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The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the artificial intelligence company said in a statement. Mira Murati, OpenAI’s chief technology officer, will take over as interim CEO effective immediately, the company said, while it searches for a permanent replacement. While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. Forrester analyst Rowan Curran said Altman's departure, “while sudden,” does not likely reflect problems with OpenAI's business.
Persons: Sam Altman, , Mira Murati, Altman, what’s, He's, Greg Brockman, Ilya Sutskever, Adam D’Angelo, Tasha McCauley, Helen Toner, Mira, , Paul Graham, “ Sam, Graham, ” OpenAI, Elon Musk, Musk, Elon ”, Rowan Curran, ” Curran, Haleluya Hadero, Kelvin Chan, Michael Liedtke, David Hamilton Organizations: Associated Press, OpenAI, Economic Cooperation, Georgetown Center for Security, Emerging Technology, Microsoft Locations: openai, London, Asia, San Francisco, New York
Drumnadrochit, Scotland CNN —It’s not the volume of water in Loch Ness that impresses, although that’s substantial. The "surgeon's photographs" of 1934 are the most famous images of the Loch Ness Monster -- although they were later exposed as a hoax. “It’s a really bizarre extended family of Loch Ness enthusiasts,” says McKenna, his love for the project glowing in every word. But, says McKenna, “Loch Ness is so fascinating that it can cause these mirages. Until then, the Loch Ness Exploration group meets monthly on the loch and is free and open to everyone — believers, sceptics and agnostics alike: details are on the public Facebook page.
Persons: Scotland CNN — It’s, , Alan McKenna, Jeff J Mitchell, you’ve, you’ll, Loch, it’ll, Hugh Gray, Aldie McKay, Saint Columba, Aleister Crowley’s, Jimmy Page, Adrian Shine, Rasputin, Santa, He’s, McKenna, Steve Feltham, who’s, , Alistair Matheson, Aldie, We’re, Loch Ness, Russell Cheyne, Matheson, we’ve, Andy Buchanan Organizations: CNN, Scotland CNN, Edinburgh, Getty, Loch, Keystone, , Reuters, Pacific . Locations: Drumnadrochit, Scotland, Loch Ness, guesthouses, Isle, Skye, Boleskine, Santa Claus, Edinburgh, Loch, , Pacific, AFP
REUTERS/Nick Oxford/File Photo Acquire Licensing RightsNov 7 (Reuters) - Oil prices slipped by 1% on Tuesday, erasing most of Monday's gains, as mixed economic data from the world's second largest oil consumer China and winter demand worries offset the impact of Saudi Arabia and Russia extending output cuts. Both benchmarks gained about 30 cents on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Expectations of crude run reductions by China-based refiners between November and December may limit oil demand and exacerbate price declines. Looking ahead on the supply side, markets are waiting to see how long Saudi Arabia and Russia are ready to rein in production. Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December.
Persons: Nick Oxford, Leon Li, Kelvin Wong, Trixie Yap, Yuka Obayashi, Jamie Freed, Simon Cameron, Moore Organizations: Midland , Texas U.S, REUTERS, Brent, U.S, West Texas, Markets, ING, Thomson Locations: Midland , Texas, China, Saudi Arabia, Russia, Shanghai, OPEC, Moscow, Singapore, Tokyo
Gold slips as yields tick higher, Powell speech in focus
  + stars: | 2023-11-06 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Friday, Oct. 13, 2023. Gold prices slipped on Monday due to a slight uptick in U.S. bond yields, ahead of a speech by Federal Reserve Chair Jerome Powell later this week for more clarity on the interest rate outlook. Spot gold was down 0.4% at $1,983.49 per ounce by 0444 GMT after rising above the key $2,000 level on Friday. "The major factor that will influence gold in the near-term will be the U.S. 10-year Treasury yields ... if you start to see resurgence in yields, gold could break below the key support level around $1,974," said Kelvin Wong, senior market analyst for Asia Pacific at OANDA. Benchmark 10-year Treasury yields rose to 4.5910% after hitting a five-week low on Friday, decreasing appeal for non-yielding bullion.
