Rupert Murdoch, whose creation of Fox News made him a force in American politics, is stepping down
NEW YORK – Magnate Rupert Murdoch’s surprise announcement Thursday that he’s stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire. The 92-year-old Australian billionaire’s creation of Fox News Channel has made him an enduring force in American politics. … Read more