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Investigators Probe Another Murdoch Company

RENEE MONTAGNE, HOST:

NPR's business news starts with more bad news for News Corp.

An FBI investigation of Rupert Murdoch's media company is now looking to Russia. A billboard company, News Outdoor Russia, owned until last year by News Corp, is being scrutinized over possibly bribing public officials. The FBI began looking into News Corps' operations after its British newspapers were embroiled in a bribery and phone hacking scandal.

This latest probe in Russia suggests the U.S.-based News Corp could be vulnerable to charges under America's Foreign Corrupt Practices Act. Transcript provided by NPR, Copyright NPR.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.