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U.S. Morning Call: UK lawmakers harshly rebuke News Corp

Tuesday, May 01, 2012 - 02:22

May 1 - UK lawmakers discuss a government report that says News Corp showed a ''willful blindness'' about the scale of phone-hacking at its News of the World tabloid.

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Here's your morning offer this Tuesday at stinging rebuke from news -- and the Murdoch's UK lawmakers now discussing government report that says the media giants showed. He will outline of the scale phone hacking at news of the world tabloid. The long awaited reports is reformer not is not fit to run a major international company which had huge ailments of corporate governance. However that's sentence cause great disagreement among committee members and force them not to support their own report. For his part James Murdoch has faulted for displaying an astonishing lack of curiosity. Which may force him to sever his last ties with these -- News Corp. for its part says -- reviewing the report but acknowledges it significant wrongdoing at news of the world and apologizes. One victory and one defeat for JPMorgan CEO -- -- I SS proxy advisory services as diamonds 23 point one million dollar paycheck is. OK okay but he should have to give up his job as chairman of the group making that recommendation is that the CEO and chairman roles and it makes me keep -- A proposal to split the -- world that Wells Fargo received the backing of 30% of shareholders. At a meeting last week that's up 30% from the year before. On the economic front today the ISM report on US manufacturing economists in Reuters poll. Looking for a slight decline to 53 in April Thomson Reuters -- -- our market says this when I'm I'm modest growth would expect employment component to -- -- a bit IR -- manufacturing growth will slow this quarter. The report comes out at 10 AM. Group body shaking up its -- Starbucks CEO Howard still is one of two members leading. The other venture capitalists they are being replaced by two financial expert vice chairman it's a -- and CFO of American Express. And this comes as the daily -- site tries to address criticism of its accounting practices. Shares touched a new low Monday at ten dollars and 64 cents. Stocks to watch today it BP. Wal-Mart after New York City comptroller's at a group for the city pension funds. Although -- shares against -- of the retailers directors. On allegations of bribery involving its Mexican subsidiary. As a morning called this Tuesday I'm John Rogers this is Reuters Insider.

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U.S. Morning Call: UK lawmakers harshly rebuke News Corp

Tuesday, May 01, 2012 - 02:22