Following the closure of News Corp-owned British tabloid News of the World after revelations that the paper hacked the cell phones of 9/11 victims, murder victims and dead soldiers, Rupert Murdoch has withdrawn the company's $12 billion bid to take over British Sky Broadcasting, the largest satellite broadcasting company in Britain. In a statement, News Corp's deputy chairman said, "We believed that the proposed acquisition of BSkyB by News Corporation would benefit both companies but it has come clear that it is too difficult to progress in this climate." more ›

Rupert Murdoch did not become a media tycoon by turning tail at the first sign of resistance in his business dealings. New York Times media columnist David Carr examines Rupert Murdoch's past successes in wooing reluctant sellers into folding their companies into the News Corp. family with promises of benign oversight and marginal interference at best, only to run roughshod over the company and imprint it with Murdoch's style before the ink is dry on the corporate bill of sale. more ›

Let's face it, this weekend was made for bonding with your couch, napping and eating leftovers. But if you really want to go against the flow, here are some things to get you out of the house... more ›

READING: Head to the New School to join the New York Times and their moderator, critic William Grimes, as Carl Hiaasen reads from his latest crime caper, Nature Girl, which chronicles the exploits of volatile Honey Santana who meets a wild cast of characters while en route to the Ten Thousand Islands. Show up early for a good seat - Hiaasen is a popular draw. - Krissa Corbett Cavouras more ›