for a time it looked as if it would cost news corp. a lot of money. here's how the company's class a stock performed in new york throughout this year. as the scandal unfolded between july and early august, the share price fell by 25%. but rupert murdoch's not the sort of man you can write off. in fact, look at this. the stock has actually rebounded in recent months. if you look year to date it's actually up more than 20% for 2011. that, of course, is the headline news corp. will want its investors and would be investors to read. of course, the year will probably will remembered for the roll call of celebrities and high-profile britts who lined up to point a finger at murdoch and his journalists. perhaps the most damaging were allegations of phone hacking by the family of a murdered teenager. the scandal may not have inflicted lasting harm on news corp.'s share price, but the same really can't be said for its reputation. atika shubert explains. >> reporter: it was not a good year for rupert murdoch. in july, dozens of reporters, including myself, camped

by exactly fox news and news corp but they declaw me a is the animate slanted version of a revolutionary and it's funny because the i just kind of got lee's he said he was on the disney own channel he must be a cartoon character then they went to his. spouse of the working class backgrounds of the members of the panel and i'd just like to say on behalf of them they're not sleeping in this park they're not losing their health insurance they're not worried about their families losing their homes losing their jobs not be able for education so with all respect to these the battle of the a.b.c. this week leslie i do want to bad mouth them but as for the hack down of news corp oh yeah he's the kind of guy who likes to say democrats are racist because they feel that black people as opposed to calling them and he's like the republican party like. are you revolutionary i would like to think that i'm a reformer at heart i mean you know dr martin luther king jr turned this sort of movement a revolution dr cornel west told us not to be afraid to use that word and i feel that you know the hardest thi

hundred billion dollars i think into twitter now he also has huge stakes in things like apple in news corp and now it's twitter but i think that it brings up kind of an interesting dynamic too right because twitter is one of these organizations it's all about free speech and you look at saudi arabia which is a very free place when it comes to expressing yourself but are they supposed to say no to them you know what you think i think it calls for an experiment i think everybody needs to get together and start bringing forth all the human rights violations in saudi arabia and all the things that the rest of the world would be shocked to know goes on there and see what happens and tweet about them. bring it out into the agreat idea you know i don't care. if you know it is never gets discussed on the medias actually not on fox news we never talk about giving them sixty billion dollars in arms deals or what's going on there and don't have a stake in the news corp of course it's religion especially because you know twitter was such a pain in such an influential role in the arab spring in every r

s of those major production houses that are doing it news corp viacom disney sony all these companies are guilty of the same actions you can say bankers on wall street are doing despite the fact that most of these companies organizations have weathered the recession they're still not hiring and they're hoarding those profits for the big wigs so it's not some random kid streaming a video that's taking away jobs the entertainment industry it's the c.e.o.'s that want more produced by fewer people now as congress drags its feet over the copyright infringement legislation it's given several groups and companies and have time to learn the real effects of sopa and warn others against it and the outcry has been slowly growing just yesterday we interviewed leah kaufman the woman who wrote the viral hit i've got a crush on obama but as she told me yesterday if the internet censorship bill does pass which the administration supports it could change your mind about the president. if they do support this legislation and people i would no longer have a crush on obama and. you know i think i'd be de

news corps british paper news of the world was caught in a phone hacking scandal issued its final edition after 168 years. rupert murdock apologized but denied any knowledge of cell phone hacking. americans were just plain fed up with big banks in 2011 after public outcry institutions including bank of america j. p. morgan chase and wells fargo all dropped plans to add debit card fees. the business world lost a revolutionary innovator in 2011 april many founder and ceo steve jobs died of pancreatic cancer in october. while on medical leave in mary he made a surprise appearance to unveil the ipad 2. >> we've been working on this product for a while and i just didn't want to miss today. >>> and although the calendar year is coming to a close stores are still going to make a huge chunk of their annual profits over the next couple of days. financial experts say even calling today mighty monday. in the spirit of black friday and cyber monday today is expected to be one of the busiest shopping days of the year. with steeper post christmas sales lots of shoppers were waiting for the holidays to

and the meets are fifa president sepp blatter how the news corp talk reelected for a third term had made too many mistakes he made in the past year but he called on to colleagues to continue with a positive attitude thought the boss also expressed hope that brazil would properly complete its preparations for the twenty fourteen world cup despite the slow progress of construction. but the executive committee is very to about that but we're not so much very devoted to construction because you know the world cups everybody said they will not be ready that they will be ready. but i will myself now take up this work up also on a presidential level and then the first month or second month of this year we go and meet the heads of state. the two top sides in the english premier league now are in action on sunday the match of the day will so much the city host arsenal but it cities across town rivals united open pressing awaits a new boys q.p.r. alex ferguson's men are seeking their third straight. league victory in london it's currently one mail tonight at huff time after that possible hopes of