Persons: Jerome Powell, Kelvin Wong Organizations: Korea Gold Exchange, Federal, Asia Pacific, Traders, Trust, ANZ Locations: Seoul, South Korea, U.S
"The people of New York (are) amazing," said Tola, who hoisted his arms aloft as he claimed his first World Marathon Major title after taking third in London earlier this year. Obiri produced an extraordinary final kick in the women's race to outlast Ethiopian Letesenbet Gidey, who crossed the finish line about six seconds behind, as last year's winner, Kenyan Sharon Lokedi, finished third in 2:27:33. Swiss Marcel Hug broke the tape in 1:25:29 in the men’s wheelchair race, picking up a record-extending sixth title in New York, while his compatriot, Catherine Debrunner, won the women's race in 1:39:32. The race capped a blockbuster year for the World Marathon Majors in which both the men’s and women’s world records were obliterated. Kenyan Kelvin Kiptum beat compatriot Eliud Kipchoge's world record mark in Chicago last month, while Ethiopian Tigst Assefa shattered the women's record in Berlin in September.
Persons: Mike Segar, Tola, Obiri, Kenyan Albert Korir, Kitata, Gidey, Sharon Lokedi, Swiss Marcel Hug, Catherine Debrunner, Kenyan Kelvin Kiptum, Eliud, Assefa, Amy Tennery, Andrew Heavens, Christian Radnedge, Toby Davis Organizations: New York, REUTERS, New York City Marathon, Kenyan, triumphing, Ethiopian, Thomson Locations: New York, United States, London, Boston, Swiss, Chicago, Berlin
The Final Push for a Sub-Two Hour Marathon Is Here
  + stars: | 2023-11-04 | by ( Laine Higgins | ) www.wsj.com   time to read: 1 min
Kelvin Kiptum lowered the men’s marathon world record by a whopping 34 seconds at the Chicago Marathon in early October. It’s the next 36 seconds, however, that loom larger in the sport as it chases a historic milestone: a sub-two hour marathon. The two-hour mark is to the marathon what a four-minute mile was before Roger Bannister broke the barrier in 1954. Both milestones are arbitrary—they possess the allure of a nice round number—yet the pursuit of them has propelled athletes to change their approach to running.
Persons: Kelvin Kiptum, It’s, Roger Bannister Organizations: Chicago Marathon
Michael Reaves/Getty ImagesThe two records in quick succession heightened the debate about how carbon-plated shoes – commonly referred to as “super shoes” – are rapidly changing the distance-running landscape. Today, they are worn by virtually all elite marathon runners, both for racing and for training, and by many casual runners, too. Tobias Schwartz/AFP/Getty ImagesThompson has other reservations about super shoes. “A lot of people say, well, people recover faster from training in the super shoes and therefore they can do more training, better training,” he added. “What I believe I’m seeing is that those who train all the time in super shoes will reduce their body’s ability to optimize biokinetic energy production.
Persons: Assefa, Bjørn Gulden, Kelvin Kiptum, Eliud Kipchoge, Michael Reaves, Peter Thompson, what’s, ” Thompson, … who’s, who’s, Thompson, hadn’t, I’ve, , Luciano Lima, , ” Thomas Allen, Tobias Schwarz, Sifan Hassan, Chicago –, haven’t, ” Tim Hutchings, ” Hutchings, they’re, it’s, It’s, Jaroslav Svoboda, Hutchings, “ We’re, Eliud, Tobias Schwartz, “ I’m Organizations: CNN, Berlin Marathon, Adidas –, Chicago Marathon, Nike, Reebok, Adidas, Getty, Berlin, Runners, Manchester Metropolitan University, World Athletics, York City Marathon, Puma, Athletics Locations: Berlin, Chicago, Great Britain, Prague, York
When Kelvin Kiptum, of Kenya, broke the world marathon record in early October, he threatened a landmark barrier of human possibility: running 26.2 miles in less than two hours in a competitive race. Kiptum’s time of 2 hours 35 seconds at the Chicago Marathon brought him tantalizingly close to the milestone, a feat achieved once — by a fellow Kenyan in a 2019 exhibition — but only by using pacing and hydration tactics that rendered the performance ineligible for a record. Yet because Kiptum’s triumph came as Kenyan athletics is struggling with an alarming doping crisis, the 23-year-old record-holder — who has not been accused of doping — found himself discussing not only what he had done in Chicago, but what he had not. The record time, Kiptum told reporters when he returned to Kenya, was the product of running 150 miles or more per week at altitude, not the use of banned substances. “My secret is training,” he said.
