Staffers at Fox News have been on pins and needles for the past day awaiting the fate of CEO Roger Ailes, even as a person familiar with the deliberations confirmed to CNNMoney that Ailes' removal is an option that the Murdochs are currently considering.
Britain's vote to leave the European Union is already weighing on the world economy and could push growth below 3% for the first time since the global financial crisis.
Softbank shares tumbled Tuesday as investors reacted to the company's $32 billion purchase of ARM Holdings, one of the U.K.'s most successful tech companies.
Steven Spielberg has been elected to the board of the Academy of Motion Picture Arts and Sciences, in an election that garnered more attention this year amid the controversy surrounding the #OscarsSoWhite campaign.