the prince's other big investments include stakes in citigroup and news corp. >> suzanne: grab a mug of hot cocoa and settle in. tim kane of the kauffman foundation is here with a sovereign twist on a holiday classic. >> 'twas the night before christmas and all through the zone, not a banker was liquid, not even your own. promises were made by the piigs with all sincerity, in hopes saint germanicus would delay the austerity. state unions weren't protesting, but all snug in their beds infinite pensions were flowing along in their heads. bernanke in his brown socks, obama all blue, had settled their brains that the recovery was true. when across the atlantic there arose such a clatter, they launched air force one to see what was the matter. europe was united, or so it would seem. but no, fiscal union was only a dream. france hugs spain and greece, to little avail. cross-holding sovereign debts are too big to bail. father christmas, where are you? is their pitiful sound. in london, the scrooge nation guards its pound. would-be santas should know the real origin story. gift-giving can ca

the prince's other big investments include stakes in citigroup and news corp. >> suzanne: grab a mug of hot cocoa and settle in. tim kane of the kauffman foundation is here with a sovereign twist on a holiday classic. >> 'twas the night before christmas and all through the zone, not a banker was liquid, not even your own. promises were made by the piigs with all sincerity, in hopes saint germanicus would delay the austerity. state unions weren't protesting, but all snug in their beds infinite pensions were flowing along in their heads. bernanke in his brown socks, obama all blue, had settled their brains that the recovery was true. when across the atlantic there arose such a clatter, they launched air force one to see what was the matter. europe was united, or so it would seem. but no, fiscal union was only a dream. france hugs spain and greece, to little avail. cross-holding sovereign debts are too big to bail. father christmas, where are you? is their pitiful sound. in london, the scrooge nation guards its pound. would-be santas should know the real origin story. gift-giving can ca

the prince's other big investments include stakes in citigroup and news corp. >> suzanne: grab a mug of hot cocoa and settle in. tim kane of the kauffman foundation is here with a sovereign twist on a holiday classic. >> 'twas the night before christmas and all through the zone, not a banker was liquid, not even your own. promises were made by the piigs with all sincerity, in hopes saint germanicus would delay the austerity. state unions weren't protesting, but all snug in their beds infinite pensions were flowing along in their heads. bernanke in his brown socks, obama all blue, had settled their brains that the recovery was true. when across the atlantic there arose such a clatter, they launched air force one to see what was the matter. europe was united, or so it would seem. but no, fiscal union was only a dream. france hugs spain and greece, to little avail. cross-holding sovereign debts are too big to bail. father christmas, where are you? is their pitiful sound. in london, the scrooge nation guards its pound. would-be santas should know the real origin story. gift-giving can ca

these lordly class and he's like how much more evidence do we need that the whole enterprise of news corps was hacking phones were hacking databases how much more do you need before anything is happens to him so again you know here you have in the u.k. which is not only harbors criminals. of counterfeiting but also harbors criminals like rupert murdoch who's involved in phone hacking people emulate murdoch they want to be like lord murdoch so they phone hack so google says you know what if murdoch gets away with phone hacking then we should be able to get away with phone hacking so they engage in phone hacking they cut their books and wall street takes them public they pocket billions of dollars and the i.p.o. is left to rot in people's budget accounts trickle down fraud as we've covered here before and william k. black said that that is the one that said that the fraud happens at the top and once you have a corrupt upper class that gets away with these crimes it trickles down and you have a corrupt society and that's how it happens one day the u.k. could look like pakistan or india in ter

unfortunately considering most television news corp's share board members with or like n.b.c. were just outright own by defense contractors running probably didn't even need this outreach program signed to break up the big media conglomerates that replaced need to know news with war machine propaganda. here's me if i don't shed a tear over the news is that this guy is retiring next year that's right ben nelson the democratic senator in name only from nebraska announced that he will not be seeking a third term next year now so he's behind quite a legacy as the to quote the huffington post human impediment to progress. he held president obama's health reform bill hostage until he could extract some special deals just for his home state he joined republicans to block benefits for unemployed people he stood in the way of meaningful wall street reform he helped the republicans kill foreclosure assistance legislation for struggling families he blocked energy reform legislation and even blocked democrats and voted against confirming supreme court justice alina kagan to the high court