Persons: Kelvin Kiptum, tantalizingly, , Kiptum, , Organizations: Chicago Marathon, Kenyan, New York City Marathon Locations: Kenya, Kenyan, Chicago, East
NAIROBI, Kenya (AP) — King Charles III has expressed “greatest sorrow and the deepest regret” for the “abhorrent and unjustifiable acts of violence” committed against Kenyans as they sought independence, during a speech on his first day of a four-day visit. The king and Queen Camilla touched down in the capital, Nairobi, late Monday. Another group of protesters briefly chanted anti-British songs and threw roses at the foot of a monument to Mau Mau veteran Dedan Kimathi in Nairobi's central business district on Tuesday. “Just because the king is in Kenya, police have denied us our constitutional right to protest peacefully,” Juliet Wanjira, one of the organizers, said. During his visit, Britain announced 4.5 million pounds ($5.5 million) in new funding to support education reforms in Kenya.
Persons: — King Charles III, , explicity, Charles, William Ruto, Ruto, ” Ruto, Buckingham, Kenya's, that's, Charles ’, Queen Elizabeth II, Queen Camilla, Koigi Wamwere, ” Salim David Nganga, Joel Kimutai Kimetto, , Kelvin Kubai, Dedan Kimathi, ” Juliet Wanjira, Wanjira Mathai, Wangari Maathai, Prince Philip Organizations: Kenyans, Kenyan, AP, British, Britain, Commonwealth, Aberdare National Locations: NAIROBI, Kenya, Britain, Commonwealth, East, Nairobi, Mau Mau, Nairobi's, Africa, South Africa
A quick-and-easy test is to look for two items, said Sonu Shivdasani, founder of Soneva and Six Senses hotel brands. First, sustainable hotels should not have branded water of any sort, he told CNBC Travel. "Governments can create the context, but businesses need to make the change," Shivdasani told CNBC Travel. Source: SonevaShivdasani said he decided to institute a guest environmental levy after the company measured its "scope 3" emissions. Shivdasani said that after Soneva determined that 85% of its carbon emissions were "scope 3" emissions, the company introduced the 2% carbon levy.
Persons: Sonu Shivdasani, Soneva, Shivdasani, that's, It's, it's, Eva, Soneva Shivdasani, Kelvin Law Organizations: CNBC Travel, Nanyang Technological University, CNA, Soneva, World Health Organization Locations: Maldives, Thailand, British, India, Myanmar, Darfur, Sudan
Citizens aged 65 and above make up almost a fifth of Singapore's population in 2023. Nicky Loh | Bloomberg | Getty ImagesSINGAPORE — Singapore's population is aging fast. As the median population age increases, so do opportunities for Singapore businesses providing products and services for seniors. According to Aging Asia's Silver Economy Index 2020, Singapore shows the largest market potential for an aging population among 15 Asia-Pacific countries. Citibank estimates that consumers will likely spend more to treat and support the elderly, driving growth potential for health care and health services.
Persons: Nicky Loh, Kelvin Tan, Janice Chia, Tan, boomers, Vanessa Keng, Keng, , Ng Li Lian, Ng Organizations: Bloomberg, Getty, SINGAPORE, Citizens, Asia's, Aging, Singapore University of Social Sciences, gerontology, Citibank, Kelvin Tan Singapore University of Social Sciences, Research, Singapore's Ministry of Health Locations: Singapore, Asia, Pacific, Aging Asia, SUSS
SINGAPORE, Oct 27 (Reuters) - Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria raised concerns of a widening of the Israel-Hamas conflict that could impact supply from the key Middle East producing region. Though the strike did not directly impact supply, it increases fears that the conflict in the Gaza Strip between Israel, backed by the U.S., and Hamas may spread and disrupt supply from major crude producer Iran, which backs Hamas. A wider war could also impact shipments from Saudi Arabia, the world's largest oil exporter, and other large producers in the Gulf. Both Brent and WTI are on track to post their first weekly drop in three weeks as the geopolitical premium built on these fears has ebbed as there has been no disruption of oil supply outside of the immediate region of the fighting. Israeli forces carried out their biggest Gaza ground attack in their 20-day-old war with Hamas overnight, angering the Arab world.
