Rupert Murdoch was attacked by a protestor wielding a shaving foam pie as he gave evidence at the Culture Media and Sport committee on phone-hacking. His wife Wendi Deng was quick to defend her husband.
Cenk Uygur (host of The Young Turks) explains why he turned down a new, significantly larger MSNBC contract after hosting a prime-time show on the network that was beating CNN in the key demo ratings. He also shares his thoughts on Rachel Maddow and Fox News.
Government Accountability Office and the Transportation Security Administration officials, the former security director of Tel-Aviv International Airport, and a canine unit inspector of the Amtrak Police Department, and others testified at a hearing on the issues associated with the government's efforts to ensure that airport perimeters are properly secured from internal and external threats.
Today President Obama took a big step forward in his goal to strengthen the economy and strengthen the middle class with the nomination of Richard Cordray as Director of the Consumer Financial Protection Bureau.
It has been one year since President Obama passed financial reform to help tackle the problems that created the financial crisis that pulled the economy into the worst recession we've seen since the Great Depression, As the President described today, the law did three things, "First, it made taxpayer-funded bailouts illegal, so taxpayers don’t have to foot the bill if a big bank goes under. Second, it said to Wall Street firms, you can’t take the same kind of reckless risks that led to the crisis. And third, it put in place the strongest consumer protections in history."
Russian banker and media tycoon Aleksandr Lebedev says he would like to remake Rupert Murdoch’s defunct News of the World if he is able to sell some of his assets, according to reports.
Lebedev, the owner of the London Evening Standard newspaper, wants to remake the News of the World under a different brand, the businessman told Bloomberg. He suggested “World News” as a new name.
“I wish, but I don’t think my pocket is deep enough at the moment, but if I’m able to sell any of my businesses, be it Aeroflot or banking, then I’m really very much interested,” according to reports Lebedev said in an interview in his office in Moscow.