The New York Times
The Fox Business Network focused on what it called “The War on Business” all last week, but on Tuesday its coverage was decidedly more focused–with a series of reports about a California ballot initiative that its parent company, the News Corporation, had spent $1.3 million to defeat.
Call it the War on Proposition 24.
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The News Corporation is one of the many major media companies that have spent more than $1 million each seeking to defeat the proposition, which supporters say would repeal $1.7 billion in corporate tax breaks to help close the state’s budget gap. More…