Persons: Brent, WTI, Kelvin Yew, Benjamin Netanyahu, Helima Croft, Goldman Sachs, Florence Tan, Sam Holmes, Christian Organizations: U.S, Brent, U.S . West Texas Intermediate, Islamic Revolutionary Guard Corps, Pentagon, Ocean, Investments, RBC Capital, Thomson Locations: SINGAPORE, Syria, Israel, U.S, Iraq, Gaza, Iran, Saudi Arabia, United States, Hormuz, Russia
Oil set for first weekly drop in three as Mideast situation holds
  + stars: | 2023-10-27 | by ( ) www.cnbc.com   time to read: +2 min
In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Oil prices rose on Friday, regaining ground after tumbling more than $2 a barrel in the previous session as concerns of a wider Middle East conflict eased while the United States, the world's biggest oil consumer, showed signs of weakening demand. Both contracts are on track to post their first weekly drop in three weeks as the geopolitical premium built on fears that the Israel-Gaza conflict could involve more countries in the Middle East and disrupt oil supply has eased. Israeli forces carried out their biggest Gaza ground attack in their 20-day-old war with Hamas overnight, angering the Arab world. Prices could jump 20% in the less likely scenario of an interruption of trade through the Strait of Hormuz where 17% of global oil production transit, they said in a note.
Persons: Kelvin Yew, Benjamin Netanyahu, Helima Croft, Goldman Sachs, Brent Organizations: Enterprise, Brent, West Texas, Ocean, Investments, RBC Capital Locations: Sealy , Texas, United States, Israel, Gaza, Hormuz, Saudi Arabia, Russia
How Nike Fell Behind in the Innovation Race
  + stars: | 2023-10-21 | by ( Inti Pacheco | ) www.wsj.com   time to read: 1 min
Nike said sales of footwear in North America—its largest market—fell 2% in the latest quarter. Photo: Benjamin Girette/Bloomberg NewsNike made a swift comeback earlier this month in the super-shoe fight when marathon runner Kelvin Kiptum set a world record while wearing a new iteration of the company’s Alphafly 3. But the sneaker maker is losing steam in other races. Competitors such as Hoka and On are gaining a foothold among runners and with people who are looking for something comfortable to wear to work or school. Adidas and New Balance are also making headway in the market for streetwear by bringing back old models in dozens of colorways, moves similar to those from Nike’s own playbook.
Persons: Benjamin Girette, Kelvin Kiptum Organizations: Nike, Bloomberg News Nike, Adidas, streetwear Locations: North America
Gold jumps on safe-haven demand after Gaza hospital strike
  + stars: | 2023-10-18 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices rose to a one-month high on Wednesday, after a deadly blast in Gaza fueled fears about the regional conflict escalating and kept the safe-haven asset a favored choice against war risks. Spot gold rose 0.8% to $1,938.19 per ounce by 0501 GMT, after scaling its highest since Sept. 20 earlier in the session. "Safe-haven flows amid geopolitical tensions in the Middle East have remained the dominant catalyst for gold prices," IG market strategist Yeap Jun Rong said. Gold prices have surged about $100 since the conflict began, despite recent robust U.S. economic data boosting bets of higher-for-longer interest rates, which tends to weigh on non-yielding gold. Investors now await Federal Reserve Chair Jerome Powell's speech on Thursday for cues on interest rates.
Persons: Kelvin Wong, Yeap Jun Rong, Jerome Powell's, OCBC, Bullion Organizations: Asia Pacific, West Bank, Investors, Federal Locations: Gaza, OANDA, Gaza City
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. US West Texas Intermediate (WTI) crude gained $1.98, or 2.39%, to $84.89 a barrel. "(A) geopolitical risk premium still lingers around the corner that is likely to support oil prices in the short-term," said Kelvin Wong, senior markets analyst at OANDA in Singapore. Russia is the world's second-largest oil producer and a major exporter and the tighter U.S. scrutiny of its shipments could curtail supply. Oil prices also shrugged off data released on Friday showing a month-on-month decline in Chinese crude imports.
