James Murdoch quits role at U.K. newspaper branch
World BusinessMar 1, 2012
LONDON (AP) ― James Murdoch, his credibility diminished and his future at the helm of his father’s media empire in doubt, has stepped down as executive chairman of News International, the troubled British newspaper subsidiary embroiled in a deepening phone hacking scandal.The move ― which the company cast as allowing Rupert Murdoch’s younger son to focus on News Corp.’s international TV holdings ― plucks the one-time heir apparent out of the cross-hairs of the crisis that has spurred judicial an