In Washington, House and Senate negotiators have reached a deal to fund highway and transportation projects for the next two years. This averts what could have been a dramatic shutdown after years of temporary extensions. The Senate could vote as soon as today, with the House likely to vote Friday.
And we reported, yesterday, that Rupert Murdoch's media conglomerate News Corp. was considering splitting itself into two separate companies. The company's board of directors approved a split last night.