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Fox Corp. outpaced Wall Streets expectations on Tuesday after reporting higher-than-expected profits that were boosted by an industry-wide uptick in the advertising market.

The New York-based media giant earnings of $375 million, or 74 cents per share, according to its fourth-quarter earnings release. That number was up from $306 million in the same period one year ago.

On an adjusted basis excluding one-time expenses, the company reported earnings of 88 cents per share, higher than the 72 cents projected by Wall Street analysts.

Foxs quarterly revenue was $3.03 billion, a figure that matched last years results for the quarter and was in line with estimates.

“We enter fiscal ’24 from a position of strength despite headwinds facing our industry and the lingering effect of some macroeconomic uncertainty,” Fox Corp. CEO Lachlan Murdoch said during an earnings call.

Fox shares were up nearly 4% in mid-day trading.

The company’s quarterly ad revenue came in at $1.01 billion, down slightly compared to last year but still better than expected, according to estimates from research firm Visible Alpha.

The company said the 4% decrease in ad revenues occurred as continued growth at Tubi was more than offset by comparably lower political advertising revenues at the FOX Television Stations and the impact of elevated supply in the direct response marketplace at FOX News Media.

Underlying ad trends have shown signs of improvement over the last quarter, Murdoch added. We are seeing an uptick in scatter driven largely by sports and national news is solid.

Murdoch also expressed confidence in Fox News revamped primetime lineup. The shakeup occurred after the dismissal of former host Tucker Carlson earlier this year.

We are pleased with the initial results, and are confident that our deep bench of talent will continue to set the standard for all new services as we move towards the 2024 presidential election, Murdoch said.

In April, Fox reached a $787.5 million settlement with Dominion Voting Systems. The settlement did not impact its fourth-quarter results.

Through the end of the quarter, Fox had roughly $4.3 billion in cash and roughly $7.2 billion in debt.

Fox Corp. shares a common owner with News Corp, which owns The Post.

With Post wires

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Politics

Andrew Gwynne sacked as health minister over comments posted on a WhatsApp group

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Andrew Gwynne sacked as health minister over comments posted on a WhatsApp group

Health minister Andrew Gwynne has been sacked over comments posted on a WhatsApp group.

Mr Gwynne reportedly made antisemitic comments and ‘joked’ about a pensioner constituent, saying he hoped she died before the next election, according to the Mail on Sunday.

In the WhatsApp chat, which contained Labour councillors, party officials and at least one other MP, Mr Gwynne made racist comments about Labour MP Dianne Abbott and sexist remarks about Deputy Prime Minister Angela Rayner.

A government spokesperson said: “The prime minister is determined to uphold high standards of conduct in public office and lead a government in the service of working people. He will not hesitate to take action against any minister who fails to meet these standards, as he has in this case.”

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A Labour spokesperson confirmed Mr Gwynne had been suspended as a member of the Labour Party.

“We are investigating comments made in this WhatsApp group in line with the Labour Party’s rules and procedures,” they said. “Swift action will be taken if individuals are found to have breached the high standards expected of them as Labour Party members.”

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Mr Gwynne said he deeply regretted his “badly misjudged comments” and apologised for any offence caused.

“I’ve served the Labour Party all my life and it was a huge honour to be appointed a minister by Keir Starmer.

“I entirely understand the decisions the PM and the party have taken and, while very sad to have been suspended, will support them in any way I can.”

Nigel Huddleston MP, co-chairman of the Conservative Party, said there is “clear contempt for pensioners in the Labour Party”.

“This clearly goes beyond Andrew Gwynne and there is a rot in Labour that needs fixing. Andrew Gwynne should not remain a member of the Labour Party – they need to act.”

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UK

Harvey Willgoose: Sheffield United fans and players pay poignant tribute to teenager stabbed to death

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Harvey Willgoose: Sheffield United fans and players pay poignant tribute to teenager stabbed to death

Hundreds of people have attended a march in memory of a 15-year-old boy stabbed to death at his school – ahead of a tribute by his football club, Sheffield United.

Harvey Willgoose died on Monday after he was attacked at All Saints Catholic School in the city.

Dozens of people have left flowers and messages outside the school since his death.

Harvey Willgoose's parents Mark and Caroline Willgoose. Pic: PA
Image:
Harvey’s parents Mark and Caroline Willgoose

Fans hold up a banner in memory of 15-year-old Harvey Willgoose, who was stabbed to death at All Saints Catholic High School in Sheffield on Monday, during the Sheffield Utd v Portsmouth match at Bramall Lane, Sheffield, on 8 February 2025. Pic: PA
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Fans at Sheffield United’s match against Portsmouth held up a banner in Harvey’s memory

Harvey was an avid Sheffield United fan and football shirts, scarves and messages have been left for him outside the stadium in the city.

