Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Murdoch loses trust control bid for son Lachlan

Rupert Murdoch’s attempt to alter family trust for Lachlan’s control denied by Nevada commissioner, citing bad faith.

Published

on

Rupert Murdoch’s attempt to change the family trust to consolidate control under his son Lachlan has been rejected by a Nevada commissioner.

The ruling, made by Commissioner Edmund J. Gorman Jr., stated that Murdoch and Lachlan acted in “bad faith” while trying to amend the irrevocable trust, which divides control equally among Murdoch’s four oldest children.

The 96-page opinion characterised the plan as a “carefully crafted charade” intended to secure Lachlan’s executive roles unconditionally.

Murdoch’s lawyer expressed disappointment and plans to appeal the ruling.

FILE PHOTO: Media mogul Rupert Murdoch poses for a photograph with his sons Lachlan and James in London.

Media empire

This dispute is critical as it affects the future control of Murdoch’s media empire, which includes Fox News and other major outlets.

While the intention was not to diminish financial stakes, the ruling reflects deep family tensions, especially given differing political views among the siblings.

The commissioner noted Lachlan initiated the proposed changes, created a plan dubbed “Project Family Harmony,” and labeled James as a “troublesome beneficiary.”

Despite Lachlan and Rupert’s efforts, the attempt to marginalise James was deemed insufficiently justified by the court.

Murdoch’s family trust, established in 2006, retains his control until his death, and includes provisions allowing amendments.

However, the commissioner found that Murdoch and Lachlan’s actions were not supporting their siblings’ best interests.

The ruling is not final and may be contested further in court.

Continue Reading

News

Erika Kirk breaks silence with heartbreaking tribute

Erika Kirk shares emotional tribute to Charlie, vowing to continue his legacy and strengthen his mission posthumously.

Published

on

Erika Kirk shares emotional tribute to Charlie, vowing to continue his legacy and strengthen his mission posthumously.


Charlie Kirk’s widow has shared an emotional video showing her kissing her husband’s hand as he lay in his casket. Her words of love and sorrow carried across social media as she returned for the first time since his death.

In her post, Erika spoke of devastation and faith, describing her grief as a battle cry to the world. She said her husband’s mission would not only continue, but grow stronger in his absence.

Her message was clear and defiant. Those who opposed Charlie Kirk and the movement he built with Turning Point USA would, she vowed, never forget his legacy. She promised to carry his work forward in his name.

#CharlieKirk #ErikaKirk #TurningPointUSA #TickerNews


Download the Ticker app

Continue Reading

News

Tyler Robinson arrested for killing activist Charlie Kirk

Tyler Robinson arrested for murdering Charlie Kirk; shared details on Discord, revealing political motives and chilling messages

Published

on

Tyler Robinson arrested for murdering Charlie Kirk, shared details on Discord, revealing political motives and chilling messages

video
play-sharp-fill
In Short:
– Tyler Robinson, 22, was arrested for allegedly murdering activist Charlie Kirk, 31, at a university event in Utah.
– Witnesses revealed Robinson’s negative views on Kirk and links to anti-fascist sentiments through his messages and actions.
Tyler Robinson, 22, was arrested following the alleged murder of conservative activist Charlie Kirk, 31, during a university event in Utah.
Authorities reported that Robinson shared details about the incident on Discord, discussing his actions after the shooting.
He reportedly inscribed internet culture references on the bullets used, including anti-fascist sentiments.Banner

Witness testimonies indicate Robinson had expressed negative views about Kirk prior to the attack, which he described as “spreading hate.”

He arrived campus in a grey Dodge Challenger and opened fire, leading to Kirk’s immediate collapse. Following the incident, Robinson’s father and a minister turned him in to the police.

Political Context

Robinson’s messages, including references to anti-fascist imagery and memes, indicated a motive tied to Kirk’s political beliefs.

Governor Spencer Cox noted Robinson’s increasing political engagement and dissatisfaction with Kirk’s views in conversations with relatives. The investigation raised concerns over targeted violence linked to political ideology.


Download the Ticker app

Continue Reading

News

Wall Street bets big on Fed rate cut

Published

on

Wall Street traders are increasingly confident the Federal Reserve will cut rates next week.

Fresh inflation data has showed prices edging higher but growth slowing, and with jobs, markets, and political pressure all in focus, the Fed’s decision could be pivotal for the economy.

Continue Reading

Trending Now