News Corporation Stock News

News Corp (NASDAQ:NWS) said it will be reducing its headcount by 5% or 1,250 jobs as a slowdown in advertising spend by businesses due to rising interest rates and high inflation dented the media co

News Corp. (NASDAQ: NWSA ) layoffs are on the way after the company announced plans to cut jobs throughout 2023. News Corp. has revealed it will cut 1,250 jobs by the time 2023 comes to an end.

CNBC's Joe Kernen reports on layoff news.

News Corporation (NASDAQ:NWSA ) Q2 2023 Results Conference Call February 9, 2023 5:00 PM ET Company Participants Michael Florin - Senior VP and Head of IR Robert Thomson - CEO and Director Susan Panuc

News Corp. (NWSA) delivered earnings and revenue surprises of -44% and 4.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

News Corp, which owns The Wall Street Journal and HarperCollins, said it would cut 1,250 positions this calendar year

Rupert Murdoch's News Corp., home to media properties including the Wall Street Journal, Dow Jones and HarperCollins, announced as it released disappointing quarterly results that it is laying off 5%

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch's media conglomerate

U.S. stocks started the trading day on Wednesday, Jan. 25, with steep declines, but market indexes recovered toward the end the day.

Shares of New Corp (NASDAQ: NWS) are up nearly 10% on Wednesday after Rupert Murdoch scrapped plans of recombining the mass media company with Fox Corp (NASDAQ: FOX).

Rupert Murdoch has backtracked on plans to reunite his broadcasting and publishing empires, FOX and News Corp (NASDAQ:NWS), nearly a decade after they were split. The 91-year-old media mogul and his s

News Corporation (NASDAQ: NWSA ) stock is in the news Wednesday after a merger plan between it and Fox Corporation (NASDAQ: FOXA , FOX ) was terminated. Lachlan Murdoch, the executive chairman and CE

A proposed reunion of two parts of Rupert Murdoch's empire has been abandoned by the media tycoon.

The decision will keep high-profile media outlets like the Wall Street Journal and Fox News in separate companies, both run by Murdoch and his family.

Rupert Murdoch said he was abandoning plans to recombine Fox Corp. and News Corp., two media companies he controls. Geetha Ranganathan of Bloomberg Intelligence has more.