Business

Associated Press
A man walks to the entrance of one of the BSkyB headquarter buildings complex, in west London, Tuesday, April 3, 2012. Media executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down as chairman of British Sky Broadcasting, the Sky News channel reported Tuesday, Sky, the news channel of BSkyB, said he resignation would be confirmed later Tuesday after an unscheduled board meeting. It said Murdoch would remain a board member and would be replaced as chairman by Nicholas Ferguson, the current deputy chairman. (AP Photo/Lefteris Pitarakis)

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