Apr 7, 2017
Week in Review, April 8
Pepsi once declared itself "The choice of a new generation". The savings will help boost operating profit margins by a new target of 20 per cent by 2020, up from 16.4 per cent. Federal prosecutors in the US are investigating Rupert Murdoch's Fox News Channel over whether a settlement with a victim of alleged sexual harassment was concealed from investors in 21st Century Fox, the network's parent company, according to two people briefed on the probe, writes Matthew Garrahan. The investigation, which is also examining whether other settlements were concealed, is taking place amid a flurry of new allegations and lawsuits against Fox News and its executives. The Big Read. Julie Roginsky, a Fox News contributor and political consultant, sued the network this week, in a lawsuit that named Bill Shine, the channel's co-president, as one of three defendants alongside Fox News itself and Roger Ailes, its former chairman.
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