1. Scandal

    Report: BSkyB to Keep James Murdoch

    Kirsty Wigglesworth / AP Photo

    It looks like News Corp.'s James Murdoch will get to keep his gig at British Sky Broadcasting for now. Murdoch won the unanimous support of the BSkyB board, sources say. The broadcaster's board was pressured to review Murdoch's role as nonexecutive chairman after his parliamentary testimony was called into question by two former employees. The hacking at News of the World may have occurred before Murdoch took over News Corp.'s U.K. papers, but he authorized settlements to hacking victims.

    Read it at Bloomberg