Dow Jones agreement gives committee approval power
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A tentative deal between News Corp.  and Dow Jones & Co. Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal selected by News Corp., three sources familiar with the matter said on Thursday.
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Dow Jones and News Corp. reportedly reach a tentative sale agreement, putting the ball in the court of Dow Jones' controlling Bancroft family.
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The boardâs support for a deal would leave a final decision to be made by Dow Jonesâ fractious controlling family, the Bancrofts, which could still seek to scuttle the sale.
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The move is an important step toward a purchase by the News Corporation of The Wall Street Journalâs owner, Dow Jones.
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It was a good day for unions. A Senate committee yesterday approved a measure that would give collective-bargaining rights to about 43,000 airport screeners at the Transportation Security Administration. The committee's action followed House approval of similar legislation last month.
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Dow Jones & Company board members met with Ronald W. Burkle and Brad Greenspan, who are interested in buying a piece of the company.
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Media & professional: The board of Wall Street Journal owner Dow Jones was scheduled to meet last night for what could be executives' final discussions over Rupert Murdoch's audacious $5bn (Â£2.5bn) takeover bid.
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Negotiators reached a deal for editorial independence of The Wall Street Journal under News Corporation control.
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An editorial board overseeing the Wall Street Journal under a Rupert Murdoch ownership would have five members jointly chosen by Murdoch's News Corp.  and the Journal's parent company, Dow Jones.
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A tentative deal between News Corp.  and Dow Jones & Co. Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal, three sources said on Thursday.
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The Bank of East Asia (0023.HK) said  on Thursday that Chairman David Li had received a &quot;Wells  Notice&quot; from staff of the U.S. Securities and Exchange  Commission in connection with an investigation into trading in  Dow Jones & Co. Inc.  shares.
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News Corp. (NWSa.N) and Dow Jones &  Co. Inc.  have &quot;basically agreed&quot; to a structure to  protect the editorial independence of the company&#39;s news  operations, including the Wall Street Journal and the Dow Jones  Newswires, a source familiar with the matter said on Tuesday.
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NEW YORK - Dow Jones &amp; Co. has reached a tentative deal on a contract with the reporters union at The Wall Street Journal, ending several months of sometimes contentious talks.
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Former Dow Jones board member David  Li has agreed to pay a $8.1 million civil penalty to settle  charges of insider trading ahead of news of an unsolicited  buyout offer from News Corp that sent Dow Jones shares soaring,  the Securities and Exchange Commission said on Tuesday.
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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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A tentative deal between News Corp. and Dow Jones & Co. Inc. would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal selected by News Corp., three sources familiar with the matter said on Thursday.
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Dow Jones & Co Inc.  said on Tuesday that its board was prepared to recommend that its shareholders accept a $5 billion buyout offer from Rupert Murdoch's News Corp. .