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Rupert Murdoch and His Family

News Corporation Chairman and CEO Rupert Murdoch listens to a discussion session during the Wall Street Journal CEO Council on "Rebuilding Global Prosperity" in Washington.
Rupert Murdoch was listed three times in the Time 100 as among the most influential people in the world. He is ranked 13th most powerful person in the world in the 2010 Forbes' The World's Most Powerful People list.
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Einhorn Mets ownership likely to wait until August

ESPN reports that the deal to sell a minority share in the New York Mets to hedge fund manager David Einhorn will likely not close until August. Both sides are confident that the deal will get done, but the details are dragging out the process.
Progress at White House Debt Talks

Obama on Debt Talks: 'Constructive' but Gaps Remain

They're getting there. That, in a few words, perhaps best characterizes the state of the nation's debt ceiling talks. President Barack Obama said Thursday Congressional Democrats and Republicans are making progress toward deficit reduction and raising the debt ceiling, but big gaps remain.
U.S. President Barack Obama

Debt Talks: Obama Open to Social Security, Medicare Cuts

President Barack Obama has shifted his strategy in debt talks with Republicans, offering a substantially larger deficit reduction package that would include cuts to Medicare and Social Security in exchange for eliminating tax breaks.
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Is New York City Weather Destroying Ancient Egyptian Obelisk?

New York City's Department of Parks and Recreation is attempting to answer that question this summer, as it conducts a weathering study of Cleopatra's Needle, which was gifted to the United States government by Egypt as a token to commemorate the opening of the Suez Canal. The obelisk has stood in Central Park since 1881, the New York Times reported.

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