Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

24 Jan. (Reuters) – Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company also explores a sale of Move Inc, which operates the website Realtor.com, to CoStar Group, according to reports a legal request and resources familiar with the process. Three sources familiar with the matter … Read more

US home sales fall to 12-year low; glimmers of hope appear

US home sales fall to 12-year low;  glimmers of hope appear

Existing home sales fell 1.5% in December Sales fall 17.8% in 2022, the sharpest annual decline since 2008 Median house price rises by 2.3% compared to a year ago WASHINGTON, Jan. 20 (Reuters) – Existing home sales in the US fell to a 12-year low in December, but falling mortgage rates fueled cautious optimism that … Read more