News Corp. executives have confirmed they are considering dividing the company in two. One new company would hold all of News Corp.'s profitable entertainment and television outlets. The other would hold all of its newspaper and publishing outlets. The move is seen as a way for the Murdoch family to hang on to its less profitable and troubled newspapers while pleasing investors with a newly independent and far more profitable entertainment company.
In advance of the Supreme Court's ruling on the Obama health care law, Renee Montagne talks to Jamal Greene — associate professor at Columbia Law School and former clerk for Justice John Paul Stevens — about how the Supreme Court thinks through momentous cases.
NPR's business starts with living wills for banks.
The nation's biggest banks are getting ready to file plans with the government for how they would unwind their assets if they were to fail. The plans are called living wills. Regulators want to avoid the type of damage the collapse of Lehman Brothers had on the financial system. Big banks have a July 1st deadline to submit their living wills to the Federal Reserve and FDIC. Transcript provided by NPR, Copyright NPR.
College football fans are belting out a one word chant this morning: Finally. As in finally, there's a post-season playoff at the sport's highest level. Yesterday, a committee of college presidents approved a four-team, three game plan. When it starts in 2014, it'll end major college football's isolation as the only big time team sport that does not decide its championship with a playoff. NPR's Tom Goldman has more.