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Scant shareholder support for Murdoch sons

NEW YORK — Rupert Murdoch was re-elected chairman of News Corp. with 84 percent of the votes cast during last week’s shareholders meeting but other members of the board, including his sons James and Lachlan, received far less support, according to figures released on Monday. James Murdoch, seen as the…

Murdoch faces stormy AGM after hacking scandal

LOS ANGELES — Rupert Murdoch faces a firestorm Friday at his News Corporation’s annual shareholders’ meeting, amid calls for him and his sons to be ousted after the phone hacking scandal in Britain. But given that his family control about 40 percent of the shares, and that Murdoch-backing billionaire Saudi…

Two California pension funds to vote against Murdoch

NEW YORK — Two huge California pension funds said Monday they would vote against the reelection of Rupert Murdoch to the board of his media conglomerate News Corp. this week. The pension funds added their voices to a growing clamor among News Corp. shareholders for the ouster of Murdoch and…

Murdoch team faces stormy shareholders meeting

Rupert Murdoch and his leaders at News Corp. face a firestorm at Friday’s shareholders meeting amid calls for Murdoch and sons James and Lachlan to be removed from the company’s board. But given that founder Murdoch, chief executive of the media empire, and his family control about 40 percent of…

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