The phone-hacking affair could open News Corp. (NWS), and in particular James Murdoch, to...

|About: News Corporation (NWS)|By:, SA News Editor

The phone-hacking affair could open News Corp. (NWS), and in particular James Murdoch, to investigations in the U.S. and the U.K., putting his position as heir apparent into doubt. A U.S. investigation could also cost News Corp. over $100M and last 2-4 years.