NEW YORK (Reuters) - Rupert Murdoch's News Corp posted its biggest ever quarterly net loss, after taking an $8.4 billion writedown for the value of its Dow Jones acquisition, broadcasting licenses and other assets.
LOS ANGELES (Reuters) - Several lawsuits filed across the country in the past two weeks allege Netflix Inc and Wal-Mart Stores Inc improperly negotiated Wal-Mart's departure from the online video market in 2005 to enable both companies to benefit illegally, said a lawyer involved in two suits on Thursday.
DETROIT (Reuters) - U.S. auto suppliers said on Thursday the industry was in talks with the U.S. Treasury to secure emergency funding to avoid a wave of bankruptcies and a deeper crisis for cash-strapped automakers.
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