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Uphill Fight For Murdoch In His Effort To Alter Trust.

Authors :
RUTENBERG, JIM
MAHLER, JONATHAN
Source :
New York Times. 12/21/2024, Vol. 174 Issue 60375, pB1-B3. 2p.
Publication Year :
2024

Abstract

The New York Times article delves into Rupert Murdoch's efforts to modify his family trust to solidify his son Lachlan's control over his media empire, currently shared among Murdoch's four eldest children. Legal challenges and potential consequences of this trust alteration are discussed. The article also touches on President-elect Donald J. Trump transferring his Trump Media & Technology Group shares to a trust managed by his son, prompting concerns about conflicts of interest. Furthermore, the departure of Neil Cavuto from Fox News after hosting a program for 28 years is briefly mentioned. Cavuto, a respected anchor known for his critical views on President Trump, announced his exit following a battle with Covid-19 that led him to the ICU. He emphasized the importance of vaccination and leaves a legacy of integrity and commitment to journalism in business news. [Extracted from the article]

Details

Language :
English
ISSN :
03624331
Volume :
174
Issue :
60375
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
181816719