Persons: Brent, WTI, Kelvin Wong, Wong, Daniel Hynes, Hynes, Paul Carsten, Katya Golubkova, Andrew Hayley, Christian Schmollinger, Deborah Kyvrikosaios Organizations: REUTERS, U.S, US West Texas, Hamas, OANDA, Organization of, Petroleum, ANZ, OPEC, Thomson Locations: Cushing , Oklahoma, U.S, Brent, Israel, Singapore, East, Russia, Moscow, Ukraine, China, London, Tokyo, Beijing
But the Israel-Hamas war has underscored how the platform now transformed into X has become not only unreliable but is actively promoting falsehoods. “People are desperate for information and social media context may actively interfere with people’s ability to distinguish fact from fiction,” said Gordon Pennycook, an associate professor of psychology at Cornell University who studies misinformation. But unlike X, TikTok has never been known as the No. Meanwhile, in Europe, major social media platforms are facing stricter scrutiny over the war. “Our policy is that everything is open source and transparent, an approach that I know the EU supports,” Musk wrote on X.
Persons: Ian Bremmer, , algorithmically, , Gordon Pennycook, TikTok, Kolina Koltai, Koltai, we’ve, Joe Biden, Vladimir Putin, Pennycook, Michelle Donelan, Thierry Breton, Musk, ” Musk, ” Breton, ___ Kelvin Chan Organizations: Twitter, Elon, YouTube, Facebook, Cornell University, Media, Press, Israel, Reuters, Britain’s, Google, Digital Services, EU Locations: Israel, Europe, London
“This legislation will help tackle the risks of social media affecting our children and protect their privacy.”The regulations sought by James and Gov. The legislation in New York also follows actions taken by other U.S. states this year to curb social media use among children. In March, Utah became the first state to pass laws that require minors to get parental consent before using social media. The U.S. Supreme Court is preparing to decide whether state attempts to regulate social media platforms violate the Constitution. The justices will review two laws from Florida and Texas that mostly aim to prevent social platforms from censoring users based on their viewpoints.
Persons: Letitia James, , ” James, Kathy Hochul, Kathleen Spence, Spence, ” Spence, Antigone Davis, Meta’s, , Carl Szabo, NetChoice, James, TikTok, . Indiana, Maysoon Khan, Kelvin Chan Organizations: YouTube, James, New York Child Data, , European Union, Digital Services, General Data, EU, Regulators, The, Meta, TikTok, U.S, Supreme, Associated Press Locations: York, “ Young, Europe, California, New York, Utah, Arkansas, ., Florida, Texas, Albany, London
Gold steady as Fed officials adopt dovish policy tone
  + stars: | 2023-10-11 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices held near a more than one-week high on Wednesday as the dollar edged lower after several U.S. Federal Reserve officials suggested that the recent surge in Treasury yields might make further rate hikes less necessary. Spot gold was trading at $1,859.43 per ounce as of 0529 GMT after hitting its highest level since Sept. 29 on Tuesday. The dollar dipped to nearly a two-week trough against a basket of currencies, tracking a slide in U.S. Treasury yields that have retreated from their 2007 highs scaled last week. Higher rates raise the opportunity cost of holding gold, which is priced in dollars and does not yield any interest. Elsewhere, spot silver rose 0.2% to $21.85 per ounce, platinum gained 0.6% to $885.93 and palladium added 0.5% at $1,175.13.
Persons: Kelvin Wong, Neel Kashkari, Raphael Bostic, Wong Organizations: . Federal Reserve, Treasury, Asia Pacific, OANDA . Minneapolis, Atlanta Fed, CPI Locations: Moscow, Russia, ., U.S, OANDA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvents in the Middle East won't have a 'major negative impact' on global markets, UBS saysKelvin Tay, regional chief investment officer of UBS Global Wealth Management, says the Russia-Ukraine war was "much bigger" for global markets, but they "are a lot higher than where they were prior to the outbreak of the conflict."
