Entries in shareholder (2)


News Corp CEO Rupert Murdoch to Face Shareholders

WILLIAM WEST/AFP/Getty Images(LOS ANGELES) -- News Corp. CEO Rupert Murdoch may be taking some heat from shareholders on Friday when they get together for the company's annual shareholders meeting in Los Angeles.

Criticism is expected over the phone hacking scandal in Britain that forced News Corp. to close its best selling tabloid, The News of the World.  It is alleged that the newspaper hacked the phones of more than 4,000 politicians, crime victims and celebrities in an effort to get juicy stories.

During Friday's meeting, shareholders will also have the chance to vote on the company’s board members, including Murdoch and his sons, James and Lachlan.

Copyright 2011 ABC News Radio


BP Holds First Shareholder's Meeting Since Gulf Disaster

JIM WATSON/AFP/Getty Images(LONDON) -- In London, they're holding the first BP general shareholders' meeting since the disastrous spill in the Gulf of Mexico.    

The meeting has focused on the anger felt by many still affected on the Gulf Coast. Mindful of mood, BP Chairman Carl Henric Svanberg addressed the issue head-on. "Everyone at BP is shocked and saddened that this accident happened."

"We will do all that we can to prevent such an accident from happening again, he promised.

But critics aren't so sure that lessons will be learned.

Copyright 2011 ABC News Radio

ABC News Radio