Thursday, June 14, 2007

PRESS DIGEST - New York Times business - June 15

(Reuters) - * More trouble in subprime mortgages. Delinquencies and
foreclosures among homeowners with weak credit moved higher in
the first quarter, according to an industry report.




* The Bancroft family that controls Wall Street Journal
publisher Dow Jones & Co. has rejected a proposed plan
prepared by its lawyers, asking them instead to seek stronger
guarantees of editorial independence as a condition of selling
the company to Rupert Murdoch's News Corp. .


Read more at Reuters.com Mergers News

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