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In Pictures: Rupert Murdoch's empire

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Facebook debut doesn't buoy stocks; Dow down 73

The Dow lost 73 points to close at 12369 on Facebook's big day. The index fell 3.5 percent on the week.
Stock market futures rebound as G-8 meet

Stock market poised to open higher as leaders of largest economies prepare to discuss Europe's debt crisis. Facebook shares also provide stock market lift.
The New Economy
Unemployment rate hits three-year low. Hooray? No, boo!

The unemployment rate for April was 8.1 percent, the lowest rate since President Obama took office. But the unemployment rate is falling for all the wrong reasons. 
UK Parliament: Murdoch unfit to lead

The damning language came amidst further investigation into the phone hacking scandal which has enveloped British media and politics.
Backchannels
Rupert Murdoch declared unfit to lead. The price of half-truths?

A UK parliamentary committee declared Rupert Murdoch 'unfit' to run his global media empire, which could have implications for his stake in the profitable satellite TV network BskyB.
Dow breaks 13000 but can't stay there

The Dow rose 15 points to close at 12965, just shy of the 13000 mark that it crossed earlier Tuesday. It was the first time the index had reached that mark since 2008.
Green Economics
Pension investing and developing countries

Institutional investors will turn to the developing world seeking higher returns but what are the risks of seeking those returns?
Stock market divide: Asia down, Europe up

Stock market indexes in Asia close lower on bad news out of Europe. But European stock market indexes rise on hopes for stronger US job data.
Tech stocks, market hit by Intel, Europe woes

Tech stocks fell on news that chipmaker Intel, a bellwether for tech stocks, cut its profit outlook. Moody's says it plans to review EU sovereign debt ratings, adding to the general market gloom.
The Vote
Why Herman Cain's poll numbers might rise even higher

Riding a wave of good feeling among GOP voters, Herman Cain is now virtually tied with ex-Gov. Mitt Romney at the top of the Republican rankings, according to recent polls.
At eurozone meeting, ministers find unity only in rejecting Geithner

At a meeting of European finance ministers in Poland, leaders largely rejected proposals from Treasury Secretary Timothy Geithner on how to rescue the ailing eurozone.
The Reformed Broker
August retail sales grind to a halt

Flat August retail numbers a bad sign for consumer spending and confidence
News Corp. announces new code of ethics. Will it make a difference?

In response to the phone-hacking scandal that engulfed News Corp.'s News of the World, founder Rupert Murdoch said his media empire would have a new code of ethics. It could help – if managers are serious about enforcing the rules, media experts say.
Rupert Murdoch phone-hacking scandal: US connections grow

In London Saturday, Rupert Murdoch issued full-page apologies for the phone-hacking scandal that has hit his media empire. Critics say his free-wheeling and politically conservative approach may have affected US journalism as well.
Rupert Murdoch: His empire under attack, a media potentate stumbles

The tawdry depths of the phone hacking scandal surrounding Rupert Murdoch's media empire have shocked the UK public and exposed the heights of his political influence.
Backchannels
Murdoch biographer says hacking scandal could take down key executives

Michael Wolff, author of a 2008 Murdoch biography, says the hacking scandal could take down Rupert Murdoch's son James and perhaps Les Hinton, one of Murdoch's longest-serving lieutenants.
In Pictures: Rupert Murdoch's empire
Stocks gain for third session. Microsoft falls.

Dow rises 75 points as stocks put together a three-day rally. But Microsoft falls after it announces purchase of Internet calling company Skype.
Stocks close at session highs on earnings

Technology stocks rallied, and the blue-chip index reached a high of nearly three years
GE hoax about its taxes won't hurt business

GE hoax, devised by a group of imposters who sent out a fake press release, tricked the Associated Press and Dow Jones news wires into publishing an incorrect story about how GE would give a $3.2 billion tax refund to Washington. Can the scammers behind the GE hoax hurt business?
Stocks end down for week amid uncertainty

Stocks on the Dow gained Friday. But the Dow average closed lower for the week, which turned out to be tumultuous for stocks.
The Vote
Ron Paul vs. Donald Trump: Who's got a better chance of being president?

Donald Trump told the CPAC gathering last week that Rep. Ron Paul had zero chance of being elected president. Paul hit back Monday. Who wins the presidential tale of the tape?
Why the Dow Jones average finally closed above 12000

The Dow Jones average closed at 12040.16 Tuesday. Crossing the 12000 level might encourage investors to spend more money.
The Reformed Broker
Brace yourself: The 2.0's are coming!

The Web 2.0's, that is. Here's the rundown on all the social media IPOs in the works. Exciting times to be in the market.
Legacy of the BP spill: What's a reputation worth?

The BP spill in the Gulf of Mexico caused a public outcry and savaged BP's share price. Image repair won't be easy.