Newsweek says move intended to help talks with Spitzer
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CHICAGO (CBS.MW) -- Jeffrey Greenberg may step down as early as Monday as chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging bids by New York Attorney General Eliot Spitzer, according a media report Sunday.
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Dow Jones & Co.  delivered a proposal to safeguard its editorial independence to News Corp.  on Friday, the first step in a negotiation about a possible News Corp. takeover, according to the online edition of the Wall Street Journal.
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Maurice Greenberg, the former head of insurer American International Group Inc. , has been buying shares of New York Times Co.  to try to break the Sulzberger family's hold on the media company, the New York Post reported on Wednesday, citing unnamed sources.
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Weekly newsmagazine Newsweek on  Tuesday named Jon Meacham as editor, replacing outgoing editor  Mark Whitaker, who joins corporate parent Washington Post Co..  as an executive in its online operations.
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Insurance broker Marsh &amp; McLennan Cos. said yesterday it is renegotiating terms of $2.8 billion of backup bank financing after New York Attorney General Eliot Spitzer sued the company last week. The move is likely to raise the company's borrowing costs.
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The shift from rejecting Rupert Murdochâs bid for Dow Jones to agreeing to meet with him occurred in many small steps.
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Marsh & McLennan Cos. MMC.N, the  world's largest insurance broker, said on Tuesday it would  reform its business practices and stop accepting fees at the  center of an investigation by New York Attorney General Eliot  Spitzer into bid rigging.
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A media executive who helped purchase the Philadelphia Inquirer and the Philadelphia Daily News last year could be interested in joining a group to acquire Dow Jones & Co. , the Wall Street Journal reported on Wednesday.
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Experts say the move could lead to suits against the U.S. or private companies.
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Independent directors at Marsh & McLennan have begun talking to the New York attorney general about forcing the resignation of Jeffrey W. Greenberg, the chief executive.
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The music industry is the latest target to attract the attention of New York attorney general Eliot Spitzer, the New York Times reports.
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Newspaper publisher Pulitzer Inc.  confirmed on Sunday it hired a financial adviser to help it  explore strategic options, including a possible sale of the  company.
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The proposal follows a scandal at the New York Stock Exchange and government sanctions against several other exchanges, to ensure that they serve investors' interest.
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Rupert Murdoch's News Corp. Ltd. moved on Monday to prevent a hostile bid from U.S. cable company Liberty Media Corp., launching a plan to issue stock options that would dilute the stake of any predator.
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News Corp.&#39;s shift will improve trading liquidity and give better access to US capital markets. The company, which already has a secondary listing in London, will also seek a listing on the Australian Stock
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Rupert Murdoch&#39;s News Corp. Ltd. moved on Monday to prevent a hostile bid from US cable company Liberty Media Corp., launching a plan to issue stock options that would dilute the stake of any predator.
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Maurice Greenberg, the former head of  insurer American International Group Inc.  is interested  in launching a takeover for all of New York Times Co. ,  CNBC television reported on Wednesday, citing unnamed sources.