.” But Finder rachets up the fear factor with a chilling techno-touch: Alexa, the 17-year-old daughter of billionaire Marshall Marcus, Heller’s longtime friend, is stuck in a crypt, her agony visible via a streaming video feed to her dad’s home computer. Read full article > >

Read more:
Joseph Finder’s new thriller, ‘Buried Secrets’

The Army and the Department of the Interior violated federal procurement law when they awarded a contract to an Alaska native corporation and allowed it to pass on most of the work to other companies, federal auditors have found. United Solutions and Services was hired by the Army in September 2008 under a $250 million contract awarded without competition. It was asked to perform a variety of tasks, including launching a global campaign to prevent sexual assaults in the military. Though the corporation was tiny and operated out of an executive’s home in Delaware, it qualified for the no-bid deal because it was 51 percent owned by a native corporation called Cape Fox. The contract was managed for the Army by an acquisition office at the Interior Department. Read full article > >

The rest is here:
Audit: Army, Interior broke law by awarding contract to Alaska native corporation

Media giant News Corporation sees its quarterly profits fall 22% on the back of the sale of the MySpace website.

See the original post here:
Sale of MySpace knocks News Corp

There’s another vacancy in Muammar Gaddafi’s beleaguered regime. According to Tunisian officials, Shokri Ghanem, the chair of Libya’s National Oil Corporation, has fled across the border. It’s yet another blow for Gaddafi’s regime, which has seen a…

More:
Libyan Oil Chief Defects

The formerly withholding Murdoch empire is about to start shedding some light on its political dealings: Starting this summer, News Corporation will disclose all of its political contributions each year. The company was put in the spotlight last year…

See the rest here:
News Corp. to Disclose Donations

More than 85,000 tickets for this year’s BBC Proms were sold within the first 12 hours of going on sale, the corporation says.

Read this article:
BBC Prom tickets are snapped up

News Corporation has reported a 21% fall in three-month profits because the film Avatar was making money in the same period last year.

Go here to see the original:
News Corp hit by lack of big film

Eddie Jordan says that a possible bid from Rupert Murdoch’s News Corporation to take control of Formula 1 would face major problems.

See original here:
Potential F1 bid ‘just posturing’