James Murdoch

The Delaware Supreme Court on Friday cut legal fees owed by Tesla Inc. (NASDAQ:TSLA) to $70.9 million from $176.1 million in a shareholder lawsuit over director compensation. The court ruled that a Delaware Chancery Court judge overvalued the settlement when determining attorney fees. Lawyers...

The Murdoch family’s long-running succession battle has ended, with Lachlan Murdoch cemented as the new leader of Rupert Murdoch's vast media empire, including Fox News and News Corp. Fox News will remain unchanged, continuing its conservative direction as favored by...

Billionaires like James Murdoch, Reid Hoffman and others are throwing their weight behind a new centrist push inside the Democratic Party. At the heart of this effort is WelcomeFest, a Washington gathering aimed at energizing moderate voices and building a structured political movement to...

Tesla Inc. (NASDAQ:TSLA) directors including Chair Robyn Denholm have reportedly gotten court approval for a settlement to resolve allegations that they overpaid themselves. What Happened: As per the terms of the settlement, Tesla board members will return roughly $277 million in cash and $459...

Award-winning HBO series "Succession," which centered on a media company's patriarch struggle to find a successor for his company was a work of fiction that was well loved by viewers. The real-life story that inspired the hit show is set to play out in court beginning this week. What Happened: A...

As Tesla Inc (NASDAQ: TSLA)'s valuation continues to soar, doubling from January lows, and investors flock to the electric vehicle maker, some are wondering if the company will finally start paying dividends. Would such a move be in line with Tesla's strategy, and what would it...

Tesla Inc's (NASDAQ: TSLA) board of directors was not obligated to review CEO Elon Musk’s 2018 tweet in which he said he was taking the automaker private, according to the testimony of two directors at a trial brought by investors who allege fraud. What Happened: The two board...

Tesla Inc. (NASDAQ: TSLA) director James Murdoch created a stir by reportedly suggesting that CEO Elon Musk has already identified a potential successor to replace him. He disclosed this while testifying in the Musk compensation trial that is currently underway in the Delaware Chancery Court....

Twenty-First Century Fox Inc (NASDAQ: FOXA) dipped Thursday on at least two separate reports that 84-year-old Rupert Murdoch will soon step down as chief executive. "The matter of succession is on the agenda at our upcoming, regularly scheduled board meeting," Fox said in a statement Thursday to...

News Corp. (NASDAQ: NWSA) Chairman and Chief Executive Officer Rupert Murdoch has resigned as a director of a number of newspapers his company controls. The directorships which he has given up include News International, the U.K. division that publishes the Times and the Sun. He also stepped down...