n entertainment, anchored by a movie studio and the Fox television network. After the split, which is expected to be completed this summer, Murdoch, 82, will be chairman of both companies and CEO of 21st Century Fox. Both companies will be under Murdoch's control through a family trust that owns nearly 40 percent of a special stock that wields extra voting power. Under a new compensation plan covering the fiscal year ending in June 2014, most of Murdoch's compensation will be tied to 21st Century Fox. As CEO of 21st Century Fox, Murdoch will be paid a base salary of $7.1 million and will be eligible for a bonus of up to $10.5 million and stock awards of as much as $5.7 million, for a total of $23.3 million, according to the regulatory filing. As News Corp.'s chairman following the split, Murdoch will be paid a $1 million salary and could receive another $2 million in bonuses and $2 million in stock awards, for a total of $5 million. Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. An insider's guide to politics and policy, available on the iPad or as a PDF download.
By The Associated Press, Associated Press Archer Daniels Midland Co. is closer to making a huge expansion into Australia with a possible deal for a grain handler there called GrainCorp. Decatur,toms the shoes, Ill.-based ADM has offered 12.20 Australian dollars ($12.54) to buy GrainCorp. That values GrainCorp at about $3.1 billion, including the portion of GrainCorp that ADM already owns. The deal announced late Thursday says GrainCorp's board has agreed to recommend the offer to shareholders for approval. ADM's two previous offers for GrainCorp Ltd. were rejected for being too low. ADM says it is examining GrainCorp's books and will announce a final decision about the deal by end of its first-quarter earnings conference call, which has been delayed until Wednesday. ADM has been looking to invest in overseas suppliers. Australia is a major exporter of commodities, including iron ore and wheat. Copyright 2013 The Associated Press. All rights reserved,toms shoes sale. This material may not be published, broadcast, rewritten or redistributed. An insider's guide to politics and policy, available on the iPad or as a PDF download.
By MARTIN CRUTSINGER, Associated Press WASHINGTON (AP) U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to drag on growth throughout the year. The Commerce Department says the overall economy expanded at an annual rate of 2.5 percent in the first quarter, rebounding from the anemic 0.4 percent growth rate in the October-December quarter. Much of the gain reflected a jump in consumer spending,cheapest toms shoes, which rose at an annual rate of 3.2 percent. That's the best since the end of 2010. Businesses responded to the greater demand by rebuilding to their stockpiles. And home construction rose further. But governm Related articles:

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