nbc-universal, news corp, and walt disney company are all owners of hulu, so you'll see a lot of their content. go to channels to see news and information. for instance, let's say you get up too late and you missed your favorite morning show and you didn't set your dvr. ahh! no worries. hulu has it in a matter of hours, and it's all hd. think of it as tv ending up on the internet. next up is youtube. they upload tons of information, as we have already talked about. go to channels to see some of the news organizations who upload content--associated press, russia today, and al jazeera english. many are now using youtube direct. this is a direct connection between you and the newsrooms. go to reporters' center, where you can see what kind of stories they're looking for. news organizations like abc news, huffington post, and npr. post your video, and they can use it on their news shows. last is current.com. this site has news made for the internet that may end up on tv, a site that combines citizen and professional journalism. current.com started in 2005 by co-founder al gore, and viewers

rupert murdoch's news corp. disney. there's about a half dozen corporations that control almost everything most americans see watch read or hear and they're going to make damn sure that the people who get on the airwaves that they control disseminate the message they want and that's precisely the message but i think increase the number of americans across the political spectrum are seeing through that mendacity and i think i think the corporate states in trouble i do think that's playing into perhaps the division that we see right now with the tea party movement which you could say it was co-opted somewhere along the way but originally came out of this restoration that a lot of americans towards the bailouts right then later on president obama's health care plan and is that message working to divide the groups or the tea party have the same thing in common as occupy wall street and they act over those a lot of the tea party i think when you look closely at its origins was from the beginning a creation of the corporatist

not that different than what news corp. is accused of in modern times. ws, ever z yourself why does an ebook cost as much as ra regular book? nobody has to print. . nobody has to ship it. they're launching an investigation into apple's business practices, wondering if apple worked with publishers to keep e-book prices high. an l and i'll leave you with this picture from facebook. identified only as abby and her christmas sweater. there you see the baby jesus and uc davis police officer. >> that's just wrong. >> i got to say, i don't agree with even showing that. 6:26 right now. still to come on "today in the bay." ed lee seems to give up home of the niners staying in the city. >>> the occupy movement launching the next phase called occupy our homes. we'll have a live report next. >>> and jack frost is nipping at your nose in many places in the bay area. not your toes, your nose. where it's the coldest and when it's expected to warm up. we have a nice looking forecast coming up. >>> and we're watching an accident. first more cars and metering lights. we'll

. >> you mentioned the gym here at news corp. there was one day i was getting on the elevator.d shape and had a gym bag and carrying a salad and one of those disgusting brown-orangish smoothe and i was like, we get it. >> i would be self-conscious about working out at work. >> so i opened my mcdonalds and ate my frys. >> the more fast-food you eat the less you like it and you wind up not gaining weight. >> by the way, two times a week. that's how much i eat it. >> it is a lot. >> do you monitor it though? >> every monday and friday. >> but on tuesday, wendy's on wednesday burger king. >> not true. it is usually mcdonalds on monday 1k3* burger king on friday. >> i hate being in a two-shot with you. this is uncomfortable for me. >> the gal lop survey showed 14% of u.s. workers have chronic illness. >> what is a chronic illness. everybody has something. >> 86% do. >> i have an eyebrow issue. >> i have a lazy eye? >> i have a lazy eye. tell it to get back to work. >> you know what will happen is a mexican eye will come over here -- >> and take that job. >> it has plagued me my whol

it has stakes in news corp., apple and time warner, the parent

boston news corp foster it and do a great job getting people internship and mentorship and back in theeg: i could use help around the place. >> eric: cue up the rick perry sound from earlier today. >> it really disturbing me after nine years of war in iraq that this president wouldn't welcome home our heros with a simple parade in their honor. maybe because the war is unpopular with democrats, i don't know. but mr. president, our soldiers come first. >> bob: first, get advancement to get camera shot together. ricky, boy, i don't notice you volunteered to be in military, you big tough texas boy. >> eric: no, no. i think he was in the military. >> kimberly: he was. >> greg: air force. pilot. >> kimberly: that's right. air force doesn't count. >> bob: that is great. congratulations. you still need a better camera shot. secondly -- >> andrea: a hero. >> bob: a cheap political shot. >> eric: what service was barack obama part of? refresh my memory. >> kimberly: the organizer. paper cuts are dangerous. >> bob: i don't think there is a male or female at this table can be talking about -- unle

it was sold to news corp for $580 million. news corp sold it off this year for $35 million. i would say say good-bye to my space. number two is american apparel. it could go the way of borders or filene's basement meaning retailers that went belly up. they posted seven straight quarterly losses. it lost over $28 million so far this year. even the ceo is in trouble. he faces sexual harassment charges. online sales for this company may be its salvation. sales online were up 32% in november. one that you mentioned, natalie, kellogg's corn pops. yes, one of my favorites. the people who put together these ideas at 24/7 wall street, they've had corn pops in their cross hairs this year. you know what, weak sales and higher corn prices, those are the reasons that we may say bye-bye to these kellogg's corn pops. sales are down more than 12% in 2007. who can forget the fact that it maybe is not the healthiest of all cereals. they did tell us, natalie, that corn pops are here to stay. this will be one to watch next year. i'd like to see them stay. i still enjoy them, even if they get a

