Rupert Murdoch steps down as chairman of Fox, News Corp
Shares of Fox rose nearly 2% after the news of Murdoch stepping down.
Media mogul Rupert Murdoch leaves his home in London, Britain March 4, 2016. Murdoch wed former supermodel Jerry Hall in a low-key ceremony in central London on Friday, the fourth marriage for the media mogul.(photo credit: REUTERS/Stefan Wermuth/File Photo)Updated: