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Rupert Murdoch calls off proposed Fox-News Corp merger

Rupert Murdoch calls off proposed Fox-News Corp merger

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Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho.Drew Angerer | Getty ImagesRupert Murdoch has withdrawn the proposal to re-combine Fox Corp and News Corp.Fox said Tuesday its board received a letter from Murdoch, its chairman, and his son and Fox CEO Lachlan Murdoch that "determined that a combination is not optimal for the shareholders" of either of the companies at the time.related investing newsThe potential merger had faced opposition from shareholders in recent months, who didn't believe a merger would show the true value of News Corp. if it merged with Fox.News Corp CEO Robert Thomson told employees Tuesday the decision to call off...
Oscar nominations announced: Read the list

Oscar nominations announced: Read the list

Business
The nominations for the 95th annual Academy Awards were announced Tuesday morning, and it looks like a genre-blending comedy-drama set in the multiverse is the favorite to win big at March's ceremony."Everything Everywhere All at Once" dominated nominations for major categories, showing up in the fields of best picture, best director, best actress, best supporting actress, best supporting actor and best original screenplay. It snagged 11 nominations overall, leading the pack."The Banshees of Inisherin" and "All Quiet on the Western Front" had nine nominations each, and Steven Spielberg's "The Fabelmans" (seven nominations) were also among the leaders. "Top Gun: Maverick" and "Avatar: The Way of Water," the biggest blockbusters released in 2022, were nominated for best picture, as well.T...
Biden makes surprise video appearance on ‘SNL,’ joining host Aubrey Plaza

Biden makes surprise video appearance on ‘SNL,’ joining host Aubrey Plaza

Business
U.S. President Joe Biden speaks during the National Association of Counties Legislative Conference in Washington, D.C., U.S., February 15, 2022.Joshua Roberts | ReutersPresident Joe Biden made a surprise video appearance on "Saturday Night Live" during first-time host Aubrey Plaza's monologue.The "White Lotus" star, who, like Biden, is from Delaware, joked that she was voted the most famous person from the state, beating out the president."That's a fact and he was pissed, he was livid," Plaza said.Biden then appeared via video and said, "Aubrey, you're the most famous person out of Delaware and there's no question about that. We're just grateful you made it out of 'White Lotus' alive."Many viewers took to Twitter to question whether the president's appearance was real, or if the video w...
New reports show travel risks around the world

New reports show travel risks around the world

Business
From catching Covid-19 to getting caught in a blizzard, traveling can be risky business these days.But just how risky often depends on the destination — and how you define the risks.Safest cities: people's perceptionsA report published by the U.K.-based insurance company William Russell ranked the "safest cities in the world," according to people's perceptions.On this list, which relied on perceived crime rates on the crowdsourced global database Numbeo, Asia and Europe dominated the rankings of "safest" cities.Taiwan's Taipei scored the highest, while Buenos Aires, Argentina, ranked the lowest (score: 36.7), according to the report.Safest cities: health and politicsBut the top five places for "health and safety" in Euromonitor International's "Top 100 City Destinations Index 2022" are ...
Who would buy WWE, as McMahon returns to board to pursue sale

Who would buy WWE, as McMahon returns to board to pursue sale

Business
World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada.Ethan Miller | Getty ImagesVince McMahon has returned to the World Wrestling Entertainment board of directors to facilitate potential sale talks ahead of the company's media rights renewal.The notion of WWE selling isn't new. CNBC reported it looked like a sale target in April and that it appeared only more attractive in July after a sexual misconduct scandal. The rationale is fairly straightforward: WWE is valuable intellectual property.Owning IP allows streaming services to exclusively offer content without the annoyance of winning licensing rights in an auction every few years. WWE also has value to offer in ...
Endeavor falls after UFC boss Dana White hits wife

Endeavor falls after UFC boss Dana White hits wife

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Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV.Amy Kaplan | Icon Sportswire | Getty ImagesMedia and entertainment company Endeavor saw its shares fall Tuesday after a video showing Dana White, president of its Ultimate Fighting Championship business, slapping his wife.Endeavor shares closed down nearly 6%.This week, a video published by TMZ showed White getting into an altercation with his wife, Anne, at a New Year's Eve party in Cabo San Lucas, Mexico. In the video, it appears the two are arguing before Anne White slaps Dana White. He then slaps her.Endeavor and the UFC didn't immediately respond to requests for comment.White issued a public apology Monday, according to media reports. Anne White also issued a s...
Barbara Walters, pioneering TV journalist, dies at 93

Barbara Walters, pioneering TV journalist, dies at 93

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Barbara Walters.Toby Canham | Getty Images Entertainment | Getty ImagesBarbara Walters, the pioneering TV broadcaster who blazed a trail for women in a male-dominated medium, died Friday. She was 93.Her death was confirmed by her representative, Cindi Berger, who said Walters died "peacefully in her home surrounded by loved ones.""She lived her life with no regrets," Berger said. "She was a trailblazer not only for female journalists, but for all women."ABC, the network where she last worked, aired a special report Friday night announcing Walters' death and reflecting on her career. Bob Iger, CEO of the Walt Disney Company, parent of ABC, said in a statement Walters died Friday evening at her New York City residence.He called her "a pioneer not just for women in journalism but for journ...
Pack these snacks, says nutritionist

Pack these snacks, says nutritionist

Business
Travelers have a host of pathogens to dodge this winter, including the "tripledemic" of infections caused by Covid-19, flu and RSV (respiratory syncytial virus).But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain's SHA Wellness Clinic.The key is to develop "a resilient immune system that can defend itself from attack by viruses and bacteria," said Dr. Vicente Mera, SHA's head of genomic medicine.What to eat"The most important thing is nutrition," Mera said.But drastic dieting isn't necessary, he added. Rather, travelers can simply eat whole, plant-based foods, which can help decrease inflammation, he said.Fiber in plant-based foods also helps the gut microbiome "fight pathogens that enter or are activated through the digestive tra...
The Way of Water’ nears $900 million at the global box office

The Way of Water’ nears $900 million at the global box office

Business
Avatar: The Way of WaterCourtesy: Disney Co. Disney and James Cameron's "Avatar: The Way of Water" snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut.A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. This metric, known as the second-week drop, is often used as an indicator of whether a film will have longevity at the box office or may fizzle quickly.Films that fall less than 50% are expected to have solid, long runs, while those that top 70% are likely to see ticket sales continue to sharply decline as the movie fades from the public eye."The second-weekend drop for 'Avatar: The Way of Water' puts it right in the zone of where it needs to be as this performance will set the tone for the ongoing b...
Jury finds Tory Lanez guilty in the shooting of Megan Thee Stallion

Jury finds Tory Lanez guilty in the shooting of Megan Thee Stallion

Business
A jury found rapper Tory Lanez guilty Friday of all charges in the 2020 shooting of Megan Thee Stallion outside a Los Angeles party.The Grammy-winning rapper accused Lanez of shooting her in the foot after the pair left a party at Kylie Jenner's home in 2020. Lanez, whose legal name is Daystar Peterson, pleaded not guilty to shooting her and dedicated an entire album to rebutting Megan Thee Stallion's version of events.He was originally charged with assault with a semiautomatic firearm and carrying a loaded, unregistered firearm in a vehicle. Prosecutors added a third charge, discharging a firearm with gross negligence, earlier this month. Lanez faces a maximum sentence of 22 years and eight months in prison. He may also face deportation to his home country of Canada after serving his s...