Bloomberg Business

Turkish Opposition Targets Market Regulators After Stock Turmoil

Turkey’s main opposition party filed a criminal complaint against top market regulators, alleging they failed to fulfill their duties by refusing to halt trading on the nation’s main stock exchange following the Feb. 6 earthquakes.

Murdoch’s News Corp to Cut 5% of Staff After Earnings Plunge

Billionaire Rupert Murdoch’s News Corp. said it will cut 5% of its staff this year, or about 1,250 positions, across its empire after earnings plunged in its book publishing, news media and digital real estate divisions.

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