what about these guys who are out in front of the news corps building selling stuff they are grilling and they seem to be able to navigate it. >> well, one reason the thing they sell costs more is that they pay some well-connected lawyer to jump through all these hoops. >> bill: they hire lawyers who handle like a thousand of these guys. lawyers get them the permits and they pay the city and all of that. >> the little guy can't be an entrepreneur. >> the guy is a little guy. >> he is not independent. >> there is a million of these guys and pool their money and get some lawyer to do it for them. now, the business regulation all over the united states, not just here in new york city is pretty much the same. they make it painful for people to start up, right? >> whatever there is a problem, the politician says we have to fix it. we have to pass a law. they never take the old ones away. i have some ceos from staples, best buy on my show recently. they created a quarter of a million jobs. they said they could not build the companies they built under today's regulations. there are just too

not difference than news corp.is accused of in modern times. >> thanks for the update, scott. >>> it's 5:27. still to come on "today in the bay", making way for america's cup. some san francisco businesses will be asked to move out of the big race. >>> and we have a frost warning, a freeze warning in place for the north bay and east bay interior valleys. it's cold out there this morning. we'll tell you how warm it will be this morning. your forecast in just moments. >>> and ple sual ot cple of usual s with u unusual slowing. we'll see if it sticks around with the report in a couple of minutes. [ mom ] hey guys. guys... [ female announcer ] pillsbury cinnamon rolls with cinnabon cinnamon are an irresistible sunday morning idea. nothing calls them to the table faster. sunday morning ideas made easy. [ younger brother ] oh, do you want it? yeah. ok, we'll split it. [ female announcer ] made fresh, so light... ...buttery and flaky... this is half. that is not half. guys i have more. [ female announcer ] do you have eno

the news corp. nation has dropped our front page and radar screen but reverberates in england. so solyndra, which has been manufactured by fox news. and penn state, one of the most, i think, shocking stories that i've encountered in a long time. and our viewers agreed. this is -- this is a moment that we played when we did our show on penn state in the week that the charges first came out. this is a student on penn state campus trying to convince fellow students that this sort of hero worship of joe paterno has to stop. check it out. >> i'm not saying we are to come out here and point fingers at paterno and say paterno must go. i'm saying hold our leaders accountable. as an institution, as a part of this family, we must hold our leaders accountable. and the paterno signs, we should get rid of them. i'm sorry. >> i agree. >> i agree. >> really intense moment. >> i watched that clip like -- when you watch a documentary and you know how it's going to end. it's like, oh, what are they going to do? >> you

he holds stake in apple as well as murdoch's news corp.sents a 3% stake in the company. the cdc issues a major warning for anyone who plans to come in close contact with infant this is holiday season. plus, mtv is bringing back a classic. no, it is not yo mtv raps that is my favorite. why a new round of celebrities need to watch out. here are things we thought you should know. a 14-year-old girl who told reporters that she is bisexual and challenged the candidate rick pero his stand against gays serving openly in the military. the audio is difficult to understand, but she asked why you want to deny their freedom when they are fighting and dying for your right to run for president. he said this is about my faith. he believes serving open low in the military is "not good public policy." >> newt gingrich's wife calista took mitt romney by tweeting two slams. one read mitt's money never sleeps. though i personally don't mind it, but it won't play well in ohio. her other retweet about romney's appearance read poor romney. he is a sound byte can

as the first witnesses this afternoon, can i welcome the chairman and chief executive officer of news corp., rupert mudoch and the chief executive for news international, james mudoch. thank you for making yourselves available. >> thank you, mr. chairman. we're more than prepared to. >> thank you. perhaps i might start with mr. james murdoch. you made a statement on the 7th of july in which you stated that the paper had made statements to parliament without being in the full possession of the facts, and that was wrong. you essentially admitted the parliament had been misled in what we were told. can you tell us to what extent we were misled and when you became aware of that? >> mr. chairman, thank you very much, and i'd like to say as well how sorry i am and how sorry we are to particularly the victims of illegal voice mail interceptions and their families. it's the matter of great regret of mine, my father's, and everyone at news corporation and these are standards, these actions do not live up to the standards that our company aspires to everywhere around the world, and it's our determin