One message written on a Sheffield United shirt reads: “RIP Harvey. Forever in our hearts.”

People join the march outside Sheffield Town Hall. Pic: PA
People prepare to join the march. Pic: PA
Image:
Pics: PA

Harvey’s friends joined Sheffield United supporters and others affected by his death at Sheffield Town Hall to march to the ground ahead of the match against Portsmouth at 3pm on Saturday.

One black and white banner with a picture of Harvey inside the Sheffield United logo read: “Lives not knives. It’s not OK.”

The march was supported by Sheffield anti-knife crime charity Always An Alternative.

At the game, play was stopped and applause broke out in the 15th minute, as fans and players paid tribute.

Fans also stopped for a similar tribute at West Bromwich Albion’s ground The Hawthorns for their game against Sheffield Wednesday.

People prepare to march outside Sheffield Town Hall. Pic: PA
Portsmouth fans joined the march. Pic: PA
Image:
Portsmouth fans joined the march. Pics: PA

Earlier on Saturday churches in the city held services to commemorate the teenager.

Mark McManus, the parish priest at St Joseph’s church in Handsworth, Sheffield, said: “Harvey was a former pupil of St Joseph’s Academy and, along with the members of our community who attend All Saints High School, many will have been affected by his death – some very closely.”

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In a statement released by police, Harvey’s family said their lives would “never be the same again” and they were “utterly heartbroken”.

Paying tribute, Harvey’s sister Sophie Willgoose said: “My heart is broken into a million pieces.”

A 15-year-old boy charged with murdering Harvey has been remanded into youth detention accommodation.

The defendant, who cannot be named because of his age, appeared at Sheffield Crown Court on Thursday charged with murder, possession of a bladed article and affray.

A trial date has been fixed for 30 June.

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Parents of Southport stabbings victims pay tribute to daughters – and describe moment they were told ‘something awful has happened’

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Parents of Southport stabbings victims pay tribute to daughters - and describe moment they were told 'something awful has happened'

The parents of two of the girls murdered at a dance class in Southport have spoken of the moment they were told “something awful has happened” to their children.

In an interview with The Sunday Times, the parents of Bebe King and Elsie Dot Stancombe paid tribute to their daughters, while recalling what happened on 29 July 2024.

Warning: Some readers may find this article distressing

Describing the moment she dropped her daughter off at the two-hour workshop at Hart Space studio, Jenni Stancombe said she watched Elsie run inside, excited to show her friend her newly pierced ears.

“I watched her sit down and waved her off and I left her,” she said.

Just before midday, Ms Stancombe got a call from another mother, telling her: “Something awful has happened. Somebody’s stabbed the kids.

“I said, ‘What do you mean?'” Ms Stancombe said. “She went, ‘It’s really bad. You need to get here’.

“I just ran. I left the whole house open and got in the car.”

Bebe King’s parents – who cannot be named for legal reasons – had been busily preparing for a wedding the following day.

Her mother remembers being in Marks & Spencer when she received a phone call from her husband, who had arrived early to collect Bebe.

“I was about to put my card in the machine, and he called. ‘I can’t believe I’m telling you this but somebody has gone into the dance class with a knife’,” she said.

She ran outside and jumped into a taxi. The driver dropped her off at the end of the street – “and I just ran”.

Parents’ tributes to children

Bebe’s parents came up with her name after a trip to Hollywood, where they saw the blues guitarist BB King’s star on the Hollywood Walk of Fame.

Bebe King’s mother said of her daughter: “She would come out with the most random stuff. She would do it and look at you and laugh as if to say, ‘I’m dead funny, aren’t I?’ She would give you this hug and say, ‘I love you, momma’.

“She was the best. She was just … Me and her had our own little language. Sometimes we would just look at each other and know what each other was thinking.”

She said Bebe “had this innate kindness. She had a spark”.

Alice Da Silva Aguiar
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Alice Da Silva Aguiar also died at the dance class

The last photo of Alice taken the day of the Taylor Swift dance class
Image:
The last photo of Alice taken the day of the Taylor Swift dance class

Ms Stancombe said it was an honour to be Elsie’s mother. “Everything she did was pure enthusiasm. It could be the most boring thing – even, like, David taking the bins out – and it was like, ‘I’ll come!’ She was grateful for life.”

She described her daughter as “highly intelligent” but said she struggled with reading and writing. Leanne Lucas, who ran the dance workshop, had been Elsie’s private tutor for 18 months.

She had originally missed out on a spot at the dance workshop, which had quickly sold out. One of her school friends was going to the class and her mother messaged Ms Stancombe saying, “Have you got her a space?”

