US pension funds and other institutional investors have filed an amended complaint alleging "rampant nepotism" and "failed corporate governance" at News Corp in light of the ongoing British phone hacking scandal.
Sentiment among the US equity managers at Goldman Sachs Asset Management stands broadly in line with the bullish outlook for America's economy that Goldman's global investment research unit issued early this year.
Despite last month's significant price movements in US treasuries, yields are still below the levels seen at the end of last year.
The FTSE has plunged into negative territory after disappointing US jobs data reignited fears over the economic recovery.
Thursday newspaper round-up: Lehman Brothers secretly borrowed billions of dollars from the US Federal Reserve months before the investment bank filed for bankruptcy, it has emerged.
The programme of US bond purchases, affectionately known as QE2, has only just ended, yet there are already calls in America for a new initiative (presumably to be known as QE3) to be introduced. QE is dead, long live QE!