In France, the price of a movie ticket includes a tax that's reinvested in the country's movie business. But the last installment of the Harry Potter franchise is playing outside of movie tickets, in concert halls, and ticket prices do not include the movie tax.
News Corp.'s Rupert Murdoch has abandoned his pursuit of one of the biggest business deals of his career -- buying the largest TV broadcaster in the U.K. -- following News Corp.'s recent phone hacking scandal.
Richard DeKaser, economist with the Parthenon Group, explains what he expects from Federal Reserve Chairman Ben Bernanke's testimony today on Capitol Hill, and what we can expect from the Federal Reserve.
News Corp.'s takeover of British Sky Broadcasting is looking less and less likely as the News of the World's cell phone hacking scandal deepens. And now U.S. lawmakers want to look into Murdoch properties in America.
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