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Rupert Murdoch Would Like One of His Children to Succeed Him at News Corp. News Corp. Chairman Rupert Murdoch, who began building his media group with the Adelaide News in 1953, said he’d like one of his children to succeed him, amid regular discussions about who will take over at the U.S. company.

Tishman Blackrock Move $3 Billion Stuyvesant Town Loan to Special Servicer The $3 billion loan backed by Stuyvesant Town-Peter Cooper Village in Manhattan was transferred to a special servicer at the request of Tishman Speyer Properties Inc. and Blackrock Realty, Fitch Ratings said.

Darling Urges G-20 to Maintain Stimulus to Cement Global Economic Recovery U.K. Chancellor of the Exchequer Alistair Darling urged the Group of 20 nations to maintain stimulus measures for their economies to cement a recovery from the worst recession in six decades.

European Stocks Advance for First Week in Three as Earnings Beat Estimates European stocks rebounded from a one- month low as better-than-expected earnings at companies from Swiss Reinsurance Co. to Delhaize Group SA fed investors’ expectations a seven-month rally will go on.

Galleon Scandal Scorecard: Hedge Funds, Traders, Lawyers and `Octopussy' Twenty people, including Galleon Group LLC co-founder Raj Rajaratnam, have been criminally charged in what federal authorities call the biggest prosecution of alleged hedge-fund insider trading in the U.S. Prosecutors in Manhattan say they have evidence from wiretaps, trading records and cooperating witnesses to prove widespread trafficking in illegal insider information. Except for those who have pleaded guilty, all those charged have denied wrongdoing and are free on bail. One suspect remains

UCBH Holdings' Bank Is Seized, Becomes 120th U.S. Lender Closed This Year UCBH Holdings Inc.’s United Commercial Bank, a San Francisco-based lender with $11.2 billion in assets, was seized by regulators, becoming the 120th U.S. bank to fail this year.

General News

Democrats Agree to Allow Abortion Vote as House Health-Care Debate Opens House Democrats moved to clear one of the last hurdles to a historic debate on legislation to overhaul the U.S. health system, agreeing to a demand by 40 lawmakers to allow a vote on restricting funds for abortion.

Fort Hood Killing Spree Was Ended by Base Police Officer, Officials Say A civilian police officer at Fort Hood whose shots stopped a killer’s rampage is a member of a special reaction team and a weapons expert who probably saved lives with her response, officials say.

Japan Promises $5.5 Billion Environmental Support to Mekong River States Japan will join five Southeast Asian nations that share the Mekong River in a 10-year program to protect the region’s environment, as Prime Minister Yukio Hatoyama seeks closer ties with Asia.

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