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Thursday June 28, 2012
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BUSINESS & FINANCE

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    News Corp.'s board unanimously approved a plan to split the conglomerate in two pieces, separating its lucrative entertainment operations from its publishing business, said a person familiar with the situation.

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    Barclays agreed to pay $453 million in fines after admitting that traders and executives tried to manipulate benchmark interest rates tied to loans and financial contracts around the world.

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    Google stepped up its campaign to become a major player in the consumer-electronics market, topped by a $199 tablet computer.

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    Home-sales data provided fresh support for the view that the strong start to the spring buying season marked the beginning of a recovery.

WORLD-WIDE

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    The Supreme Court is set to rule on the health-care law. The decision, which is expected by Thursday morning, could reshape the health-care industry, shift legal precedent and amplify the role health care has played in this year's elections. Regardless of the outcome, states will still struggle with the mushrooming cost of Medicaid.

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    Vermont and other states are striking out on their own to find a solution to high costs and the uninsured.

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    Wildfires continued to rage in Colorado, destroying hundreds of homes and forcing over 32,000 people in Colorado Springs to evacuate.

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    Gunmen in Syria raided a pro-Assad TV station, killing seven, in what officials called a rebel atrocity. Rebels deny they target the media.

U.S. NEWS

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FOOTNOTES

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