1. Lean on Us

    News Corp. Board: We Support Murdoch

    Rupert Murdoch, chairman and CEO of News Corp., leaves after attending the funeral service for journalist Marie Colvin, Monday, March 12, 2012 at St. Dominic Roman Catholic Church in Oyster Bay, N.Y. The 56-year-old Colvin was a longtime reporter for Britain's Sunday Times. She and French photographer Remi Ochlik were killed Feb. 22 in shelling in Homs, Syria. (AP Photo/Mark Lennihan)

    Mark Lennihan / AP Photos

    News Corp.’s board of directors is sticking by their big guy. The board announced Wednesday that they are fully standing behind Rupert Murdoch less than two days after a British parliamentary committee had called the chief executive “unfit” to run the corporation’s international business. The board said its “vote of confidence” stemmed from “Murdoch’s vision and leadership” and his “demonstrated resolve.” Murdoch said in a statement yesterday to staff that he regretted not looking deeper into the hacking scandal, adding that executives have “taken our share of responsibility for not rectifying the situation sooner.”

    Read it at Reuters