Murdoch, a legend in the news and entertainment businesses whose TV ventures include Fox News Channel, will "serve as chairman of both companies and CEO of the media and entertainment company," the company added.
In the chicken and pork industries, nearly every aspect of the animals' raising has long been controlled by just a handful of agriculture conglomerates. But the cattle industry is still populated by mom-and-pop operations, at least at the calf-raising level.
In Syria's capital, Damascus, the Hamidiyah souk is a landmark — a centuries-old covered market linked to a maze of alleyways in the heart of the capital. Over the 15-month uprising, Syria's merchants have supported the regime of President Bashar Assad. But that support is crumbling.
Shops selling everything from cold drinks, ice cream and spices to wedding dresses and electric guitars line Hamidiyah's cobblestone streets.
After taking all 50 of its nuclear reactors offline following a devastating accident last year, Japan is planning to restart the first of two of them in western Fukui prefecture as early as Sunday.
The catastrophe at the Fukushima Dai-ichi nuclear plant in March 2011 forced Japan to scale back plans to aggressively expand its nuclear energy sector. But the highly controversial move to restart the two reactors on the other side of the country is a sign that the nuclear power lobby isn't throwing in the towel yet.
Ever since the Washington Post published a widely read piece last week whose central premise was that when Mitt Romney ran Bain Capital the firm invested in companies that shipped U.S. jobs abroad, President Obama, Vice President Biden and other Democrats have repeatedly cited it.