News Corp considering splitting into two:
Rupert Murdoch's News Corp said it is considering splitting into two publicly traded companies, sending its shares up 6 percent as investors bet the troubled publishing business will be spun out of the more lucrative entertainment arm.
Media conglomerate News Corp completed its long-planned split Friday, with the company's struggling print media division keeping the old name while the sprawling film and television units become known as 21st Century Fox.