Persons: Kelvin Tay Organizations: UBS, UBS Global Wealth Management Locations: Russia, Ukraine
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Persons: Dow Jones
Oil Futures Surge on Concern Israel-Hamas Conflict to Escalate
  + stars: | 2023-10-09 | by ( ) www.wsj.com   time to read: 1 min
Oil prices surged after the conflict between Israel and Hamas intensified, and traders are watching for spillover effects on oil supply in the region. Futures for Brent crude, the global benchmark, rose about 4% to $87.97 a barrel, and West Texas Intermediate crude futures climbed 4.3% to $86.36 a barrel on Monday in Asia. The moves were a knee-jerk response from the market, said Kelvin Yew, a senior oil trader at the commodity-trading firm Ocean Leonid Investments. “There is very little oil production in that region, but the market is pricing in the possibility of an escalation,” Yew said. Iranian security officials helped plan Hamas’s attack on Israel, The Wall Street Journal has reported.
Persons: Kelvin Yew, ” Yew, Yew Organizations: Brent, West Texas, Investments Locations: Israel, Asia, U.S, Iran
CNN —Kenya’s Kelvin Kiptum broke the men’s marathon world record in Chicago on Sunday, becoming the first person to record a time faster than 2:01:00, crossing the line in 2:00:35. “I knew I was coming for a course record, but a world record – I am so happy,” Kiptum said afterwards, according to World Athleteics. He had remained outside world record pace at the halfway point with a time of 1:00:48 but accelerated 10 kilometers from the finish to seal his place in the history books. Kiptum poses with his medal and the clock after setting a world record men's marathon time of 2:00:35. Meanwhile, Sifan Hassan broke the women’s course record in Chicago with a time of 2:13:38, the second-fastest ever race, as she made her US marathon debut.
Persons: Kelvin Kiptum, Eliud Kipchoge, Kenya’s Benson Kipruto, Belgium’s Bashi Abdi, , ” Kiptum, , Kiptum, Michael Reaves, Sifan Hassan, Switzerland’s Marcel Hug, Catherine Debrunner Organizations: CNN, Athletics, Kenyan, US Locations: Chicago, London, Kipchoge’s
On Thursday, the U.S. said it was restarting deportations of Venezuelans who cross the U.S.-Mexico border unlawfully. Mexico, on Friday, said it was seeking to return migrants to Brazil, Colombia, Cuba, Nicaragua and Venezuela. A record of 417,000 migrants have crossed the Darien Gap this year, more than double the number in all of last year. "Crossing the Darien is hell," said Panama President Laurentino Crotizo in a statement, after touring the area via plane with Costa Rica counterpart Rodrigo Chaves. In the last three weeks, more than 27,000 migrants have been "persuaded to get down from trains," INM said.
Persons: Laurentino Cortizo, Rodrigo Chaves, Lajas, Sherly, Kelvin Romero, Laurentino Crotizo, Ana Cordova, INM, Elida Moreno, Valentine Hilare, Beth Solomon, Stephen Eisenhammer, Sandra Maler Organizations: Costa Rica, REUTERS Acquire, Migration Institute, Ore, Thomson Locations: Panama, Costa, Darien province, U.S, Mexico, Colombia, Venezuela, Brazil, Cuba, Nicaragua, Darien, Costa Rica, Venezuelan, Meteti, Mexico City
NEW YORK (AP) — Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is stepping down as leader of both Fox's parent company and his News Corp. media holdings. Fox said Thursday that Murdoch would become chairman emeritus of both companies, effective at board meetings in November. Stock in Fox Corp., while positive this year, began to decline early in 2022, due in part to lawsuits and investor anxiety over the loss of viewers to smaller media outlets. While Murdoch never ran for political office, politicians in the United States and Britain anxiously sought his approval. Murdoch dismissed them as isolated instances that were “largely political because we're conservative.”Shares of News Corp. and Fox rose Thursday in early trading.
Persons: — Rupert Murdoch, Fox, Murdoch, Lachlan, Lachlan Murdoch, Rupert Murdoch, Tucker Carlson, Michael Wolff, , Paolo Pescatore, ” Murdoch, James, Elisabeth, Prudence, Donald Trump, Wolff, Trump, Ron DeSantis, DeSantis, Britain's, Roger Ailes, Bill O'Reilly, ___, Kelvin Chan, Jill Lawless Organizations: Fox News, News Corp, Fox Corp, Fox, ABC, CBS, NBC, Street Journal, New York, Walt Disney Co, Marvel, Geographic, Channel, CNN, MSNBC, Stock, , Foresight, HBO, Forbes, Florida Gov, Sky, Sunday Times, Sun Locations: Adelaide, Australia, United States, Britain, Sky, London
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