News Corp., the $34 billion media company based in New York, appointed Bedi Ajay Singh CFO of the publishing division, which is to be split off into a separate public company from the media and entertainment company, which will go by a new name, Fox Group. Singh, 52, most recently served as CFO and president of finance and administration at MGM Studios. Earlier he was CFO at Gemstar-TV Guide, Novartis Pharmaceuticals and SONY Pictures. He has also held previous finance positions at News Corp. He started his career at Arthur Andersen in London.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
Wage and hour settlements accounted for $1.2B of the total.
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