“And I was like, “Oh no’. I knew it had sold out, so I messaged Leanne saying, ‘Aw, I totally forgot to pay for Elsie’. And she messaged saying: ‘No problem. I’ll always have a place for Elsie.’ And she kept one. I just always think if she’d given it away…”

The horse-drawn carriage that carried the coffin of Elsie Dot Stancombe waits outside St John's Church in Birkdale.
Pic: PA
Image:
The horse-drawn carriage that carried the coffin of Elsie Dot Stancombe waits outside St John’s Church in Birkdale.
Pic: PA

Rioting in Southport

The families were told to come off their social media accounts after riots broke out in Southport, and Elsie’s father and uncle Chris visited the wreckage of the riots the following day.

Neither wanted to comment on the rioting that followed their children’s deaths. Instead, both families paid tribute to the community that rallied around them in the wake of the tragedy.

“It’s about this community. It has brought light in the darkness, these little moments. And that’s what we’re constantly looking for right now.”

Pic: PA
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Elsie’s funeral. Pic: PA

Bebe’s family spent the following week with her in a bereavement suite at Alder Hey Hospital in Liverpool. On the last day, her mother and father did a final bedtime routine, reading her Jack and the Beanstalk before they left.

No funeral director would accept money, while donations and support flooded in for the families.

Bebe had a white horse and carriage. “It’s not very us,” her parents told the Sunday Times while laughing, “but it was for her and we knew she would want that.”

Royal Family brought ‘genuine comfort’

The efforts of the Royal Family brought “genuine comfort” to both families, they told the Sunday Times.

Mr Stancombe said the visit by the Princess of Wales – her first public engagement since finishing chemotherapy – “meant a great deal to Jenni”.

The Prince and Princess of Wales visited Southport. Pic: PA
Image:
The Prince and Princess of Wales visited Southport. Pic: PA

“I won’t say what they said to us, but what they shared with us was really, really powerful, and it was a powerful message and heartfelt, and it meant a lot,” he said.

The families also met the King at Clarence House in August.

“We could see how much he cared,” Mr Stancombe said, laughing about the moment Elsie’s sister offered the King a biscuit.

The King views the flowers and tributes. Pic: PA
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The King visited Southport. Pic: PA

‘Highly likely’ killer will never be released

Axel Rudakubana was jailed in January for a minimum term of 52 years after he pleaded guilty to murdering Alice da Silva Aguiar, nine, Bebe, six, and Elsie, seven, at a Taylor Swift-themed dance class.

Rudakubana also admitted trying to murder eight other children, as well as instructor Leanne Lucas and businessman John Hayes, on 29 July last year.

He was 17 years old when he walked into the dance studio, indiscriminately stabbing his victims with a 20cm blade he had bought on Amazon.

He was given 13 life sentences, with Mr Justice Goose saying the killings had caused “shock and revulsion” around the nation and said it was “highly likely” he would never be released.

Axel Rudakubana. Pic: Merseyside police
Image:
Axel Rudakubana. Pic: Merseyside police

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The 14 minutes of terror that left three children dead

Family of Rudakubana ‘moved to secret location’

During sentencing he was twice ordered out of the dock after trying to disrupt proceedings, by shouting that he “felt ill”.

The court heard emotional statements from victims and families, with Ms Lucas who was stabbed in the back, saying she couldn’t give herself “compassion or accept praise, as how can I live knowing I survived when children died?”.

The incident was not labelled a terror attack, although officers later found a plastic box containing the toxin ricin under his bed in the village of Banks, Lancashire, along with other weapons including a machete and arrows.

His devices revealed an obsession with violence, war and genocide, and he was found to be in possession of an al Qaeda training manual. It fell outside the definition of terrorism because police couldn’t identify the killer’s motive.

Families did not want sentencing televised

Neither family was in court when Rudakubana suddenly changed his plea to guilty.

Both families did not want the sentencing televised, while Bebe’s family believe details about her injuries went beyond what was necessary.

“The sentencing shouldn’t have been televised,” Elsie’s uncle Chris says. Bebe’s father agreed: “We know it has to be heard in court but why did the whole nation need to see it on television?”

Post Office vans following the hearse carrying the coffin of Southport stabbing victim Elsie Dot Stancombe as it passes through Southport following her funeral at St John's Church in Birkdale, as a tribute from Royal Mail as Elsie's dad David is a postman. The seven-year-old died in a knife attack at a dance class in Southport on July 29. Picture date: Friday August 23, 2024.
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Post Office vans following the hearse carrying Elsie’s coffin. Pic: PA

Both talked about their struggle to adapt to a new life without their daughters. Mr Stancombe worked as a postman – he described how he would drop the post off at Elsie’s school and she would run over at lunchtime with her friends to say hello.

None of the parents have gone back to work yet, but Mr and Ms Stancombe have set up a charity – Elsie’s Story, to help other children in need.

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