Even though he was the main force behind the company's rise to power, Rupert Murdoch leaving News Corp. would actually benefit the company's stock price.
The News International phone hacking scandal claimed the highest-profile scalp with the resignation of the Metropolitan Police Commissioner Sir Paul Stephenson.
A special committee formed to oversee the integrity of Dow Jones & Co under parent News Corp is very concerned about the British phone hacking scandal that has shaken Rupert Murdoch's media empire.
Britain’s most senior police officer, Sir Paul Stephenson, the commissioner of the Metropolitan Police, has resigned.
Labour Party leader Ed Miliband has also called for a comprehensive change in media ownership laws in order to prevent the kind of power and influence Murdoch has had on UK politics.
According to a spokesman for Brooks, she was notified on Friday (the date of her resignation) that she would be arrested.
Not long after Rebekah Brooks resigned as CEO of News International, the British newspaper arm of News Corp., Dow Jones & Co. CEO Les Hinton offered his resignation to Rupert Murdoch on Friday.
Two of Rupert Murdoch's most trusted lieutenants resigned on Friday, leaving the Australian media mogul as vulnerable as ever.
Les Hinton, CEO of Dow Jones and publisher of the Wall Street Journal, resigned on Friday amid the ongoing News of the World phone-hacking scandal.
Rebekah Brooks, Rupert Murdoch's most senior newspaper executive in Britain, has resigned as chief executive of News International, the British subsidiary of News Corp.
Rupert Murdoch has issued apologies to Milly Dowler, the missing teen whose voicemail was hacked by News of the World.
Brooks says she feels a deep sense of responsibility
Murdoch has stood by Brooks despite widespread accusations of misconduct
A controversy involving the News of the World over hacking voice mails of 9/11 victims has forced Rupert Murdoch to oust Rebekah Brooks as CEO of News International.
Not only is the FBI investigating his News Corp. over allegations they may have hacked the phone of the victims of the Sept. 11 terrorists attacks, but his own corporate board members may sue him and his son.
Rebekah Brooks had at least two prominent enemies at News Corp. which likely prompted her departure as chief executive of News International, the UK company that is embroiled in a huge phone-hacking scandal.
Rebekah Brooks’ resignation as chief executive of scandal-scarred News International has elicited waves of reaction, from relief to outright cynicism.
Ex-News Corp executive Rebekah Brooks will give her full cooperation to British government and police inquiries and a parliamentary hearing scheduled for next week, she said in an internal memo.
Rebekah Brooks resigned as chief of News International, amidst an enormous phone-hacking scandal. Here is her resignation letter.
Rebekah Brooks, Rupert Murdoch's most senior newspaper executive in Britain and close confidante, quit News Corp on Friday over a phone hacking scandal that has rocked his global media empire.
Rebekah Brooks has resigned as chief executive of Rupert Murdoch's UK newspaper arm as a phone-hacking scandal escalates, and will be replaced by Sky Italia CEO Tom Mockridge, the company said on Friday.
Conservative backbencher Philip Davies, who represents Shipley in West Yorkshire, considers himself a one-man warrior against “political correctness”.